Bill C-60 (Historical)

Economic Action Plan 2013 Act, No. 1

An Act to implement certain provisions of the budget tabled in Parliament on March 21, 2013 and other measures

Part 1 implements certain income tax measures proposed in the March 21, 2013 budget. Most notably, it
(a) allows certain adoption-related expenses incurred before a child’s adoption file is opened to be eligible for the Adoption Expense Tax Credit;
(b) introduces an additional credit for first-time claimants of the Charitable Donations Tax Credit;
(c) makes expenses for the use of safety deposit boxes non-deductible;
(d) adjusts the Dividend Tax Credit and gross-up factor applicable in respect of dividends other than eligible dividends;
(e) allows collection action for 50% of taxes, interest and penalties in dispute in respect of a tax shelter that involves a charitable donation;
(f) extends, for one year, the Mineral Exploration Tax Credit for flow-through share investors;
(g) extends, for two years, the temporary accelerated capital cost allowance for eligible manufacturing and processing machinery and equipment;
(h) clarifies that the income tax reserve for future services is not available in respect of reclamation obligations;
(i) phases out the additional deduction available to credit unions over five years;
(j) amends rules regarding the judicial authorization process for imposing a requirement on a third party to provide information or documents related to an unnamed person or persons; and
(k) repeals the rules relating to international banking centres.
Part 1 also implements other income tax measures and tax-related measures. Most notably, it
(a) amends rules relating to caseload management of the Tax Court of Canada;
(b) streamlines the process for approving tax relief for Canadian Forces members and police officers;
(c) addresses a technical issue in relation to the temporary measure that allows certain family members to open a Registered Disability Savings Plan for an adult individual who might not be able to enter into a contract; and
(d) simplifies the determination of the Canadian-source income of non-resident pilots employed by Canadian airlines.
Part 2 implements certain goods and services tax and harmonized sales tax (GST/HST) measures proposed in the March 21, 2013 budget by
(a) reducing the compliance burden for employers under the GST/HST pension plan rules;
(b) providing the Minister of National Revenue the authority to withhold GST/HST refunds claimed by a business where the business has failed to provide certain GST/HST registration information;
(c) expanding the GST/HST exemption for publicly funded homemaker services to include personal care services provided to individuals who require such assistance at home;
(d) clarifying that reports, examinations and other services that are supplied for a non-health-care-related purpose do not qualify for the GST/HST exemption for basic health care services; and
(e) ending the current GST/HST point-of-sale relief for the Governor General.
Part 2 also amends the Excise Tax Act and Excise Act, 2001 to modify the rules regarding the judicial authorization process for imposing a requirement on a third party to provide information or documents related to an unnamed person or persons.
In addition, Part 2 amends the Excise Act, 2001 to ensure that the excise duty rate applicable to manufactured tobacco other than cigarettes and tobacco sticks is consistent with that applicable to other tobacco products.
Part 3 implements various measures, including by enacting and amending several Acts.
Division 1 of Part 3 amends the Customs Tariff to extend for ten years, until December 31, 2024, provisions relating to Canada’s preferential tariff treatments for developing and least-developed countries. Also, Division 1 reduces the rate of duty under tariff treatments in respect of a number of items relating to baby clothing and certain sports and athletic equipment imported into Canada on or after April 1, 2013.
Division 2 of Part 3 amends the Trust and Loan Companies Act, the Bank Act, the Insurance Companies Act and the Cooperative Credit Associations Act to remove some residency requirements to provide flexibility for financial institutions to efficiently structure the committees of their boards of directors.
Division 3 of Part 3 amends the Federal-Provincial Fiscal Arrangements Act to renew the equalization and territorial formula financing programs until March 31, 2019 and to implement total transfer protection for the 2013-2014 fiscal year. That Act is also amended to clarify the time of calculation of the growth rate of the Canada Health Transfer for each fiscal year beginning after March 31, 2017.
Division 4 of Part 3 authorizes payments to be made out of the Consolidated Revenue Fund to certain entities or for certain purposes.
Division 5 of Part 3 amends the Canadian Securities Regulation Regime Transition Office Act to remove the statutory dissolution date of the Canadian Securities Regulation Regime Transition Office and to provide authority for the Governor in Council, on the Minister of Finance’s recommendation, to set another date for the dissolution of that Office.
Division 6 of Part 3 amends the Investment Canada Act to clarify how proposed investments in Canada by foreign state-owned enterprises and WTO investors will be assessed and to allow for the extension, when necessary, of timelines associated with national security reviews.
Division 7 of Part 3 amends the Canada Pension Plan to ensure that the Canada Revenue Agency can accurately identify, calculate and refund overpayments made to the Canada Pension Plan and the Quebec Pension Plan in a particular year by contributors who live outside Quebec.
Division 8 of Part 3 amends the Pension Act and the War Veterans Allowance Act to ensure that veterans’ disability benefits are no longer deducted when calculating war veterans allowance.
Division 9 of Part 3 amends the Immigration and Refugee Protection Act to authorize the revocation of temporary foreign worker permits, the revocation and suspension of opinions provided by the Department of Human Resources and Skills Development with respect to an application for a work permit and the refusal to process requests for such opinions. It authorizes fees to be paid for rights and privileges conferred by means of a work permit and exempts, from the application of the User Fees Act, those fees as well as fees for the provision of services in relation to the processing of applications for a temporary resident visa, work permit, study permit or extension of an authorization to remain in Canada as a temporary resident or in relation to requests for an opinion with respect to an application for a work permit.
It also provides that decisions made by the Refugee Protection Division under the Immigration and Refugee Protection Act in respect of claims for refugee protection that were referred to that Division during a specified period are not subject to appeal to the Refugee Appeal Division if they take effect after a certain date.
Division 10 of Part 3 amends the Citizenship Act to expand the Governor in Council’s authority to make regulations respecting fees for services provided in the administration of that Act and cases in which those fees may be waived. It also exempts, from the application of the User Fees Act, fees for services provided in the administration of the Citizenship Act.
Division 11 of Part 3 amends the Nuclear Safety and Control Act to authorize the Canadian Nuclear Safety Commission to spend for its purposes the revenue it receives from the fees it charges for licences.
Division 12 of Part 3 enacts the Department of Foreign Affairs, Trade and Development Act, sets out the powers, duties and functions of the Minister of Foreign Affairs, the Minister for International Trade and the Minister for International Development and provides for the amalgamation of the Department of Foreign Affairs and International Trade and the Canadian International Development Agency.
Division 13 of Part 3 authorizes the taking of measures with respect to the reorganization and divestiture of all or any part of Ridley Terminals Inc.
Division 14 of Part 3 amends the National Capital Act and the Department of Canadian Heritage Act to transfer certain powers, duties and functions to the Minister of Canadian Heritage from the National Capital Commission. It also makes consequential amendments to the National Holocaust Monument Act to change the Minister responsible for the construction of the monument to the Minister of Canadian Heritage from the Minister responsible for the National Capital Act.
Division 15 of Part 3 amends the Salaries Act to add ministerial positions for regional development responsibilities for northern Canada, and northern and southern Ontario. It also amends the Salaries Act to replace a reference to the Solicitor General of Canada with a reference to the Minister of Public Safety and Emergency Preparedness. It also makes an amendment to the Parliament of Canada Act to provide that the maximum number of Parliamentary Secretaries who may be appointed is equal to the number of ministers for whom salaries are provided in the Salaries Act.
Division 16 of Part 3 amends the Department of Public Works and Government Services Act to remove the requirement for the Minister of Public Works and Government Services to obtain a request from a government, body or person in Canada or elsewhere in order for the Minister to do certain things for or on their behalf. It also amends that Act to specify that the Governor in Council’s approval relating to those things may be given on a general or a specific basis.
Division 17 of Part 3 amends the Financial Administration Act to give the Governor in Council the authority to direct a Crown corporation to have its negotiating mandate approved by the Treasury Board for the purpose of the Crown corporation entering into a collective agreement with a bargaining agent. It also gives the Treasury Board the authority to require that an employee under the jurisdiction of the Secretary of the Treasury Board observe the collective bargaining between the Crown corporation and the bargaining agent. It requires that a Crown corporation that is directed to have its negotiating mandate approved obtain the Treasury Board’s approval before entering into a collective agreement. It also gives the Governor in Council the authority to direct a Crown corporation to obtain the Treasury Board’s approval before the Crown corporation fixes the terms and conditions of employment of certain of its non-unionized employees. Finally, it makes consequential amendments to other Acts.
Division 18 of Part 3 amends the Keeping Canada’s Economy and Jobs Growing Act to provide for increases to the sums that may be paid out of the Consolidated Revenue Fund for municipal, regional and First Nations infrastructure through the Gas Tax Fund. It also provides that the sums may be paid on the requisition of the Minister of Indian Affairs and Northern Development.

