SoVote

Decentralized Democracy

Yuen Pau Woo

  • Senator
  • Independent Senators Group
  • British Columbia
  • Oct/18/22 2:00:00 p.m.

Hon. Yuen Pau Woo: I very much enjoyed your discussion of alternative economic models and wanted to ask you about your recommendation of a GST cut as opposed to the measures in this bill. There is merit to the argument — and you’ve pointed out that some of the countries are doing it — but would you not say that the main difference between an across-the-board GST cut and the doubling of the GST credit is, of course, in its distributional impact? Whereas an across-the-board cut would benefit all consumers, the credit increase would benefit a targeted group of lower-income Canadians. Thank you.

[Translation]

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