Madam Speaker, the Liberals promised in the last election that if they became the government, the rich would pay more. In fact, a financial report provided by the government for the 2016-17 tax year shows that the wealthiest Canadians paid $1.2 billion less in income tax as a result of the measures the government instituted. In fact, it says that high-income individuals aimed to recognize income in the 2015 tax year, before the new 33% tax rate came into effect.
What kind of tax strategies did these wealthy Canadians use to declare that income a year earlier?