Canada's NDP

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January 4th, 2022

Liberals help CEOs get richer while Canadians struggle

The NDP's Critic for Finance, Daniel Blaikie, made the following statement:

"The past two years have been extremely hard on Canadians. Small businesses have had to close and people have seen a decrease in their working hours or have lost their jobs altogether. But not everyone has been struggling; a new report released today shows that Canada’s top 100 CEOs have seen their incomes rise during the pandemic.

In the six years Justin Trudeau has been Prime Minister, the super-rich have only gotten richer while everyday Canadians are struggling to make ends meet. The Liberals gave away millions in subsidies to big corporations with no strings attached while cutting pandemic benefits for people who needed them as COVID-19 raged through the country.

In the fall economic update, the Liberals had an opportunity to stop pandemic profiteering by making the ultra-rich pay their fair share, closing tax loopholes and tax havens. Once again, they have let everyday Canadians down.

New Democrats are committed to giving Canadians the support they need to get by and making the sure ultra-rich and big corporations pay their fair share for the pandemic recovery."