By Staff
April 24, 2015
BURLINGTON, ON
Burlington MP Mike Wallace spoke yesterday in the House of Commons and said:
Mr. Speaker, I really appreciate the member’s honesty. He was clear in his speech that his party is in favour of increased taxes to pay for a number of the programs the New Democrats have indicated they are interested in. I am actually looking forward to debating those issues at election time also.
However, I am a little confused. On one hand, in his speech he talked about corporations needing to pay their own way, and then the previous speaker from his party was taking credit for the small business tax rate going from 11% to 9%. Ninety per cent of the businesses in the country are small businesses.
Are the New Democrats for increasing taxes on business, or are they against taxes going up for business? It is a very confusing message. I do not think they know what they actually stand for. I would be interested to hear what he has to say about that.
Wallace was responding to remarks made by Jack Harris, the NDP Member for St. Johns East in Newfoundland who had said previously:
Mr. Speaker, it is a pleasure to have an opportunity to speak to the Conservative budget. The budget is no pleasure, but to have a chance to talk about what is wrong with it, where it is lacking, the negative direction it is taking the country and some of the things that my party, the NDP, would do instead is something I cherish.
The Conservative budget would spend billions in handouts to the wealthiest at a time when the government should be investing in accessible child care, affordable housing and supporting seniors who are struggling to get by. Places like Newfoundland and Labrador and the people there and the Atlantic who have critical issues that need to be addressed, like regional economic development and supporting communities, issues such as the constitutional obligation of the government to support Marine Atlantic, are absent from this budget.
Absent as well are the $280 million that the government promised the government of Newfoundland and Labrador in a fishing industry development fund in response to the consequences of CETA and the request to remove its powers to expect local processing in fisheries. Where is that? All of these are absent.
Things get a little testy at time in the House of Commons. When Wallace was finished speak Harris stood again and responded with
Mr. Speaker, we have noticed over here that the hon. member is confused on many occasions. He did not actually need to tell us that.
If he had been listening, he would have known that the leader of the NDP gave a major speech several months ago in which he called for a decrease in small business tax rates down to 9%. That was very clear. He also called for an increase in the capital cost allowance for manufacturers. This is desperately needed in the member’s neck of the woods, in Ontario, because of the hollowing out of manufacturing that has happened during the government’s administration. We are trying to fix that.
We do understand what needs to be done, but we do not support the notion that major corporations, highly profitable corporations, can have tax cuts and sit on that cash for years and years and not use it to create jobs.
Both New Democrat Harris from Newfoundland and Conservative Wallace from Burlington were commenting on the federal budget that was handed down the day before. Fine men representing their constituents.