44th Parl. 1st Sess.
November 4, 2022 10:00AM
- Nov/4/22 11:25:34 a.m.
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Madam Speaker, I thank my hon. colleague for his question. It is a pleasure to rise and speak about our economic update.
Today is actually the day that 11 million Canadian households will see the the goods and services tax credit deposited in their bank accounts. I find it astounding that the Conservative members are talking about tax hikes. I am talking about tax credits, the doubling of a tax credit for 11 million Canadians. That is real money in the pockets of those who need it.
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- Nov/4/22 11:26:54 a.m.
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Madam Speaker, we know that eight out of 10 families are receiving more money through the credit than what they pay as part of the price on pollution. I think the Conservatives did not read our economic update yesterday.
In fact, we are helping more than 500,000 workers in Quebec with our new Canada workers benefit. That is $1,200 for every single, hard-working Canadian. Why do the Conservatives not want to help Canadian workers?
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- Nov/4/22 11:30:37 a.m.
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Madam Speaker, we are there for vulnerable Canadians. Yesterday's economic statement detailed several measures, including double the GST credit, which 11 million Canadian households will receive today.
The NDP member talks about spending more to help Canadians. We know we cannot add fuel to the fire of inflation, but we have targeted measures to help the most vulnerable Canadians.
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- Nov/4/22 11:35:15 a.m.
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Madam Speaker, I will not get into the various ways that the member has her information wrong. I would rather talk about the fall economic statement from yesterday, which will help Canadian workers, help students with the elimination of the interest on their loans, and help families who are having difficulty buying groceries as they are seeing the cost of things rise due to the global inflation that Canada is not sheltered from. We have a real plan to support Canadians.
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- Nov/4/22 11:37:27 a.m.
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Madam Speaker, I can talk about the deficit all day long if that is what the Conservatives want.
Our deficit is the lowest in the G7. According to yesterday's economic update, the deficit is at about 1.3%. We also have the lowest debt in the G7 and the strongest economic growth.
I think the Conservatives should look at the numbers.
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- Nov/4/22 11:38:34 a.m.
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Madam Speaker, our economic update contains measures that will put money directly into the pockets of Canadians.
In contrast, what the Conservatives are proposing is to rob our seniors of their pensions and to attack our EI system at a time when we are facing global economic instability. That is irresponsible.
We are there for Canadians.
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- Nov/4/22 11:44:08 a.m.
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Madam Speaker, as I have said before, Canadian households receive more money back in the credit than they pay on the price on pollution.
If the Conservatives were so concerned about helping Canadians through the winter, they would have waited more than 30 seconds before saying they were planning on voting against the fall economic statement and the measures contained therein.
We will be helping Canadian workers with money that will arrive in their pockets in the next few months. We are going to be helping Canadian families through the Canada child benefit.
We are there for Canadians, and the Conservatives continue to vote—
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- Nov/4/22 11:45:28 a.m.
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Madam Speaker, last week the Conservatives voted against our proposal to subsidize dental care for Canadian children. Last week the Conservatives voted against a one-time payment to Canadians who are having trouble paying the rent. Today they are attacking the measures that will support vulnerable Canadians once again.
How is it that the Conservatives think they can fool Canadians into believing they care about them or their families?
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- Nov/4/22 11:51:31 a.m.
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Madam Speaker, I am very upset about what has just happened in this House. It could only take a Conservative to ask two questions on mental health and then somehow make them about taxes or the price on pollution.
Mental health is a serious—
Some hon. members: Oh, oh!
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- Nov/4/22 11:52:06 a.m.
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Madam Speaker, while the Conservatives heckle at how disgusting it is for me to be standing here, I think it is disgusting to convert a question on the mental health of our young people into some kind of “triple, triple, triple” gimmick.
This is a serious issue. We care about the mental health of Canadians. We will be there for them and we will not make it a partisan issue.
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- Nov/4/22 11:53:12 a.m.
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Madam Speaker, I am pleased to continue answering questions about yesterday's economic update, but I would also like to share with the House some other figures from Statistics Canada. Canadians created over 100,000 jobs in October. Canadians' wages also increased by 5.6%, and this is the fifth consecutive month that wages have increased.
We are making sure that Canadians have good, well-paying jobs.
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- Nov/4/22 11:54:23 a.m.
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Madam Speaker, I agree with my Conservative colleague on one thing: Canadian households are struggling to make ends meet. That is why I do not understand why the Conservatives continue to vote against measures that will help these Canadians.
Just last week, on several occasions, the Conservatives denied direct payments to Canadians. Yesterday, once again, we proposed additional measures. Today, 11 million Canadian households will receive the doubled GST credit and that is important.
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- Nov/4/22 12:01:54 p.m.
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Madam Speaker, I would like to take a moment to thank the member for Pontiac for her work on the Standing Committee on Finance and her work as the chair of the rural caucus for our government.
We will soon be launching a new Canada growth fund, which will help attract private capital to invest in both rural and urban areas. We will also introduce a new 30% tax credit for clean technologies, including clean hydrogen, because we know that the citizens of Pontiac and all of Quebec want a just green transition.
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