Bill C-69

Budget Implementation Act, 2024, No. 1

An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024

Part 1 implements certain measures in respect of the Income Tax Act and the Income Tax Regulations by
(a) denying income tax deductions for expenses incurred with respect to non-compliant short-term rentals;
(b) exempting from taxation the international shipping income of certain Canadian resident companies;
(c) exempting from taxation any income of the trusts established under the First Nations Child and Family Services, Jordan’s Principle, and Trout Class Settlement Agreement;
(d) doubling the volunteer firefighters and search and rescue volunteers tax credits;
(e) extending the eligibility for the Canada child benefit in respect of a child for six months after the child’s death;
(f) increasing the cap on labour expenditures per eligible newsroom employee from $55,000 to $85,000 and increasing, for four years, the Canadian journalism labour tax credit rate from 25% to 35%;
(g) extending eligibility for the mineral exploration tax credit by one year;
(h) providing a refundable tax credit to small and medium-sized businesses in designated provinces by returning a portion of fuel charge proceeds from the province;
(i) providing a refundable investment tax credit to qualifying businesses for investments in certain clean hydrogen projects;
(j) providing a refundable investment tax credit to qualifying businesses for certain investments in clean technology manufacturing property;
(k) amending the definition “government assistance” to exclude bona fide concessional loans with reasonable repayment terms from public authorities;
(l) implementing a number of amendments to the alternative minimum tax;
(m) increasing the home buyers’ plan withdrawal limit from $35,000 to $60,000 and deferring the repayment period by three additional years;
(n) excluding the failure to report under the mandatory disclosure rules from the application of the section 238 penalty;
(o) introducing a $10-million capital gains exemption on the sale of a business to an employee ownership trust; and
(p) implementing a number of technical amendments to correct inconsistencies and to better align the law with its intended policy objectives.
Part 2 enacts the Global Minimum Tax Act , a regime based on the rules of the Organisation for Economic Co-operation and Development (OECD). The global minimum tax regime will ensure that large multinational corporations are subject to a minimum effective tax rate of 15% on their profits wherever they do business. It sets out rules for the purposes of establishing liability for the tax and also sets out applicable reporting and filing requirements. To promote compliance with its provisions, that Act includes modern administration and enforcement provisions generally aligned with those found in other taxation statutes. Finally, this Part also makes related and consequential amendments to other texts to ensure proper implementation of the tax and cohesive and efficient administration by the Canada Revenue Agency.
Part 3 amends the Excise Tax Act , the Excise Act , the Excise Act, 2001 , the Underused Housing Tax Act , the Greenhouse Gas Pollution Pricing Act and other related texts in order to implement certain measures.
Division 1 of Part 3 amends the Excise Tax Act by repealing the temporary relief for supplies of certain face masks or respirators and certain face shields from the Goods and Services Tax/Harmonized Sales Tax.
Division 2 of Part 3 amends the Excise Act , the Excise Act, 2001 and other related texts in order to implement changes to
(a) the federal excise duty framework for tobacco products by
(i) increasing the excise duty rates for tobacco products, including imposing a tax on inventories of cigarettes held by retailers and wholesalers,
(ii) changing the process by which brands of tobacco products for export are exempted from special excise duty and marking requirements,
(iii) allowing certain information to be shared for the administration or enforcement of the Tobacco and Vaping Products Act , and
(iv) requiring the filing of information returns in respect of tobacco excise stamps;
(b) the federal excise duty framework for vaping products by increasing the excise duty rates for vaping products; and
(c) the federal excise duty framework for alcohol by
(i) extending by two years the two per cent cap on the inflation adjustment on beer, spirits and wine excise duties, and
(ii) cutting by half for two years the excise duty rate on the first 15,000 hectolitres of beer brewed in Canada.
Division 3 of Part 3 amends the Underused Housing Tax Act and the Underused Housing Tax Regulations by, among other things,
(a) eliminating filing requirements for certain owners;
(b) reducing minimum penalties for failing to file a return; and
(c) introducing a new exemption for residential properties held as a place of residence or lodging for employees.
Division 4 of Part 3 amends the Greenhouse Gas Pollution Pricing Act by providing authority, in certain circumstances, for the sharing of certain information amongst federal officials and for the public disclosure of certain information by the Minister of National Revenue.
Part 4 enacts and amends several Acts in order to implement various measures.
Division 1 of Part 4 amends the Budget Implementation Act, 2022, No. 1 to delay the repeal of the Prohibition on the Purchase of Residential Property by Non-Canadians Act for two years.
Division 2 of Part 4 amends the National Housing Act to increase the in-force limits for guarantees issued by the Canada Mortgage and Housing Corporation (CMHC) in respect of mortgage-backed securities and Canada Mortgage Bonds and for mortgage default insurance provided by CMHC from the temporary $750 billion to the permanent $800 billion. It also amends the Borrowing Authority Act to avoid the double counting of liabilities related to Canada Mortgage Bonds that are guaranteed by the CMHC and have been purchased by the Minister of Finance, on behalf of the Government of Canada, in the calculation of the maximum amount of certain borrowings under that Act.
Division 3 of Part 4 authorizes the making of payments to the provinces for the fiscal year beginning on April 1, 2024 respecting a national program for providing food in schools.
Division 4 of Part 4 amends the Canada Student Loans Act and the Canada Student Financial Assistance Act to expand eligibility for student loan forgiveness to early childhood educators, dentists, dental hygienists, pharmacists, midwives, teachers, social workers, psychologists, personal support workers and physiotherapists.
Division 5 of Part 4 amends the Canada Education Savings Act to, among other things,
(a) authorize the Minister responsible for that Act to open a registered education savings plan in respect of a child born after 2023 who is eligible for the payment of the Canada Learning Bond and is not the beneficiary under such a plan, so that the Minister may pay a Canada Learning Bond in respect of the child; and
