Jagmeet Singh’s Policies on Economic Issues

the Economy › Taxes

Should Canada raise taxes on the rich?

Jagmeet Singh voterbaseYes

the Economy › Minimum Wage

Should the government raise the federal minimum wage?

Jagmeet Singh voterbaseYes, and make it a living wage

the Economy › Universal Basic Income

Do you support a universal basic income program?

Jagmeet Singh voterbaseYes, everyone should receive an income to cover basic necessities including food and housing

the Economy › Corporate Tax

Should Canada raise or lower the tax rate for corporations?

Jagmeet Singh voterbaseRaise

the Economy › Universal Child Care

Should the federal government subsidize universal child care?

Jagmeet Singh voterbaseYes

the Economy › Four-day Workweek

Should Canada transition to a four-day workweek?

Party’s support baseYes

the Economy › Welfare Drug Testing

Should welfare recipients be tested for drugs?

Jagmeet Singh voterbaseNo, only if they have a criminal history related to drug abuse

the Economy › Labor Unions

Do you believe labor unions help or hurt the economy?

Jagmeet Singh voterbaseHelp

the Economy › Economic Stimulus

Should the government use economic stimulus to aid the country during times of recession?

Jagmeet Singh voterbaseYes, and collectivize all industry

the Economy › Free Trade

Should Canada pursue free trade deals with other countries?

Jagmeet Singh voterbaseYes, but only with nations that adhere to strict human rights policies

the Economy › Welfare

Should there be fewer or more restrictions on current welfare benefits?

Jagmeet Singh voterbaseFewer

the Economy › Pension Tax

Should the pensions of retired workers be taxed?

Jagmeet Singh voterbaseNo, falling interest rates are already draining elderly pension payouts

the Economy › Government Spending

Should the government make cuts to public spending in order to reduce the national debt?

Jagmeet Singh voterbaseNo, increase taxes on the wealthy instead

the Economy › Old Age Pensions

Should old age pensions be increased?

Jagmeet Singh voterbaseYes, but only for low income pensioners

the Economy › Small Business Funding

Should the government increase funding for small businesses?

Party’s support baseYes

the Economy › Domestic Jobs

Should the government provide tax incentives to private companies to keep jobs within the country?

Jagmeet Singh voterbaseNo, but drastically increase taxes and import tariffs on outsourcing businesses

the Economy › Offshore Banking

Should Canadian citizens be allowed to save or invest their money in offshore bank accounts?

Jagmeet Singh voterbaseNo, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

the Economy › NAFTA

Should Canada continue to participate in the North American Free Trade Agreement (NAFTA)?

Jagmeet Singh voterbaseYes, NAFTA helps lower the prices of consumer products

the Economy › Tech Monopolies

Should the government break up Amazon, Facebook and Google?

Party’s support baseYes

the Economy › Bonus Cap

Should bankers’ bonuses be capped at 100% of their pay?

Jagmeet Singh voterbaseYes, and nationalise the banks

the Economy › Employment Insurance

Should employment insurance be given to those who work seasonal jobs including tourism, fishery and farming?

Jagmeet Singh voterbaseYes, but with limits set for workers with above average seasonal salaries

the Economy › Government Pensions

Should pension payments be increased for retired government workers?

Jagmeet Singh voterbaseYes, but only for low-income pensioners

the Economy › Income Splitting

Do you support income splitting for families?

Jagmeet Singh voterbaseYes, income splitting provides tax fairness

the Economy › Bitcoin

Should the government classify Bitcoin as a legal currency?

Jagmeet Singh voterbaseNo, classify it as a commodity

the Economy › State Ownership

Should the government acquire equity stakes in companies it bails out during a recession?

Jagmeet Singh voterbaseYes, the government should receive equity for any financial aid they provide to companies

the Economy › Pension Premiums

Should the employee contribution rate for the Canadian Pension Plan (CPP) be raised above its current 4.49% rate?

Jagmeet Singh voterbaseYes, higher premiums could be used to reinvest in the economy and reduce the government's liability to fund payments to seniors

the Economy › Trans-Pacific Partnership

Do you support the Trans-Pacific Partnership (TPP)?

Jagmeet Singh voterbaseYes, it will bring economic growth to all countries involved

the Economy › Tariffs

Should the government add or increase tariffs on products imported into the country?

Jagmeet Singh voterbaseNo, a global free trade system is better for our businesses and consumers

the Economy › Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

Party’s support baseNo

the Economy › Public Sector Borrowing

Should the government reduce public sector borrowing?

Party’s support baseNo

Jagmeet Singh