Mr. Speaker, in the short time I have available to me, I want to say how pleased I am to speak on our Conservative motion that “the House call on the Liberal Cabinet to use their powers under the Broadcasting Act to reject the CRTC's streaming tax increase and eliminate the streaming tax.”
For the Canadians who are watching, the Liberal-appointed CRTC recently ordered online streaming services to pay 15% of their annual Canadian revenues to the government. That is up from the current 5%. There are three basic reasons why we are advocating for that to be rolled back and eliminated. First, it is an affordability issue. At a time when families are struggling to afford food, gas and housing, another tax hike makes no sense, particularly now. Second, it hinders investment. It does not do anything to enhance the competitive nature of our cultural industries in Canada. In fact, it will only hinder our cultural industries. It works against what we are trying to do.
Earlier, when I was talking to a colleague, I said that in 1996, the Conservative government in the province of Ontario, the government of Mike Harris, introduced an Ontario film and television tax credit, which allowed the industry to grow and thrive and supported the cultural industries and artists. That is being put at risk by an increased tax burden that will only drive those investments away.