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Decentralized Democracy

House Hansard - 127

44th Parl. 1st Sess.
November 15, 2022 10:00AM
  • Nov/15/22 10:12:14 a.m.
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  • Re: Bill C-32 
Madam Speaker, the fall economic statement includes a bunch of measures the NDP pushed really hard for that are going to help make life easier for Canadians during these challenging times. However, one pretty large omission is any sort of help with the cost of home heating, which is going to skyrocket this winter. We have been pushing for the federal government to remove the GST from home heating, which of course would help not only the people who heat with fossil fuels but also the 40% of Canadians who heat with electricity. Could my colleague from the Liberals speak to why so far his government has not chosen to remove the GST from home heating?
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  • Nov/15/22 11:12:24 a.m.
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  • Re: Bill C-32 
Madam Speaker, it is indeed a great honour to rise today to speak to the government's bill, Bill C-32, which is an act to implement some of the measures announced in the fall economic statement just a few weeks ago before we were all home for the week of Remembrance Day in our respective ridings. Many of my colleague from all parties have spoken about this, but this comes at a time of great struggle for constituents in Cowichan—Malahat—Langford. Overwhelmingly, the correspondence I get in my office regards the high cost of living and the fact that their wages are not keeping up. We know that the increase in food prices is forcing families to make very difficult decisions at the grocery store. For that reason I am very glad to have won the unanimous support of the agriculture committee to commence a study into that and to have also had a unanimous vote here in the House of Commons acknowledging that this is a very real problem and supporting our committee's work in the weeks ahead. I, for one, am looking forward to hearing representatives of large grocery stores speak to what their companies are prepared to do to address this issue. There is, of course, the high cost of fuel. The war in Ukraine has sent shockwaves through the energy world. We know this because Russia is a major exporter of oil and gas. Through their geopolitical manoeuvring and attempts to punish countries that are supporting the Ukrainian people in their fight for freedom and in their fight to halt Russian aggression, we have a situation where fuel prices for all sorts of fuels have spiked dramatically. We have a very real problem of private companies involved in those industries engaging in what I would, frankly, call war profiteering. They are taking advantage of geopolitical tensions to rake in billions of dollars of profit, at a rate that we have never seen in this country before. As for our health care system, and I think that this is the big sleeper issue in Canada that is only just now starting to get the attention it deserves, it has gotten so bad in my riding that, while it falls largely under provincial jurisdiction, constituents are now coming to me as a federal member of Parliament and pleading with me to do something. We need to have a nationally focused amount of attention on this crisis. We need to have a Canada where people can be assured that they can have access to primary care when and where they need it. We need to find innovative solutions to help this crisis and address it. I am disappointed that the recent meeting between provincial ministers and the federal minister has yet to result in anything concrete to address the crisis. Of course, while Canadians are struggling, they see a situation in which it was reported that we collected $31 billion less in corporate taxes than we should have last year. At a time when Canadians are struggling with costs to make their own family budgets work and are seeing more and more of the burden falling on their shoulders, they see Canada's largest and most profitable corporations getting away with it, through innovative tax schemes and hiding their wealth offshore to escape the burden of paying their fair share in this country. That is an issue that we absolutely must pay attention to. In response to these big issues, my friends in the Conservative Party have focused a lot of their attention on the carbon tax. Yesterday, at the agriculture committee, I agreed with my Conservative colleagues in taking a small step to address some of the challenges that our agricultural producers are facing. We will be reporting Bill C-234 back to the House. However, on the larger issue, I think that what is ignored by my Conservative friends is the fact that the federal carbon tax does not apply in all provinces. What they are advocating for will have no effect on residents in my province of B.C. because we, as a province, have chosen not to have an Ottawa-knows-best approach on pricing pollution. We, as a province, have preferred to retain autonomy, so our policy is determined in the B.C. legislature in Victoria under the good and sound guidance of the B.C. NDP government. It allows our province to basically take that revenue and distribute it in ways that it