- Member of Parliament
- Member of Parliament
- Liberal
- Halifax West
- Nova Scotia
- Voting Attendance: 68%
- Expenses Last Quarter: $116,563.05
- Government Page
- Feb/28/24 3:12:53 p.m.
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Mr. Speaker, the lobster industry is a crucial part of the economy in the Atlantic provinces. Last week, Conservative MPs from Ontario and Alberta saw fit to shockingly attack this industry, the economy of our region and, by definition, the women and men who make the industry thrive.
Can the Prime Minister tell fishers from my region why, contrary to the opposition, we will always promote this important industry abroad?
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Madam Speaker, I am pleased to rise today to speak to Bill C-59, the fall economic statement implementation act, 2023.
This legislation, which would deliver on key measures from our fall economic statement, would advance our plan to make life more affordable, build more homes faster and develop a cleaner economy that works for everyone.
This is the next step in our economic plan that, since 2015, has supported people in Halifax West and across the country through the Canada child benefit, enhanced benefits and pensions for seniors, stronger public health care and a Canada-wide system of affordable early learning and child care. These investments have helped bring us to today, when we have seen a strong recovery with a million more jobs in Canada than before the pandemic, a record number of working-age women in our labour force and, just last month, wages growing at the fastest pace in three years. In fact, wage growth has outpaced inflation for 11 consecutive months now, but we are not out of the economic woods yet.
Inflation is still high, higher than where we would like it to be. Elevated prices continue to put pressure on Canadian families. I hear about that every day from my constituents.
Over the past year, the federal government has taken more steps to make life more affordable for people in this country who need it.
It is no secret that we need to do much more.
This bill is part of that work.
There are a number of things I can talk about that Bill C-59 would do for Canadians. It would remove the GST and HST on counselling and psychotherapy services to make mental health care more affordable. It would extend employment insurance benefits to parents who adopt, better supporting those families.
Right now, adoptive parents are entitled to EI parental benefits, but not to the 15 weeks of maternity benefits.
It would create new, paid leave for federally regulated workers to support families who experience pregnancy loss.
A truly strong economy and labour force are built upon compassion and an understanding of the difficult situations some families encounter.
Bill C-59 would also introduce new measures to further our economic plan and continue supporting a strong middle class. It would achieve that by enshrining our suite of clean investment tax credits in law, all while providing businesses with an incentive to pay a prevailing union wage. That is huge.
This is the first time in Canada's history that investment tax credits are contingent upon such labour requirements.
Let us bring this back to my own community in Halifax West. The two things I hear about most these days, especially since we signed our transformative health care deal with Nova Scotia, are affordability at the grocery store and the need for more housing. This bill would introduce both.
On housing, Bill C-59 would remove the GST on new rental home construction for co-op housing, complementing the action we took in the fall and spurring new construction. Let us recall just how much we have done to increase housing supply over the last several months, because it is major. We are investing $1 billion more in affordable units like non-profit, co-op and public housing. We are helping build 30,000 more rental units by extending $15 billion in additional low-cost financing to builders. We are reforming the apartment construction loan program to offer low-cost loans to build more student housing on and off campus, a move that I know Dalhousie, Mount Saint Vincent and St. Mary's universities are all looking at closely.
We are launching a home design catalogue so pre-approved designs, including modulars, that can benefit Atlantic Canada specifically can be used to build more homes faster. We are funding 222 new units of public housing in Nova Scotia, the first expansion to our public housing stock in decades. We are unlocking 9,000 more units in HRM over the next decade by funding Halifax's housing action plan through our housing accelerator.
While Conservatives pick fights with elected mayors and councils, we work with them, providing the right incentives and getting major changes made so we can build homes faster in Canada. That is the way forward: collaboration.
We are going to get more homes built for Canadians, and we are also tackling the problem of high grocery prices head-on through a generational change to competition law in Canada. Bill C-59 is part of that. How is it? By amending the Competition Act and the Competition Tribunal Act, building on changes we have proposed in Bill C-56, we would help stabilize prices and improve consumer choice. This includes supporting Canadians' right to repair; further modernizing merger reviews; enhancing protections for consumers, workers and the environment, including improving the focus on worker impacts and competition analysis; empowering the commissioner of competition to review and crack down on a wide selection of anti-competitive collaborations; and broadening the reach of the law by enabling more private parties to bring cases before the Competition Tribunal and receive payment if they are successful.
