Mr. Speaker, a recent study by Oxfam showed that 62 of the world's richest billionaires have as much wealth as half of the world's population. Evidence of the gap between the rich and rest of us continues to grow. Income and wealth inequality is one of the biggest challenges of our time.
Instead of tackling this challenge head on, the Liberal government is making it worse. Last week's PBO report revealed that most Canadians would not benefit at all from the Liberals' so-called middle-class tax cut.
In fact, the report confirmed that the Liberals' plan would benefit the top 30% and the richest 10% are getting the most. Like the Conservatives before them, the Liberals are increasing economic inequality.
In my riding of Port Moody—Coquitlam, constituents are feeling the financial pain of exorbitant housing costs, expensive child care, prescription drugs, and groceries. Many are struggling just to pay the bills. We in the NDP will continue to work with civil society, business, labour, community groups, and individual Canadians to advance a fairer and more prosperous Canada for all Canadian families, not just the richest few.