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Decentralized Democracy

House Hansard - 332

44th Parl. 1st Sess.
June 14, 2024 10:00AM
  • Jun/14/24 11:32:26 a.m.
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Madam Speaker, if the member opposite actually cares about the next generation, as we are looking toward Father's Day, let us think about that. We are talking about taking responsibility today for our actions, to make sure that we are passing over a healthy planet to our next generations. Eight out of 10 Canadians get more back from the climate rebate than they pay in any kind of carbon pricing. More important is that we are making sure we are protecting the planet for our children.
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  • Jun/14/24 11:32:56 a.m.
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Madam Speaker, if that were true, why is the NDP-Liberal government working so hard to cover up the documents that prove it wrong? It was only common-sense Conservatives who forced the NDP-Liberal government to reveal the truth. The Liberals tried to discredit our own budget watchdog, but it was revealed that they were hiding the true cost of their carbon tax with secret documents and gag orders. The Liberals can run, but they cannot hide from the true cost of their inflationary carbon tax. Canadians will lose nearly $30 billion a year. That is $1,800 for each Canadian family. The minister needs to face the consequences for the cover-up. When will the Prime Minister demand the minister's resignation?
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  • Jun/14/24 11:33:33 a.m.
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Madam Speaker, the current environment minister is the first in history to put forward a credible plan to meet our net zero 2050 objectives and our Paris commitments. What should the member do? What would he have preferred remain secret? The premier of his province, who scoured the universe, looked on the Internet, got out his calculator and did all of the analysis that Scott Moe does, said the price on pollution is the cheapest way to go about fighting change and putting money in people's—
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  • Jun/14/24 11:34:10 a.m.
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The hon. member for Regina—Wascana has the floor.
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  • Jun/14/24 11:34:13 a.m.
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Madam Speaker, after nine years of the Liberal-NDP government, the Prime Minister is not worth the cost or the cover-ups. The environment minister has been saying all along that the carbon tax would not cost us any money or that it would even make money, but now we know that the economy will lose $30.5 billion per year, or $1,800 per family, because of the carbon tax. When will the environment minister resign?
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  • Jun/14/24 11:34:45 a.m.
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Madam Speaker, it is clear that this question has been answered numerous times, but it is no surprise that Conservatives do not want to talk about their embarrassing vote against tax fairness. Conservatives believe that, if someone is flipping burgers, they should pay more tax than if they are flipping stocks or houses. With our plan, we are standing up for tax fairness, and let us just be clear that if someone does not profit by over $250,000 from an investment or the sale of an asset in a single year, they will not pay a cent more. If someone makes their hard-earned money on a paycheque, they will not pay a cent more. The Conservatives think hard-working Canadians pay tax on—
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  • Jun/14/24 11:35:20 a.m.
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The hon. member for Regina—Wascana has the floor.
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  • Jun/14/24 11:35:22 a.m.
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Madam Speaker, when the Parliamentary Budget Officer asked the minister's department to provide its internal economic analysis of the carbon tax, the response included the following sentence: “I request you to ensure that this information is used for your office's internal purposes only and is not published or further distributed.” This is the gag order that the extremist environment minister placed on the Parliamentary Budget Officer, and this is why the environment minister must resign. When will he do it?
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  • Jun/14/24 11:35:59 a.m.
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Madam Speaker, it is clear the Conservatives do not care about the future of the planet. They do not care about tax fairness. They do not care about investments that Canadians need and rely on. They believe that, if someone is flipping burgers, they should pay more tax than if they are flipping homes or flipping stocks to make a living. Under our plan for tax fairness, if someone does not profit over by $250,000 from an investment or the sale of a property, they will not pay a cent more. If someone makes their hard-earned income on a paycheque, they will not pay a cent more. That is 99.87% of the population who will not pay a cent more. We think that the wealthiest should—
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  • Jun/14/24 11:36:38 a.m.
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The hon. member for Repentigny has the floor.
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  • Jun/14/24 11:36:40 a.m.
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  • Re: Bill C-69 
Madam Speaker, yesterday in committee, we heard from the heads of Canada's five big banks, specifically BMO, Scotiabank, CIBC, the Royal Bank of Canada and TD Bank. They all rank in the top third of the world's oil financiers. It is hard to get an accurate picture of their investments because the other three parties in the House refuse to make them disclose those investments. They all voted against a Bloc Québécois amendment to Bill C-69 requiring the mandatory disclosure of banks' investments in fossil fuels. Why does the government not want to force banks to be honest with the public about their oil agenda?
