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Decentralized Democracy

House Hansard - 331

44th Parl. 1st Sess.
June 13, 2024 10:00AM
Context: House Hansard - 331 - Jun/13/24
Mrs. Tracy Gray (Kelowna—Lake Country, CPC)
  • Jun/13/24 12:26:27 p.m.
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Madam Speaker, I know that housing is important to the member, and she spoke about it during her intervention. At the housing committee, just a few hours ago, we heard that higher capital gains taxes will have a negative effect on home building. This was a statement made by the chief economist of Canada's largest construction association. Why would the member, along with the rest of her NDP colleagues, continue to prop up the Liberal government and vote, just yesterday, for tax increases that would hurt home building in Canada during a crisis of home affordability?
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Context: House Hansard - 331 - Jun/13/24
Mr. Michael Kram
  • Jun/13/24 1:47:37 p.m.
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Madam Speaker, I cannot recall the particulars of that particular motion, but I think it is safe to say that Conservatives are in favour of making life more affordable for Canadians. That includes reducing and eliminating the carbon tax and not jacking up the capital gains tax, as the government announced earlier this week.
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Context: House Hansard - 331 - Jun/13/24
Hon. Steven MacKinnon (Leader of the Government in the House of Commons, Lib.)
  • Jun/13/24 2:45:46 p.m.
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Mr. Speaker, it is no surprise that the Conservatives want to move on from the fiasco of two days ago when they voted for 0.13% of taxpayers and set aside the 99.87% of taxpayers who are not affected by a capital gains change. They want to stand up for people who have made $250,000 on investments in a given year, and they will not stand up for the electricians, the farmers and the janitors, who earn a paycheque every week and do it honestly.
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Context: House Hansard - 331 - Jun/13/24
Hon. Patty Hajdu (Minister of Indigenous Services and Minister responsible for the Federal Economic Development Agency for Northern Ontario, Lib.)
  • Jun/13/24 2:47:07 p.m.
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Mr. Speaker, it looks like Conservatives want to change the channel. Yesterday, they were all about talking about capital gains. They were fighting for the rich guy and holding up plumbers and electricians, but not talking about waitresses or school bus drivers, when talking about how they are fighting for the little guy. On this side, we know that Conservatives do not care about people who are pulling in a paycheque, but rather, they are focused on their ultrarich friends.
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Context: House Hansard - 331 - Jun/13/24
Mr. Richard Lehoux (Beauce, CPC)
  • Jun/13/24 2:54:26 p.m.
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Mr. Speaker, after nine years, the government and its Bloc Québécois partners have found a new way to undermine our agricultural industry: The day before yesterday, they voted to increase taxes on capital gains. While one in five families cannot even pay off its debts, this punitive tax measure will make it even harder to sell a farm or transfer it to a family member. Farmers were not even consulted. How does this measure make things fairer?
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Context: House Hansard - 331 - Jun/13/24
Hon. Andrew Scheer (Regina—Qu'Appelle, CPC)
  • Jun/13/24 3:32:19 p.m.
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Mr. Speaker, the penultimate Thursday question. I am just wondering if the government House leader could use this occasion to inform the House as to what may be the business for the rest of this week and into next week. We heard some very helpful suggestions this week. If the government is telling the truth about its middle-class, working Canadian tax hike on the change to the capital gains inclusion rate, will it, next week, immediately table legislation to protect the bottom 99.87% of Canadians, who it claims will not be affected by this tax? We would like the Liberals to enshrine that in law and to put the legislation where their rhetoric is. We would immediately fast-track that legislation once they do that. If they do not want to do it by income bracket and protect the 99.87% of Canadians, they could do it by profession. They could exempt plumbers, electricians, carpenters, farmers and fishermen, any one of the trades that they mentioned this week. Will the Liberal government take us up on our challenge and enshrine into law that protection from this capital gains tax hike? What other legislation will it bring forward next week?
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Context: House Hansard - 331 - Jun/13/24
Mr. Maxime Blanchette-Joncas (Rimouski-Neigette—Témiscouata—Les Basques, BQ)
  • Jun/13/24 9:22:02 p.m.
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Mr. Speaker, I listened carefully to my colleague's speech. He spoke about the importance of growing the economy. When the Progressive Conservative Party was in office, Brian Mulroney increased the capital gains inclusion rate to 75%. That was in 1990. In 2024, the Conservative Party is saying that that is not a good idea. At the time, Mr. Mulroney justified that decision by saying that the goal was to stimulate the economy, so I would like my colleague to explain why it was a good idea to increase the capital gains inclusion rate to 75% in 1990, but today he is opposed to increasing it from 50% to 66%.
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Context: House Hansard - 331 - Jun/13/24
Mr. Dan Muys
  • Jun/13/24 9:22:49 p.m.
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Mr. Speaker, I think that farmers, seniors, home builders and small business people in Quebec would agree that this capital gains tax increase would kill jobs. Regarding what happened 40 years ago, the hon. member is a young fellow. I am not sure he was born quite yet in 1984. That was a different time. I am very proud that we are standing against this job-killing tax increase, which is going to absolutely destroy investment and entrepreneurship in this country.
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