sees fit because we, as a province, do not think that Ottawa should have control over that policy, so we, as a province, have decided to retain autonomy. The Conservatives' fixation on the carbon tax does not take into account the fact that the inflationary pressures we see in the world are the result of things that are largely beyond the control of Canada as a country. In the United Kingdom, the Labour opposition is blaming a Conservative government for the same thing Conservatives in Canada are blaming a Liberal government for. This is a problem we see in many of the G7 countries. It is not limited to one side of the political spectrum or the other. Again, if one is going to talk about inflationary pressures and completely ignore the massive profits oil and gas companies are making, one is doing a disservice to one's constituents. One is not addressing the elephant in the room here, which is that corporations are using inflation to hide and to pad the massive profits they are making. We need to have a serious conversation about that. If we truly want to help Canadians with the unexpected costs that come with heating their homes and fuelling their vehicles, we need to develop policies to get them off fossil fuels. It has always been a volatile energy source. If we go back to the 1970s when OPEC, as a cartel, decided to cut production, we see what that did to North America. It has always been volatile, and as long as we remain dependent on it as an energy source, no matter what the tax policy is, we are going to suffer from that volatility. If we want to truly help Canadians, we need to encourage things such as home retrofits, and encourage programs that get them on different sources of energy. In the meantime, if we want a policy that is effectively going to help Canadians no matter what province they live in, why do we not go with the NDP policy of removing the GST on home heating fuels? That, in fact, would benefit residents in British Columbia, unlike singly focusing on a federal carbon tax. When I look at Bill C-32, there are certainly a few good things. I appreciate that the Liberals are starting to see things such as a Canada recovery dividend are necessary. They are limiting it to the large financial institutions. We would like to see such a model be not only not temporary but also extended to oil and gas companies and to the big box stores. This is about putting fairness into the system because right now the free market, the so-called free market, is largely failing Canadians. The free market is trying its best, but the wages are not keeping up with rising costs. One thing members have not yet mentioned either is that there is a critical mineral exploration tax credit in Bill C-32. Canada has a very troubled history with mining, and any projects that go forward need to absolutely be done in conjunction and in consultation with first nations. If we are truly going to transform our economy into the renewable energy powerhouse it should be, those critical minerals that Canada has an abundance of are going to be key to developing that kind of technology. What I have often found with the Liberals over my seven years of being in this place is that there are a lot of good ideas but they are not fully fleshed out. They do not go as far as they could have potentially gone to make the full impact we wish they would have done. There is a lot in Bill C-32 for the committee to consider, and I hope it takes a lot of feedback from a wide variety of witnesses. There are measures here that are building on what we, as new Democrats, have been able to force the government to do, such as doubling the GST credit, providing an interim benefit for dental care and making sure there is help for renters. I am proud that a caucus with less than 10% of the seats in the House of Commons has been able to achieve these things. This is what I came to Ottawa to do. I came to deliver for my constituents and bring tangible results that make a difference in their lives. Through this and other measures, I will continue to do that, to make sure they are getting the full benefits and assistance they need to weather these tough times so they can come out even more prosperous on the other end.
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  • Nov/15/22 11:22:32 a.m.
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  • Re: Bill C-32 
Madam Speaker, I thank my colleague opposite for his thoughtful remarks and for going into detail on some of the measures in this fall economic statement. One of the things that I was particularly glad to hear was his comments on the price on pollution, and I do agree with them. The member opposite mentioned the program in British Columbia and how the Government of British Columbia knew best how to deploy the resources. However, in the same context, the member mentioned in his intervention that the health care crisis is looming. Would the member opposite have any comments on the tension between provinces knowing best and wanting to control health care expenditures while the federal government is trying to work to address this crisis, and how the member sees that in contrast to, or relating to, the price on pollution?
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  • Nov/15/22 11:28:25 a.m.
