44th Parl. 1st Sess.
June 11, 2024 10:00AM
- Jun/11/24 3:02:01 p.m.
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Mr. Speaker, I appreciate my hon. colleague's concern. He knows that I am concerned too. I did meet them and I appreciate the work that he has done with the farmers but he is well aware that AgriRecovery is a joint effort between the Government of Canada and the provincial governments across the country.
I can share with the House that we have been working closely with the Government of Quebec and that things are progressing well. I know the farmers need the money, and we will work as fast as we can, making sure that we follow proper procedures to get the money in the hands of the farmers as quickly as we can.
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- Jun/11/24 3:02:44 p.m.
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Mr. Speaker, while the Weather Network is predicting another high-risk summer for natural disasters, the federal government has yet to provide any compensation for last year's disasters. We are not off to a good start.
What is the result? One in five farms is unable to pay its debts. One in ten farms wants to shut down within a year. Emergency assistance is urgently needed. Farmers have been calling on Ottawa for almost a year now. Quebec called for the program to be triggered seven months ago.
Will the minister finally trigger the AgriRecovery program now?
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- Jun/11/24 3:03:26 p.m.
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Mr. Speaker, I appreciate my hon. colleague's question and concern. I am fully aware that the farmers need the funding as quickly as possible. There is a procedure to follow. I think my hon. colleague is well aware that we are following that procedure with the Quebec government, and as soon as I possibly can, and it is approved, I will make sure the money is in the hands of the farmers, which is much needed, as quickly as possible.
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- Jun/11/24 3:03:57 p.m.
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Mr. Speaker, during a housing crisis, the Liberal finance minister is making things worse.
The new capital gains tax will kill investments in Canada and drive up the cost for those who provide housing. Rental experts are saying that the consequences of this tax hike would be disastrous in the short, medium and long term, citing concerns for viability of long-term investment. This will lead to fewer places to rent and more costs to renters.
Canadians are already facing the highest average asking rent ever. So, how is it fair that the Liberals are putting the brakes on new housing when Canadians can barely afford to rent?
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- Jun/11/24 3:04:41 p.m.
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Mr. Speaker, let us remember that this member is from a party whose leader got seven affordable units built when he was in charge of housing. Let us remember that the Conservatives' housing plan would actually put more tax on home builders, and let us remember that this is the party that believes in cuts, cuts, cuts. They are going to cut dental care. They are going to cut pharmacare. They are going to cut early learning and child care.
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- Jun/11/24 3:05:21 p.m.
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Mr. Speaker, that member has lost all credibility with Canadians, and a job-killing tax on health care, homes, farms and small businesses is the last thing that Canadians need right now in a cost of living crisis.
This new tax will not build any homes; it will only discourage investment in purpose-built rentals. Richard Lyall, residential construction expert, said there's “not a chance” the Liberals will meet their own housing targets.
Housing starts are down, and this tax hike will only make it worse. The Prime Minister is not worth the cost. How is it fair that the Liberals are raising taxes when homebuilding starts are down?
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- Jun/11/24 3:06:04 p.m.
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Mr. Speaker, with all due respect to the member, she talks about credibility, but she was at the House of Commons committee meeting responsible for housing when an expert from the rental sector told her that her party's position on not waiving GST for the building of purpose-built rentals was deeply irresponsible. On top of that, she voted against her community of Kelowna getting almost $32 million to incent zoning changes that will lead to the building of 20,000 homes over the next 10 years.
That is the Conservative Party. Its members identify problems, but they never offer solutions.
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- Jun/11/24 3:06:51 p.m.
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Mr. Speaker, after nine years of this Liberal government, rents are skyrocketing and affordable housing is getting scarcer.
Canadians are struggling and now the Prime Minister wants to make the situation worse by adding a tax on housing. The Corporation des propriétaires immobiliers du Québec says that adopting this measure would result in even higher rents, which is definitely something to avoid, given the current context.
This Prime Minister wants to increase taxes on housing in the midst of a housing crisis. How is that possible?
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- Jun/11/24 3:07:31 p.m.
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Mr. Speaker, I have good news for my colleague opposite. This morning, Statistics Canada reported that April saw a record number of new building permits granted. In fact, 22,600 new permits were granted in a single month. That number, 22,600, is far greater than 6.
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- Jun/11/24 3:08:01 p.m.
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Mr. Speaker, on this side of the House, we know that the countries that create major inequalities between the rich and the poor end up failing. Whether we are talking about child care, the Canada child benefit, dental care, affordable housing and so on, we are there to support those who need it. In Canada, we are bringing in a fairer tax system for all generations.
