44th Parl. 1st Sess.
June 23, 2022 10:00AM
- Jun/23/22 2:21:37 p.m.
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Mr. Speaker, we understand that the cost of living is a major concern for Canadians, and that is why we have taken concrete steps to help the most vulnerable Canadians.
We increased the Canada workers benefit, so a family of three will get $2,400 more this year. We increased old age security by $815.
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- Jun/23/22 2:30:13 p.m.
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Mr. Speaker, we understand that the cost of living is a very important and difficult issue for many Canadian families. We understand that housing is one of the biggest challenges, and that is why our budget targeted the very complicated housing issue.
We are going to invest in housing and build homes for Canadians. We are going to give those who are struggling the most an extra $500 for housing.
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- Jun/23/22 2:53:59 p.m.
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Mr. Speaker, the Conservatives really need to pick a lane when it comes to economic policy. Half of the time we hear them proposing tax expenditures, and then the other half of the time they accuse us of spending too much money to support Canadians.
During COVID, we did support Canadians and that was the right thing to do. We had a policy that was relentlessly focused on jobs recovery. It has worked, because 117% of jobs were recovered compared with just 96% in the U.S.
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- Jun/23/22 2:55:27 p.m.
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Mr. Speaker, we absolutely understand that the cost of living is a real challenge for Canadians. I would start by pointing out that having a job is the single most important thing for most Canadians when it comes to affording the cost of living. That is why an unemployment rate at 5.1% is really important, and it is something we work together to achieve.
I also want to say that I know Canadians are smart and I know that Canadians understand inflation is a global phenomenon. This is Vladimir Putin's inflation, and Canadians know it.
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- Jun/23/22 2:57:31 p.m.
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Mr. Speaker, our government absolutely understands that fiscal restraint is an important part of our fight against inflation.
That is what we put forward in the budget in April, as recognized by S&P with our AAA credit rating. In fact, Canada is tied with the U.S. for the fastest rate of fiscal consolidation of debt and deficit reduction in the G7.
I know that the member opposite ran in the election last year and I would like to remind him that on the campaign trail, they actually proposed more spending and a bigger deficit than we did.
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- Jun/23/22 3:02:10 p.m.
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Mr. Speaker, we absolutely recognize that affordability is a real challenge for many Canadian families. That is why we are so glad that in this year's budget and in last year's budget, we put in place affordability measures that are coming on tap now, that are supporting Canadian families today in meaningful ways.
Let me talk about the Canada workers benefit. This is for our most vulnerable working poor, with $2,400 arriving, starting in April.
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- Jun/23/22 3:03:39 p.m.
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Mr. Speaker, when I was growing up, the saying was actually “Tory times are tough times”, and that is what Canadians in the Prairies understand. I want to tell colleagues what is out of touch. What is—
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- Jun/23/22 3:04:27 p.m.
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Mr. Speaker, let me tell colleagues what is really out of touch. What is out of touch is not to understand that the single most important thing for the vast majority of Canadians is to have a job. That is why we will never apologize for a relentlessly jobs-focused approach to the post-COVID recovery, with 117% of jobs recovered, compared to just 96% in the U.S.
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- Jun/23/22 3:14:39 p.m.
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Mr. Speaker, as Canadians, we know how important it is to get our resources to market and to get fair value for them. Russia's war in Ukraine is yet another reason Canada needs to be concerned about energy security for ourselves and for our allies. The government does not intend to be the long-term owner of this project. A de-investment process will be initiated once the project is more advanced, de-risked and, critically, when consultations with indigenous peoples are completed.
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- Jun/23/22 3:15:56 p.m.
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Mr. Speaker, I thank the member for the question because it gives me a chance to talk to Canadians about the measures we have in place to help them with affordability. This year, there will be a $500 payment to help Canadians who are facing challenges with housing affordability because we know that is a real challenge for many. This year, the OAS is going to increase by 10%. That means seniors 75 and older will get an additional $815.
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