44th Parl. 1st Sess.
May 3, 2022 10:00AM
- May/3/22 12:31:10 p.m.
- Watch
- Re: Bill C-8
Madam Speaker, I will be sharing my time with the member for Kings—Hants.
It is a pleasure to rise to speak to Bill C-8 today. The government knows that elevated inflation and rising gas prices are leading Canadians to worry about the cost of living as the pandemic continues to affect our everyday lives. Let me remind hon. members in the House that this is a global phenomenon driven by the unprecedented challenge of reopening the world's economy.
For two years, Canadians have been grappling with COVID-19. Two years ago, this pandemic triggered the steepest economic contraction in Canada since the Great Depression. At its worst, it cost three million Canadians their jobs as our GDP shrank by 17%. Today, even in spite of ongoing challenges presented by the pandemic, we are on a strong footing. Canadians have put saving lives first. That has meant one of the lowest mortality rates in the G7.
As of March 13, 85% of Canadians five and older were fully vaccinated, and the Canadian economy has seen the benefits of prioritizing our health. The Canadian labour market rebounded strongly from omicron in February. We have already more than recovered the jobs lost: It was a healing that took eight months longer after the much milder 2008 recession. In fact, we have recovered 115% of the jobs lost during the pandemic compared with just 93% in the United States, and we have recovered faster than in any other recession.
The unemployment rate fell to 5.7%: the lowest since we started collecting data in this way. Canada continued to see a strong economic recovery in the fourth quarter, with economic activity increasing 6.7%. Encouragingly, growth was broad-based, supported by solid underlying fundamentals and an ongoing rebound in sectors hit hardest by the pandemic. However, this growth could not have happened or been achieved without government support. Our government delivered significant fiscal policy in order to support Canadians during the pandemic, and this has contributed to a rapid and resilient recovery so far.
Last December, we introduced Bill C-8, which seeks to address housing affordability through the implementation of a national annual 1% tax on the value of non-resident, non-Canadian-owned residential real estate in Canada that is considered to be vacant or underused. It is something our government announced as part of budget 2021 to crack down on underused housing. The bill would introduce a new act, the underused housing tax act, to ensure that non-resident, non-Canadian owners, particularly those who use Canada as a place to passively store their wealth in housing, pay their fair share of Canadian tax beginning in the 2022 calendar year.
We are also working to address the issue of supply chain disruptions from around the world, and shipping bottlenecks that have made it harder for Canadians and businesses to get products and supplies they need and that, in many cases, are contributing to rising prices.
Let us review the facts. Bill C-8 was tabled in the wake of the omicron variant. The bill contains critical support for Canadians, including a tax credit for businesses that improve their ventilation in the wake of COVID, an expansion of the school supplies tax credit for teachers who bought additional supplies as a result of virtual school, a return of the price on pollution for farmers in backstop jurisdictions, $1.72 billion for rapid tests and $300 million to support proof of vaccination systems developed by provinces and territories.
Bill C-8 also proposes to establish a statutory authority for the Minister of Health to make payments in a total amount of up to $300 million to provinces and territories for costs associated with implementing COVID-19 proof of vaccination credential programs in their jurisdictions. Another important tool in our tool box to navigate through this pandemic is the use of rapid tests. With studies suggesting that people without symptoms may cause up to 50% of COVID-19 transmission, it is obvious that rapid tests can significantly help reduce the risk of outbreaks.
The Conservatives have seen fit to filibuster this bill for months on end, using procedural tricks to stop this support from getting to Canadians who, quite rightly, expect and deserve better.
With their report stage amendments, the Conservatives tried to delete from the bill an expansion for the school supplies tax credit for teachers who bought additional supplies as a result of virtual school, a return of the price of pollution for farmers in backstop jurisdictions, a tax credit for businesses to improve their ventilation in the wake of COVID, the expanded northern residents economic deduction, $100 million for provinces and territories to support ventilation projects in schools and $300 million to fund provinces and territories in order to support existing proof of vaccination initiatives.
Over the past two years, our government has put in place comprehensive, broad-based support programs that have since evolved to more targeted measures. We did this because it was the right thing to do at the time. As we look to the years ahead, our government is determined to continue to do what is necessary to support and sustain the recovery, to provide help where it is needed, to create jobs and set the stage for strong growth in the years to come.
892 words
All Topics
- Hear!
- Rabble!
- add
- star_border
- share
- May/3/22 12:38:00 p.m.
- Watch
- Re: Bill C-8
Madam Speaker, this was introduced in the fall. It is the fall economic statement and today, May 3, we are still debating this in order to get help back to Canadians who need it. Yes, definitely: there has been a delay.
We have been trying to get this legislation debated for months and we are still here today because of the Conservatives.
62 words
- Hear!
- Rabble!
- add
- star_border
- share
- May/3/22 12:39:04 p.m.
- Watch
- Re: Bill C-8
Madam Speaker, we are here today to debate Bill C‑8, which contains very important measures to give my constituents the help they need during the pandemic. I am thinking of the teachers in my riding who will receive a tax credit for changes to their work over the past two years. They have had to buy things for their homes so they could teach their students well.
Talking about this very important bill is the reason I rose in the House today.
84 words
- Hear!
- Rabble!
- add
- star_border
- share
- May/3/22 12:40:32 p.m.
- Watch
- Re: Bill C-8
Madam Speaker, I agree that housing needs to become more affordable. This is only a start as to how we can get it to that point. I know that our government has spoken about commitments to further help housing become affordable in Canada, so I look forward to working with the member on this point.
55 words
All Topics
- Hear!
- Rabble!
- add
- star_border
- share
- May/3/22 12:41:29 p.m.
- Watch
- Re: Bill C-8
Madam Speaker, I obviously completely agree that Canadians living with disabilities need extra supports. I would personally support any initiative that would help Canadians with disabilities get the support they need.
31 words
All Topics
- Hear!
- Rabble!
- add
- star_border
- share
- menumenu
- notificationsnotifications
- home
- mailmail
- searchsearch
