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Decentralized Democracy

House Hansard - 13

44th Parl. 1st Sess.
December 8, 2021 02:00PM
Context: House Hansard - 13 - Dec/8/21
Hon. Randy Boissonnault
  • Dec/8/21 8:27:57 p.m.
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Mr. Chair, businesses were supported, nine million businesses, by CEBA. That is the metric that we are following.
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Mrs. Tracy Gray
  • Dec/8/21 8:28:09 p.m.
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Mr. Chair, what is the average amount of debt? Surely the government should know this answer.
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Hon. Randy Boissonnault
  • Dec/8/21 8:28:13 p.m.
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Mr. Chair, our government is here to support Canadian businesses. What we did during the pandemic is what we will continue to do as we come through this.
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Mrs. Tracy Gray
  • Dec/8/21 8:28:21 p.m.
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Mr. Chair, does the minister acknowledge that some small businesses will likely have to go more into debt to afford the upcoming payroll tax increases?
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Hon. Randy Boissonnault
  • Dec/8/21 8:28:32 p.m.
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Mr. Chair, confidence is back and 106% of the jobs are recovered. Businesses are recovering. Businesses can afford the increases.
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Mrs. Tracy Gray
  • Dec/8/21 8:28:42 p.m.
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Mr. Chair, the finance minister often likes to quote people, so here is the quote from the CFIB: “Pausing the rise in CPP premiums for small businesses is one of the top priorities for CFIB.” Does the minister agree?
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Hon. Randy Boissonnault
  • Dec/8/21 8:28:53 p.m.
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Mr. Chair, pre-pandemic business confidence was high during the pandemic and it is back to pre-pandemic levels. Businesses have already included the CPP increases in their forecasts. They can afford this.
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Mrs. Tracy Gray
  • Dec/8/21 8:29:11 p.m.
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Mr. Chair, I am a little in shock with that answer considering how much small businesses have been through over the last two years. How many small businesses has the government consulted regarding the 2022 payroll tax increases?
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Hon. Randy Boissonnault
  • Dec/8/21 8:29:27 p.m.
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Mr. Chair, the CEBA helped over 898,000 small businesses survive. We will continue to support small businesses.
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Mrs. Tracy Gray
  • Dec/8/21 8:29:36 p.m.
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Mr. Chair, I was not referring to the CEBA. I was talking about CPP payroll tax increases. How many business groups has the government consulted on these increases?
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Hon. Randy Boissonnault
  • Dec/8/21 8:29:47 p.m.
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Mr. Chair, the Canada pension plan, or CPP, addresses significant challenges facing young Canadians who are saving for retirement.
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Mrs. Tracy Gray
  • Dec/8/21 8:30:04 p.m.
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Mr. Chair, will the minister commit to freezing the payroll tax hikes for 2022?
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Hon. Randy Boissonnault
  • Dec/8/21 8:30:08 p.m.
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Mr. Chair, the CPP strengthens one of our government's most successful social programs.
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Mrs. Tracy Gray
  • Dec/8/21 8:30:14 p.m.
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Mr. Chair, this is an unprecedented difficult time for entrepreneurs. Will the government freeze payroll tax hikes for 2022?
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Hon. Randy Boissonnault
  • Dec/8/21 8:30:19 p.m.
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Mr. Chair, we have invested billions of dollars in small businesses and we will continue to see them through the end of this pandemic.
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Mrs. Tracy Gray
  • Dec/8/21 8:30:27 p.m.
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Mr. Chair, being in this House most of today listening to a lot of debate, there were a lot of comments from the government side about the fact that we are still in a pandemic and it is a really difficult time. Based on that, will the government commit now to not increasing the payroll taxes for 2022?
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Hon. Randy Boissonnault
  • Dec/8/21 8:30:43 p.m.
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Mr. Chair, the Conservatives continue to undermine the CPP. They try to block the progress our government has made. What is it that they have against future generations having a good retirement and making sure that—
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The Chair
  • Dec/8/21 8:30:59 p.m.
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The hon. member for Kelowna—Lake Country.
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Mrs. Tracy Gray
  • Dec/8/21 8:31:02 p.m.
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Mr. Chair, the finance minister's office said they will review EI contribution rates. When is this review going to be completed?
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Hon. Randy Boissonnault
  • Dec/8/21 8:31:06 p.m.
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Mr. Chair, that is a reasonable question and the EI rate is under review.
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