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Summary

The 'Super Rich' Should Pay For Canada's COVID-19 Recovery Says Jagmeet Singh

He says "pandemic profiteers" have made billions thanks to COVID-19. 💰
Managing Editor, Canada

NDP leader Jagmeet Singh has a plan to pay for the recovery from COVID-19 in Canada.

In a tweet on Thursday, November 5, Singh said Canada’s “super-rich” have made billions of dollars from the ongoing pandemic.

It should be their responsibility, he says, to pay for the country’s recovery.

He announced that the New Democrats would be calling on the prime minister to take action, to ensure that Canadian “families” won’t be the ones to foot the bill.

Editor's Choice: The CRA Just Explained How It Decides If You Need To Pay Back COVID-19 Benefits

While families have struggled, the super-rich have made billions off the pandemic. Jagmeet Singh

Going forward, the NDP is calling for a new tax on wealthy Canadians and businesses, who he says have profited from the pandemic.

According to CBC News, the proposed tax would affect anybody with wealth that exceeds $20 million.

"To pay for the programs, the help that people need ... it should not be families, and people, and workers, and small businesses who have struggled," Singh said on Wednesday.

"It should be those who have profited off the pandemic and the ultra-wealthy who contribute their fair share."

It’s not the first time Singh has called-out Canada’s most wealthy citizens. 

In the past he’s taken a dig at both Amazon and Netflix, who he claims are not paying their “fair share” in taxes.

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    • Managing Editor

      Helena Hanson (she/her) is the Managing Editor of Canada for Narcity and MTL Blog, where she brings her expertise in dreamy, aspirational travel journalism to life. A first-class graduate of Cardiff University's School of Journalism, Helena has a passion for inspiring readers to discover the magic in their own backyards. Originally from the U.K., Helena has spent years uncovering hidden gems and must-see destinations across countries like Sri Lanka, Vietnam, Indonesia, Japan, and more. Having lived in both Canada and Australia, she's become a seasoned expert in off-the-beaten-path adventures and bucket-list experiences that don't break the bank. Whether she's writing about things to do in Ottawa, Montreal, or her favourite spot—Disney World—Helena hopes to leave readers dreaming of their next adventure.

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