No COVID-19 bailouts for firms that use tax havens, Prime Minister Justin Trudeau says

Authored by thespec.com and submitted by iSleepUpsideDown
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Prime Minister Justin Trudeau says his government will not allow companies that use offshore tax havens to receive COVID-19 bailout funds.

During the House of Commons’ first virtual sitting Tuesday, Trudeau was pressed by the Bloc Québécois to prevent companies that don’t pay their fair share of tax from benefitting from government aid.

“We will continue to ensure that those who need help will get it, but those who evade or avoid tax will not receive aid,” he said.

Last week, under repeated questioning from both the BQ and NDP, Trudeau had refused to make the same commitment, saying that his government would not withhold wage subsidies from a worker just because of the behaviour of their employer.

Bloc leader Yves-François Blanchet later tweeted: “The government seems to have finally accepted (to do this). But I doubt it. We will be watching.”

chanlion on April 29th, 2020 at 04:40 UTC »

Fair, if a corporation does not pay tax, it does not receive a benefit that funded by taxes.

VonPursey on April 29th, 2020 at 04:37 UTC »

The Liberals backpedaled on their initial refusal after pressure from the Bloc, NDP and Green parties. So much for the theory that minority governments are ineffective.

Tamagogo on April 29th, 2020 at 04:27 UTC »

Glad you got on this Canada.