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  • Jun/14/24 11:37:21 a.m.
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Madam Speaker, I thank my colleague for her question. She should know that the Office of the Superintendent of Financial Institutions is already implementing measures to ensure that all financial institutions in Canada, not just the big banks, disclose their investments in fossil fuels and their exposure to climate change risks. That is already being done, thanks to our government.
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  • Jun/14/24 11:37:47 a.m.
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Madam Speaker, I would like to know whether it is optional or not, but anyway. These three parties are deliberately turning a blind eye to fossil fuel funding. Just last year, Canada's five big banks invested $142 billion in the industry. The CEO of Scotiabank spoke for all five when he said, “We should move away from emission reductions at all costs”. Bankers speak the same language and share the same goal as the oil companies; they want to profit as much as possible from pollution. We want to force the banks to disclose their dirty oil assets. The other three parties want them to invest in secrecy. Why?
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  • Jun/14/24 11:38:28 a.m.
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Madam Speaker, with all due respect, I must correct my colleague. This is not optional. It is an obligation that Canada's Office of the Superintendent of Financial Institutions is going to impose on all financial institutions. My colleague is speaking only about the big banks. I am not talking only about the big banks, I am talking about all financial institutions. The two of us agree on one thing, however. We agree that the big banks should be doing more to fight climate change, and we are going to work to make sure that happens.
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  • Jun/14/24 11:38:58 a.m.
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Madam Speaker, $30 billion is the true cost to Canadian families of the Liberal-NDP carbon tax that the environment minister tried so desperately to cover up. That is $1,800 in cost to every household. It is no wonder the environment minister did his best to gag the Parliamentary Budget Officer and cover up the true cost of the carbon tax. Instead of sending a memo to the PBO demanding his silence, why does the environment minister not instead send a memo to the PMO with his resignation?
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  • Jun/14/24 11:39:31 a.m.
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Madam Speaker, it is clear that the Conservatives do not care about the future of our planet. They will not stand up for our children and our grandchildren. On this side of the House, we are advancing tax fairness for Canadians with our new capital gains regime. That means people earning their hard-earned incomes on their paycheques will not pay a penny more, unless they earn over $250,000 a year from the sale of an asset. Conservatives believe that those who are flipping burgers should pay more tax than those who are flipping stocks or homes.
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  • Jun/14/24 11:40:12 a.m.
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Madam Speaker, the Liberals' response to questions on more taxes is talking points that add more taxes. The Minister of Environment interfered with the work of the independent Parliamentary Budget Officer. He repeatedly stood in the House and misled Canadians, saying that they would be better off financially with the carbon tax, all the while covering up the fact that the Liberal-NDP carbon tax will cost Canadians more than $30 billion a year. Instead of working to increase the economic vandalism of the carbon tax, why does the environment minister not just do Canadians a favour and resign?
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  • Jun/14/24 11:40:50 a.m.
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Madam Speaker, what Canadians are seeing this morning, those who are here and at home, is that Conservatives just do not care. That is the bottom line of all the questions we have heard this morning. Canadians understand that what we did in the last budget was about generational fairness. That is the core issue that Canadians want us to address. That is why we made changes to the capital gain taxes, because we want to invest in the next generation. We want to invest in workers. We want to invest in seniors. We want to invest in our future. However, here we go again, and the Conservatives voted against that fairness.
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  • Jun/14/24 11:41:30 a.m.
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Madam Speaker, the NDP-Liberal government misled Canadians by claiming they would be better off with a carbon tax scam. It turns out that the environment minister's own carbon tax data shows that it will cost families nearly $2,000 more after the higher costs on groceries, home heating and gas. That is $30 billion in economic vandalism per year. Now, Conservatives have forced the release of all the carbon tax cover-up documents. Will the radical environment minister finally climb down from his tower and resign?
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  • Jun/14/24 11:41:59 a.m.
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Madam Speaker, let me repeat the numbers because the numbers bear repeating. It is $1,800 a year for a family of four in Alberta, $1,200 a year in Manitoba, $1,120 in Ontario, $1,504 in Saskatchewan, $760 a year in New Brunswick, $824 a year in Nova Scotia, $880 a year in P.E.I., and it is $1,192 for a family of four in Newfoundland and Labrador. That is cold, hard cash, and the Conservatives would know that if they bothered to check their own bank accounts.
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