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

NDP MP Peter Julian looks on as leader Jagmeet Singh speaks during a news conference in Ottawa on March 13, 2019.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.

“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.

In the 2015 election, the NDP vowed to make major investments and still balance the budget by raising corporate taxes and cutting off tax havens.

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