Madam Speaker, we have heard from many across the country that one of the ways to address the $30 billion in corporate tax loopholes from last year alone is to put in place a minimum tax on reported profits; that is, the profits that some of the largest corporations in the country report to their shareholders. Canadians For Tax Fairness estimates that this could recoup $11 billion of that $30 billion every year. The governing party chose not to do that in budget 2023. Could my colleague from Elmwood—Transcona share more about that?
In the House of Commons on April 28th, 2023. See this statement in context.