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Decentralized Democracy

House Hansard - 329

44th Parl. 1st Sess.
June 11, 2024 10:00AM
Context: House Hansard - 329 - Jun/11/24
Ms. Michelle Ferreri (Peterborough—Kawartha, CPC)
  • Jun/11/24 2:13:02 p.m.
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Mr. Speaker, 93-year-old Liz Diachun, who will have to pay $40,000 in capital gains because she was trying to gift land to her grandson and daughter, has a message for the Prime Minister. She is not rich. She does not have an extra $40,000. She is trying to help her family. She would like to know which bank would lend a 93-year-old $40,000. Peter from Peterborough also has a message for the Prime Minister. He wants to know why the Liberals think it is okay to change the rules that dictate his retirement plan. He purchased an investment property in 1986 that was supposed to be his retirement. Now, because of the Liberals' increase in capital gains, he no longer has enough money to retire. The Liberals claim they want tax fairness for every generation. How is destroying the retirement of Canadians fair?
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Context: House Hansard - 329 - Jun/11/24
Mr. Rick Perkins (South Shore—St. Margarets, CPC)
  • Jun/11/24 2:59:26 p.m.
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Mr. Speaker, the only thing the Liberal minister is doing is bringing in retirement-killing taxes on fishermen. Mrs. J. and her husband from Nova Scotia worked for 50 years to build their lobster and fish-buying business. They sold their business to create their modest retirement income by investing the proceeds, creating a humble retirement. They paid their fair share of taxes already but Liberals want to take more of their retirement income. Why does the Prime Minister think that robbing an 85-year-old widow of her hard-earned, dignified retirement income is fair?
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