MEDIA RELEASE: NDP calls on Trudeau to take on Billionaires and tax the rich

While Canadian families are struggling to put food on the table, the Liberals are letting billionaires off the hook from paying what they owe and the NDP says this needs to stop now

OTTAWA — NDP Critic for Tax Fairness and Equality Niki Ashton (Churchill—Keewatinook Aski) is calling on Trudeau’s Liberals to take on the inequality crisis by increasing the corporate tax rate, implementing a windfall tax on excess corporate profits and closing gaping tax loopholes.

Ashton said with the rising cost of food, gas and other necessities, a windfall tax on excess corporate profits is long overdue — and that money could be used to make life more affordable for Canadians.

“Generations of Liberals and Conservatives built a rigged system to give more power to the bosses and less to workers,” said Ashton. “Justin Trudeau claims to be cracking down on tax evasion by billionaires, but he is protecting their profits, and even looking the other way as the billionaires and multi-billion-dollar corporations use tax heavens to avoid paying their fair share. This is wrong. It's time to do things differently.

"New Democrats call on the Liberals to stop giving a free pass to billionaires, and instead start standing up for working people.”

In addition to closing the offshore tax heaven loophole, the NDP proposes to raise the corporate income tax rate to 18 per cent and eliminate targeted subsidies for profiteering oil and gas companies.

A recent report by the Parliamentary Budget Officer found that the NDP’s proposal for a windfall tax on big oil and gas and big box stores, which includes big grocery chains, would generate $4.3 billion over five years. This is money the Liberals could use to take the GST off home heating, relieving some of the pressure on families dealing with the increased cost of everything, and higher interest rates.

“The Liberals are picking their billionaire friends over working people and people on fixed incomes," said Ashton. "It doesn't have to be this way. We can make changes now to force the very wealthy to pay their fair share, to take on the inequality crisis and stand up for working people and those on fixed incomes across our country.”

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For six years, Rajesh Sharma has watched his parents grow older from half a world away.

The Vancouver area small businessman came to Canada from India, built a career, bought a home and met the income requirements to sponsor his mother and father.

His father’s health is failing. His mother now struggles to manage their home alone. Sharma spends his evenings arranging medical appointments from Canada and wondering how many more birthdays and family milestones they will miss.

Ottawa’s recent decision to suspend new applications for the Parent and Grandparent Program (PGP) until further notice has turned that uncertainty into something more final.

For Sharma and thousands of other immigrants, there is now no application date, no place in the queue and no assurance their aging parents will ever be able to join them permanently in Canada.

NDP immigration critic Jenny Kwan said the decision leaves Canadians and permanent residents with no date to apply, no guarantee the program will reopen and little hope of reuniting with aging parents caught outside the country.

“The government has shamefully once again suspended new intakes to the Parent and Grandparent sponsorship program,” she said.

“At this rate, it will take decades to clear the backlog. Families cannot afford to wait decades to be reunited with their parents and grandparents.”

Immigration, Refugees and Citizenship Canada announced July 15 that it will stop accepting new interest-to-sponsor forms and will not invite more potential sponsors to submit applications until further notice.

The department said it will continue processing applications already in the system and plans to approve up to 15,000 parents and grandparents for permanent residence in 2026.

The department currently has about 60,500 permanent residence applications under the Parents and Grandparents Program in progress.

Processing times are approximately 33 months outside Quebec and can reach 66 months in Quebec. About 54,000 expressions of interest from the original 2020 pool were still outstanding as of September 2025.

Kwan said the government is managing the backlog by restricting access rather than fixing a system that has kept families waiting for years.

“It has remained closed since 2020, shattering dreams of family reunification for thousands of Canadians and permanent residents,” she said.

“Families who have been eagerly waiting for the application system to reopen are once again being told by the Liberals that they are out of luck. It is a slap in the face of families who have waited so long to reunite with their loved ones.”

The suspension comes as Ottawa sharply reduces the number of parents and grandparents it plans to admit.

Under the 2026-2028 Immigration Levels Plan, the federal government has set a target of 15,000 admissions through the program in each of the next three years.

The previous plan had called for 21,500 admissions in 2026, meaning the new target represents a reduction of about 30 per cent.

*Click image or link to read the full news article - https://asianpacificpost.com/article/10670-%E2%80%9Chow-many-more-years-must-i-wait%E2%80%9D.html

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