SoVote

Context: House Hansard - 179 - Apr/18/23

Mr. Ryan Williams (Bay of Quinte, CPC)

Apr/18/23 12:36:17 p.m.
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Madam Speaker, a budget is supposed to tell people where their money is going to go, not have them wondering where it went. However, after eight years of the Liberal government, Canadians are not only wondering where it went but how much more it is going to take to get results. Canadians see grocery bills going up and a carbon tax that is adding to the price for groceries, to heat their home, to drive to work and the trucks that deliver their food. They see a health care crisis that has many people waiting for a family doctor, let a lone waiting months and months for appointments with doctors they already have. They see a mental health and addictions crisis. Military and NATO are underfunded in Canada. The cost of government has doubled to more than $39 billion just for wages alone, and consultants are $17.7 billion and counting. Farmers are seeing as much as $150,000 per farm for carbon tax, with only $862 back. A lot of farmers are wondering whether they should keep their farms or sell them. There is a housing crisis that has never been seen before in Canada. It is the housing crisis that I want to focus on today as it, bar none, is the biggest legacy the Liberal government is going to leave for my generation and it is, bar none, the biggest issue that Bay of Quinte residents are seeing in our riding. We focused on it last week alone at two summits: one, a homelessness summit in the city of Belleville put on by the municipality of Belleville; and another housing summit by the Quinte and District Association of Realtors. People in our generation are having to live with their parents because they cannot afford a home of their home. Homelessness, addictions and mental health are at record highs. Builders and developers are mired in red tape on every level of government. We have, this week, renovictions with respect to 120 residents in Trenton, Ontario, who are being evicted from their homes so a new owner can renovate their homes. Of course, it is a free market, but there is nowhere for them to go. When so many Canadians are feeling down about the housing market, we need to pull them up. There is only one answer to the housing crisis, and it is three words, “build, baby, build”. We need more supply in Canada, which means we build for everyone. We build with more trades. We build affordable housing that is innovative. We build housing for our military and for our indigenous communities. We build faster and targeted, and we build to own. We need to build, baby, build. When we build for everyone, I think we all can agree that it should be a fundamental human right that every Canadian should have a roof over his or her head. When we look in this nation right now, we see the amount of homelessness. In my region, and we count it, it has doubled in the last four years alone. It should be fundamental that we provide a shelter for residents. It is one step only to become homeless, but there are three steps to come out of it. When we talk about homelessness, a lot of people lose their homes for a lot of reasons. The myth is that it is because of mental health and addictions. People do not lose their homes because of that. A lot of times it is because of a domestic dispute, a missed paycheque, many missed paycheques, the fact that it costs more to live, a family matter or just lack of supply. When people lose homes, it is devastating to hear their stories about what happens on the street. I and others here have one thing that many people do not. We have a home. We are able to lock our stuff away and we have a secure place to call home, which means to have security. If people are on the street, they do not have the luxury of security, which means oftentimes they have to turn to drugs. Why drugs and why is that important? If people are up all night trying to protect their stuff and look after, God forbid, a child or a pet, a lot of times they turn to drugs because it numbs the pain and it keeps them alert because they do not have that luxury of locking their door. There are three steps to get out of homelessness and one step to become homeless. Of the three steps to get out of homelessness, the first is to have a shelter. Step two is to have transitional housing, which is the most important because that moves people from a shelter into programs where they get mental health and addiction counselling. They also get supports for keeping a job, learning life skills and they get a place to lock up their stuff. The third step, which is really most important, is affordable rental housing. If people are on the street and the cheapest apartment they can find is $1,800, they are probably going to end up back on the street. Affordable market rent is about $700 to $900, and that is really important. However, we build for everyone. We have heard members today talk about building for indigenous, absolutely, and building for our military, but building for every kind of person who lives