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Decentralized Democracy

House Hansard - 254

44th Parl. 1st Sess.
November 23, 2023 10:00AM
  • Nov/23/23 12:59:48 p.m.
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  • Re: Bill C-56 
Madam Speaker, I would save that debate for when the fall economic statement comes forward. Today we are discussing Bill C-56. While I cannot speak to the impact of the GST, I can say that in my community of Newmarket—Aurora, there is one project that will provide us with 568 new units. These were ready to go, but the business model was not effective until the GST was implemented. In a community of 24,000 housing units, that number is quite significant, so we cannot take away from the fact that this is a progressive measure that will help many communities like Newmarket—Aurora.
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  • Nov/23/23 1:01:29 p.m.
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Madam Speaker, I thank my colleague for raising the concerns of her riding. Frankly, my heart breaks to hear that this type of inequity is going on. Our government is committed very much to prioritizing relief for remote areas, and hopefully there will be further discussion on that when we get to the fall economic statement.
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  • Nov/23/23 6:37:30 p.m.
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  • Re: Bill C-56 
Madam Speaker, Bill C-56 has a fairly narrow focus, but that is why we were hoping, not only through the fall economic statement but in the budget next year, to start to see measures that would address this. I will remind the member that we got to the rates we are at today precisely because of the corporate profits that have been driving inflation. If Canadians want to understand why rates are so high, it is because we are trying to cool down a market that was caused by corporate greed. It was caused by oil and gas companies having net profits go up by over 1,000% in three years. It was caused by grocery CEOs digging in their greedy hands, off the backs of working families. If we want to truly calm inflation down, we have to stop the policies that are championed by both the Conservatives and the Liberals. We need to swing the pendulum back in favour of working families, and stop the corporate deference that both of these parties love to champion whenever they are in government.
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