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  • Re: Bill C-32 
Madam Speaker, it is truly a privilege to rise in this place and have the opportunity to speak to the fall economic statement. Before I begin, I note that I will be splitting my time with the member for Mégantic—L'Érable. I listened with interest to the interventions made during the debate, both yesterday and this morning, and I just want to thank my colleagues on this side of the House for speaking up for Canadians. Canadians are finding it harder and harder to make ends meet, as there is more month left at the end of the money, and they are having to make really tough choices because the Prime Minister and the government did not. This piece of legislation comes at a critical time for Canadians. There is a severe cost of living crisis, which the Liberal government has done nothing to address in this statement. Instead, it continues to spend more, which continues to push the inflation rate higher, causing the fastest rise in interest rates in decades. This has had devastating consequences for Canadians. In the fall economic statement, the Liberals are predicting that economic growth will be 0.7% lower next year and that Canada's national debt will reach $1.177 trillion. Home prices have doubled since 2015. The increase in the housing prices and skyrocketing inflation and interest rates have put the dream of home ownership out of reach for millions of Canadians. Paycheques no longer go as far due to just inflation. Nearly 50% of Canadians are $200 away from insolvency, and the price of groceries, gas and home heating just keeps going up. While the Deputy Prime Minister made the difficult decision to cut Disney+, too many Canadians are being forced to cut their diets. Food bank usage is at an all-time high. With the price of groceries up by almost 11%, moms are adding water to their children's milk, and seniors cannot afford to heat their homes. Canadians are getting closer to the edge, and the Liberal government just keeps pushing them further. The government does not understand how to assist Canadians. Over the past seven years under the government, it has only gone from bad to worse. While believing that budgets will balance themselves and promising to budget from the heart out with no more than $10 billion in deficits, the Prime Minister has spent more than all previous prime ministers combined, running the most expensive government in Canadian history. Now I know the government likes to use the pandemic for cover on spending issues, but 40% of all new government spending measures have nothing to do with COVID. That is over $200 billion. By next year, the cost to pay just the interest rate on our national debt will be equal to the amount being spent on the Canada health transfer. Canadians need relief now, not more empty promises from the Liberal government. With over $170,000 being added to the deficit every minute, every minute counts. That is why we called on the government to do two things: stop the taxes and stop the spending. The government could have, and indeed should have, committed to cancelling any planned tax hikes, including the tripling of the carbon tax. This would keep more money in the pockets of Canadians as they plan for their futures. Additionally, the government should have cut its wasteful spending and required ministers to find an equivalent savings to any new spending put forward. These are two simple initiatives that would have an immediate impact on helping Canadians. Businesses are also feeling the impacts and struggling. While at home in my riding this past week, I had the pleasure of meeting with representatives from the Prairie Sky, Rosetown and Humboldt chambers of commerce. It was the first time that we were able to meet face to face. I would like to thank the executive directors and chamber boards for taking the time to meet with me. While our conversations covered a wide range of topics, a common theme was how difficult the past two and a half years have been for local businesses, especially independent retailers. As I mentioned yesterday, I also heard about how lockdowns have driven customers to larger retailers and online shopping sites like Amazon. I heard how lockdowns have had not only a devastating impact on independent retailers, but a negative impact on supply chains. The impact of inflation was top of mind for most, whether they were business owners or municipal representatives. For business owners, not only is inflation cutting into the bottom line of their customers, but it is also increasing costs for businesses, making it difficult for them to survive let alone thrive. In addition to the federal-government caused inflation, the recent hike in interest rates by the Bank of Canada is having a big impact on individuals and businesses alike. The likelihood of renewing loans and mortgages at rates more than double what they are currently paying is bringing solvency into doubt for both. Added to this is the mess the government has made of the Department of Immigration, Refugees and Citizenship. Many business owners have told me that they are desperate for workers in certain industries but that it takes far too long for qualified people to get through the system. While the government loves to make grand announcements, citizens, business owners and newly arrived immigrants are telling me the system is broken. The Liberals' mismanagement knows no bounds. The pattern of the government over the years has been to completely disregard the needs of Canadians and a consistent inability to manage Canada's finances. Inflation is not just hurting individuals and businesses. One mayor told me that inflation is causing municipal projects to run 25% to 40% over budget, forcing municipalities to make cuts and raise taxes in order to balance their budgets. I have also heard from many municipal leaders in recent weeks that they may be forced to cover the back pay for the RCMP following the conclusion of the force's collective bargaining agreement with the federal government. If municipalities are forced to cover the back pay of an agreement they had no say in negotiating, this will put more pressure on municipal budgets. This means individuals and businesses would have to pay more for less from their municipal governments. Canadians, small and medium-sized business owners and municipalities need a Conservative government that will put an end to the Prime Minister's inflationary spending, which is driving up the cost of everything. Under the leadership of the member for Carleton, our Conservative caucus has been working to develop policies that will address the issues facing our country. The Conservatives have a plan to make life more affordable for Canadians. Instead of printing more cash and fuelling the inflation crisis, we will create more of what cash buys: more homes, more gas, more food and more resources here at home. By increasing the supply of goods, we can fight the rising cost of living. We will make energy more affordable by repealing the anti-energy legislation of the Liberal government, and we will cut corporate welfare and get rid of the carbon tax. To fight climate change, we will make alternative energy cheaper rather than making Canadian energy more expensive. We will ensure that paycheques go further. We will reform the tax and benefits system to make sure that when a Canadian works an extra hour, takes an extra shift or earns an extra bonus, they are better off and will keep more of their dollars in their pockets. The Conservatives will continue to fight for Canadians across the country. We will continue to hold the government to account for its inflationary spending, and we will continue to put forward policies that put Canadians first before Liberal insiders and their friends.