in our country should be an absolute human right. The government has three programs for that. Something I am going to get into is the fact that we are not targeting on that. There is the $40 billion national housing strategy. There is the $1 billion rapid housing initiative. There is the $1.5 billion for homelessness. All of that combined over 10 years with other programs, of the 1.8 million homes that were needed last year, only 300,000 homes were built. The government talks about $89 billion, but only 300,000 homes were build. We are a great nation and we need a lot of immigration, especially skilled workers. We brought 955,000 immigrants in last year. Again, that raises the number of homes needed to 2.8 million. When the government touts that it spent $89 billion, that was for 300,000 homes of the 2.8 million needed. It is a dismal number. When we talk about homes, we need 300,000 affordable rental units. When we think about what our most vulnerable in society need, it is a place they can rent and call home. We are building 70,000 a year. We needed 300,000 units by 2026 as noted in a report by the Royal Bank of Canada. We are way behind. One of the biggest parts of immigration that we need to focus on is bringing more trades into Canada. We have a lot of new immigrants, but we also need to focus on the trades. We need home builders, dry wallers, framers and well drillers. It is not only the workers, we need those people to start their own businesses. I know many who are, but we need to really focus on that. A normal builder in my region is capped at 50 homes a year. When builders look at how many homes they can build as a whole and the limits that they have hit in the last four or five years, they can only 50 units. We are seeing that across the country. A report this week talked about how Canada had the lowest supply of real estate in 20 years, yet prices are still going up. A report last week, when we were supposed to have initiatives that lowered prices for Canadians, including a cap on foreign homebuyers, prices went up a whole lot. I think they are up 3% or 4% in March alone. I want to mention a great program in our region. It is for people who have been on Ontario Works, people who sometimes have not had a job for a while. It is called elevate plus. It is put on by Quinte Economic Development Commission. It trains people for six weeks in programs that teach them about construction and how to get into home building. It is pretty amazing going to these graduations. It is powerful for people to get trained for a job that will give them a paycheque. From being at those graduations, I can say how emotional it is for those individuals and their parents. Elevate plus is a new program, but it is something we can replicate across Canada. It is training people for jobs in the trades where we desperately need them. As a hotelier, I have built hotels. When we talk about building hotels, we talk about building hotels by key, the price per door. The average house price for affordable housing in Canada is $465,000 a unit. It is quite unaffordable. It is ironic to me that affordable housing is actually unaffordable to build. We need to get these units down to about $200,000 to $250,000 to make them affordable. If developers are building a house and then trying to rent that house out, to try to even make back the interest alone on running that house, how can they afford to rent that for less than $1,500 or $1,600 given interest rates today? Housing needs to be affordable. When we talk about building, we need to build for our military. I have talked about this a lot of times. We need 4,000 military houses. It is the only housing the government actually builds. We need 4,000 units in Canada, 50 in CFB Trenton alone where we have 360 families on a waiting list. We have not done it. Money was announced in budget 2022, but it still has not been started. We have heard from other members today about indigenous communities desperately needing housing. It still is not happening. We really need to get focused on how we can make that happen. We need to build faster. Our leaders talked about withholding federal infrastructure funding from those who do not comply with ensuring we get things built a little faster. Being a former municipal councillor, I know it is not easy but we really need to work with those municipalities on how to get that done. Part of it is looking at nimbyism. Nimbyism kills us all. It is inherent to a lot of Canadians. Nimbyism is just part of our brains. Perhaps it goes back to when we used to have caves and had to protect our stuff. We really have to work with municipalities. I will go back to this. When it comes to the budget, housing was not even mentioned once. The Liberal government does not see housing as a priority, yet it is the biggest crisis we face. A Conservative government would build housing and ensure we build it up by build baby build. We need to build for everyone. We need more trades, affordable housing for our military and indigenous communities. We need to build faster, and we need build to own.