(b) increase, from 20 to 30 years, the maximum age of a beneficiary under a registered education savings plan in respect of whom a Canada Learning Bond may be paid on application.
It also makes consequential amendments to the Income Tax Act .
Division 6 of Part 4 amends the Bretton Woods and Related Agreements Act to increase the maximum financial assistance that may be provided in respect of foreign states.
Division 7 of Part 4 amends the Bretton Woods and Related Agreements Act to increase the amount of the payment that the Minister of Finance may provide to the International Monetary Fund in respect of Canada’s subscriptions. It also amends the International Development (Financial Institutions) Assistance Act and the European Bank for Reconstruction and Development Agreement Act to provide for new financial instruments that the Minister of Foreign Affairs or the Minister of Finance, as the case may be, may use to provide financial assistance to the institutions referred to in those Acts.
Division 8 of Part 4 amends the International Financial Assistance Act to, among other things, provide that foreign exchange losses in relation to programs referred to in that Act must be charged to the Consolidated Revenue Fund and provide for the making of payments to Development Finance Institute Canada (DFIC) Inc. in relation to programs referred to in that Act out of the Consolidated Revenue Fund.
Division 9 of Part 4 amends the Export Development Act to lower the limit for total liabilities and obligations referred to in subsection 24(1) of that Act from $115 billion to $100 billion.
Division 10 of Part 4 amends the Financial Administration Act to broaden the application of subsection 85(2) of that Act to other Crown corporations.
Division 11 of Part 4 amends the Financial Administration Act to require certain banks and other financial institutions to disclose prescribed information for federal payments accepted for deposit.
Division 12 of Part 4 amends the Federal-Provincial Fiscal Arrangements Act to enhance the Canada Health Transfer for qualifying provinces and territories.
Division 13 of Part 4 amends the Pension Benefits Standards Act, 1985 to require that the Superintendent of Financial Institutions publish certain information relating to pension plan investments. It also amends the Pooled Registered Pension Plans Act to require that plan administrators provide specified information by written notice to certain persons when they become members of a pooled registered pension plan.
Division 14 of Part 4 amends the Canada Pension Plan to, among other things,
(a) provide for a death benefit of $5,000 in cases where no other Canada Pension Plan benefit, with the exception of the orphan’s benefit, has been paid in respect of the deceased contributor’s contributions;
(b) create a new child’s benefit for dependent children aged 18 to 24 who are in part-time attendance at school;
(c) maintain eligibility for the disabled contributor’s child’s benefit if the disabled contributor reaches the age of 65;
(d) allow for the deeming of an application for a disabled contributor’s child’s benefit on behalf of a child to have been made at an earlier date under the Canada Pension Plan ’s incapacity provisions;
(e) preclude entitlement to a survivor’s pension if an individual has received a division of unadjusted pensionable earnings in respect of their deceased separated spouse; and
(f) clarify the determination of the payee of the disabled contributor’s child’s benefit.
It also makes a consequential amendment to the Canada Pension Plan Regulations .
Division 15 of Part 4 amends the Public Sector Pension Investment Board Act to provide for the payment of certain amounts into the Consolidated Revenue Fund by the Public Sector Pension Investment Board.
Division 16 of Part 4 enacts the Consumer-Driven Banking Act , which establishes a consumer-driven framework for individuals and small businesses to safely and securely share their data with the participating entities of their choice.
It also makes related amendments to the Financial Consumer Agency of Canada Act to establish the position of Senior Deputy Commissioner for Consumer-Driven Banking who is responsible for consumer-driven banking matters and to provide for, among other things, the supervision of participating entities.
Division 17 of Part 4 amends the Bank Act to, among other things, clarify the definitions “deposit-type instrument” and “principal-protected note”.
Division 18 of Part 4 amends the Office of the Superintendent of Financial Institutions Act to increase to $100,000,000 the maximum amount that expenditures made out of the Consolidated Revenue Fund to defray the expenses arising out of the operations of the Office may exceed the Office’s total assessments and revenues.
Division 19 of Part 4 amends the Bank of Canada Act to clarify that the Bank of Canada may enter into repurchase, reverse repurchase and buy-sellback agreements.
Division 20 of Part 4 amends the Canada Business Corporations Act to
(a) harmonize fines for a corporation guilty of an offence related to the collection or sending of information regarding individuals with significant control; and
(b) set separate fines and imprisonment terms on the basis of a summary conviction or a conviction on indictment for a director, officer or shareholder of a corporation guilty of an offence related to individuals with significant control.
Division 21 of Part 4 amends Parts I to III of the Canada Labour Code to, among other things,
(a) provide that a person who is paid remuneration by an employer is presumed to be their employee unless the contrary is proved by the employer;
(b) provide that if, in any proceeding other than a prosecution, an employer alleges that a person is not their employee, the burden of proof is on the employer; and
(c) prohibit an employer from treating an employee as if they were not their employee.
Finally, it also includes transitional provisions.
Division 22 of Part 4 amends the Canada Labour Code to, among other things, set out certain employer obligations relating to policies respecting work-related communication and clarify certain employee rights and employer obligations relating to terminations of employment. It also includes transitional provisions.
Division 23 of Part 4 amends the Employment Insurance Act to extend, until October 24, 2026, the duration of the measure that increases the maximum number of weeks for which benefits may be paid in a benefit period to certain seasonal workers.
Division 24 of Part 4 amends section 61 of An Act for the Substantive Equality of Canada’s Official Languages in order to add a reference to subsections 18(1.1) and (1.2) of the Use of French in Federally Regulated Private Businesses Act in subsection 19(1) of that Act, which An Act for the Substantive Equality of Canada’s Official Languages enacts.
