Mr. Speaker, earlier, in response to our questions, the Parliamentary Secretary to the Minister of Finance claimed that the tax policy the government introduced on December 7, 2015 raised taxes on the richest Canadians. In the interest of full disclosure, I seek leave of the House to table the following document.
The Department of Finance Canada Annual Financial Report of the Government of Canada Fiscal Year 2016–2017, page 16, states, “Personal income tax revenues decreased by $1.2 billion...largely reflecting the impact of tax planning by high-income individuals”. That is the truth.