November 23, 1971 (28th Parliament, 3rd Session)


James Elisha Brown

Mr. Brown:

I think that as a rate that is true, sir.
I put this to the parliamentary secretary. With a new country, a country developing its mines, petroleum, natural gas and all its industries-which is the very foundation of our economic growth and the growth of employment possibilities which will take people off the breadlines and get them working-you need investment in those resources. Without it, you have stagnation. With stagnation, you have unemployment. With high taxation like this you will continue to have unemployment until it becomes something you must learn to live with. There is no solution to this kind of problem.

Subtopic:   INCOME TAX ACT
Full View