44th Parl. 1st Sess.
April 4, 2022 11:00AM
- Apr/4/22 2:19:53 p.m.
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Mr. Speaker, the Conservatives continue to ignore the facts. Our GDP grew for the eighth consecutive month. We have recovered 112% of the jobs lost to the pandemic. In 2021, we saw Canada's largest annual trade surplus, at $6.6 billion. Households, on average, have more savings than debt, and S&P and Moody's have reaffirmed our AAA credit rating. Those are the facts.
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- Apr/4/22 2:20:54 p.m.
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Mr. Speaker, after campaigning on a deficit of $168 billion, the Conservative opposition continues to flip-flop. On Mondays it wants do more for seniors. On Tuesdays it wants to cut the CPP. On Wednesdays it wants to do more for small business. On Thursdays it wants to block Bill C-8.
If the Conservatives want to help small business, farmers, teachers and Canadians, they can do the right thing and support Bill C-8.
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- Apr/4/22 2:22:02 p.m.
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Mr. Speaker, our record is clear when it comes to supporting the most vulnerable Canadians with the cost of living. Today we announced the implementation of a program that will provide high-speed Internet at $20 a month for low-income seniors and families. We introduced the Canada child benefit, which is indexed to inflation and lifted almost 300,000 children out of poverty. Our increases to the GIS have helped over 900,000 seniors. From 2015, when we formed government, to 2019, we raised 1.38 million Canadians out of poverty. That is real progress for the most vulnerable.
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- Apr/4/22 2:23:13 p.m.
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Mr. Speaker, our agenda and our plan are clear.
Here are the facts. Our GDP has increased for the eighth consecutive month. We have recovered 112% of the jobs lost during the pandemic, specifically 3.4 million jobs. In 2022, Canada posted its largest annual trade surplus since 2008, totalling $6.6 billion.
The reality is that the economy is growing, and the Conservatives do not like that. Those are the facts.
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- Apr/4/22 2:24:30 p.m.
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Mr. Speaker, I thank my colleague across the way for reminding Canadians how fiscally responsible the Liberal Party and our government are and how the Liberals under previous governments and under this government have focused on the most vulnerable people in Canada.
We brought in the Canada child benefit, which has helped lift 300,000 children out of poverty. We have supported more than 900,000 seniors. Today, we brought in a program to provide access to $20 tests for vulnerable individuals.
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- Apr/4/22 2:31:25 p.m.
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Mr. Speaker, the opposition is raising the issue of affordability, so let us go to the facts.
Our government lowered taxes on the middle class and raised them on the wealthiest 1%. Conservatives voted against that. We created the Canada child benefit and indexed it to inflation. The Conservatives voted against that too. We provided seniors 75 years of age and over a $500 payment last summer. The Conservatives voted against that. They voted against Bill C-2, and they are on track to vote against Bill C-8. Why do they not just double down on affordability and vote with us on Bill C-8?
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- Apr/4/22 2:33:51 p.m.
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Mr. Speaker, I will remind Canadians and opposition members that they campaigned on deficit spending of $168 billion.
Our fiscally prudent plan, which will be revealed in the budget later this week, will continue to not only make investments in Canadians but also set us on a very prudent course for the future.
Our GDP is now above prepandemic levels. We have recovered 3.4 million jobs. We came into this crisis with the lowest debt-to-GDP ratio in the G7, and after investing half a trillion dollars in Canadians, it is still the lowest debt-to-GDP ratio in the G7.
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- Apr/4/22 2:36:13 p.m.
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Mr. Speaker, I think it is important that Canadians look at the facts because the Conservatives certainly are not.
Under our plan and our program, a single mother with two children will receive $13,600 from the Canada child benefit, an average family in Saskatchewan will receive nearly $1,000 in carbon tax rebates, and a student will save more than $3,000 thanks to the changes we have made to the program.
This is a plan that allows us to tackle affordability, and that is what we will continue to do on this side of the House.
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- Apr/4/22 2:47:52 p.m.
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Mr. Speaker, our government is committed to asking those who prospered during the pandemic to help a little more for those who did not. Our platform committed to raise corporate income taxes on the largest, most profitable banks and insurance companies and to introduce a temporary Canada recovery dividend because these companies have recovered faster. We are also working to implement a global minimum tax, and 136 OECD G20 framework members have already signed up.
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- Apr/4/22 2:58:18 p.m.
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Mr. Speaker, climate change is the greatest long-term threat to our country. It is an existential threat, yet we know that a market mechanism, and an important mechanism, is carbon capture, use and storage. Important investments were made in budget 2021.
We have put on the floor of the House the emissions reductions plan. It is an ambitious plan. It is an important plan, and we will continue to work with industry and all stakeholders to make sure that we get to where we need to be to save the planet and have good, long-paying jobs across the country.
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- Apr/4/22 3:05:47 p.m.
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Mr. Speaker, I thank the hon. member for his question and value the great contribution that the wine industry makes to Canada and to the tourism sector. I can also say that for the craft beer industry, like other taxes and benefits, the alcohol excise duty rate is automatically adjusted each year to inflation, and this is the right approach. It provides certainty and predictability. It is to ensure the fairness of our tax system for all Canadians.
The increase is less than one-fifth of a penny per can of beer and there are specific measures taken into consideration when it comes to the wine industry. We are going to continue to support the industry. We are going to continue to support jobs across the country.
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