Division 25 of Part 4 authorizes a corporation that is to be incorporated as a wholly owned subsidiary of the Canada Development Investment Corporation to provide loan guarantees as part of an Indigenous loan guarantee program and authorizes the payment out of the Consolidated Revenue Fund by the Minister of Finance of amounts that are required in respect of those guarantees.
Division 26 of Part 4 authorizes the payment of up to $1.3 million to entities or individuals involved in the government’s engagement in a pilot project for the creation of a Red Dress Alert.
Division 27 of Part 4 provides that the subsidiary of VIA Rail Canada Inc. incorporated with the corporate name VIA HFR - VIA TGF Inc. is, as of the date of its incorporation, an agent of His Majesty in right of Canada and may enter into contracts, agreements and other arrangements with His Majesty as though it were not such an agent.
Division 28 of Part 4 amends the Impact Assessment Act , in response to the majority opinion of the Supreme Court of Canada on the constitutionality of that Act, to, among other things,
(a) align the preamble and purpose provision with the primary objective of that Act, which is to prevent or mitigate significant adverse effects within federal jurisdiction — and significant direct or incidental adverse effects — that may be caused by the carrying out of physical activities;
(b) replace the definition “effects within federal jurisdiction” with “adverse effects within federal jurisdiction” and, in doing so,
(i) restrict the definition to non-negligible adverse changes,
(ii) limit transboundary changes to those involving the pollution of transboundary waters and the marine environment, and
(iii) include, in respect of federal works or undertakings and activities carried out on federal lands, non-negligible adverse changes to the environment or to health, social and economic conditions;
(c) ensure that the impact assessment process applies only to those physical activities that may cause adverse effects within federal jurisdiction or direct or incidental adverse effects;
(d) ensure that, in deciding if an impact assessment of a designated project is required, one factor that the Impact Assessment Agency of Canada must take into account is whether another means exists that would permit a jurisdiction to address those effects;
(e) amend the final decision-making provisions to provide for an initial determination as to whether the adverse effects within federal jurisdiction and the direct or incidental adverse effects are likely to be, to some extent, significant, and then, if so, provide for a determination as to whether those effects are justified in the public interest; and
(f) improve cooperation tools to better harmonize the impact assessment process with the processes for assessing effects that are followed by provincial and Indigenous jurisdictions.
Finally, it also includes transitional provisions.
Division 29 of Part 4 amends the Judges Act to increase the number of salaries authorized for judges of superior courts other than appeal courts. It also reduces in a corresponding manner the number of salaries authorized for judges of provincial unified family courts.
Division 30 of Part 4 amends the Tax Court of Canada Act to provide that, if a party to a proceeding under the general procedure of the Tax Court of Canada is not an individual, that party must be represented by counsel, except under special circumstances.
Division 31 of Part 4 amends the Food and Drugs Act to, among other things, authorize the Minister of Health to
(a) establish rules for the purpose of preventing, managing or controlling the risk of injury to health from the use of therapeutic products, other than the intended use, or the risk of adverse effects on human beings, animals or the environment from the use of a drug intended for an animal;
(b) exempt any food, therapeutic product, person or activity from the application of certain provisions of that Act or its regulations; and
(c) deem, on the basis of decisions of, information or documents produced by, a foreign regulatory authority, that certain requirements of that Act or its regulations are met in respect of a therapeutic product or food.
Finally, it also includes a transitional provision.
Division 32 of Part 4 amends the Tobacco and Vaping Products Act to authorize the provision of customs information to the Minister responsible for that Act for the purpose of the administration and enforcement of that Act and to authorize that Minister to disclose information to other federal ministers for certain purposes.
Division 33 of Part 4 amends the Criminal Code to broaden the criminal interest rate offence to prohibit a person from offering to enter into an agreement or arrangement to receive interest at a criminal rate and from advertising an offer to enter into an agreement or arrangement that provides for the receipt of interest at a criminal rate. It also repeals the provision that requires the consent of the Attorney General prior to commencing proceedings related to the offence.
Division 34 of Part 4 contains measures that are related to money laundering, terrorist financing and sanctions evasion and other measures.
Subdivision A of Division 34 amends the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to, among other things,
(a) permit information sharing between reporting entities for the purpose of detecting and deterring money laundering, terrorist financing and sanctions evasion;
(b) authorize, subject to certain conditions, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) to disclose certain information to provincial and territorial civil forfeiture offices and to the Department of Citizenship and Immigration;
(c) authorize FINTRAC to publicize additional information pertaining to violations of that Act; and
(d) extend the application of that Act to cheque cashing businesses.
It also makes consequential amendments to the Personal Information Protection and Electronic Documents Act and the Cross-border Currency and Monetary Instruments Reporting Regulations .
Subdivision B of Division 34 amends the Income Tax Act and the Excise Tax Act to allow provincial or superior court judges, a judge of a superior court of criminal jurisdiction or a judge as defined in section 552 of the Criminal Code to grant on application by a Canada Revenue Agency official the authorization to use device or investigative technique, or procedure or otherwise do any thing provided in a warrant, for purposes of tax investigations.
Subdivision C of Division 34 amends the Criminal Code to provide for an order to keep an account open or active and for a production order to require the production of documents or data that are in a person’s possession or control on dates specified in an order that fall within the 60-day period after the day on which it is made.
