NDP Steps Up Push For New Tax On Wealthy, Companies ‘Profiteering’ From Pandemic

Article Link: https://www.huffingtonpost.ca/entry/jagmeet-singh-super-wealth-tax_ca_5fa31df5c5b6f1e97fe675a6

Federal New Democrats are renewing a push for Canada’s wealthiest people and the corporations thriving amid the COVID-19 pandemic to pay more to ease the country’s crisis recovery. NDP Leader Jagmeet Singh announced Wednesday his party will introduce a motion in the House of Commons calling for a so-called super-wealth tax and an excess-profits tax on “big corporations profiteering from the pandemic.” The party says the estimated billions of dollars in new revenue raised by such moves should then be spent on health care and social programs. Though non-binding on the government, the motion, set to be introduced Thursday, could put pressure on the Liberals, whose emergency spending during the crisis has resulted in a massive deficit.