Mr. Speaker, this month Canadians were hit with a 33% tax increase to the carbon tax. Now media reports suggest that the Liberals are planning to implement a home equity tax. In fact, the CMHC is already studying elimination of the capital gains exemption on principal residences. The last thing that families need is their life savings to be wiped out overnight.
Why are the Liberals increasing taxes on Canadians in the middle of this pandemic?