Mr. Speaker, I have the honour to present a petition signed by residents of Burnaby, B.C., as well as a number of other communities in B.C. and Ontario.
The petitioners note that in Canada corporate contributions to public revenue are already the lowest among all major G-7 economies. It notes that the individual share of federal revenue has risen steadily while the corporation share has declined. It is very critical of the Liberal GST scheme announced in April this year that would add another $6 billion of corporate tax responsibilities to individuals.
Therefore, the petitioners call on Parliament to not proceed with the Liberal GST scheme or any other plan to further reduce the remaining corporate taxes at the expense of middle class working individuals and families.
Finally, they urge the Government of Canada to undertake a fair tax reform instead so that personal consumers do not suffer even more financial insecurity and unfair costs at this critical time.