44th Parl. 1st Sess.
May 1, 2023 11:00AM
Mr. Speaker, as one can see, I have a very supportive group on the agriculture committee that I enjoy working with. The member is exactly right. We not only have to ensure that farm families are environmentally and socially sustainable, but it is also critical that they are economically sustainable. Legislation such as this would ensure that their herds and animals are protected.
It also raises important awareness among Canadians that maybe what they are seeing on social media is not exactly accurate. Farmers invest tens of thousands of dollars, and in some cases hundreds of thousands of dollars, to ensure that the biosecurity protocols in place, which are put forward by the Canadian Food Inspection Agency and provincial bodies, are followed to the letter.
Absolutely, it is critically important. Any opportunity we have to allow farmers to be economically viable for the next generation is a critical tool that we must give those farm families.
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Mr. Speaker, I am honoured to rise today to debate Bill C-47, the budget implementation act, 2023. The budget shows our commitment to strong, sustainable economic growth while supporting the most vulnerable among us and moving toward a greener future for Canadians.
By investing in our physical and social infrastructure and by seizing the unprecedented opportunities at hand in clean energy and critical supply chains, Canada will become a world leader in the economy of tomorrow. That is exactly the vision we have as a federal government, and that is exactly what is reflected in our budget.
Before delving deeper into the budget implementation act, I want to take a step back and take stock of where we find ourselves after three tumultuous years, three years marked by a global pandemic, by war, by global economic instability, by supply chain breakdowns, the list goes on. Despite the proclamations of some in this chamber, I would like to speak today about where we are as a country and why we are privileged to be here in Canada, despite the tumultuous times that we have faced.
In fact, Canada is one of the best places to be in the world right now. As we sit in this chamber, Canada’s inflation rate is the lowest is has been since 2021, despite continued global inflationary pressures. In fact, Canada’s inflation rate has decreased consistently over the last nine months.
Our fiscal balance sheet remains by far the best among among G7 counties, with both the lowest debt and the lowest deficit. Our AAA credit rating was just recently reaffirmed. Our economic growth was the strongest of all G7 countries over the last year. Nearly 900,000 jobs have been created and the labour force participation of women is at an all-time high in our country. These are facts.
What I hear from Canadians in my community and throughout the country is that these tumultuous times are difficult, that the instability the world is seeing is impacting our economy, our political institutions and our lives, but that we need a responsible government, that we need responsible leadership and that Canadians are thankful for that leadership in us.
At a time of global economic and geopolitical instability, our government continues to focus on managing our finances responsibly while investing in the future of our country. That is what our budget does. Speaking of responsible management, I want to quickly mention the tentative agreement that was reached between the government and the public service union this morning. It is a balanced agreement that respects employees of the public service and the Canadian taxpayers who are funding it.
We are committed to protecting the collective bargaining process both now and in the future. That is why, in our budget, we have committed to introducing legislation this year to ban the use of replacement workers during a strike or lockout in order to protect that very important right. That is just one of the many measures in budget 2023 that invests in Canada's workforce, because we know that the only way to realize our ambitions for the economy of tomorrow is to invest in Canadian workers. Whether they work in auto manufacturing, construction, aerospace, smelting or fisheries, our workers will lead the just, green transition that we want. Our budget focuses on them.
This budget builds on the foundations our government has built over the past few years to make life more affordable and create well-paying jobs. I would like to highlight a few lesser-known measures in the budget about which Canadians may not yet have heard.
Let me begin with one measure that would significantly support small business owners across the country. For small businesses, we have reduced credit card transaction fees that allow them to reduce their costs and improve their bottom lines. This will make a huge difference.
For Canadians who need to borrow, cracking down on predatory lending by lowering the criminal interest rate by over 25% will make a real difference.
For consumers, we are tackling junk fees in this budget. Those are added costs that make our bills higher. From extra roaming fees to excessive baggage fees, tackling these will make a real difference.
For workers, imposing fair labour requirements for clean-tech workers and extending employment insurance support for seasonal workers will make a real difference. For people looking to enter the trades or the job market for the first time, our doubling of the tax credit for tools will make a real difference.
For first-time homebuyers, the brand-new tax-free home savings account will make a real difference for those looking to purchase a home. For consumers, we are implementing a right to repair instead of being forced to buy new products when we do not have to. We are going to ensure that Canadians can repair what they have already bought. That is going to make a real difference.
For students, increasing Canada student loan grants by 40% and broadening the waiving of the interest on student loans will make a real difference for young people across the country.
For the third of Canadians who do not have dental insurance, our new Canadian dental plan will make a real difference.
We know that to deliver on and maintain these achievements, we need to address the looming climate crisis head-on. That is why we made the green transition the pillar of our budget 2023.
Our government's recent decision to update the social cost of carbon further underscores our commitment to solving this problem. This measure quantifies what every one of us knows, which is that every tonne of greenhouse gas emissions causes not only environmental damage, but also economic damage. This is an essential tool for conducting evidence-based cost-benefit analyses.
