44th Parl. 1st Sess.
November 4, 2022 10:00AM
- Nov/4/22 11:23:22 a.m.
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Madam Speaker, the fall economic statement shows that we are continuing to chart a fiscally responsible course. Canada has the lowest net debt and the lowest deficit-to-GDP ratios in the G7. Since the previous budget, we have decreased our deficit by $16 billion, and there are 500,000 more Canadians working today than before the pandemic, making Canada's economic growth the strongest in the G7. Investing in Canada, investing in Canadian workers, is exactly the right decision, and that is what we are doing.
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- Nov/4/22 11:23:51 a.m.
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Madam Speaker, Canada actually has the lowest projected growth of any advanced economy in the G7. That is on the 25th page of the last budget. The spending of the government is 30% higher. Does one think it is irresponsible that an inflation tax is eating into the paycheques of middle-class Canadians? One in five families are cutting down on their diets. The Prime Minister spent $6,000 a night on the most expensive hotel room in London, while Canadians cannot even pay their rent.
They know and they see the hypocrisy that every other Canadian sees. Why will the member not just finally condemn it?
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- Nov/4/22 11:24:32 a.m.
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Madam Speaker, I am happy to talk about the fall economic statement, because it puts forward a plan that grows our fiscal advantage by continuing to reduce our debt-to-GDP ratio, creating new and sustainable jobs through the Canada growth fund, reducing credit card transaction fees for small businesses, accelerating Canada clean's transition, commercializing Canada's world-class research and development, investing in youth employment and cutting taxes for small businesses. We are making life more affordable. We are growing an economy that works for everyone.
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- Nov/4/22 11:25:00 a.m.
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Madam Speaker, the major PR campaign undertaken by the Minister of Finance has proven once again just how disconnected the Liberals are from the daily lives of Canadians. They have completely failed to present a solution to the cost of living crisis caused by out-of-control Liberal inflationary spending.
The Conservatives had two requests: no new taxes and no new spending without matching it dollar for dollar in savings. The government is proposing even more spending, which will make the cost of living crisis worse. There is $21 billion in new spending.
Why did the Liberals refuse to cancel the tax hikes?
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- Nov/4/22 11:25:34 a.m.
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Madam Speaker, I thank my hon. colleague for his question. It is a pleasure to rise and speak about our economic update.
Today is actually the day that 11 million Canadian households will see the the goods and services tax credit deposited in their bank accounts. I find it astounding that the Conservative members are talking about tax hikes. I am talking about tax credits, the doubling of a tax credit for 11 million Canadians. That is real money in the pockets of those who need it.
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- Nov/4/22 11:26:08 a.m.
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Madam Speaker, the reality is that there is a cheque in the mail, but also a credit card bill that is higher than it has been in years in Canada because this government's inflationary spending has caused the price of absolutely everything to go up. It costs more to get groceries, fill up on gas and heat our homes in the winter. We had two demands, to help all Canadians by not introducing any new tax increases effective January 1, and by not tripling the carbon tax.
Why are the Liberals refusing to help all Canadians? Why are they moving forward with their inflationary taxes?
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- Nov/4/22 11:26:54 a.m.
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Madam Speaker, we know that eight out of 10 families are receiving more money through the credit than what they pay as part of the price on pollution. I think the Conservatives did not read our economic update yesterday.
In fact, we are helping more than 500,000 workers in Quebec with our new Canada workers benefit. That is $1,200 for every single, hard-working Canadian. Why do the Conservatives not want to help Canadian workers?
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- Nov/4/22 11:27:32 a.m.
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Madam Speaker, immigration is a blessing. However, based on the new thresholds they announced, the Liberals are completely out of touch with Quebec's situation. It seems they have forgotten that Quebeckers must provide all the services newcomers may expect such as housing, health, education and, above all, francization. In short, everything that helps people integrate.
Why are the Liberals so intent on Quebec exceeding its capacity for integration or, failing that, losing its political weight?
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- Nov/4/22 11:28:10 a.m.
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Madam Speaker, if Quebec wants to welcome francophone immigrants, we are there to help them. If Quebec wants to resolve the labour shortage, we are there to support it. If Quebec wants more, we are always there to help.
Quebec has all the tools it needs to welcome francophone immigrants, to help communities grow and to protect French. We will continue to be there to ensure that more people immigrate to Quebec.
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- Nov/4/22 11:28:49 a.m.
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Madam Speaker, the problem is that the federal government is not listening to what Quebec wants. It throws out a number, 500,000 immigrants, and thinks it has done its job. Immigration is not just a number. It is also about meeting people's needs.
The federal government is incapable of providing its fair share of funding for housing and health. It is incapable of processing applications for permanent residency and citizenship in less than about a century and a half. This summer, it was incapable of printing a basic piece of photo ID, a passport. The federal machine is broken.