Division 35 of Part 4 amends the Criminal Code to, among other things,
(a) create new offences in respect of motor vehicle theft, including an offence concerning the possession or the distribution of an electronic device suitable for committing theft of a motor vehicle, and in respect of criminal organizations; and
(b) add, as an aggravating factor, evidence that an offender involved a person under the age of 18 years in the commission of an offence.
It also makes consequential amendments to other Acts.
Division 36 of Part 4 amends the Radiocommunication Act to, among other things, prohibit the manufacture, import, distribution, lease, offer for sale, sale or possession of certain devices specified by the Minister of Industry. It also amends that Act to establish as an offence or a violation the contravention of that prohibition.
Division 37 of Part 4 amends the Telecommunications Act to, among other things, require telecommunications service providers to provide their subscribers with a self-service mechanism that allows them to cancel their contract for telecommunications services or modify their telecommunications service plan and to inform those subscribers before the expiry of their fixed-term contract, as well as in other specified circumstances, of other service plans that those providers offer. It also amends that Act to prohibit the charging of certain fees.
Division 38 of Part 4 amends the Immigration and Refugee Protection Act to, among other things,
(a) eliminate the designated countries of origin regime;
(b) expand the powers of the Minister of Citizenship and Immigration to specify the information and documents that are required in support of a claim for refugee protection;
(c) authorize the Refugee Protection Division of the Immigration and Refugee Board to determine that claims for refugee protection that have not yet been referred to the Refugee Protection Division have been abandoned in certain circumstances;
(d) provide the Minister of Citizenship and Immigration with the power to determine that claims for refugee protection that have not yet been referred to the Refugee Protection Division have been withdrawn in certain circumstances;
(e) require that certain refugee claimants be authorized to enter and remain in Canada until a final determination is made in respect of their claim;
(f) authorize regulations to be made setting out conditions that must be imposed on refugee claimants who are authorized to enter and remain in Canada;
(g) provide for the deemed inadmissibility of foreign nationals whose refugee claims are rejected or determined to be abandoned or withdrawn and for the automatic making of removal orders in those circumstances;
(h) require the Refugee Protection Division and the Refugee Appeal Division to suspend certain proceedings respecting a claim for refugee protection if the claimant is not present in Canada;
(i) clarify that decisions of the Immigration and Refugee Board must be rendered, and reasons for those decisions must be given, in the manner specified by its Chairperson; and
(j) provide the Minister of Citizenship and Immigration and the Minister of Public Safety and Emergency Preparedness with the power to designate, in relation to certain proceedings or applications, a representative for persons who are under 18 years of age or who are unable to appreciate the nature of the proceeding or application.
Finally, it also includes transitional provisions.
Division 39 of Part 4 amends the Corrections and Conditional Release Act to, among other things,
(a) provide that the Correctional Service of Canada is responsible for implementing any arrangement — approved by the Minister of Public Safety and Emergency Preparedness — entered into by the Commissioner of Corrections and the Canada Border Services Agency with respect to the support that the Service may provide to the Agency to assist in the exercise of certain powers or the performance of certain duties and functions;
(b) control the access of the inmates of a penitentiary to a designated immigrant station adjacent to the penitentiary and the access of the immigration detainees of a designated immigrant station to a penitentiary adjacent to the station; and
(c) provide that, in exigent circumstances, staff members of the Service may provide additional support to detention enforcement officers of the Agency to assist them in the exercise of certain powers or the performance of certain duties and functions.
It also amends the Immigration and Refugee Protection Act to define the term “immigrant station” and provide that an area of a penitentiary may be an immigrant station only if it is designated under the Corrections and Conditional Release Act .
Finally, it provides for the repeal of those amendments on a specified date and includes a transitional provision.
Division 40 of Part 4 contains measures related to public debt and the borrowing of money.
Subdivision A of Division 40 amends the Financial Administration Act to clarify that certain regulations and directions do not apply to contracts related to the borrowing of money entered into by the Minister of Finance.
Subdivision B of Division 40 amends the Borrowing Authority Act to increase the maximum amount of certain borrowings.
Division 41 of Part 4 amends the Trust and Loan Companies Act , the Bank Act and the Insurance Companies Act to require certain financial institutions to make available information respecting diversity among directors and members of senior management.
Division 42 of Part 4 amends the Trust and Loan Companies Act , the Bank Act and the Insurance Companies Act to extend the period during which federal financial institutions governed by those Acts may carry on business.
Division 43 of Part 4 amends the Federal Courts Act to provide that the Federal Court has jurisdiction to hear applications for judicial review of decisions of the Social Security Tribunal on the extension of time to make a request for review or reconsideration under the Canada Disability Benefit Act . It also amends the Tax Court of Canada Act and the Department of Employment and Social Development Act to, among other things, provide the Tribunal with jurisdiction to hear appeals of decisions made under the Canada Disability Benefit Act and require that matters related to income raised in those appeals be referred to the Tax Court of Canada.
Division 44 of Part 4 amends the Controlled Drugs and Substances Act to repeal provisions related to the ministerial power to exempt supervised consumption sites from the application of that Act. It also amends that Act to allow for the making of regulations respecting authorizations for supervised consumption and drug checking services and includes transitional provisions.