Although significant progress has been made, there is still a lot of work to be done to meet the target we set for 2030, namely reducing emissions by at least 40% below 2005 levels and achieving net-zero emissions by the middle of the century.
That is why our budget is focused on building the green economy of tomorrow. Our budget acknowledges the global shift to clean energy and the need to reduce our dependence on dictatorships for critical supply chains.
Unlike the Conservatives, we understand that we need to address climate change head-on, and this budget reflects that urgency with historic investments in clean technology, green infrastructure and renewable energy projects.
The thing I find most interesting about the debate around the price on pollution is that Conservatives used to be advocates for market-driven mechanisms as a means to address economic and social issues. In fact, they were in favour of a price on pollution. However, the new Conservative opposition is of a completely different ilk. It has decided that a price on pollution is not the way to go; however, we do not know what its plan is.
Our price on pollution relies on the power of the market to drive behavioural change and incentives. We would think the Conservative Party would be in favour of that. However, instead of embracing this market-driven mechanism, Conservatives have been laser-focused on demonizing pollution pricing while putting nothing else forward. This is not simply about safeguarding our planet for future generations; it is also about seizing the moment in this global race to attract investments in clean technology. According to the International Energy Agency, the global market for clean-tech manufacturing alone will triple by 2030. That is $650 billion per year.
This is an immense opportunity for Canada, and the government is seizing that opportunity.
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- May/1/23 7:10:03 p.m.
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Madam Speaker, I think the Standing Orders are quite clear that speeches during late shows are supposed to address specific questions. There was some content that addressed the question, but to be clear, what we are discussing tonight is climate change, affordability and a question with regard to the strike of the Public Service Alliance of Canada, which I am very happy to share has reached a tentative agreement at the bargaining table.
Getting to the topic at hand, climate change is one of the most pressing issues we face today, and I am honestly disappointed that the member for Renfrew—Nipissing—Pembroke and her Conservative caucus still refuse to support meaningful action to address it.
While the economic impacts of climate change are daunting, so is the prospect of missing out on the immense opportunity the net-zero economy will provide. Over the coming decades, countries around the world will demand trillions of dollars' worth of net-zero solutions. We need to make sure that Canada maintains and strengthens our global leadership in this space.
Our pollution pricing system actually incentivizes the creation of new sustainable technologies and services while creating sustainable high-paying jobs, all while decreasing carbon emissions. I will remind the member opposite that she actually ran on a platform that supported pricing pollution. It is interesting to see her completely change her position. It was not because the facts have changed; if anything, the case has become a lot stronger. It changed simply because she wants to please her ideological leader.
Also, I would like to remind my colleague that our pollution pricing system is putting more money back in the pockets of those in Canadian households. The member knows that eight out of 10 households are actually better off with carbon pricing, and the remaining 20% are among our nation's highest-earning individuals.
If my colleague really supported making life more affordable, she would support pricing pollution and our affordability package. Our solutions are in stark contrast to those of the Conservatives, whose best ideas so far are to ignore climate change, raid the pension benefits of seniors and underfund our employment insurance system.
While inflation is global, it has gone down in Canada now for nine straight months. It is 4.3% today and is forecast to reduce further by summer. We know that the best way to fight the effects of inflation on affordability is for Canadians to have good-paying jobs. The good news is that a record number of Canadians are working. In fact, 865,000 new jobs have been created since the start of the pandemic, and Canada continues to enjoy historically low unemployment. At the same time, we have created the best economic growth in the G7 alongside the lowest deficit and net debt-to-GDP ratio. This fiscal advantage is what allows us to invest in making life more affordable.
Prior to budget 2023, our affordability plan provided up to $12.1 billion in new supports to Canadians who needed them the most. We have put forward solutions, such as permanently eliminating interest on federal student loans, introducing dental care, and creating the Canada child benefit and our Canada-wide early learning and child care program. These are meaningful solutions that have helped make life more affordable for Canadians.
I honestly think this place works best when we are coming together and finding solutions, so I would like to conclude by taking the opportunity to thank the member opposite for her support and her caucus's support of the grocery benefit. This particular benefit is a $2.5-billion investment that will help make life more affordable for 11 million Canadians and over 50% of our seniors. I think if we work together, we can come up with even more ideas to make life more affordable and grow an economy that works for everybody.
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- May/1/23 7:14:47 p.m.
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Madam Speaker, we had an election, and in that election the member opposite supported pricing carbon pollution. That is exactly what happened. That is a fact that anybody watching at home can look up.
Canadians can count on our government to continue supporting those who need it most while carefully managing our finances and protecting our environment. We have a responsible plan, and we are doing our part to make sure we bring down global inflation in Canada. In fact, inflation has come down every month for the last nine months and is forecast to be back within the target band later this year.
Despite these global challenges, we have continued to deliver for Canadians in the areas of affordability, child care and health care, and in transitioning to a sustainable economy with good, high-paying jobs. We have done this while maintaining our AAA credit rating and the best fiscal framework in the G7. We just came off a year with the best economic growth.
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