44th Parl. 1st Sess.
June 7, 2023 02:00PM
We are finally at third reading of the budget implementation act, a critical piece of legislation. It is a bill that would enact our economic plan for Canadians. It is about creating more good-paying jobs. It is about growing our GDP, and it is about Canada staying competitive in the global market. This is important to me. It is important to every single member of the government. When I am asked in my riding what my priority is, or when a journalist wants to know what our government’s priority is, the answer is clear: It is the economy.
The Conservative leader, however, has made no secret of what his priority is. He stated it so very clearly. His priority is to “use all procedural tools at our disposal to block the budget from passing including 900 amendments, lengthy speeches, and other procedural tools”. This, I must emphasize, is not how Parliament is supposed to function. These 904 amendments are fake amendments. They are 904 motions calling on the government to delete the 904 clauses of the budget implementation act. It took hours of the Speaker's time just to read out those amendments and four hours to vote on them earlier today. This was after 40 hours of Conservative filibusters on the budget implementation act.
This is not even a serious attempt at preventing the passage of the budget. If that were the case, the Conservative leader would be trying to rally a majority of MPs in the House, but that is not what the Conservatives are doing; they are not trying to convince other parties or other members. These are simply stunts, ones that serve only to undermine the work of Parliament and to obstruct the democratic will of the House. Similar to those stunts, more of the same can be expected tonight. The leader of the Conservative Party said earlier today that he will keep speaking and keep blocking.
While the Conservatives are clapping, they perhaps would like to explain to Canadians why they want to block important benefits and programs: benefits for low-income workers and benefits for families, consumers and homebuyers. The Conservatives are blocking assistance for Ukraine, which is included in this bill before the House. The Conservatives are blocking an anti-flipping tax, when we know that speculation in the housing market is causing pain for Canadians. The Conservatives are stalling the next steps in our dental care plan, when we know that seniors would like to access this important support. The Conservatives are preventing low-income workers in this country from getting the support they need. The list goes on and on. Why are the Conservatives doing this? Why has this minority of members in the House of Commons decided to delay important benefits and programs for Canadians who need them?
It is simply because Conservatives do not believe that climate change exists or that we should take climate action in this country. That is the only logical conclusion, given the debates in the House. They do not believe the 99.9% of climate scientists when they tell us we need to substantially cut emissions if we hope to safeguard our environment for our children and our grandchildren.
As we all know, major economies around the world are moving at an unprecedented pace to fight climate change and build the net-zero industries the world needs now. As a country, we must seize this opportunity. The International Energy Agency estimates that the global market for clean-tech manufacturing alone will triple by 2030, to $650 billion U.S. per year. We cannot let that opportunity pass us by. Budget 2023 is the government's plan to seize that opportunity today and to lead the way in rapidly expanding global industries that will ensure that Canada can and will be a leader in that global economy.
I have to say that, in that race, the recent passage of the Inflation Reduction Act represents a major challenge to our ability to compete in industries that will drive the economy of tomorrow. If we do not act quickly, the magnitude of U.S. incentives will compromise Canada's ability to attract the investments necessary to make our country a leader in the clean global economy.
If Canada does not keep pace, it will fall behind. If we fall behind, that will mean fewer investments in our communities and fewer jobs for a whole generation of Canadians.
As we can see, economic imperatives are leading us toward the development of the green economy. However, that is not all.
It is also critical that we consider the devastating impacts that climate change is having on Canadians. Earlier this year, we witnessed this when an ice storm swept across much of Canada, including my community in Montreal, elsewhere in Quebec, and in Ontario. The damage was significant. Unfortunately, we know these storms will become more frequent due to climate change. Sadly, lives were lost. Now, as we all know, wildfires are ravaging communities across the country, leaving a path of destruction behind and literally making it difficult to breathe.
Today is actually Clean Air Day in Canada, a day meant to recognize how important good air quality is to our health, to our environment and, yes, to our economy. Today, in Ottawa, the air quality is rated at 10 plus, on a scale of 10, which means maxing out the scale entirely. This is the worst level on Environment Canada's Air Quality Health Index, and it indicates a very high risk to human health. If this does not serve to finally wake up the climate deniers in the House, I genuinely do not know what will. These natural disasters serve as yet another reminder of the urgent need to take action against climate change, to get our economy to make the green transition we all need, and to turn this into a real economic opportunity for Canadians as we create the economy of tomorrow. The time for action is now.
The transition to the clean economy will require massive investments, both public and private. For Canada to remain competitive, we must continue to build a framework that supports these types of investments in Canada, and that is what we are doing with this budget.
By making significant investments so that Canada does not fall behind in this period of tremendous change and opportunity, budget 2023 ensures that our clean Canadian economy will create prosperity, jobs for the middle class and stronger communities across the country.
The measures set out in Bill C-47 give us the means to match our ambitions, the means to chart a path to net zero and to good jobs for years to come.
Growing a clean economy, both here in Canada and around the world, will depend on our supply of clean electricity.
The good news is that Canada already has one of the cleanest electricity grids in the world. In fact, roughly 83% of our electricity comes from non-emitting sources, such as hydroelectricity, wind, solar and nuclear.
In budget 2023, the federal government is proposing significant investments to accelerate the supply and transmission of clean electricity. We will expand Canada's electricity grid, connect it from coast-to-coast-to-coast, and ensure that Canadians and Canadian businesses have access to cleaner and cheaper energy into the next century.
