Mr. Speaker, Liz Diachun is not among the wealthy one per cent the member just described. She has a pension of probably $45,000 a year. She is a grandmother who is simply trying to sever off a few lots so that her kids and her grandkids can have a place to live. Those lots have enough value that they will be hit by capital gains tax, and they are over $250,000, so she will pay the 66% tax. Very simply, will the minister amend the law so that this wonderful grandmother does not have to pay higher taxes?
In the House of Commons on June 12th, 2024. See this statement in context.