The federal NDP has released its platform commitments for what is expected to be an upcoming election, but the Canadian Taxpayers Federation has some concerns.  Federal Director of the CTF, Franco Terrazzano, says there are tax hikes but no plan to balance the budget.
The hikes include an excess profits tax.

The New Democrats explain in its report that it would be a temporary excess profit tax that puts an additional 15 per cent tax on large corporate windfall profits during the pandemic.  The tax hikes also include a 20 per cent foreign home-buyers tax and imposing taxe on so-called internet giants.

However, Terrazzano says, politicians can help more Canadians by lowering taxes for everyone and cancelling corporate welfare.
He adds the NDP commitment does not have a plan to balance the budget or pay down the $1-trillion federal debt.