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House Hansard - 282

44th Parl. 1st Sess.
February 14, 2024 02:00PM
  • Feb/14/24 4:16:01 p.m.
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I declare the motion carried. Accordingly, the bill stands referred to the Standing Committee on Environment and Sustainable Development.
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moved for leave to introduce Bill C-382, An Act to amend the Excise Tax Act and the Income Tax Act (extra-energy-efficient products). He said: Madam Speaker, I am pleased to rise today to introduce this legislation, with thanks to the member for Nanaimo—Ladysmith for seconding it. The bill would amend the Excise Tax Act to exempt extra-energy-efficient products from the GST and the HST, including heat pumps, household appliances, lighting fixtures, electric motors and electronics. It would also amend the Income Tax Act to provide a tax credit for the purchase of these products. This would put money back in people's pockets, reduce our energy consumption and encourage a shift towards more sustainable consumption. The bill represents a key investment in our future. Its urgency is underscored by the premature exhaustion of funds from the federal greener homes grant program. I urge all members to support this important initiative for a greener, more sustainable and more affordable Canada for all Canadians.
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  • Feb/14/24 7:46:50 p.m.
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Mr. Speaker, carbon pricing is an effective and essential part of any serious response to the global challenge of climate change. Carbon pricing works by putting a cost on the thing we do not want, which is greenhouse gas emissions, and adding value to the things we do want: clean air; reliable, affordable, clean energy; and sustainable jobs. The federal approach to pricing carbon pollution is designed with a focus on affordability. Its goal is to reduce pollution, not raise revenues. Our approach puts money back in the pockets of Canadians. In fact, eight out of 10 households get back more in the Canada carbon rebate payments than they pay as a result of the federal carbon pricing system. This has been confirmed repeatedly in independent studies, including by the Parliamentary Budget Officer. Evidence confirms that putting a price on carbon works. It spurs clean growth, supports jobs and cuts the pollution causing climate change.
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