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Mrs. Jenica Atwin (Fredericton, Lib.)

Apr/18/23 12:46:27 p.m.
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Madam Speaker, I share this passion. I am deeply concerned about housing in my own riding, and there has been significant federal investment in the Fredericton region. I think of the Oak Centre. We have supportive housing on multiple levels. We have 12 Neighbours, which is about tiny home investments, a really creative model. I work to support the shelter network in my community. It is always about building that collaboration with municipalities and the provincial government. I agree that housing is absolutely a human right, and we need to decommodify the housing system. My question for the hon. member is simply: How many houses did the Conservative government build when it was in power?

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Mr. Ryan Williams

Apr/18/23 12:47:14 p.m.
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Madam Speaker, it is an easy answer. We had house prices that were half of what they are now. However, I want to focus the answer to the member's question specifically on how we have more collaboration. In our region, we have an amazing group. Hastings County has put together a “7 in 7” plan where it is going to build 7,000 homes in seven years. It is going to do it by working with the municipalities, the province and innovative groups like Phil Spry and Bob Cottrell who have discovered how to put developers together with not-for-profits. The developer takes the risk and the not-for-profit runs the programs using the government. They have actually been able to build homes faster. Seven thousand homes in seven years, which I know the member for Kingston and the Islands will benefit from, is an innovative program that is going to benefit eastern Ontario. That is the kind of innovation we look at in the future—

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Mr. Ryan Williams

Apr/18/23 12:48:01 p.m.
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We will work together.

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Mr. Mark Gerretsen

Apr/18/23 12:48:01 p.m.
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I was there at the opening; you weren't.

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The Assistant Deputy Speaker (Mrs. Carol Hughes)

Apr/18/23 12:48:01 p.m.
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Order, please. There is some cross debate. I would remind members that if they have questions or comments to wait until I call on them. I know that some of them are senior officials here and should know better. Questions and comments, the hon. member for Drummond.

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Mr. Martin Champoux (Drummond, BQ)

Apr/18/23 12:48:22 p.m.
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Madam Speaker, I would like to mention that I was surprised to hear that there is a connection between the glaring problem of drug abuse and the fact that people do not have a door to lock so they need to stay awake and watch over their children. That does not add up to me. I would probably put more blame on mental health issues in general, but I have a different question for my colleague. I am going to touch on something other than housing, because I thought that part of his speech was pretty interesting. I would like to know what he thinks about the fact that, even though the situation is critical, the government is not proposing EI reform in the 2023 budget.

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Mr. Ryan Williams

Apr/18/23 12:49:00 p.m.
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Madam Speaker, yes, we need reforms in EI for sure, but let us get back to the subject at hand: We need homes for people. As I said in my speech, shelter, transitionary homes and affordable market rent are the three answers to housing. When we talk about mental health and addictions, what is nice about a transitionary home is that it actually provides those supports to residents to overcome addictions and to deal with mental health. We talk about everyday residents who have to wait sometimes six months just for one appointment with one counsellor for mental health. I agree that there is a mental health crisis in our country, but let us talk about it as it comes back to the street where all of that is compounded, especially because people do not have a place of their own. We need more supports and to focus on the three answers.

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Ms. Lisa Marie Barron (Nanaimo—Ladysmith, NDP)

Apr/18/23 12:49:54 p.m.
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Madam Speaker, the member said “build baby build” many times, which has a good ring to it, but I am concerned it is another Conservative slogan that is not actually based on fact. I wonder if the member could share his thoughts around the fact that we are seeing developers building all around us. We are seeing new units popping up, but the problem is that we are seeing more unaffordable homes, more unaffordable units, popping up around us, which is not going to resolve the issue that we are currently experiencing with the ongoing commodification of housing that has happened over the last 30 years by consecutive Conservative and Liberal governments. Would the member agree that in order to ensure that those he was referencing, including military, veterans and seniors, have access to the affordable housing they need, we need to see more social housing put into place, more affordable housing put into place, so everybody can have a place to call home?

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Mr. Ryan Williams

Apr/18/23 12:50:54 p.m.
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Madam Speaker, I did answer that in my speech. Build baby build means for everyone. We need affordable housing. We need market rent. We need transitionary housing. We need to ensure we are building housing for our military and indigenous. We need housing of every stripe, which means we need more. We need 2.8 million units today, and that only happens if we build them, not by wishing they came in but actually making that happen. It is going to take a lot of work, and a Conservative government would ensure it happens at the end of the day.

