You can watch the video here: https://youtu.be/YXweHJ_hJfY
Mr. Peter Julian (New Westminsterâ€”Burnaby, NDP): Mr. Speaker, our partners, the countries in the G7, are moving to force the web giants to pay their fair share of taxes, yet the Liberal government still stands resolutely against a fair tax system. The finance minister just said that they will â€œstudyâ€� the question. Canadians know what that means. For example, the Liberals have been studying pharmacare for 20 years. It means they will do nothing. Why will the government not act in the best interests of Canadians and force the web giants to pay their fair share of taxes?
Hon. Bill Morneau (Minister of Finance, Lib.): Mr. Speaker, as we consider the way our economy is changing, with large international firms that have new business models, we are going to carefully figure out how we can assure that our tax revenues stay, appropriately, the way they are today, that those enterprises have to pay the appropriate level of tax.
As we know, other G7 countries are working together with us and with the G20 to consider how we can do this together, because international firms working together on an international basis is most appropriate. We have agreed, at the G7 and G20, to work toward a 2020 deadline.