Madam Speaker, we are all seeing across Canada, and in my riding of Nanaimo—Ladysmith, a growing income gap happening. We see so many people struggling to make ends meet while ultrarich CEOs are making higher and higher excess profits every day. This is a big problem.
I do see in here that a majority of parties came together and put together a recommendation I find to be quite good, and I wanted to ask the member about it. It reads:
Take steps to close the growing income gap and generate revenue to fund poverty reduction programs by closing tax loopholes and ending the use of low-tax or non-cooperative jurisdictions for tax purposes, taxing extreme wealth, and implementing a tax on excessive profits, including windfalls associated with the pandemic.
What are the member's thoughts on this? What is the government doing today to begin implementing this very sound recommendation?