By way of example, budget 2023 proposes to introduce a 15% refundable tax credit for eligible investments in non-emitting electricity generation systems such as wind and solar; abated natural gas-fired electricity generation; stationary electricity storage systems that do not use fossil fuels in their operation, such as batteries, pumped hydroelectric storage and compressed air storage; and equipment for the transmission of electricity between provinces and territories. Both new projects and the refurbishment of existing facilities will be eligible.
This made-in-Canada plan follows the federal tiered structure to incent the development of Canada’s clean economy and provide additional support for projects that need it. With this plan we are introducing the necessary tools to put Canada’s electricity sector on the path to reducing its emissions to net-zero from the 56-megatonne CO2 equivalent in 2020, and to meeting our commitment to achieve a net-zero electricity grid by 2035.
We know that as we look to seize the opportunities presented to us in growing the clean economy of the future and building the opportunities of tomorrow, we must continue to support Canadians today. Since our election in 2015, our government's main focus has been on investing in the middle class, growing the economy, strengthening Canada’s social safety net and making life more affordable.
We have introduced the Canada child benefit, which has lifted hundreds of thousands of children out of poverty, including more than 15,000 in my riding alone. We have been giving millions of families a head start in giving their children the best start in life possible. We have increased the guaranteed income supplement for single seniors, increased old aged security and enhanced the Canada pension plan with our provincial partners, because we know that those who have contributed and given to this country for their entire working lives deserve to enjoy a secure and dignified retirement.
We know that without the involvement of women in our workforce, we will never succeed in building the economy we want. Because of that, in 2021 we made a historic investment in a Canada-wide system of affordable early learning and child care. That investment has already delivered a 50% average reduction in fees for regulated child care in this country. It has also brought down fees to just $10 a day in six provinces and territories in this country, with the rest on track to meeting this milestone in just a few years' time.
The statistics speak for themselves.
We have increased our employment by over 900,000 jobs since prepandemic levels. Our unemployment rate sits at just 5%, which is lower than prepandemic levels. Our labour force participation rate is at 65.6%, well above that of the United States, and our labour force participation rate for women in their prime working years is at a record high of 85.2 %. We have also had the fastest year-over-year growth of any country in the G7. That is right. It is right here in Canada.
We have made a lot of progress over the years in supporting Canadians, but we also know that millions still find it difficult to make ends meet. Budget 2023 was developed with a dual purpose in mind: supporting Canadians who need the help and need the government to step in to help them make ends meet today, while laying the foundations to build the economy that Canadians need tomorrow, with good-paying jobs. We cannot have one without the other. We cannot build an economy for the future without supporting the most vulnerable in our society today, and that is a challenge our government is ready to meet.
Predatory lenders often take advantage of some of the most vulnerable people in our communities, including many low-income Canadians, newcomers and seniors, often by extending very high interest rate loans. That is why in our budget implementation bill, we proposed that the federal government lower the criminal rate of interest under the Criminal Code from 47% to just 35% and launch consultations on whether that rate should be further reduced. Today’s legislation also proposes to adjust the Criminal Code's payday lending exemption to impose a cap on the cost of borrowing charged by payday lenders.
Another topic is supporting our young people. Supporting post-secondary education not only is one of the best ways to continue to make life more affordable, but also prepares the next generation of Canadians with the skills they need to succeed. The cost of getting a post-secondary education has risen in recent years for many Canadians. RESPs are an important part of saving for that education. In a typical year, about 500,000 students withdraw funds from their RESPs to support their education. However, the withdrawal limits have not increased in 25 years.
That is why, in the legislation before this House today, we are proposing to increase limits on those withdrawals from $5,000 to $8,000 for full-time students and from $2,500 to $4,000 for part-time students. We are also proposing to allow divorced or separated parents to open a joint RESP for their children, which would ensure more young Canadians have the opportunities they wish.
I would also like to quickly address another aspect of the bill before us this evening. The changes that this bill makes to the Canada Elections Act confirm that Parliament has always intended that the Canada Elections Act should regulate uniformly, exclusively and comprehensively the federal political parties with respect to privacy.
Parliament has already established a set of exclusive, comprehensive and uniform rules for the collection, use and disclosure of personal information by federal political parties, requiring political parties to establish and comply with privacy policies governed by the Canada Elections Act.
Some provincial privacy commissioners have questioned this interpretation, and this piece of legislation before us confirms that the intention of the Canada Elections Act has always been that voters across Canada benefit from that same set of privacy rules during federal elections.
Communication with voters is at the very heart of politics, and the collection, use and disclosure of information is essential to that communication. This legislative measure will provide important certainty. MPs, federal political parties, candidates, campaigns, party officials and volunteers will be subject to a single, comprehensive and uniform set of federal rules for the collection, use and disclosure of information, and no province will be able to separately regulate or restrict the ability of MPs, federal political parties, candidates, campaigns, party officials and volunteers to communicate with voters or to collect and use their information.
I would like to conclude by saying that, thanks to the measures in Bill C-47 and others in budget 2023, we have the opportunity to build a clean, prosperous and sustainable economy right here in Canada. This will benefit not just ourselves and our children, but also our grandchildren in every part of this magnificent country. The time has come to seize this opportunity and to move forward.
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