44th Parl. 1st Sess.
December 10, 2021 10:00AM
- Dec/10/21 11:19:25 a.m.
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Madam Speaker, I thank my hon. colleague for his question and congratulate him on his re-election.
Inflation is an issue of real concern to Canadians, but we know that it is a global phenomenon, not a problem unique to Canada.
I want to reassure Canadians. We are working hard to make life more affordable. Our child care plan will reduce family expenses considerably. We are also determined to make housing more affordable.
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- Dec/10/21 11:20:37 a.m.
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Madam Speaker, I would like to talk about some of the specific ways our government is helping Canadians face the very real challenges related to affordability. A single mother of two will get $13,600 from the Canada child benefit. An average Saskatchewan family will get a carbon pricing rebate of almost $1,000. A student will save $3,000 because of changes to the loan program. That is how we are helping families with affordability.
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- Dec/10/21 11:21:44 a.m.
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Madam Speaker, since coming to power, our government has worked to make life more affordable for Canadians. My first vote in the House was on cutting taxes for the middle class. We established the Canada child benefit to support families. We increased support for seniors, reduced small business taxes, increased the Canada workers benefit, and increased the Canada student grant, all to make life more affordable.
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- Dec/10/21 11:24:28 a.m.
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Madam Speaker, let me share some of the ways the government is helping Canadians with the very real challenge of affordability. A single mom with two kids will receive $13,600 from the Canada child benefit; the average family in Saskatchewan will get almost $1,000 in the carbon price rebate; a student will save more than $3,000, thanks to the changes we made to the loan programs; and in Alberta, a family of two using child care starting January 1 will save, at a minimum, $12,000. That is how we are making life more affordable for all Canadians.
Some hon. members: Oh, oh!
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- Dec/10/21 11:25:46 a.m.
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Madam Speaker, we absolutely understand that inflation and affordability are pressing concerns for Canadians. We also know that this is a global phenomenon and not a made-in-Canada issue.
I also want to assure Canadians that we are working hard to make life more affordable. Our child care plan will reduce costs dramatically. We are committed to addressing housing affordability. We were there for Canadians when the COVID recession hit and we will be there for Canadians as we face this challenge together.
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- Dec/10/21 11:28:44 a.m.
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Madam Speaker, I thank my hon. colleague for his question.
Our government is committed to asking those who prospered during the pandemic to help pay more for those who did not. Our platform committed to raise corporate income taxes on the largest, most profitable banks and insurance companies, and introduced a temporary Canada recovery dividend, given that they have recovered faster. We are working to implement a global minimum tax, and 136 OECD/G20 framework members have already signed up.
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- Dec/10/21 11:30:57 a.m.
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Madam Speaker, I congratulate my hon. colleague on her election.
We understand the economic recovery is not equal across the board, but here are the results of our plan: 154,000 new jobs created in November, 5.4% annualized GDP growth in Q3, 106% of jobs recovered, AAA credit rating, and the lowest debt-to-GDP ratio in the G7. The Conservatives do not like that the economy is growing, but we do and so do Canadians.
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- Dec/10/21 11:32:04 a.m.
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Madam Speaker, it is an honour to debate this question with my former student from Campus Saint-Jean. There are now two Campus Saint-Jean graduates sitting in the House of Commons.
The results of our plan speak for themselves. There were 154,000 jobs created in November, the GDP increased by 5.4%, and 106% of jobs have been recovered. Our economy is doing well. The Conservatives do not like that, but our government does and so do Canadians.
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- Dec/10/21 12:02:25 p.m.
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Madam Speaker, let us be clear. The CPP enhancement represents a major step in improving retirement outcomes for workers and reducing the uncertainty that many Canadians feel about being able to save for retirement. It addresses important challenges faced by young Canadians who are saving for retirement, such as declining workplace pension plans and prolonged periods of low interest rates. It strengthens one of the most successful social programs we have as Canadians.
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