44th Parl. 1st Sess.
June 14, 2024 10:00AM
- Jun/14/24 11:36:38 a.m.
- Watch
The hon. member for Repentigny has the floor.
8 words
- Hear!
- Rabble!
- add
- star_border
- share
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?
113 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:37:21 a.m.
- Watch
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.
60 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:37:47 a.m.
- Watch
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?
113 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:38:28 a.m.
- Watch
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.
96 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:38:58 a.m.
- Watch
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?
89 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:39:31 a.m.
- Watch
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.
98 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:40:12 a.m.
- Watch
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?
99 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:40:50 a.m.
- Watch
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.
112 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:41:30 a.m.
- Watch
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?
88 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:41:59 a.m.
- Watch
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.
92 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:42:35 a.m.
- Watch
Madam Speaker, how many times have the Liberals falsely stated, even today, that eight out of 10 Canadians get more back than they pay? I guess they figure that if they say something often enough, people will start to believe it.
However, Canadians know because their pocketbooks tell them so. Conservatives have forced the end of the carbon tax cover-up, and now the public budget watchdog's report confirms that Canadian families pay nearly $2,000 more in carbon tax per year. They also know that it will cost our economy $30 billion per year in economic activity lost.
When will the environment minister resign—
107 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:43:11 a.m.
- Watch
The hon. government House leader.
5 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:43:15 a.m.
- Watch
Madam Speaker, there are a lot of great farmers in Chatham-Kent—Leamington.
It is shameful that the Conservative leader, who has never seen the top of a combine or a hay baler, hides behind farmers and workers to justify his opposition to our plan on tax fairness. We are increasing the capital gains sheltering for farmers—
Some hon. members: Oh, oh!
64 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:43:36 a.m.
- Watch
I am going to interrupt the hon. government House leader. We will have order, or there will be questions taken away. Order.
The hon. government House leader.
27 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:43:53 a.m.
- Watch
Madam Speaker, it is shameful. The leader of the Conservative Party has never been seen on a hay baler.
He is opposing our program to give tax fairness to farmers. We are increasing the capital gains sheltering for farmers by boosting the lifetime exception for qualified farming properties to $1.25 million per owner.
The member over there should be standing up and celebrating tax fairness for farmers.
68 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:44:25 a.m.
- Watch
Madam Speaker, the federal government's very own Public Sector Pension Investment Board partnered up with the rich real estate CEOs to invest in 71, 75 and 79 Thorncliffe Park Drive.
Now, they are hiking rents and evicting people, and the Liberals are letting them get away with it. When the NDP tried to summon the very same CEOs to explain themselves, the Liberals and the Conservatives teamed up to block it.
Why are the Liberals partnering with rich CEOs to jack up rents and to evict people from their homes?
91 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:45:02 a.m.
- Watch
Madam Speaker, the member knows about this very well because she put in an Order Paper question not too long ago about this matter. She keeps on raising the name of the company Starlight, which did not have any relations with CMHC, so we can take up that matter at committee.
More substantively on the issue of housing, the current government is the first in Canadian history to put forward measures to protect renters and, in fact, to attach conditionality to infrastructure funding. Provinces want access to infrastructure funding. They have to respond by putting in place protections for renters, whether they include supportive housing or co-op housing; all the things the NDP rightly championed were behind that vision for the country.
123 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:45:44 a.m.
- Watch
Madam Speaker, Jordan's principle is supposed to uphold equity and health services for indigenous children and youth, yet multiple organizations in Winnipeg Centre are going without funding. Biigewin is owed almost $600,000, and Spirit Horse is owed almost $400,000. Staff are going without pay. The minister would not work without pay, so why should indigenous organizations?
When will the Liberals uphold Jordan's principle and ensure that indigenous organizations are paid what they are owed?
78 words
- Hear!
- Rabble!
- add
- star_border
- share
- Jun/14/24 11:46:23 a.m.
- Watch
Madam Speaker, for generations, first nations families and people have suffered tremendously through discriminatory and systemically racist child welfare practices. One of the first things we did as a government was to implement Jordan's principle in 2016 to ensure that first nations children can access the care they need, when they need it. Last year, we also reached a milestone compensation agreement that was co-developed with first nations partners. We are actively working with partners on strategies and best practices to speed up approvals and reduce administrative burdens faced by service providers.
I will work with the member to make sure that this issue is dealt with.
109 words
- Hear!
- Rabble!
- add
- star_border
- share
- menumenu
- notificationsnotifications
- home
- mailmail
- searchsearch
