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Decentralized Democracy

House Hansard - 142

44th Parl. 1st Sess.
December 6, 2022 10:00AM
  • Dec/6/22 10:57:43 a.m.
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  • Re: Bill C-32 
Madam Speaker, quite frankly there are small businesses in the member's riding, in my riding and in the ridings of the Conservatives, the Bloc, the Greens and the New Democrats that want to keep growing and want to make sure they are going to get some tax relief when they do. There are families looking forward to saving money so they can put it into a new savings account for their first home, but they cannot do that unless we vote and pass this law on to the next stage, unless we get to vote on Bill C-32. We are talking about making sure that hydrogen investments, clean-tech investments and the good labour agreements we need to build the economy for the future get passed into law. We are talking about billions of dollars of investment into our country. That is what is at stake. That is why we need to get to a vote.
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  • Dec/6/22 11:15:58 a.m.
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  • Re: Bill C-32 
Madam Speaker, I thank the hon. member for his insights and his comments because he is absolutely right. Canada's inflation rate is lower than that in the United States, Germany, the United Kingdom, the EU as a whole and other countries around the world. However, that does not make a difference to Canadians at home because they are feeling the pinch. We have Russia's illegal war on Ukraine. We still have a zero-COVID policy in China, and supply chains still have not fully opened up from the pandemic. All of this means that prices are going up everywhere. That is why we have very targeted, calibrated supports in this fall economic statement to help people buy their first home, eliminate student loan interest for students and apprentices, and make sure that small businesses are going to get a tax break when they need it the most. This is a smart investment in Canadians at the right time. That is why we need to move to the vote.
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  • Dec/6/22 12:33:01 p.m.
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  • Re: Bill C-32 
Mr. Speaker, I will start with the first part of the question of the member for Regina—Lewvan, in which he asserts that the Canada Infrastructure Bank has done nothing. My riding of Whitby, and across Durham region, has come up with a memorandum of understanding with the Regional Municipality of Durham to finance over 100 electric buses across the region over the next seven to eight years. To me, that is not insignificant. It is a huge investment, a $68 million investment. There will be loans that will be repaid. The Canada Infrastructure Bank is doing a lot of really good work, so I will take issue with that first off. On the price on pollution, in every jurisdiction in the world that has implemented a price on pollution, the evidence shows that it is by far the most effective market-based mechanism for fighting climate change. We disincentivize the wrong type of behaviour, the behaviour in our industries that pollute, and incentivize innovation and the uptake of technology that will help us get to net zero.
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  • Dec/6/22 4:19:24 p.m.
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  • Re: Bill C-32 
Madam Speaker, I listened to the member talk and what he did not mention at all is the Inflation Reduction Act that was passed in the United States and the government's response to that. At the international trade committee, we heard over and over again that investment is going to evaporate in Canada unless changes are made. There are a couple of little sprinkles here, but the IRA was introduced in August and it is now December. Why has it taken the Liberal government so long to meaningfully respond to the significant risk to Canadian businesses as a result of the Inflation Reduction Act?
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