Asked in an interview with CTV’s Question Period if he thought the rich targeting moves were enough, Singh said no.
“It would not be what I would do as prime minister, but it is what we could have achieved with the Liberal government in power,” Singh said.  “We used our power to make sure that some of the richest paid their share.  But this is a revenue stream.  “We were arguing about a lot more than that.”
As part of the Liberal-NDP agreement, the two sides agreed to go a long way in making the tax system fairer, including “short-term progress on tax changes in financial institutions that have made strong gains during the pandemic.” .
In a bid to boost Canada’s deficit revenue, the Federal Liberals are launching a series of measures to crack down on tax evasion that will make big banks and insurance companies “help pay for the recovery.” .
The Liberals are taking a dual and more aggressive approach than campaigning when it comes to forcing big charter banks and insurance companies to share their pandemic wealth by raising corporate income taxes.
Wealthy financial institutions are being pressured in two ways:


	A one-time tax of 15 percent will be levied on taxable income of more than $ 1 billion earned by banking and life insurance groups in tax year 2021. Called the Canada Recovery Dividend, the increase will be paid in equal installments over the next five years.  and  		In the future, the government will permanently increase corporate income tax by 1.5 percent to the taxable income of banks and insurance companies that is over $ 100 million, seeing the total federal corporate income tax rate increase to 15 percent. 16.5 percent. 


Together, these policies will bring in a net $ 6.1 billion over the next five years, and then the steady increase is estimated to continue to bring in hundreds of millions over the next few years.
CTV News was the first to report that the budget would target these companies, as banks had pushed behind the scenes to change the course of government. 
Economists and representatives of these major financial institutions have warned that while the pursuit of banks may be politically popular, the costs could be passed on to bank customers in the form of higher commissions unless the government moves to ban it.
“The bank tax is not just a jerk that sends the wrong message to the global investment community; it’s ultimately a tax on you, our shareholders – about 70 percent of whom are Canadians.  It is a tax for those who directly own our shares or participate through retirement plans or mutual funds, index funds or ETFs [exchange-traded funds]Said Scotiabank CEO Brian Porter in a speech to shareholders at the bank’s annual general meeting on Tuesday, according to his prepared statements.
In addition to chasing banks, the budget also warns high-income earners.
Following tax increases in Canada’s richest 1 percent, the Liberals in the budget warn that some high-income Canadians do not pay enough in personal income tax.
“28 percent of filing with gross income over $ 400,000 pays an average federal PIT [Personal Income Tax] “15 percent or less, which is less than what some middle-class Canadians pay,” the budget states.
As a result, the government says it will consider “a new minimum tax regime, which will go further to ensure that all wealthy Canadians pay their fair share of the tax.”
Singh agrees with this move.
“We believe that the super rich do not pay their share … So we would do a lot more,” he said.
The NDP said it wanted to see lucrative oil companies and big stores also subject to corporate tax increases.  It is something Singh said he will continue to push for, paving the way for further measures targeting wealthier Canadians that will be added to the two parties’ trust and offer agreement in the coming years.