Tax

Since 2015, the Trudeau government has repeatedly promised to overhaul the tax system, but with few results. Federal budget 2021 promised to tax the digital multinational giants, instate a new luxury goods tax, close some loopholes, such as employee stock options, and instate automatic tax filing.

Fair taxation is urgently needed to raise public revenues for a feminist green recovery that addresses the social and economic inequities of the COVID-19 pandemic and the climate crisis. Implementing a 1% wealth tax on Canadian billionaires and multi-millionaires could generate up to $20 billion annually to invest in urgently needed public measures, like universal child care, mental health and income supports, climate action and affordable housing.