Madam Chair, of course we support cracking down on tax havens. Everyone should pay what they owe and anyone who is breaking the law to avoid doing so should be prosecuted to the full extent of the law. The New Democrats are fond of coming up with other schemes they claim will raise revenue. They never actually do, in practice.
We propose that if we want to stop handing money to the rich, we should stop the corporate welfare schemes that use taxpayer money to fill the pockets of wealthy and influential people. Let us cancel the $35-billion Infrastructure Bank, which is nothing more than a backstop of profits for large construction and private equity firms. Let us cancel handouts to firms like Loblaws, Mastercard, Bombardier and others that—