Mr. Speaker, our government is absolutely committed to making sure everyone in Canada pays their fair share and we have taken concrete action. We have permanently raised the corporate income tax on the largest and most profitable banks and insurance companies in Canada by 1.5%. We are introducing a Canada recovery dividend on banks and insurance companies of 15%. We are also putting in place a luxury tax on cars and planes worth more than $100,000 and on boats worth more than $250,000.
In the House of Commons on June 7th, 2022. See this statement in context.