Budget Implementation Act, 2024, No. 1

[Patty Hajdu, Liberal, Thunder Bay—Superior North, ON]

moved that Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024, be read the second time and referred to a committee.

[Kevin Lamoureux, Liberal, Parliamentary Secretary to the Leader of the Government in the House of Commons]

Mr. Speaker, what a pleasure it is to rise to start the debate on Bill C-69.

Governments have an opportunity every year to set down in legislation initiatives that could have a wonderful impact. I look at Bill C-69 as a budget implementation bill that would really make a difference in the lives of Canadians. I would like to think that all members of the House would get behind the legislation and the budget for the many positive initiatives the budget would put in place for the benefit of all Canadians, no matter what region of the country they are in.

I personally think there is a theme to be taken from the budget, which I hear many of my colleagues talk about, whether it is the Prime Minister or members of caucus, and that is a sense of fairness. We need to think about generation X and the millennials, and how the government can ensure there is a higher sense of fairness. We saw a good example of that in 2015-16 when we brought in our first budget. Taxation policy is important. Through the legislation and the budget, we will see there is a higher sense of fairness as we are look to the wealthiest in the country to pay a fairer share.

This is not the first time. In fact in 2015-16, we put a special increase on the tax on Canada's wealthiest 1%. Today it is even a smaller percentage. We recognize there is a need for us to provide the good-quality programming the government has had over the last number of years, much of it being enhanced in the budget and legislation. Some of the programs we are seeing for the first time, and others are a continuation. What it really means at the end of day is that we have a government that very much cares about the well-being of Canadians and wants to support them in a fair fashion.

If we look at overall government policies over the last eight-plus years, we will see that, in comparison to other countries in the world, Canada is doing relatively well. I will highlight a few of them. However, before I do that, I want to talk about the last few times the Prime Minister came to Manitoba. In my opinion, they highlight three areas Canadians understand and the fact that they very much appreciate the government's making them a high priority.

