MONTREAL — Three of Quebec’s main political parties took aim Wednesday at a proposal by Québec solidaire to introduce wealth and inheritance taxes on people with assets worth $1 million or more.
Coalition Avenir Québec Leader François Legault said Quebecers are already stretched to the limit, and with interest rates rising, it’s not the time for any new taxes.
The solution is not to create what he dismissed as “the orange taxes” — a reference to Québec solidaire’s signature colour — “but to really put money back into wallets,” Legault told reporters. He then reiterated a promise to give cheques of between $400 and $600 to Quebecers earning up to $100,000 a year.
The comments came in response to a promise made Tuesday by Québec solidaire spokesman Gabriel Nadeau-Dubois to tax wealthy Quebecers in order to raise more money to improve health care and education and to fight climate change.
Net assets between $1 million and $10 million would be taxed at 0.1 per cent a year, while assets worth between $10 million and $99 million would be taxed at one per cent. Anything over $100 million would be taxed at 1.5 per cent annually, said Nadeau-Dubois, who would be premier if his party formed the government after the Oct. 3 election. The party is also promising to impose a 35 per cent tax on inheritances worth $1 million or more.
Quebec Liberal Leader Dominique Anglade called the wealth and inheritance taxes an attack on farmers. Standing in front of a combine harvester during a campaign visit to a farm south of Montreal, Anglade said the value of that single piece of equipment is around $1 million.
It’s hard enough to find young people to take up farming, she said, and taxing them more is the wrong policy, adding that there are “millions” of examples of people outside of agriculture who have worked hard and want to leave property to their children.
“When parents have worked their whole lives and decide to leave an inheritance — even if it’s just a house — to their children, no, I don’t think we should be taxing them,” Anglade told reporters.
Parti Québécois Leader Paul St-Pierre-Plamondon said wealth and inheritance taxes would be “counterproductive.”
“This will, in my opinion, cause more problems than it will solve,” St-Pierre-Plamondon told reporters in Carleton-sur-Mer, Que., on the Gaspé Peninsula. Québec solidaire’s proposal, he added, would encourage people to sell their farms to foreign investment firms.
In response, Nadeau-Dubois said Wednesday that his inheritance tax was never meant to apply to farmland. “It’s an essential activity to feed Quebec,” he told reporters in Montreal. “We must not add obstacles for the next generation of farmers.” Québec solidaire, however, did not mention the farmland exception until after its opponents’ attacks.
In countries where wealth taxes have been introduced, there are often questions about what will be excluded, said Tommy Gagné-Dubé, a professor at Université de Sherbrooke who studies taxation and public finance.
“For example, would the primary residence be part of the net assets? If it is, that’s a large part of the wealth owned by Canadians,” he said in an interview Wednesday.
The high cost and complexity of administering wealth taxes has led many countries to abandon them, Gagné-Dubé said. In 1982, 11 members of Organization for Economic Co-operation and Development, a group of mostly wealthy nations, had wealth taxes. Now, only five do.
“That’s not to say that there’s no place for this type of tax, it depends on what the objective is,” he said, adding that a wealth tax could be a tool to reduce inequality.
Later Wednesday, it was Legault’s turn to come under fire after he made comments that appeared to link immigration with extremism.
Speaking to reporters about what he called “challenges of integration,” Legault said the “type of society we want,” the “values” of that society and “respect” have to be considered.
Asked what type of respect would be threatened, Legault responded: “Quebecers are peaceful, they don’t like to bicker, they don’t like extremists, they don’t like violence. We have to ensure that we keep it the way it is right now.”
Anglade, who has regularly accused Legault of trying to divide Quebecers, said his comments were unacceptable.
“If you make a link between violence and immigration, I don’t think that sends a very good message,” she said. “It’s an extremely dangerous conflation.”
Legault later apologized on social media for his comments.
“I did not want to associate immigration with violence,” he wrote on Twitter. He said immigration benefits Quebec but integration will always be a challenge “for a francophone nation in North America.”
This report by The Canadian Press was first published Sept. 7, 2022.
— With files from Patrice Bergeron, Caroline Plante and Stéphane Rolland.
OTTAWA – Prime Minister Justin Trudeau says the NDP is caving to political pressure from Conservative Leader Pierre Poilievre when it comes to their stance on the consumer carbon price.
Trudeau says he believes Jagmeet Singh and the NDP care about the environment, but it’s “increasingly obvious” that they have “no idea” what to do about climate change.
On Thursday, Singh said the NDP is working on a plan that wouldn’t put the burden of fighting climate change on the backs of workers, but wouldn’t say if that plan would include a consumer carbon price.
Singh’s noncommittal position comes as the NDP tries to frame itself as a credible alternative to the Conservatives in the next federal election.
Poilievre responded to that by releasing a video, pointing out that the NDP has voted time and again in favour of the Liberals’ carbon price.
British Columbia Premier David Eby also changed his tune on Thursday, promising that a re-elected NDP government would scrap the long-standing carbon tax and shift the burden to “big polluters,” if the federal government dropped its requirements.
This report by The Canadian Press was first published Sept. 13, 2024.
Simon Jolin-Barrette, minister responsible for consumer protection, has tabled a bill to force merchants to calculate tips based on the price before tax.
That means on a restaurant bill of $100, suggested tips would be calculated based on $100, not on $114.98 after provincial and federal sales taxes are added.
The bill would also increase the rebate offered to consumers when the price of an item at the cash register is higher than the shelf price, to $15 from $10.
And it would force grocery stores offering a discounted price for several items to clearly list the unit price as well.
Businesses would also have to indicate whether taxes will be added to the price of food products.
This report by The Canadian Press was first published Sept. 12, 2024.
Quebec legislature member Youri Chassin has announced he’s leaving the Coalition Avenir Québec government to sit as an Independent.
He announced the decision shortly after writing an open letter criticizing Premier François Legault’s government for abandoning its principles of smaller government.
In the letter published in Le Journal de Montréal and Le Journal de Québec, Chassin accused the party of falling back on what he called the old formula of throwing money at problems instead of looking to do things differently.
Chassin says public services are more fragile than ever, despite rising spending that pushed the province to a record $11-billion deficit projected in the last budget.
He is the second CAQ member to leave the party in a little more than one week, after economy and energy minister Pierre Fitzgibbon announced Sept. 4 he would leave because he lost motivation to do his job.
Chassin says he has no intention of joining another party and will instead sit as an Independent until the end of his term.
He has represented the Saint-Jérôme riding since the CAQ rose to power in 2018, but has not served in cabinet.
This report by The Canadian Press was first published Sept. 12, 2024.
