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House Hansard - 179

44th Parl. 1st Sess.
April 18, 2023 10:00AM
  • Apr/18/23 10:09:05 a.m.
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Mr. Speaker, today I rise to table a petition signed by residents of Lytton, British Columbia. On June 30, 2021, wildfires engulfed the village of Lytton and surrounding areas, destroying the town and displacing hundreds of residents. With building yet to begin, the businesses in Lytton that accepted CEBA loans have no means of reopening and of repaying those loans. Residents of Lytton are calling on the Government of Canada to recognize these extraordinary circumstances and forgive any amounts owed by Lytton area businesses on Canada emergency bank account loans. This is an exceptional circumstance and these petitioners are calling on the Government of Canada in good faith to forgive these loans. They really do not have the ability to pay them back. They want to pay them back but they cannot. I present this petition on behalf of my constituents.
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  • Apr/18/23 10:15:23 a.m.
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Madam Speaker, I rise this morning to present a petition on behalf of the village of Lytton and the businesses in Lytton, British Columbia. As has been mentioned previously, the village of Lytton was decimated by fire on June 30, 2021. The village remains under an evacuation order, with construction not yet started on homes and buildings. Since rebuilding has yet to begin, doors cannot open and businesses have had no revenue for nearly two years. Already incurring large deficits due to the pandemic, businesses destroyed by the fire will not be in a position to repay the CEBA loans when due on December 31 of this year. Almost 100 business owners in the village of Lytton signed this petition, calling upon the Government of Canada to recognize the extraordinary circumstances of the businesses of Lytton and to forgive their amounts owing on the Canada emergency business account loans. Due to the magnitude of the disaster and consequential bureaucratic delays, businesses have been unable to rebuild for nearly two years. Forgiveness of the CEBA loans for Lytton businesses would help them to empower economic development and restore the destroyed community. This impacts both first nations and non-first nations. I know what they are speaking of, because in my riding of Cariboo—Prince George, many businesses and farms are still waiting, since the 2017 wildfires, to rebuild, and they are in the same boat. The petitioners are pleading with the government to forgive these loans.
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  • Apr/18/23 1:02:02 p.m.
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Madam Speaker, let us take the way I personally look at the deficit of $43 billion. For me, as a working Canadian, I do not like credit card loans. However, I do like having a mortgage because it helps me to invest in my long-term future and long-term assets. The deficit we have is basically going towards long-term investments required for Canada so that we can continue to be competitive in this world, improve our long-term transportation network and invest in long-term things required for clean energy growth. Those are the kinds of long-term infrastructure-related investments that are required, and these things are primarily contributing to the deficit we have today.
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