Mr. Speaker, as Kevin Page so eloquently put it, “This fudge factor is overwhelming”.
The Liberals promised to close the stock option tax loophole. Their platform notes that about 8,000 high income Canadians take home more than $0.5 billion each year from this one loophole alone.
However, now it seems the Liberals are secretly telling businesses that they are going to break that promise as well.
Can the Prime Minister finally give a straight answer? Will the upcoming budget close the stock option tax loophole for wealthy CEOs, yes or no?