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Decentralized Democracy

House Hansard - 178

44th Parl. 1st Sess.
April 17, 2023 11:00AM
  • Apr/17/23 12:42:38 p.m.
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Madam Speaker, would the member be able to advise us on the debt service interest and he how he sees it going forward? It would be nice to know the exact number based on the budget. How does he see things developing further in the future?
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  • Apr/17/23 1:28:05 p.m.
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Madam Speaker, the member for Surrey Centre spoke about the first home savings account. It is expected to cost at least $1.4 billion a year, but it is disproportionately going to go to higher-income Canadians, families that, for example, have the means to gift their kids or grandkids a $40,000 tax-deductible, tax-sheltered nest egg. I wonder if the member could comment on his interest in potentially working to improve what is being proposed right now or to redirect those funds to what we do need: investments to build the non-market affordable housing that would help address the housing crisis we are in.
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  • Apr/17/23 2:41:01 p.m.
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Mr. Speaker, we must recognize all the work that our farmers do. They work extremely hard and know that they bear the pressure for feeding us in these challenging times. We want to help them in different ways. In the recent budget, we increased the interest-free portion of the advance payments program. They can receive up to $350,000 interest-free. We also clarified the intergenerational business transfer framework.
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