44th Parl. 1st Sess.
June 12, 2024 02:00PM
- Jun/12/24 2:50:44 p.m.
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Mr. Speaker, we presented every single member of the House with a very clear and, actually, really easy choice. Do they think someone who makes a salary of $58,000 a year, such as a person in Carleton whose only income is their wage, should pay tax at a higher marginal rate than someone earning capital gains of more than $250,000 a year? It is not complicated, but it is complicated for them.
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- Jun/12/24 2:51:24 p.m.
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Mr. Speaker, a lot of restaurant owners will pay this tax increase on their very first dollar of investment gains inside a company. That is a fact. They earn $58,000 a year. It is a very simple question. If what I am saying is wrong, there is a very simple solution.
Will the minister commit to amending her bill to say that any retiring restaurant owner who has been earning $58,000 a year will be fully exempt from any of these tax increases?
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- Jun/12/24 2:52:02 p.m.
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Mr. Speaker, there was once a Conservative prime minister. His name was John Diefenbaker. He was from the Prairies, like me and like the Conservative leader. He set up a royal commission on taxation, and Ken Carter led that commission. Ken Carter memorably said, “a buck is a buck is a buck.” He thought that all one's income, whether it is a capital gain or is made through hard work, should be taxed. However, these Conservatives have shown their true colours. They are just not on the side of working people, and they are embarrassed.
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- Jun/12/24 2:52:41 p.m.
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Mr. Speaker, John Diefenbaker is from Saskatchewan, where there are lots of farmers. The member will not commit to amend her law to exempt carpenters or plumbers or retiring modest-income independent restaurant owners, so I have a very simple question.
Given we are in a food price crisis, will the finance minister amend her proposal to say that no farmer will pay higher taxes under this plan?
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- Jun/12/24 2:53:16 p.m.
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Mr. Speaker, the Conservative leader is squirming. The Conservative leader is nervous, and I know why he is nervous. It is because we presented him with a very clear choice yesterday: One can be on the side of someone who sweats every day, who earns all their money through their paycheque, or someone who is earning more than $250,000 in capital gains every single year. We know whose side we are on. Now we know whose side they are on, too.
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- Jun/12/24 2:54:00 p.m.
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Mr. Speaker, everyone wants to avoid a shutdown at Canada's two biggest railways, and rail workers deserve the time needed to negotiate a fair deal. However, CP and CN seem to be trying to orchestrate a simultaneous work stoppage in order to force the workers' hand. Now, the union has suggested staggering the negotiations in order to minimize the impacts. This seems to be in everyone's best interest, but the companies have rejected it outright.
What will the minister do to support the union's very reasonable request?
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- Jun/12/24 2:54:37 p.m.
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Mr. Speaker, I will make sure that both sides remain at the table and that they are fully supported by our federal mediation and conciliation service, which has a 96% success rate in preventing work stoppages and strikes. We stand with them. They are well supported at the table.
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- Jun/12/24 2:54:57 p.m.
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Uqaqtittiji, for 30 years, Johannes Rivoire sexually abused children in Nunavut when he was supposed to be their priest. Instead of being tried for his crimes, Rivoire escaped to France. The churches failed the victims. The RCMP failed the victims. Now the federal governments keep failing the victims. He died before justice was ever served. People are still hurting. When will the government act to ensure the victims of Rivoire get the justice they deserve?
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- Jun/12/24 2:55:36 p.m.
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Mr. Speaker, the sad history surrounding the abuses in the north with Reverend Rivoire is devastating. Many people have been impacted, and I have been able to speak to many survivors. He passed away recently, yet that does not bring justice to those who are seeking justice. We will continue to work and support the families and those who survived.
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- Jun/12/24 2:56:09 p.m.
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Mr. Speaker, Winnipeg's downtown is full of historical buildings. One of our most iconic is the old Hudson's Bay building located at the corner of Portage Avenue and Memorial Boulevard. It holds a storied history for Winnipeggers. A vibrant downtown is vital for a strong economy. Over the past few months, our government has been working closely in collaboration with local first nations to revitalize the Bay building. The ability for first nations themselves to be at the forefront of such a development is critical.