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Mr. Chandra Arya (Nepean, Lib.)

Apr/18/23 12:51:26 p.m.
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Madam Speaker, Canada has made a remarkable recovery from the COVID recession. Canada’s economic growth is the best among the G7 countries. About 830,000 more Canadians are employed today than before the pandemic. Inflation has been falling for the last eight months. Our unemployment is at a record low, and in February, we had labour force participation for women aged 25 to 54 at a record high of 85.7%. However, we also face many challenges. As we know, globalization is winding down. We see a sort of Cold War-style era returning to the world now. The unipolar world is no more. It is bifurcating into a bipolar or even a tripolar world. Multilateral agreements that were the basis for global trade are also taking a back seat, with the WTO Appellate Body almost unable to function because of vacancies that are not filled because of issues related to some major countries. What we are seeing now, more than bilateral trade agreements, are free trade agreements among blocs of countries; we are also seeing more friendshoring. In fact, this concept of friendshoring is just starting up. While it is a challenge, this is also an opportunity for us. Protectionism is growing. This is not just from the traditional countries that were practising protectionism, such as developing countries; rather, protectionism is also growing in developed countries, especially countries like the United States. A few years back, in this chamber, I talked about the importance of artificial intelligence and how that technology will not only affect the corporate sector and the economy but also the entire society. We are already seeing the impact of artificial intelligence and technologies like robotics and automation on this society. I will be sharing my time with the member for Richmond Hill. The budget talks about transforming challenges into opportunities. It mentions a need for investment to manage the structural changes, which will not be limited to one sector or one aspect of the economy. Broad-based investment will be required to grow our economy and create good middle-class jobs in the years to come. The scale of required investment is massive, and the private sector alone is unlikely to mobilize the level of capital required in Canada at sufficient speed. However, although we say the private sector alone cannot mobilize, it is expected to invest about $100 trillion in the global clean economy between now and 2050. Many of the investments that need to be made will stretch over decades and involve high upfront costs, and that is where governments come in. Moreover, key sectors and technologies will have significant spillover effects by driving development of related industries. For example, fundamental inputs to clean production and the production of clean technologies, such as electricity; critical minerals; and carbon capture, utilization and storage, will provide foundations for an expanding clean economy. For related sectors, such as hydrogen and clean manufacturing, this will boost their productivity, support their resilience and help generate new middle-class jobs. Private investment decisions may not take full account of these spillovers, and this increases the risk of underinvestment. Without the right policy framework, as stated in the budget 2023 document, Canada could see underinvestment in critical areas and a slow pace of innovation in new clean technology. Together, these factors would result in Canada falling behind the United States and other countries that are moving forward aggressively to build their clean economies, create middle-class jobs and ensure more prosperous futures for their people. Canada must act decisively to ensure that it remains the location of choice for new investment in these sectors, particularly in the face of the U.S.'s recent passage of the Inflation Reduction Act. In addition to this act, we have to take notice of the U.S.'s CHIPS and Science Act, a $280-billion act. It will not only focus $80 billion on the manufacturing of semiconductors in the United States but also invest in around 20 technology centres focusing on advanced technologies, from transition energy and biotechnology to others. This combination of the IRA and the CHIPS and Science Act is called a once-in-a-lifetime, once-in-a-generation policy of the United States. It has fundamentally rewritten the entire industrial policy of the United States. We also have to consider the friendshoring that the U.S. is emphasizing now. That is a challenge for many countries in the world, but it creates opportunities for Canada that we are already seeing in the critical mineral sector. I will talk about this in a minute. Budget 2023 proposes substantial measures as the next steps in the government's plan to “crowd in” new private investment by leveraging public investment and government policy. The goal of this approach is neither to substitute government for the private sector nor to supplement market-based decision-making. Rather, it is to leverage the tools of government to mobilize the private sector. This approach is not about the government picking individual corporate winners in an effort to engineer a preferred vision for the economy in 2050. That approach did not work in the past, and it is even less likely to work in today's environment of rapid technological change. The tax incentives and investment supports proposed in budget 2023 are designed to set a framework for boosting overall investment while leaving the private sector to determine how best to invest based on market signals. Canada has been rich and prosperous because of the natural resources we have and the hard work of several generations of Canadians, including present-day seniors. However, the future is changing with the digital economy and the new technologies that are coming up. We have an opportunity, in these challenging times, to invest and grow. One growth aspect is the critical minerals, which are very important for the clean economy that is being envisaged all around the world. Before touching on that, I just want to mention two fundamental challenges. The first is that many of the investments that will be critical for the realignment of global supply chains and a net-zero future are large-scale, long-term investments. The second challenge, as I have already mentioned, is the U.S.'s IRA, with the related CHIPS and Science Act. In budget 2022, last year, we committed $3.8 billion to Canada's critical mineral strategy. In March of this year, last month, the government launched the critical minerals infrastructure fund, announcing that this new fund will allocate $1.5 billion towards energy and transportation projects needed to unlock priority mineral deposits. In addition to this funding, the federal government is entering into bilateral agreements with various provinces. Recently, we signed an agreement with Ontario, what we call the “Ontario table,” where the federal government and the province committed to work together to align resources and timelines and to have a common regulatory approach to promoting the critical minerals required for a clean economy. I also have to mention that although we have critical minerals and announced investments, and although we have already attracted investments in battery manufacturing and electrical vehicles manufacturing, we still have the stumbling block of the long regulatory processes that are required to see a critical mineral mine start and become operational.

