Madam Speaker, it is an honour to rise to speak to the fall economic statement, legislation that has been introduced in this House. New Democrats are supporting it because there are some important measures in the legislation that we think will help Canadians, and I will canvass a few of them.
This legislation would introduce a Canada recovery dividend, under which banks and life insurance groups would pay a temporary, one-time, 15% tax on taxable income above $1 billion over five years.
I should pause and seek the unanimous consent of the House to split my time with the member for Skeena—Bulkley Valley.