Last year, the Prime Minister visited Stanley Knowles School in Manitoba, which is pretty close to the heart of Winnipeg North, to highlight child care. He visited a child care facility at Stanley Knowles School, and the reception was exceptionally positive as people understood what the Government of Canada was doing. For the first time, we have a national child care program that ensures $10-a-day day care. It has had a profoundly positive impact in the province of Manitoba and, indeed, in all of Canada.

The Province of Quebec instituted it many years ago. We took the idea and turned it into a national program. As a direct result, not only are we making child care more affordable for Canadians but we are also enabling more women than ever, on a percentage basis, to get engaged in the workforce. It is no real surprise, as we anticipated that would happen. There are many benefits, as we have seen, of the $10-a-day child care program, the first ever by the national government. Every province and territory has now signed on, recognizing the true value.

For the second visit from the Prime Minister, I was able to participate in a press conference. The single greatest issue I have seen over the last 30-plus years as a parliamentarian, in my constituency and, I would argue, across Canada, is the issue of health care. We love our health care system. We are passionate about it. In fact, when I talk to many people and ask them what makes them feel good about being a Canadian, our health care system is often what comes up as the thing that helps us identify as and feel good about being Canadian.

As members know, working with all the different provinces, the federal government came up with a generational commitment of $198 billion, not million, over 10 years. That would enable long-term financial planning in an area that Canadians are genuinely concerned about. At that particular press conference, we had not only the Prime Minister but also the national Minister of Health, the Premier of Manitoba, the provincial minister of health and the most important people, the health care workers there to witness the announcement for the Province of Manitoba.

What took place in Manitoba is taking place across the country because, for the first time in over a generation, we have a Prime Minister who is committed to ensuring that we have a world-class health care system that deals with the issues we are hearing about at the doors from people. There are concerns about family doctors; concerns about health care workers; concerns about how we are going to be able to get things, such as credentials, recognized; concerns about how we can ensure that health care workers are being valued; and concerns about how we can bring additional health care workers and support staff into the system so that we are able to meet the expectations Canadians have.

We are looking at ways in which we can expand into mental health like we have never done in the past. This is a government that cares about health care and is looking at the Canada Health Act and the benefits it provides every Canadian in every region.

I made reference to child care and gave credit to the province of Quebec. For health care, a great deal of credit goes to the province of Saskatchewan, where it originated. More recently, we had the Prime Minister come to Winnipeg, and this time we were involved in a press conference that included not only the national Minister of Housing but also the premier of the province, provincial ministers and the mayor of Winnipeg. At that particular press conference, we dealt with the issue of housing.

We are very much aware of the needs for housing. I have stood in this chamber on numerous occasions to talk about the importance of the issue of housing. It is somewhat hypocritical of the official opposition to stand in its place and criticize the federal government for not doing enough on housing. I compare what the Conservatives did when they were in government, and in particular the current leader of the Conservative Party, who I think built six non-profit housing units in total. He spent hundreds of millions and was able to get six built, but I did not necessarily want to get to that. It is a bit off track.

The point is that we had a wonderful press conference with different stakeholders out in Transcona, where we had great participation from a wonderful housing complex, and we had the opportunity to talk about some of the things the federal government is doing. Working with the different levels of government, we are going to have an optimum impact on dealing with an issue that is so critically important to all Canadians.

What is providing a great deal of comfort is the fact that it is something we have been talking about for months now, even longer. I would not be surprised if we went back a couple of years, when members might have heard me talking about the issue of housing and how the best way to deal with housing issues in Canada is to have all three levels of government, and other stakeholders, engaged. That is the only way. It is not one level of government that cures all. It is going to take all levels of government working together, as well as the non-profit organizations.

I often talk about Habitat for Humanity. Habitat is a wonderful organization. It has likely done more in building affordable housing than any other non-profit organization, at least that I am personally aware of. In the province of Manitoba, we are talking about hundreds of homes over the years. I believe we are somewhere in the neighbourhood of 600 homes built, all of which are affordable. These homes were provided to individuals who never would have had the opportunity to have housing.

We had the stakeholders, the premier, the mayor and the Prime Minister in Winnipeg talking about things such as accelerating funding, providing supports to the City of Winnipeg so it can speed up its process, working with the province to ensure there is going to be more non-profit housing units built and that the province would be at the table, both in a financial fashion and with other forms of resources. This is to complement other budgetary measures, which dealt with, for example, the GST removal on purpose-built rentals for the country. These are initiatives for which Ottawa is not only taking upon itself and demonstrating leadership on but also working with the different levels of government. We are talking somewhere in the neighbourhood, through this budget, of just over four million new homes as a target in the coming years. That cannot be done by the federal government alone, and we have demonstrated our willingness to work with the different stakeholders, including our partners.

There is also our commitment to indigenous housing and working within indigenous communities. In Winnipeg, indigenous communities stepped up and worked with the Hudson's Bay Company to develop housing in downtown Winnipeg. There is also what is taking place in rural communities across the country.

