Mr. Speaker, I have two petitions to introduce today.
The first petition notes that Canadians are facing a cost of living crisis, with three in four people reporting that inflation is affecting their ability to meet day-to-day expenses, such as housing, food, transportation and clothing. They note that the workers' share of GDP has been eroding in Canada by falling real wages and the growing gap between labour productivity and compensation.
The petitioners call on this government to act immediately to close tax loopholes in offshore tax havens and implement an excess profits tax and use those revenues to address that cost of living crisis.