I know I welcomed this week's news that the Minister of Innovation, Science and Industry is calling on the Competition Bureau to use its new powers to take another look at the cost of groceries in Canada. This is how we crack down on tactics that big corporations use to raise costs for Canadians.
Is there more we need to do to act on these two top voter priorities? The answer is yes, absolutely.
On this side of the aisle, we are going to stay focused on them both, fully in solution mode.
All members will have the opportunity to take part in this work, and that starts by supporting Bill C‑59.
Let us support the swift passage of Bill C-59, and let us keep working together on solutions to the challenges Canadians are facing at this time.
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Madam Speaker, it is always an honour to rise on behalf of my constituents in Halifax West.
Today, I do so to speak to the fall economic statement, the so-called mini-budget, which updates Canadians on the state of our economy and announces new measures to drive growth and make life more affordable.
I think it is important that my constituents and Canadians hear some of the key points, and I want to talk a bit more about some of the measures set out in the statement that I think are particularly welcome.
Let me start with the broader economic context.
After one of the most significant economic disruptions of our lifetime, we have come roaring back. We have experienced stronger economic growth in 2022 than the rest of the G7 countries. In October, our unemployment rate was 5.2%, close to the record lows we observed earlier this year.
There are 400,000 more Canadians working today than before the pandemic.
We are now forecasting a deficit of $36 billion this year, down 30% from what was projected in budget 2022. Among the provinces, Nova Scotia has has had the third-highest change in employment relative to prepandemic levels.
However, high global inflation and rising interest rates are making life more expensive. We only need to look at the prices at the grocery stores or when filling our cars with gas. Believe me, I have done both, so I know.
Our challenge now is to provide relief to Canadians without adding fuel to the inflationary fire. That is why our government is taking prudent, targeted action to grow the economy, support those who need it most and ensure that Canada has room to respond to a potential global economic slowdown. If the forecasts are to be believed, we need to protect our fiscal capacity.
That is the path we are taking.
In this year's fall economic statement, the following measures spoke to me.
We are launching the Canada growth fund to make key strategic investments in our economy that will attract substantial private sector investment and accelerate our net-zero transition and the adoption of clean technologies.
We are automatically issuing advance payments of the enhanced Canada workers benefit, which puts up to $1,200 back into the pockets of Canada's lowest-paid workers each year.
We are providing up to $1 billion through the disaster financial assistance arrangements to support the recovery from hurricane Fiona in my region.
We are making it easier to enter the housing market by creating the new tax-free first home savings account, doubling the first-time homebuyers' tax credit, introducing a new multi-generational home renovation tax credit and fully taxing the profits from flipping properties that are held less than 12 months, with some exceptions.
We are creating a competitive clean technology tax credit to empower our companies to compete internationally, create jobs and reduce their emissions.
We are putting $250 million toward the training and upskilling of Canadian workers to equip them for sustainable, good-paying jobs in the lower-carbon economy we are building.
These important measures are on top of the affordability plan we have already introduced, the GST credit payment we just delivered to some 33,000 recipients in Halifax West and the dental and rental benefits that are working their way through the Senate.
I want to zero in on a few issues I have heard about most in my riding.
The first is our move to permanently eliminate interest on Canada student loans and Canada apprenticeship loans, including on those that are currently being repaid. This is significant support for our students and will put money back into their pockets. Through the repayment assistance plan, borrowers can now pause their repayments until they make at least $40,000 a year.
It was so encouraging for me to hear the response from my community when this measure was unveiled. In fact, after the fall economic statement came out, I went back to my riding and attended the installation ceremony of Dr. Joël Dickinson as president and vice-chancellor of Mount Saint Vincent University. She was so excited by the change and what it will mean for students that she mentioned it in her speech. She also talked about her personal experience as a student.
Just the other day, my assistant pulled me aside to share a message he received from a friend whose partner was thrilled to hear about the measure. I will quote him: “He literally did a happy dance...and once I qualify for loans again it might make it less scary for me to consider going back to school.”
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