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Finance committee  Well, whoever is initiating the transfer—

April 30th, 2013Committee meeting

Ed Broadbent

Finance committee  —would be the source of taxing. One purpose of it is to deter, depending on how it's implemented, highly rapid and highly destabilizing flows. It’s a technical matter that, other than making the general observation, I won't go beyond.

April 30th, 2013Committee meeting

Ed Broadbent

Finance committee  That's what is in mind with the transfer tax. I repeat that the European Union...with the notable exception of Britain’s objecting, and they're not part of the euro, the rest of the western European countries have adopted that. What was the other tax you referred to?

April 30th, 2013Committee meeting

Ed Broadbent

Finance committee  My view is that it should be looked at. We didn't say it should be adopted. Again, if you look at European countries, many, if not most, have some form of tax like that already. I'm saying that if we really are concerned in general about inequality, these are things we should b

April 30th, 2013Committee meeting

Ed Broadbent

Finance committee  To comment briefly, I really strongly agree with your orientation. I grew up in a town with a high school that had what we called “technical training” of the kind you've talked about, and it has disappeared too. I've been spending some time in recent months in the United Kingdom

April 30th, 2013Committee meeting

Ed Broadbent

Finance committee  Well, if it's done and they get the skilled jobs, then it can be, but there's a point that I and a number of others made today. It's that the other thing we have to address, frankly, is unionization. Germany has one of the highest rates in Europe for unions, and one of the majo

April 30th, 2013Committee meeting

Ed Broadbent

Finance committee  I have not.

April 30th, 2013Committee meeting

Ed Broadbent

Finance committee  The tax cuts that I refer to, or that we do, because it was a collective enterprise to produce that report.... A lot of people were involved. A lot of academics across the country contributed to it. I'm not going to give the statistics off the top of my head, but on the general

April 30th, 2013Committee meeting

Ed Broadbent

Finance committee  This is the subject of a big discussion. It wasn't the massive cutbacks in social programming that turned the Canadian economy around. In my view, it was the booming American economy, created by a different approach by Mr. Clinton, that had that effect.

April 30th, 2013Committee meeting

Ed Broadbent

Finance committee  It is a complex issue.

April 30th, 2013Committee meeting

Ed Broadbent

Finance committee  In the summer of 1987?

April 30th, 2013Committee meeting

Ed Broadbent

Finance committee  Yes, I would think retrospectively that we should have had them.

April 30th, 2013Committee meeting

Ed Broadbent

Finance committee  Absolutely, when we were riding high in polls all over the country, I think.... God was not performing correctly in Canadian history.

April 30th, 2013Committee meeting

Ed Broadbent

Finance committee  If I understand the question, and I think I do, a lot of the recommendations that have been made around the table, including those made by me, are within provincial jurisdictional authority. I am in favour of using the federal spending power, but I am also in favour of doing it i

April 30th, 2013Committee meeting

Ed Broadbent

Finance committee  All I can say is that the old movies are still with us. When I was around in this place, 150 years ago, we had the same issue with various governments—sometimes a federal Liberal government, sometimes in the past a federal Conservative government—and that is whether the transfers

April 30th, 2013Committee meeting

Ed Broadbent