Madam Speaker, Canadians pay their taxes and expect fairness, but surprise, surprise, the Prime Minister's budget did nothing to inconvenience powerful corporations like Brookfield and prevent them from enjoying Canada's two-tier tax system.
Canadians cannot ignore that not long before taking office, the Prime Minister served as the chair of Brookfield, a senior position of a company now known for pushing tax avoidance to the max. During an ethics committee meeting, we heard that Brookfield is the most aggressive tax-avoider in the country, shifting profits into offshore havens and dodging $6.5 billion in Canadian taxes.
While the government protects these loopholes, it saddles Canadians with the biggest budget in our history. Workers pay for it twice: once through higher taxes and again through the hidden inflation tax that follows the massive deficits and drives up the cost of everything.
Families in London deserve better than a system rigged for insiders. Conservatives will fight for fairness.