April 18, 2023 (Ottawa)-Current Canadian Government headed by Justin Trudeau is under minority.The Canadian Government of Liberals is functioning with the backing from NDP and gets their important resolution passed with the support from NDP.

NDP Leader Jagmeet Singh pitched a plan Tuesday to increase corporate taxes based on the size of the gap between worker and CEO pay.

Mr. Singh said he was inspired by legislation United States Senators Elizabeth Warren and Bernie Sandersput forward inCongress two years ago.

Mr. Singh in a news conference on Tuesday"Right now, when we're experiencing unprecedented inflation, we're seeing people thatare feeling squeezed. They can't afford their groceries; they can't afford their bills. At the very same time, the CEOs of the companies are making more compensationthan they've ever made before."

The NDP plan would raise the corporate income tax on a sliding scale, dependingon the ratio between the pay of acompany's CEO andthe medianpayof the company'sworkers.

House of Commonsguide on practice and procedure mentions that a member's bill cannot impose, increase or extend the application of a tax. Mr. Singh did not disclose how he would get around the rule, addinghe hasn't drafted the bill yet.

Mr. Singh has attacked grocery companies and executives repeatedly, saying that greed is responsible for a rise in food prices. Grocery chain representatives, including top executives, have told a House of Commons committee that higher supplier costs and other factors are responsible for the rising price of food, and that other products,such as pharmaceuticals and hygiene products, have a higher profit margin.

LoblawpresidentGalen Weston Jr. has been the most frequent target of Singh's criticism, the twotraded barbs at a House of Commons committee meetinglast month. Loblawannounced Tuesday that Weston willstep down as president?a move that comes just weeks after news broke thathe'd received a $3 million raisein 2022.

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