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View Gabriel Ste-Marie Profile
BQ (QC)
View Gabriel Ste-Marie Profile
2020-04-20 18:28 [p.2225]
Madam Chair, Denmark and other countries have decided not to help companies that use tax havens.
In Canada, the House of Commons is taking unprecedented measures to provide income support to individuals and businesses. We obviously agree with this, and we are happy to be able to make suggestions on how to improve those measures. In exchange, however, we expect everyone to collaborate.
Unfortunately, large companies like Toronto's big banks are not collaborating, because they are avoiding tax by using tax havens, which enable them to get out of paying the taxes they owe. Sadly for us, what they are doing is perfectly legal.
I would have liked to ask the government if it is planning to make the use of tax havens illegal, but we are coming out of a briefing with the Minister of Finance in which he seemed to close the door on that idea. Why?
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