SoVote

Context: House Hansard - 338 - Sep/18/24

Right Hon. Justin Trudeau (Prime Minister, Lib.)

Sep/18/24 2:30:15 p.m.
Watch

Mr. Speaker, once again, we see that the Leader of the Opposition enjoys his political games and enjoys chasing after his own political interests; however, he does not have a second to care about Canadians' interests. He is actually in a bad mood because inflation has come down for Canadians. He does not care about their interests. That is why we are going to continue to deliver for Canadians. We are going to continue to step up with investments that are going to support Canadians as we fight climate change and build a brighter future for everyone.

97 words

Context: House Hansard - 338 - Sep/18/24

Right Hon. Justin Trudeau (Prime Minister, Lib.)

Sep/18/24 3:24:50 p.m.
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Mr. Speaker, indeed, this government has put record amounts of infrastructure investment on the table to support Canadians in building transit, in building the infrastructure they need to get to and from work, and to be able to afford better homes closer to work. These are the things we are continuing to invest in. We call on all premiers to step up in their investments, to work with us on investing, to not listen to their Conservative colleague in Ottawa who wants to cut and underinvest in infrastructure, and instead, to work with us to invest in a stronger future for all Canadians.

103 words

Context: House Hansard - 338 - Sep/18/24

Ms. Rachel Bendayan (Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance, Lib.)

Sep/18/24 6:59:25 p.m.
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Madam Speaker, I simply cannot put it any way other than to say that my Conservative colleague is obviously misinformed. When it comes to business investments, I can tell members that Canada is currently third in the world for attracting foreign direct investments, and that is for the very first time in our country's history. It is an amazing achievement that highlights the focus of our government to bring new investments into Canada. One of the problems here is that Conservatives are focusing only on the top capital gains tax rate on very large investment profits. Maybe that is what his donors are talking about, but it is certainly not what middle-class Canadians are talking about around their kitchen tables. In fact, on this subject, Conservatives never talk about regular folks making regular incomes, making regular salaries or hourly wages. A worker in Canada earning an average wage is taxed less than the average across all OECD countries. I can tell members that it is a hell of a lot lower than the 48% rate in Germany or the 47% tax rate in France. In his question, my Conservative colleague is not even talking about the regular capital gains tax rate, which is itself only paid by a very small sliver of well-off Canadians who are able to realize profits on their investments. No, the Conservatives are talking about the very top marginal rate for capital gains, those making a profit of over $250,000 in investment profit in a single year, which is the definition of the one per cent. That is who the Conservatives are so very desperate to defend and make us all feel very sorry for. This is ridiculous. The fact is that the rhetoric, and if I may say the populist rhetoric, that the Conservative leader goes on tour with during the summer is addressed to the hard-working Canadians who work in the construction industry, as nurses or as bus drivers. That speech is directed to folks right across the country. However, in the House, in this chamber, it is clear who Conservatives are defending. They are defending the top one per cent. They are protecting people's stock portfolios instead of their pensions. They are defending people's stock portfolios instead of the wages of the middle class. Let that be clear.

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Investments

Context: House Hansard - 338 - Sep/18/24

Ms. Rachel Bendayan

Sep/18/24 7:03:00 p.m.
Watch

Madam Speaker, I think that the Conservatives' priority has been rather clear so far. Other than abandoning the fight against climate change, all they talk about is doing whatever they can to protect those who earn more than $250,000 a year in profit on their investments, even if that creates more inequality and raises the deficit that they regularly pretend to complain about. My Conservative colleague is obviously also focusing only on the very highest capital gains tax rate for investment gains. Perhaps that is what his donors are talking about, but that is certainly not what most Canadians are talking about around the kitchen table. I think that the Conservatives' priority is rather clear. The priority of our Liberal government is to defend the middle class.

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