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Mr. Arnold Viersen (Peace River—Westlock, CPC)

Apr/18/23 1:01:25 p.m.
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Madam Speaker, one thing that I am concerned about is the $43-billion deficit that is projected by the budget this year. Back in 2015, when the Liberals took power, they promised they would run four consecutive deficits of only $10 billion, and after that, they would return to a balanced budget. Why does the member continue to support deficit spending? Does he think this has an impact on inflation?

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Mr. Chandra Arya

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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Ms. Monique Pauzé (Repentigny, BQ)

Apr/18/23 1:02:58 p.m.
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Madam Speaker, my colleague mentioned the U.S.'s Inflation Reduction Act more than once in his speech. On page 56 of the “Statement and Impacts Report on Gender, Diversity, and Quality of Life”, the companion paper to the budget, there is a measure entitled “Future Arctic Offshore Oil and Gas Development”. Does Canada want to embark on that adventure, which is both unacceptable and inconceivable when we think of the environment and the future, because it wants to follow the lead of the U.S. President, who has announced drilling in Alaska?

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Mr. Chandra Arya

Apr/18/23 1:03:44 p.m.
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Madam Speaker, when we were discussing the Inflation Reduction Act at the international trade committee, one union leader put it very neatly and simply. He said we cannot match the U.S. Inflation Reduction Act dollar for dollar, but we can provide a smart response. We do not have to pick and choose everything in the Inflation Reduction Act and do as they are doing, whether drilling in the Arctic or not. However, as Canadians, we can respond in a smart way. We have taken care of some of the measures that are in the Inflation Reduction Act in our budget. We took care of some measures even before the Inflation Reduction Act came into being by lobbying very heavily with the U.S. administration. Because of the lobbying effort and our team Canada approach, we were able to secure the subsidies and incentives that the U.S. government announced in the IRA. They are applicable to all North American manufactured vehicles.

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Mr. Alexandre Boulerice (Rosemont—La Petite-Patrie, NDP)

Apr/18/23 1:04:53 p.m.
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Madam Speaker, there are many people in our society who are struggling with the increased cost of living. The cost of groceries and rent continues to rise, and people are struggling to survive and make ends meet. Meanwhile, the ultra-rich are lining their pockets. I am talking mainly about the CEOs of the large grocery chains who are earning $5 million, $12 million and $13 million a year. Does my colleague not find it indecent that these people are getting richer by creating hardship for others? Does he not think it would be a good idea to have a wealth tax so that these large multimillionaire families finally have to pay their fair share and so that we have a more just society?