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  • Nov/15/22 11:54:19 a.m.
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  • Re: Bill C-32 
Madam Speaker, I spoke in English and French during my speech, so I was expecting that my colleague was listening to me and to what I said. I was talking about the mother who is struggling to pay for the home heating of her house, for her groceries and for the gasoline that she needs to go to work. No matter where we stand in the OECD, nothing in this fall economic statement, nothing, helps that mother face that new spending.
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  • Nov/15/22 11:55:23 a.m.
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  • Re: Bill C-32 
Madam Speaker, the main thing I see is the direction the Liberal government is taking with the interest payments on the ballooning debt that we are seeing year after year. Next year or the year after, the government will be paying more in interest than in health transfers for all of the provinces. That greatly reduces the flexibility the government could have had to help the provinces, including Quebec, deal with the current health crisis. I am trying to think of something good in the fall economic statement, but unfortunately, I still cannot figure out how it will improve the lives of Quebeckers.
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  • Nov/15/22 11:58:27 a.m.
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  • Re: Bill C-32 
Madam Speaker, I will be sharing my time with the member for Davenport. I am thankful for the opportunity to take part in today's debate on Bill C-32, which introduces measures in the 2022 fall economic statement and key initiatives from budget 2022. The 2022 fall economic statement includes a series of new targeted measures that would help Canada weather the coming global economic slowdown and thrive in the years ahead. They are measures that would deliver good-paying jobs by seizing the opportunities of the net-zero economy, by attracting new private investment and by providing key resources to the world. The next few years offer a historic opportunity for Canada. It is a time when we can continue building an economy that works for everyone and create the good middle-class jobs that Canadians will count on for generations to come. However, if we are to capitalize on the opportunities before us in the years to come, we need to step up and make more smart investments today. Today, I would like to speak to a measure in the 2022 fall economic statement and Bill C-32 that would grow Canada's economy, create opportunities for workers and continue to address Canada's challenge with investment and productivity that has stretched back for decades. Our government knows we are at a pivotal moment. The climate crisis is more urgent than ever. Canada is already experiencing an increase in heat waves, wildfires and heavy storms. These impacts and the economic and health repercussions that come with them will continue to accelerate if we do not act now. We know that climate change is real and the path forward is clear. To protect our planet and build a stronger economy, we must do even more on climate action. Over the past six years, the federal government has taken important steps to position Canada at the forefront of the fight against climate change while also working to seize the economic opportunities provided by the global transition to net zero. Canada's commitment to putting a price on pollution has provided an incentive for businesses and households to pollute less, conserve energy and invest in low-carbon technologies and services. However, it is clear that Canada will need to do even more to secure our competitive advantage and continue creating opportunities for Canadian workers. This challenge has become even more pressing with the recent passage in the United States of the Inflation Reduction Act, the IRA. Since 2015, the government has been making foundational investments in clean technology, which the U.S. is doing now with the IRA. We welcome the U.S. legislation as it will play an important, pivotal role in the global fight against climate change and will further accelerate the building of sustainable North American supply chains. More importantly, the IRA's build North American policy for critical minerals and electric vehicle tax credits are also good news for Canadian workers and Canadian companies. While the IRA will undoubtedly accelerate the ongoing transition to a net-zero North American economy, it also offers enormous financial supports to firms that locate their production in the United States, from electric vehicle battery production, to hydrogen, to biofuels and beyond. Without new measures to keep pace with the IRA, Canada risks being left behind. As a first step in Canada's response, the government is launching the Canada growth fund, which will help to attract billions of dollars in new private capital to create good-paying jobs and support Canada's economic transformation, as well as bringing forward two new measures to support the adoption of clean technology across Canada. Today's legislation would authorize the Minister of Finance to requisition up to $2 billion from the consolidated revenue fund in order to provide an initial capitalization to the Canada growth fund. The legislation would enable the minister to purchase non-voting shares in the corporation in exchange for capital. Canada's road to achieving our climate targets, creating and maintaining good-paying jobs and building a net-zero economy that works for everyone will require the transformation of our industrial base, specifically the commercialization and deployment of low-carbon technologies and resources and the continued growth of clean technology businesses across Canada. We have an opportunity to lead the way on the road to net zero and ensure that Canadian workers can benefit from good jobs for decades to come. However, this will require investment on a scale that government alone cannot provide. There are trillions of dollars in private capital waiting to be spent on creating the good jobs and prosperity for workers that a net-zero economy will bring. Canada is competing with other countries to attract the private investment we need. To