Thursday, June 09, 2022

#CANADA: Opposition Parties Urge Liberals To Act On Inflation

[world politics news]

The Conservatives and the New Democrats are demanding that the federal government introduce new measures to address the rising cost of living for Canadians, with different approaches to tackle the inflation crisis.

The Conservatives have put forward an opposition day motion asking that the government temporarily suspend the Goods and Services tax collected on gasoline and diesel, freeze the carbon tax, and eliminate tariffs on fertilizer, among other requests, in order to provide immediate relief to Canadians.

But NDP Leader Jagmeet Singh argued the way to tackle risk ng prices is by imposing an excess profit tax on big companies.

“We see clearly that corporations are making these massive profits. They’re making record-setting profits and their record-setting profits are directly contributing to the cost of living going up,” Singh said.


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