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Mr. Chandra Arya

Apr/18/23 1:05:37 p.m.
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Madam Speaker, fundamentally everybody has to pay their fair share of taxes. To help vulnerable Canadians, who are deeply affected by the rising cost of living, we took several measures before the budget, as well as in the budget. To be very clear, we cannot tax anybody to death. Therefore, we are collecting taxes from the rich with the existing tax structure; in my view, this structure is quite adequate. At the same time, we are investing in providing support to vulnerable Canadians.

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Mr. Majid Jowhari (Richmond Hill, Lib.)

Apr/18/23 1:06:24 p.m.
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Madam Speaker, I am thankful for the opportunity to highlight some of the important measures in budget 2023 here today and the impact it will have on my community of Richmond Hill. With strong economic fundamentals, as so many of my colleagues before me have talked about, this budget comes at a very important moment not only for our country, but I will dare to say for the world. Allow me to start by highlighting that this budget is a made-in-Canada plan with three distinct pillars at its core. First, budget 2023 aims to make life more affordable by introducing new targeted inflation relief support for Canadians, an important component of which is the new grocery rebate through which budget 2023 will support about 11 million low- and medium-income Canadians and families. Second, with a historic investment of $198 billion to strengthen our public health, and the introduction of a dental health care plan, budget 2023 will help reduce backlogs, expand access to family health services, and ensure the high quality and timely health care Canadians deserve. This includes a $46-billion investment in new funding to provinces and territories through new Health Canada transfer measures that will support seniors, people with disabilities and minority groups. Finally, budget 2023 ambitiously invests in growing a clean and green economy while creating hundreds of thousands of middle-class jobs, providing the energy that will power our daily lives and entire Canadian economy, and providing more affordable energy to millions of Canadian homes. All three of these pillars are of great importance to Canadians. They are of great importance to the passionate and dedicated constituents of Richmond Hill as well. Just two weeks ago, over 50 community representative organizations and leaders from across our five community councils, which focus on affordability, health, environment, seniors and small businesses, gathered at our affordability round table at the Richmond Hill Public Library to hear about budget consultations and recommendations from budget 2023, in a discussion with the Minister of Indigenous Services and Minister and the Federal Economic Development Agency for Northern Ontario. We heard from key Richmond Hill community leaders about the ongoing collaboration between the federal government and the provinces as it relates to health care. We heard about strategic economic development and promoting learning and business opportunities for our indigenous populations and members of minority groups. We talked about supporting affordable housing for our seniors and youth. We also heard from Ted Pickles on budget 2023, who said that the message he was hearing was about leadership, calling out where there were gaps and taking responsibility and doing something about it. Ted's message resonates with many constituents and Canadians. With affordability, health care and greening the economy its core priorities, budget 2023 is more than just government financing; it is a smart and strong investment in our country's future. Having said that, I would like to shift the focus of the remainder of my speech to the third pillar of budget 2023, which is growing a green economy. We know that climate change is real and the path forward is clear. Budget 2023 builds on the foundation the government has been laying since 2015 by delivering a series of major investments to ensure Canada's clean economy can deliver prosperity across Canada. With new investments in clean electricity, the driving force of a clean economy, we will build a national electric grid that connects Canadians and delivers cleaner, more affordable electricity to Canadians and Canadian businesses. We will deliver investments to put Canadian workers and Canadian businesses at the heart of an essential global supply chain, and we will become a reliable supplier of the goods and resources the net-zero world will need. Our made-in-Canada plan is centred on three tiers of federal financial incentives that will attract new investments, create new middle-class jobs and build Canada's clean economy. Those include an anchor regime of clear and predictable investment tax credits, low-cost strategic financing and targeted investments and programming to respond to the unique needs of sectors or projects of national economic significance. Together, they will incentivize businesses to reduce their emissions, become leaders in the global clean economy and create new middle-class jobs for Canadians. The accelerating transition to net zero has started a global race to attract investment as our friends and allies build their clean economies. Canada has so