Mr. Speaker, it is always a pleasure to work with the member for Saanich—Gulf Islands. I am very glad to hear her talking about President Biden's comments on the share buyback tax and his view that he would like to see that tax, which is currently at 1% in the United States, quadrupled. The fact is that in Canada we introduced that tax at 2%, which is double the current U.S. level, because we absolutely believe it is appropriate for our tax system to encourage Canadian companies to invest in workers and to invest in the economy.
In the House of Commons on February 13th, 2023. See this statement in context.