Mr. Speaker, new information has once again exposed the Prime Minister’s company, Brookfield, as Canada’s biggest tax-dodger.
Experts have revealed that Brookfield avoided paying more than $6.5 billion in Canadian taxes over five years by funnelling profits through offshore tax havens in Bermuda and the Cayman Islands. As the chair of Brookfield, the Prime Minister personally set up three multi-billion dollar investment funds registered offshore. Let us not forget that the Prime Minister still stands to benefit from these offshore funds personally through future bonus payments.
While the Prime Minister lectures middle-class Canadians about paying their fair share, his company is dodging billions of dollars in taxes that could be supporting Canadian services such as health care. This is the height of hypocrisy. Canadians deserve a Prime Minister who puts the country first, not his personal bank account.