succeed, Canada needs to address two challenges. First, we need to incentivize companies to take risks and invest in cutting-edge technology in Canada. Second, we need to keep pace with a growing list of jurisdictions that are using public financing to attract private capital and create the jobs and prosperity for workers that accompany it, from the United States to the European Union and beyond. In budget 2022, we announced the government's intention to create a Canada growth fund that will help attract private capital to invest in building a thriving, sustainable Canadian economy with thousands of new, good-paying jobs. It will also help Canada keep pace with a growing list of jurisdictions that are using innovative public funding tools to attract the significant private capital required to accelerate the deployment of technologies required to decarbonize and grow their economies. Since Canada's economic prosperity has traditionally been built on natural resources and other emissions-intensive industries, a substantial transformation of our industrial base will be required to meet our climate targets and ensure long-term prosperity for Canadians and the Canadian economy. Canada needs to build the technology, infrastructure and businesses to reduce our carbon reliance, but this will not occur without rapidly increasing and then sustaining private investment in activities and sectors that will strengthen Canada's position as a leading low-carbon economy. Today, while companies and investors are aware of opportunities to commercialize and deploy emissions-reduction technologies, they are often restrained due to investment risks that are frequently associated with these investment opportunities. That is why the fund is designed to invest in a manner that mitigates the risks that currently limit private investment and unlock the domestic and foreign capital that Canada needs now. The 2022 fall economic statement outlines the design, operation and investment strategy of the growth fund. The mandate of the growth fund will be to make investments that attract substantial private sector investment in Canadian businesses and projects to help seize the opportunities provided by a net-zero economy. This includes investments that will help reduce emissions and achieve Canada's climate targets; accelerate the deployment of key technologies, such as low-carbon hydrogen and carbon capture, utilization and storage; scale up companies that will create jobs, drive productivity and clean growth, and encourage the retention of intellectual property in Canada; and capitalize on Canada's abundance of natural resources and strengthen critical supply chains to secure Canada's future economic and environmental well-being. In the challenging economic landscape that Canada and the world are contending with, there is no country better placed than Canada to weather the coming global economic slowdown. The measures in Bill C-32, such as the Canada growth fund, will build on actions the government has taken to make sure that Canadians and the Canadian economy come through this challenging economic period as quickly as possible, and that we are ready to thrive when we do. I encourage all members of the House to support this legislation.
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  • Nov/15/22 12:23:24 p.m.
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  • Re: Bill C-32 
Mr. Speaker, I have lots more to say, but I know I only have less than three minutes left. The next thing I want to point out in the fall economic statement is because the residents of Davenport are very passionate climate activists. They really feel very strongly that we need to move as aggressively and urgently as possible toward meeting our net zero by 2050 targets, so the fact that there are some measures in the fall economic statement that will accelerate decarbonizing our economy and meeting our climate change goals, I think, is welcome news to them. We were all alarmed when we heard the Secretary-General of the UN, Antonio Guterres, say this: And the clock is ticking. We are in the fight of our lives. And we are losing. Greenhouse gas emissions keep growing. Global temperatures keep rising. And our planet is fast approaching tipping points that will make climate chaos irreversible. It is incumbent on all of us to take as many measures as possible, so I am pleased to say that the fall economic statement proposes major investment tax credits for clean technology and clean hydrogen, which will make it more attractive for businesses in Canada to invest in technology and to produce the energy that will help to power a net-zero global economy. The fall economic statement 2022 proposes a refundable tax credit equal to 30% of the capital cost of investments in the following: electricity generation systems, stationary electricity storage systems, low-carbon heat equipment, industrial zero-emission vehicles and related charging or refuelling equipment, among other things. I want to note that the Department of Finance is going to consult on additional eligible technologies. We, of course, are introducing these measures not only because we want to meet our net-zero target by 2050, but also in response to the adoption of the inflation reduction act in the United States, to ensure that we remain competitive in both the current and the future economy. Given the fact that I have only less than a minute left, I will mention two other small measures, but I think they are significant ones that are going to be helpful to individuals, to all Canadians across the country. The first is the elimination of interest on Canada student loans and Canada apprenticeship loans. Anything we can do to help students start their lives without debt or with as minimal debt as possible is going to be helpful. The second is the new, quarterly Canada workers benefit, which is $4 billion over six years. We are going to be issuing that Canada workers benefit quarterly, which will be helpful and put money into the pockets of low-income Canadians sooner rather than later. I am thankful for the opportunity to speak to the fall economic statement on behalf of the residents of Davenport. I would urge my colleagues on the other side to support this bill as expeditiously as possible.
