OTTAWA – The Green Party of Canada is disappointed with Prime Minister Mark Carney\u2019s decision to maintain measures that contribute to growing inequalities in this country by cancelling Trudeau’s adjustments to the capital gain tax, a move that benefits the wealthiest Canadians while leaving the middle class and small businesses behind.<\/p>\n\n\n\n
Last summer, then-Finance Minister Chrystia Freeland framed her tax reform as a matter of fairness. While the geopolitical landscape has shifted, the Green Party asserts that the principle of fairness remains unchanged.<\/p>\n\n\n\n
\u201cAt a time when all Canadians need to contribute to the defence of this country\u2019s core interests and economy, it\u2019s disheartening to see this government take decisions that once again favour big business and the richest among us, instead of ensuring they pay their fair share to protect our country,\u201d said Green Party Co-Leader Jonathan Pedneault.<\/p>\n\n\n\n
The Green Party continues to advocate for fair taxation through wealth taxes and a fundamental shift away from taxing personal income toward taxing the excess profits of large corporations. Unlike the Liberals, who attempt to appear aligned with everyday Canadians through superficial measures like the luxury tax on Canadian-made products, the Greens prioritize policies that genuinely support small businesses, which are the largest employers in the country.<\/p>\n\n\n\n
\u201cFairness should be the foundation of our tax system. Instead of backtracking on even modest reforms, we need a real tax overhaul that ensures corporations and the ultra-wealthy contribute their fair share,\u201d added Green Party Co-Leader Elizabeth May. \u201cOur tax system is outdated. Canadian society has changed dramatically in the last 60 years\u2014our policies need to reflect that.\u201d<\/p>\n\n\n\n
In 1966, the Royal Commission on Taxation declared that fairness should be the foremost objective of Canada\u2019s tax system. The Green Party believes that principle is more relevant than ever and urges the government to prioritize tax reform that serves all Canadians, not just the wealthiest few.<\/p>\n\n\n\n
#####<\/strong><\/p>\n\n\n\n For more information or to arrange an interview : <\/strong><\/p>\n\n\n\n Fabrice Lachance Nov\u00e9<\/strong><\/p>\n\n\n\n Press secretary<\/strong><\/p>\n\n\n\n 514-463-0021<\/strong><\/p>\n\n\n\n