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Decentralized Democracy

House Hansard - 330

44th Parl. 1st Sess.
June 12, 2024 02:00PM
  • Jun/12/24 2:04:54 p.m.
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Mr. Speaker, no one will be surprised to know they did it again. We will remember back in 2015 when the Conservative Party voted against the 1% wealthiest being taxed a bit more. It did it again yesterday. Yesterday, the Conservative Party, or should I say the Reform Party, voted no against the capital gains tax. What does it have against fairness? Why is it that the Conservative Party is more in favour of supporting lobbyists as opposed to Canada's middle class and individuals who need the support from government? Why is it that the Liberal Party, on the one hand, demonstrates a caring, compassionate attitude and the Conservatives, on the other hand, consistently talk about cuts, cuts, cuts and do not understand the word “fairness”? Shame on them.
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  • Jun/12/24 2:24:15 p.m.
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Mr. Speaker, our government understands the importance of fairness. We understand that a teacher should not pay tax at a higher rate than a multi-millionaire. We also understand that our decision will give Quebec an additional $3 billion that it can use to invest in health care, for example. The Conservatives do not like health care. They do not like government investments.
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  • Jun/12/24 2:25:37 p.m.
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Mr. Speaker, Quebeckers understand the importance of fairness. They understand that it is very important for a nurse not to pay tax at a higher rate than the ultrarich. They also understand that we need revenue to invest in health care and child care. Quebec needs these revenues too. That is why the province has decided to do the same thing we are doing at the federal level.
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  • Jun/12/24 2:32:06 p.m.
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Mr. Speaker, I would like to begin by thanking the Bloc Québécois for its vote on tax fairness yesterday. They understand the importance of social solidarity and fairness, just as Quebeckers do. They understand that a teacher should not pay tax at a higher rate than the ultrarich. It is such a shame that the Conservatives do not understand that.
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  • Jun/12/24 2:43:50 p.m.
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Mr. Speaker, we will take no lessons from the Conservatives. Generational fairness is key to Canadians. That is why, in the last budget, we presented measures to build this country, measures to invest in our economy, measures to invest in the middle class and measures to help Canadians. Our capital gains tax change would help Canadians. On this side of the House, can members believe the Conservatives voted against tax fairness? On this side of the House, we will fight for Canadians; we will fight for the middle class.
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  • Jun/12/24 2:59:33 p.m.
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Mr. Speaker, I think the Conservative leader is a bit confused; he seemed to think that the words I quoted were mine. I was, in fact, quoting him. I was quoting his words about the wealthiest 1% and their stock portfolios and luxury real estate, but that was back when the Conservative leader was pretending to be a friend of working people. He was pretending to be on the side of the little guy. Yesterday we learned that is just not true, but we are on the side of fairness.
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  • Jun/12/24 3:02:32 p.m.
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Mr. Speaker, what will be in the law is that anyone who makes a capital gain over $250,000 in a given year, the first $250,000 being exempt, 50% inclusion rate, will pay 66%. That is less than what Brian Mulroney asked them to pay. It gets us closer to the fairness that is being asked for by the electricians, the farmers, the teachers, the nurses, the fishers, the people in Canada who expect us to stand up for tax fairness, and against that.
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  • Jun/12/24 3:10:29 p.m.
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Mr. Speaker, what I can say is that fairness is at the core of who we are as Canadians. The people of Shawinigan, like the people of Ottawa and Carleton, understand that equity is fundamental in a fair and equitable society. That is why we made it the basis of what we presented in the last federal budget. That is why the changes to capital gains will allow us to reinvest in the economy, reinvest in our workers and reinvest in housing. Lo and behold, the Conservatives are against tax fairness. Who would have thought it? They are against tax fairness. On this side of the House, we will always side with workers, we will always side with the middle class, and we will always side with Canadians.
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