Can the minister tell us what our government is doing to strengthen our social safety net, which benefits all Canadians?
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- Jun/11/24 3:08:32 p.m.
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Mr. Speaker, it makes no sense for a nurse to pay a higher tax rate than a multi-millionaire. That is currently the situation.
We have a duty to ensure fairness. By increasing the capital gains tax, we will invest more in housing, more in prescription drugs, more in the social safety net.
Today, it is clear that the other side of the House has chosen a camp, that of the multi-millionaires.
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- Jun/11/24 3:09:06 p.m.
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Mr. Speaker, the Liberals will do anything to make people believe that they are standing up for the middle class, but people are not buying it after nine years of reckless policies that have exacerbated inequalities.
Now, the Liberals are going after the dead and grieving families with the federal capital gains tax. We are talking about a tax hike on inheritances.
Are the Liberals so desperate that they are prepared to tax the dead and those who are grieving?
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- Jun/11/24 3:09:37 p.m.
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Mr. Speaker, today is an important day for Canadians. Today, every member must make a choice. Each and every one of us must decide whether we are in favour of fairness, whether we think that a nurse should pay less taxes than a multimillionaire. In our party, we know what we think.
Today, Canadians also know what the Conservatives think. They are against fairness. They support multi-millionaires.
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- Jun/11/24 3:10:21 p.m.
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Mr. Speaker, we have made our choice.
We choose to help older people who are thinking of their children, who want to leave them a reasonable inheritance. Those people know these tax measures will eat into the value of that inheritance, leaving less for their children. We cannot allow them to be put in that position.
Can the Minister of Finance explain why the value of inheritances left by people who will soon no longer be with us are going to be drastically reduced by the federal government's tax?
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- Jun/11/24 3:10:47 p.m.
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Mr. Speaker, since I came to the House nine years ago, and I daresay since the Leader of the Opposition took his seat 20 years ago and proceeded to do little else, the Conservatives have voted against reducing taxes for the middle class, against the Canada child benefit, against funding child care, against dental care and against pharmacare.
Every time Canadians ask the Conservatives to stand up for them, they remain seated.
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- Jun/11/24 3:11:28 p.m.
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Mr. Speaker, farmers, fishers, families and physicians will all be impacted by this tax. The government either did not know this was the case or did not care. Had the government actually taken the time to ask StatsCan, it might have found out that almost 50% of the people impacted by this tax, otherwise, make less than $100,000 a year.
Why does the government continue to insist on purposely misleading Canadians about who will be impacted by this job-killing tax?
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- Jun/11/24 3:12:10 p.m.
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Mr. Speaker, the only party trying to mislead Canadians is the Conservative Party, because it has been trying to pose as the party of the little guy. Today, the Conservatives had to make a choice. It was a hard choice for them. It took them eight weeks of struggle, but, at the end of the day, the Conservatives made the choice they always make. They are voting against fairness. They are voting in favour of austerity. They are voting in favour of their rich lobbyist friends. That is what they always do.
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- Jun/11/24 3:12:50 p.m.
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Mr. Speaker, many young people in my riding of Don Valley East are worried about not being able to find a place to call their home. They see housing being used more and more as a way to make money, and it is hurting their possibility of home ownership.
Can the Minister of Public Services and Procurement tell this House what the government's plan is to make housing more affordable and to help build a fairer future for all young Canadians?
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- Jun/11/24 3:13:21 p.m.
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Mr. Speaker, unlike Conservatives, who have been treating home ownership like a casino, we put in place a foreign buyers ban so that foreign speculators no longer price out hard-working Canadian families. Unlike the Conservatives, we are working with MPs in the GTA to use public lands for affordable homes and not for the profits of the highest bidders, and our plan for tax fairness is asking wealthier Canadians to pay a bit more so we can build more homes faster. Will the Leader of the Opposition support that plan for housing: fairness and tax fairness?
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- Jun/11/24 3:14:03 p.m.
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Mr. Speaker, for decades, the Mushkegowuk Cree of James Bay have fought to end substandard health and to get a proper hospital built, but now that the deadline is looming for the future of the Weeneebayko hospital, the federal government has walked away. If it does not return to the table with funding, the construction companies will quit and the provincial funding will evaporate, and all these years of hard work will be lost. The communities and the NDP have called on the Prime Minister to intervene.
It is now or never, so is the minister willing to commit today to flow the funds so this hospital in James Bay can finally be built?
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