That’s why, for years, New Democrats have been pushing and advocating for the establishment of a public beneficial ownership registry to make it harder for wealthy tax dodgers, corrupt businesspeople and sanctioned Russian oligarchs to hide their assets in Canada. This registry will ensure transparency so the government can ensure everyone pays what they owe in taxes and put a stop to money laundering that is increasing real estate speculation which makes it harder for families in Canada to find a home they can afford.
The NDP used the Confidence and Supply Agreement to force the Liberals to stop dragging their feet on combating tax evasion and money laundering and implement a registry this year.
New Democrats would welcome the swift passage of this bill so the government can begin negotiating with the provinces and territories to get the public beneficial ownership registry implemented as soon as possible.”

But two New Democrats from the NDP’s seven-member caucus — which could play a critical role in helping or blocking the budget’s passage — suggested Wednesday they would be hard-pressed to support the document, even as interim leader Don Davies told the Star his party needs more time to make a decision. Others in his caucus played coy about their plans to decide the future of the Carney government.
Speaking to the Star before the NDP caucus meeting Wednesday, Winnipeg’s Leah Gazan and Vancouver’s Jenny Kwan said they have ruled out abstaining, but did not commit to voting against the budget.
“We’re elected here to make a point, to take a position,” Kwan said. “I’ve always done that in all my entire political life and I will represent my constituents.”
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