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House Hansard - 333

44th Parl. 1st Sess.
June 17, 2024 11:00AM
Context: House Hansard - 333 - Jun/17/24
Mr. Parm Bains
  • Jun/17/24 7:47:05 p.m.
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Mr. Speaker, I encourage the member opposite to look at the responsible measures taken in the spending review right now. If we look at all of the measures in the budget, we see that they are all about productivity. Whether we are talking about $5 billion in loan guarantee programs or whether we are delivering major economic investment tax credits, it is all to increase productivity.
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Context: House Hansard - 333 - Jun/17/24
Mr. Parm Bains
  • Jun/17/24 7:49:57 p.m.
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Mr. Speaker, I have listed a few things in some of the other answers. For example, the member mentioned the dental program. We have over 500 dentists now signed up in my city of Richmond, British Columbia, who are ready to help those who need help the most. I speak to all of these measures as being a way toward productivity. If people can get help and get a leg-up, they can contribute in a better way.
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Context: House Hansard - 333 - Jun/17/24
Mr. Ken Hardie (Fleetwood—Port Kells, Lib.)
  • Jun/17/24 10:19:40 p.m.
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Madam Speaker, I think the hon. member's comments give rise to that old saying that we can put all the accountants end to end, and they will never reach a conclusion. I wanted to quote a few things from the International Monetary Fund and get the hon member's reaction to that. It says, “Canada's fiscal track record continues to compare favourably to many other advanced economies.... Debt remains low in international comparison”. It also says, “The increase in the capital gains inclusion rate improves the tax system's neutrality with respect to different forms of capital income and is likely to have no significant impact on investment or productivity growth.” That does not suggest that things are going to go to hell in a handbasket. I am just wondering, with what the hon. member has read and with what I have just mentioned, if there is some kind of disconnect that she could explain.
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