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  • Nov/15/22 12:28:04 p.m.
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  • Re: Bill C-32 
Mr. Speaker, I find that surprising. I have been hearing the Liberals boast about the government's economic update all morning. I do not understand why they think it is so positive, given that there is a really important request, not only from the Government of Quebec, but from all the provinces in Canada. It may be easier for the government to be amenable to a request when it does not come from Quebec. However, since it was not just Quebec that was asking for health transfers this time, we hoped that the government would listen. Why are they not increasing health transfers? There is no mention of it in the economic update, and yet this is a unanimous request. Everyone is calling for this. I cannot understand it.
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  • Nov/15/22 1:16:35 p.m.
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  • Re: Bill C-32 
Mr. Speaker, I thank the member for all his great work in Calgary. If we look back at the unemployment rates we have historically hit, we are having all-time lows in these recent times, all-time lows in Canadian history. We have strong, good-paying jobs coming from a lot of the investments we have already made. We need the skilled labour, and the people we are looking at with the levels plan are the people who are getting their education here. International students are coming here in droves because this is the place to be. This is the place they want to live, work and play. It will only benefit the growth we are talking about. The economic development, the investment—
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  • Nov/15/22 1:29:26 p.m.
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  • Re: Bill C-32 
Mr. Speaker, this morning, the Auditor General tabled four reports. In one of them, she mentions that Infrastructure Canada and the Canada Mortgage and Housing Corporation are not talking to each other at all about the national housing strategy. There is a glaring communication problem. Similarly, in the economic statement, there is a complete lack of collaboration with colleagues in the same government. The Minister of Innovation, Science and Industry talks about reforming the Competition Bureau, but there is absolutely nothing in the economic statement. My question is simple. Do people talk to each other on the government side? Are they working together?
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  • Nov/15/22 2:20:25 p.m.
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Mr. Speaker, our economic plan is both responsible and compassionate. I want to note some of the key elements of this plan. We have already doubled the GST, which will help 11 million Canadian households. We are sending $500 to Canadians who are having a hard time paying their rent. We are paying for dental care for Canadian children. We are getting rid of the interest rate for all Canadian students.
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  • Nov/15/22 2:37:31 p.m.
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Mr. Speaker, here is what The Globe and Mail had to say about the fall economic statement: “It is, broadly speaking, the right approach.... Canada [has] the slimmest government shortfall in the G7. In inflation-fighting terms, that has Liberal fiscal policy looking pretty good”.
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  • Nov/15/22 3:05:20 p.m.
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Mr. Speaker, as I said earlier, the Globe and Mail wrote “Liberal fiscal policy looking pretty good”, but let me give a few more proof points. The day that I tabled our fall economic statement, Moody's, the rating agency, reaffirmed Canada's AAA credit rating with a stable outlook. It does not get better than that. Canada has the lowest deficit in the G7. We have the lowest debt in the G7. We are a very fiscally responsible government.
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  • Nov/15/22 3:06:02 p.m.
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Mr. Speaker, the Conservative Party saw the economic storm coming and often warned the Liberals. However, poor managers that they are, they continue to spend recklessly. Just consider the ArriveCAN app, which gobbled up $54 million, and the the purchase of twice the number of medical ventilators required, which cost taxpayers $403 million for nothing. Families are struggling. Workers are going to food banks. Young people are camping out in their parents' basements. Will the Liberals come to their senses and cancel tax increases?
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  • Nov/15/22 3:09:14 p.m.
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Mr. Speaker, I just want to state the facts and talk about Canada's economic reality. The reality is that our economic plan is fiscally responsible. Canada has the lowest deficit and the lowest debt-to-GDP ratio in the G7. Canada's AAA credit rating was reaffirmed two weeks ago.
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  • Nov/15/22 6:53:51 p.m.
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Mr. Speaker, the member spent a lot of his time talking about budgetary measures, and I will pick up on that in the form of a question. The first major economic policy statement that really came out of the current leader of the Conservative Party was to recommend to Canadians that they should invest in cryptocurrency as a way to combat inflation. We all know that turned into a dud. Now we hear again and again from members of the Conservative Party that they will abolish the price on pollution. However, the price on pollution that Ottawa has implemented does not cover the entire country as there are provinces that have their own price on pollution. Ours is a backstop. Is it the Conservative Party's position that it will mandate all provinces to get rid of any form of a price on pollution?
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