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Member of Parliament

Randy Hoback

  • Member of Parliament
  • Member of Parliament
  • Conservative
  • Prince Albert
  • Saskatchewan
  • Voting Attendance: 60%
  • Expenses Last Quarter: $190,511.65

  • Government Page
Context: House Hansard - 52 - Apr/4/22
Mr. Randy Hoback
  • Apr/4/22 1:53:41 p.m.
  • Watch
  • Re: Bill C-8 
Madam Speaker, the hon. member makes an excellent point. One would think people in Saskatchewan want dental care, and yes, they do, but they do not want to burden their kids with all sorts of expenses they cannot afford. This is a structural change in government spending, so we need tax revenue, not just today but in the future, to pay for it. How we are going to do that? We just shut down the oil and gas sector and we just heard from the manufacturing sector that it is leaving, so what are we going to do? My suggestion, if we want a dental program and pharmacare program, is to maybe get the cash first. Maybe pay for it instead of financing it through deficit and then waiting for somewhere down the road to pay for it. We talk about the big banks and the people who make tremendous amounts of money with their corporations. Proper taxation is very important, no question about it, but keep in mind that when a big bank makes money, what does it do? It pays out dividends. What do shareholders do? They reinvest it back into the Canadian economy. They buy things, or they borrow from the bank and use the money in their business to function their operating capital. If we want to have fair taxation rates for banks, let us talk about that; let us make that part of the debate. However, why not raise that money first before we start committing Canadians to a structural expense that they may not be able to afford?
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