NDP's fiscal vows for 2019 election to reflect forthcoming 'tax gap' report

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The federal New Democrats' fiscal plan for the fall election will be shaped by estimates of how much money Ottawa loses out on each year to international tax-avoidance schemes, the party's finance critic says.

Peter Julian said the party intends to focus on Canada's so-called "tax gap" to show it can finance big campaign commitments -- in areas such as affordable housing and universal pharmacare -- by cracking down on corporate tax avoidance, loopholes and offshore havens.

"The whole issue of corporate taxation will be a stronger part of what we offer to Canadians, bolstered by the PBO report," Julian said in an interview. The budget from the governing Liberals fed political debate on whether or not federal governments should strive to return the books to balance as soon as possible.

Following the party's poor results at the ballot box, former leader Tom Mulcair later laid part of the blame on the fiscal commitment, which he said overshadowed the NDP's "social democratic economic vision."

 

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There's no tax gap, the rich get so many exemptions they pay no taxes, but the poor are subjected to intimidation and harassment by the CRA

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