much potential and a strong competitive edge and Richmond Hill's brightest minds are contributing to it. They are paving the path forward for a greener and cleaner transition in our country. Over the past two weeks in my own riding of Richmond Hill, I was delighted to have the opportunity to see first-hand the knowledge, the passion, dedication and innovation that Richmond Hill entrepreneurs offer their community and our nation in parallel with budget 2023's goals and to see how this budget will further support their innovation. In my visit to Mitrex with the Minister of Public Services and Procurement, I learned that Danial Hadizadeh, the CEO of Mitrex and his executive team are revolutionizing the solar panel industry by offering building-integrated photovoltaic systems, with the vision of generating solar energy from all surfaces. With their hard work and ambition, not only have they transformed into one of the largest facilities in Canada that carries out innovative cladding and panelling systems, but they have also created more jobs toward a vision of a cleaner Canadian economy and a day that every building in Canada becomes green. In Danial's words, making every building its own power plant is his vision. Budget 2023 introduces a 30% refundable tax credit on investments into clean-tech manufacturing and adoption alongside clean energy technologies, including solar, wind and storage. This is in addition to the expansion of the strategic innovation fund through $500 million in funding aimed to support the development and manufacturing of clean equipment and technologies. This not only supports but incentivizes the work done by organizations like Mitrex. Moreover, I along with the Minister of Indigenous Services and Minister responsible for the Federal Economic Development Agency for Northern Ontario visited Edgecom Energy Inc. and Circuit Energy Inc. in Richmond Hill, a group of talented individuals from diverse ethnic backgrounds, including entrepreneurs from the Iranian, Asian, indigenous, African Canadian diaspora led by Behdad Bahrami and Sean Mirrahimi, who, with their fascinating expertise provided energy solutions through their innovative technology for various national energy consumers and large-scale businesses. MIS Electronics, led by Saeid Mohmedi, is another leading clean-tech company at the heart of Richmond Hill, whose expertise lies in developing solutions that reduce operating costs for businesses while maintaining the highest standards of manufacturing, backed by multi-stage quality control and exceptional customer care. Here too the investment tax credits into zero-emission technologies and carbon capture encourage the use of clean energy, growing energy sources and reducing pollution. Canada is the future of clean energy and a green economy, and Richmond Hill offers the facilities it needs in hitting these important targets. In general, budget 2023 has several important components to invest in our shared future. It will be investing in clean electricity and a growing clean economy both here in Canada and around the world, which will depend almost entirely on it. It will follow the federal tiered structure to incent the development of Canada's clean economy and provide additional support for projects that need it. By extending support to a broad base of clean electricity technologies and proponents, it will accelerate the investments needed to expand the capacity of our clean electricity grid and ensure more sustainable, more secure and more affordable electricity across Canada. It will position Canada's Infrastructure Bank to play a leading role in electrifying Canada's economy, supporting lower energy bills for Canadians and businesses and, finally, it will continue to invest in other targeted federal programs that advance individual projects to build a stronger Canadian electricity industry.

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Mr. Arnold Viersen (Peace River—Westlock, CPC)

Apr/18/23 1:16:34 p.m.
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Madam Speaker, I just wanted to note that the member never talked at all about the 40-year highs in inflation nor about the $43-billion deficit that is projected by this particular budget. I am just wondering if the hon. member has any concerns about the inflation that is happening in Canada and whether deficit spending is what this country needs right at this moment.

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Mr. Majid Jowhari

Apr/18/23 1:16:57 p.m.
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Madam Speaker, we are all concerned about inflation. We are all concerned about affordability. That is why the measures not only in budget 2022 but also in budget 2023 have clearly focused on the most vulnerable who are impacted by the rising costs of food as well as issues with affordability. As it relates to the so-called deficit, as my colleague from Nepean indicated before, this is an investment that we are making. This is very similar to the decision that any parents make when they make an investment in their home, when they make an investment in children's education, when they make an investment for a better future, not only for themselves but their families. This is indeed exactly what our government has done. It has made a conscious decision to make an investment in Canadians and that is what we are doing.

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