Could the government start by fixing the machine before bringing another 500,000 people into the country?
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- Nov/4/22 11:29:26 a.m.
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Madam Speaker, as the member opposite knows very well, the Canada-Quebec accord gives Quebec the exclusive authority to select the majority of its immigrants.
We have always respected Quebec's jurisdiction with respect to immigration, and we will always work closely with Quebec to support its objective of welcoming the immigrants it needs to ensure business development and the vitality of the French language.
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- Nov/4/22 11:30:00 a.m.
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Madam Speaker, the NDP knows that governments need to be there to help people, especially in tough times. Families across this country are struggling. Everything costs more because of the greed of the wealthiest.
In health care, emergency rooms are overflowing. People are waiting endless hours for care. The Liberals admit that we are heading into a recession, but they have not fixed the EI system. Times are tough and the Liberals are clearly not doing enough.
Why are the Liberals turning their backs on families in need?
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- Nov/4/22 11:30:37 a.m.
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Madam Speaker, we are there for vulnerable Canadians. Yesterday's economic statement detailed several measures, including double the GST credit, which 11 million Canadian households will receive today.
The NDP member talks about spending more to help Canadians. We know we cannot add fuel to the fire of inflation, but we have targeted measures to help the most vulnerable Canadians.
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- Nov/4/22 11:31:11 a.m.
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Madam Speaker, it is no secret that grocery chains and big oil companies are making record profits, all while Canadians cannot pay the bills. Not once in the government's fall economic statement did it acknowledge that corporate greed is driving up the cost of everything. The Liberals and Conservatives are standing by and doing nothing, while the wealthiest CEOs take advantage of hard-working Canadians. Families are doing everything right, but they are falling further behind.
When will the government stop partnering up with CEOs and start working for Canadians?
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- Nov/4/22 11:31:49 a.m.
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Madam Speaker, global inflation is affecting all of the world economies, but Canada's strong fiscal position is helping us make life more affordable. Today, 11 million households will be receiving money in their bank accounts thanks to the doubling of the GST benefit.
We are continuing to make sure that everyone continues to pay their fair share. We are doing this by implementing the Canada recovery dividend, by taxing share buybacks in public companies and by strengthening anti-tax avoidance measures. It is the right thing to do, and we are going to keep doing it.
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- Nov/4/22 11:32:18 a.m.
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Madam Speaker, yesterday’s fall economic statement continues the inflationary spending of the costly coalition and fails to stop tax increases. Temperatures in Alberta have dropped below zero as the province gets blanketed in snow. Albertans are firing up their furnaces and are seeing their gas bills soar as the carbon and inflation taxes eat up their paycheques.
Why will the Liberals not give Canadians some relief and cancel their plan to triple tax on home heating?
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- Nov/4/22 11:32:47 a.m.
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Madam Speaker, Canadian workers need and deserve a robust industrial policy that will deliver good, sustainable and clean jobs. The Canada growth fund will help deliver billions of dollars of new investment required to reduce our emissions, grow our economy and create high-paying jobs.
We are replacing inefficient fossil fuel subsidies with major investment credits for clean technologies and clean hydrogen. We are creating a sustainable jobs training centre to help Canada's unions ensure that our workforce is ready to prosper in our growing, clean economy.
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- Nov/4/22 11:33:19 a.m.
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Madam Speaker, the Liberals are also hiding the fact that they are going to hit workers with a second carbon tax by the end of this winter that is going to cost them an extra $1,300. Inflationary spending, the Liberal inflation tax and the carbon tax are increasing the cost of essentials while sending more Canadians to food banks. While the costly coalition attacks Canada’s energy sector, our workers, seniors and families are paying the price.
Why will the Liberals not give Canadians relief and cancel their plan to triple taxes on home heating?
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- Nov/4/22 11:33:53 a.m.
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Madam Speaker, we know there is an affordability challenge across the country. That is why my residents were so happy that the finance minister introduced a number of measures to address the affordability challenge.
Speaking of affordability, that is why it is so important that the climate action incentive puts more money into people's pockets, and eight out of 10 families will benefit from it. In fact, in the member's home province, that is going to mean up to $1,100 for a family of four. We are delivering on affordability and we are fighting climate change.
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- Nov/4/22 11:34:32 a.m.
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Madam Speaker, the feedback from my community on the fall economic statement was not positive. Yesterday, I had someone ask how long they will have to wait for this nightmare to end, and another said the Liberals have a boot in Canadians' backs. On this side of the House, we have been calling on the government continually to stop its inflationary tax increases. Of course, we have seen that this is not what the government is doing.
Why will the Liberals not cancel their plans to triple the taxes on gas, groceries and home heating?
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