Can the Minister responsible for PrairiesCan update the House on the co-operative work under way?
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- Jun/12/24 2:56:43 p.m.
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Mr. Speaker, I recently had the honour to make an announcement of a $31-million investment into the former Hudson's Bay building in downtown Winnipeg. The plan that was developed by the Southern Chiefs' Organization includes over 350 affordable housing units, assisted living units for elders, a child care centre and amazing public spaces. What the Southern Chiefs' Organization, led by Grand Chief Jerry Daniels, is doing in Winnipeg stands as a prime example of economic reconciliation that the entire country of Canada can be proud of.
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- Jun/12/24 2:57:23 p.m.
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Mr. Speaker, a wonderful grandmother, 93-year-old Liz Diachun, is severing a few lots off her long-time family farm to give to her kids and grandkids so that they can have a place to live in this terrible housing crisis. She was surprised to learn she is going to be paying this latest Liberal tax increase. She was asked, “Are you rich?” She said, “Are you kidding me? I am on a pension.”
Will the finance minister amend her bill so that low-income grandmothers who are passing on a bit of land for their kids to live on will not be hit by this tax increase?
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- Jun/12/24 2:58:06 p.m.
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Mr. Speaker, I want to share another quote: “the wealthiest 1% who own the most expensive and luxurious real estate and have in their portfolios the most stocks and bonds...will continue to see their net worth expand, having done nothing, by the way, to deserve that expanded net worth.” That is a quote from the member for Carleton, but that was when he was being a fake populist. When they sell those assets, they accrue a capital gain. We think more of it should be taxed.
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- Jun/12/24 2:58:48 p.m.
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Mr. Speaker, Liz Diachun is not among the wealthy one per cent the member just described. She has a pension of probably $45,000 a year. She is a grandmother who is simply trying to sever off a few lots so that her kids and her grandkids can have a place to live. Those lots have enough value that they will be hit by capital gains tax, and they are over $250,000, so she will pay the 66% tax. Very simply, will the minister amend the law so that this wonderful grandmother does not have to pay higher taxes?
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- Jun/12/24 2:59:33 p.m.
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Mr. Speaker, I think the Conservative leader is a bit confused; he seemed to think that the words I quoted were mine. I was, in fact, quoting him. I was quoting his words about the wealthiest 1% and their stock portfolios and luxury real estate, but that was back when the Conservative leader was pretending to be a friend of working people. He was pretending to be on the side of the little guy. Yesterday we learned that is just not true, but we are on the side of fairness.
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- Jun/12/24 3:00:16 p.m.
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Mr. Speaker, it is true that this government has unjustly enriched the wealthiest 1% with its inflationary policies. So, let us just make sure that no one else pays the bill for that. Will the minister accept an amendment to her proposal to ensure that the 99% of lowest-income earners do not pay this tax increase so this wonderful grandmother does not have to pay the bill?
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- Jun/12/24 3:00:46 p.m.
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Mr. Speaker, the leader opposite has spent the entire question period talking about electricians, farmers, fishers and carpenters—
Some hon. members: Oh, oh!
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- Jun/12/24 3:00:59 p.m.
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The hon. government House leader can start from the top.
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- Jun/12/24 3:01:28 p.m.
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Mr. Speaker, the leader opposite cites electricians, carpenters and plumbers. I come from a family, as do many of us, of farmers and electricians and people who bring home a T4 slip at the end of the year. These people who earn an honest paycheque, what do they expect from their government? They expect tax fairness. We are asking all those who gain $250,000 on their investments in a given year, 0.13% of the population, to pay a little bit more. I do not know any electricians who are in that category.
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- Jun/12/24 3:02:14 p.m.
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Mr. Speaker, if that were true, then the Liberals would be prepared to put in writing, in the law, that no farmer, fisher or electrician will pay any new tax under this increase. Will they?
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