The budget shows how important it is that we not only have a higher sense of fairness but also that we move forward with a healthy, stronger economy, which is in the best interest of all.

One of the things I took away from the budget, which the Deputy Prime Minister made reference to, is something I want to highlight because, to me, it really does matter. It puts things into perspective. No matter how much the Conservatives want to spread misinformation, the reality is that, in comparison to other countries around the world, Canada is doing exceptionally well.

I will give an example from the Deputy Prime Minister's speech and the stats on foreign direct investment. People and companies around the world looking at where to invest their hundreds of millions and billions of dollars will often look at Canada. Not only will they look at Canada, but they will also invest here. With direct foreign investment, on a per capita basis, Canada is number one out of the G7 countries. That is number one in direct foreign investment.

Throughout the world, per capita, Canada is number three. I would suggest that people, businesses and corporations around the world that are taking a look at where to invest are looking at Canada, and that is not an accident.

Let me elaborate on that. No government in Canada's history has signed off on more trade agreements than this government, under this Prime Minister, has. No government in the history of Canada has signed off on more trade agreements than this government has. Canada is a trading nation. We need trade. All of us benefit from it. That is one of the reasons why, I would argue, people around the world are not only looking at Canada but also investing in Canada. They are doing that because they see the stability that is here, along with a myriad of other positive attributes.

Members can take a look at the investments. The Conservatives have been critical. They do not like the fact that we are helping Volkswagen, for example—

[Ed Fast, Conservative, Abbotsford, BC]

Madam Speaker, I rise on a point of order. There appears to be so little interest in this budget on the Liberal side of the House that we do not have quorum.

[The Assistant Deputy Speaker (Mrs. Alexandra Mendès), Liberal, Alexandra Mendes]

I will ask the clerk to count the members present.

And the count having been taken:

[The Assistant Deputy Speaker (Mrs. Alexandra Mendès), Liberal, Alexandra Mendes]

We now have a quorum, and the debate will continue with the hon. parliamentary secretary.

[Kevin Lamoureux, Liberal, Winnipeg North, MB]

Madam Speaker, I do not how many times, when I was sitting on the opposition benches and Stephen Harper was the then prime minister, I could have called for a quorum count because there were no Conservatives in the chamber. I am talking about nine years ago when the Conservatives had a majority government.

I will stay away from the games that the member opposite wants to play because I know he is a little sensitive about the issue of just how well Canada is doing in comparison to countries around the world, contrary to what the Conservatives say. The Conservatives have been going around the country with misinformation. They want to say that Canada is broken. If they really and truly believe that Canada is broken, what does that say about the world, when Canada is doing so much better in so many ways than the rest of the world? The bottom line is that the Conservatives are like a dark cloud, going all over the place to spread nothing but bad, sad news, which is often, consistently, based on misinformation.

Where was I? I was talking about investments in Volkswagen. On the one hand, there are the far right Conservative Party members saying that they do not support the Volkswagen investment. Members can imagine a manufacturing plant that would take up the size of 200 football fields. It is going to be the largest manufacturing plant in Canada, in terms of land usage, and they are all to be green jobs. Doug Ford, the Progressive Conservative Premier of Ontario, is also putting up substantial financial support. At least he recognizes the value there. Just the other day, Honda made another huge investment in Canada. I believe it is Honda's largest investment ever in North America, and it deals with the electrification of vehicles.

The government sees that green jobs are good jobs. We are investing in them in a very real and tangible way. We are going to see thousands of direct and indirect jobs. This is a government that understands the value of a healthy economy. Since being elected, we have generated well over two million jobs. In the same amount of time, we have had more than double the number of jobs that were created under Stephen Harper. We understand the benefits of a strong, healthy economy and of supporting Canadians.

[Jasraj Singh Hallan, Conservative, Calgary Forest Lawn, AB]

Madam Speaker, the current Prime Minister has put more debt on Canadians' heads than has every single prime minister before him, combined. That led to doubling of the national debt and gave Canadians 40-year highs in inflation with the most rapid interest rate hikes, not seen in Canadian history. Now we see students living under bridges. We see that people like nurses and teachers, with well-paying jobs, are now having to live in their cars. There are food bank lineups, with two million people going to a food bank in a single month. With this budget, $54.1 billion will go to servicing just the interest on the debt that the Prime Minister accumulated, when it should be going to doctors, nurses and our health care. More is going to bankers, bondholders and the finance minister's Bay Street buddies than to health care transfers. Why?

