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House Hansard - 305

44th Parl. 1st Sess.
April 30, 2024 10:00AM
Context: House Hansard - 305 - Apr/30/24
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Apr/30/24 3:00:43 p.m.
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Mr. Speaker, this budget is about fairness for every generation. It is about making the essential investments in housing, in affordability, in economic growth. We agree with the idea behind the question, that the way to finance those investments is to ask those who are doing the best in our society to contribute a little more. That is why, in the budget, we are proposing to increase the capital gains inclusion rate. We hope all members will support that.
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Context: House Hansard - 305 - Apr/30/24
Mr. Greg McLean (Calgary Centre, CPC)
  • Apr/30/24 3:20:26 p.m.
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Mr. Speaker, parts of my colleague's speech were spot-on. The amount of economic activity that is going to be engendered by the completion of the Trans Mountain pipeline is very significant for this country. It has been held up by this government's process for far too long, and we need to get past it. I thank the member for that acknowledgement here on the floor of the House of Commons. The member has always been a supporter of Canada's oil and gas industry, and I really appreciate what he brings to that bench in that respect. However, he was a data analyst in finance before he came to the House, and I will question his numbers as far as Canada's economic performance goes. Canada's finance minister manages to come up with a number where she plays games by including a whole bunch of assets on Canada's balance sheet that are not assets of the Government of Canada, such as Canada Pension Plan Investment Board money, which belongs to Canadians and is not going to be retracted from, and the Quebec pension plan, where the money belongs to Quebeckers and will not be pulled back from them. To actually include that is—
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