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House Hansard - 312

44th Parl. 1st Sess.
May 9, 2024 10:00AM
  • May/9/24 2:31:38 p.m.
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Mr. Speaker, like a few other members of the House, we understand that we need to invest today to support Canadians. That is what we are doing. We also understand that to do so in a fiscally responsible way, we need to ask the wealthiest to pay their fair share. That is what we are doing. We understand that we need more competition in the grocery sector. We are doing that as well.
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  • May/9/24 2:32:50 p.m.
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Mr. Speaker, our government absolutely understands that now is the time to invest in Canada and Canadians, to invest in housing, to invest in affordability and to invest in economic growth. We know we have to do it in a fiscally responsible way, which is why we are asking those at the very top to pay a little bit more through an increase in the capital gains inclusion rate. When it comes to the grocery sector, we know that Canada needs more competition. That is why we have brought in a once-in-a-generation change to Canada's competition law.
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  • May/9/24 10:35:56 p.m.
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Mr. Speaker, I am proud that our government invested in General Motors to create more jobs than these announcements will create. The sad part about it is this: If we look at the investments the Liberals are bragging about, the foreign direct investments, the numbers are true; however, the only way they could get these companies to invest in Canada was through huge subsidization. The worry that I have here, and why this budget is so bad, is that we need to become more competitive; our productivity needs to work. The member for Whitby needs to understand that, and this budget and these announcements are doing absolutely nothing to help our future competitiveness.
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