[Kevin Lamoureux, Liberal, Winnipeg North, MB]

Madam Speaker, it was not that long ago when we had a worldwide pandemic. We literally spent billions and billions of dollars to support Canadians. Through CERB, we supported more than nine million Canadians. We supported hundreds of thousands of businesses, both directly and indirectly, again, costing billions and billions of dollars. The Conservative Party voted in favour of those expenditures. Therefore, with respect to much of the debt that the Conservatives criticize today, they actually voted in favour of our spending that money. It is like giving a kid a candy bar and then criticizing the kid for eating it. Really? The Conservative Party knows no bounds when it comes to hypocrisy and shame. Canada's debt is very much under control—

[The Assistant Deputy Speaker (Mrs. Alexandra Mendès), Liberal, Alexandra Mendes]

Questions and comments, the hon. member for Longueuil—Saint-Hubert.

[Denis Trudel, Bloc, Longueuil—Saint-Hubert, QC]

Madam Speaker, my colleague just talked at length about housing in his speech. In 2017, the Liberal federal government launched its major national housing strategy, which would span a decade and cost $82 billion. It should have addressed all the housing needs of Canadians. Today, the latest CMHC reports say we need to build 5.8 million homes in Canada by 2030.

Over the three weeks leading up to the budget, the Liberal government made daily housing announcements. Across Canada, the Liberals announced new programs and new spending. However, we noted substantial interference in provincial jurisdictions, to the tune of some 50 pages in the budget on housing—which we welcome. Does the fact the budget contains 50 pages on housing not constitute an admission of failure with respect to the $82-billion decade-long national housing strategy?

[Kevin Lamoureux, Liberal, Winnipeg North, MB]

Madam Speaker, I think of the commitment in terms of working with the different stakeholders, provinces and territories building a stronger and healthier Canada. This is the big difference between me and members of the Bloc: I do not see the federal government strictly as an ATM; I believe that the federal government has a role to play, for example in things like a national pharmacare program and a national school food program. We have the Canada disability benefit, which I would love to have been able to expand on. We have the Canada dental program. There are so many things in which, as a progressive government, we are supporting Canadians in a very real and tangible way. That means working with people and working with different jurisdictions in order to have that profoundly positive impact, and I am very proud of that.

[Alistair MacGregor, NDP, Cowichan—Malahat—Langford, BC]

Madam Speaker, I would like to refer to the part in this bill that would double the volunteer firefighter tax credit and the search and rescue tax credit. The hon. member for Courtenay—Alberni has really been pushing on this issue. He introduced a private member's bill, Bill C-310. He has introduced countless petitions, and I have tabled a few of them. We have spoken to volunteer firefighter and search and rescue organizations right across the country, and this is a really meaningful impact that the NDP successfully pushed the Liberals to adopt.

Can the hon. member just talk about what the doubling of this tax credit and the NDP pressure to do so would mean for volunteer firefighters and search and rescue personnel who, in many rural communities, including mine in Cowichan—Malahat—Langford, do all that important work? What would it mean for them to be able to continue to serve our communities in the honourable way that they do?

[Kevin Lamoureux, Liberal, Winnipeg North, MB]

Madam Speaker, I appreciate the question, but I can honestly say that the strongest advocate I have ever seen with respect to firefighters is my friend the former deputy House leader, now parliamentary secretary to the Minister of Emergency Preparedness.

What I like about the budget is that it is a true reflection of what Canadians have been advocating for to parliamentarians, both opposition and government members. I truly believe that. Therefore, when we look at the budget, what we see is a reflection of the values and thoughts of Canadians with respect to the type of budget they want to see. That is why, in my previous response, I made reference to things such as pharmacare, the national school food program and other types of social programs, along with economic policies that are going to help build a stronger and healthier economy.

[Mike Morrice, Green, Kitchener Centre, ON]

Madam Speaker, I appreciate that the member for Winnipeg North, the parliamentary secretary, recognizes that we are in a housing crisis.

Back in budget 2022, there was a funding stream called the rapid housing initiative. It allocated $750 million a year over two years so that non-profits could apply to build non-market housing. Obviously, it was not enough. As a result of the crisis we are in, we need to see the government go further and faster.

Non-profits in my community, from the YWCA to the House of Friendship and The Working Centre, are looking to this budget expecting dollars for them to build non-market housing. What do we see in budget 2024? It is down to $195 million a year, from $750 million. The $750 million was not enough, and this year's budget cuts it dramatically.

Why does the parliamentary secretary think this is going to be enough to address the housing crisis we are in?

[Kevin Lamoureux, Liberal, Winnipeg North, MB]

Madam Speaker, it is important that we look at it from a holistic approach. At the end of the day, as a national government over the last seven or eight years, we can say that no government in Canada's history has invested more into housing, and we have done it in different ways. In this budget, we continue to amplify the need to get homes built as quickly as possible. That means, for example, working with the municipalities. I referred to the city of Winnipeg. I think it was around $192 million back in December, when we had a major announcement to try to speed up the processing of permits and so forth.

Sometimes the money that is allocated benefits not only for-profit, but also not-for-profit organizations. I know that I, for one, continue to want to promote and encourage more development in the whole housing co-op area.