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NDP wants to redistribute 'excess' corporate profits to Canadians to ease inflation

National Post: 'NDP leader Jagmeet Singh says the Liberal government should respond to the rising inflation crisis by taxing excess corporate profits and redistributing the money directly to Canadians, with “ordinary families” receiving as much as $1,000...


'...Singh said it’s the responsibility of government to “step in and say if you’re making excess profits off the backs of people in a difficult time, when people can’t afford to eat, then you have to start paying your fair share.”


'He said re-distributing those profits to Canadians by providing “up to $500 to $1,000 into pockets of families who need it… is going to help folks right now who are struggling with their groceries.”


'The Liberal government already agreed to an NDP proposal to tax banks that made strong profits during the pandemic as part of the supply and confidence agreement between the two parties signed in March.'


The NDP cannot decide whether it wants to continue to buttress the elite or centralize all power and finish transforming Canada into a third-world leftist backwater.

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