Economic Action Plan 2013 Act, No. 1

[Julian Fantino, Conservative, Vaughan, ON]

moved that Bill C-60, An Act to implement certain provisions of the budget tabled in Parliament on March 21, 2013 and other measures, be read the second time and referred to a committee.

[Shelly Glover, Conservative, Parliamentary Secretary to the Minister of Finance]

Mr. Speaker, I would like to seek unanimous consent to split my time with the hon. member for Kamloops—Thompson—Cariboo.

[The Acting Speaker, Conservative, Bruce Stanton]

Does the hon. parliamentary secretary have the consent of the House to share her time?

[Some hon. members]

Agreed.

[Shelly Glover, Conservative, Saint Boniface, MB]

Mr. Speaker, I thank my colleagues in the House.

I am pleased to have this opportunity to kick off debate on Bill C-60, the economic action plan 2013 act. As the name suggests, Bill C-60 would implement key measures from the recent federal budget, economic action plan 2013, which is a positive and forward-looking blueprint to help grow the Canadian economy today and into tomorrow. This plan would make our economy stronger by helping our manufacturers buy new equipment with tax relief, help small businesses create more jobs with a hiring credit, help rebuild our roads and bridges with record new support for infrastructure and much more.

Today's legislation, along with the standard second budget implementation bill, which will be introduced in the fall, will help implement that ambitious and positive plan.

Before I get into the substance of the bill, I would like to say that, as a proud member of the Standing Committee on Finance, I look forward to studying the bill in committee.

As the Minister of Finance said earlier this week, the study of the Economic Action Plan 2013 Act will not be exclusive to the Standing Committee on Finance.

In fact, the government members on the Standing Committee on Finance will move a motion that some other committees review specific aspects of the bill. I hope the opposition will give us its support.

In terms of the legislation we are dealing with today, we must not forget that the economic action plan 2013 is part of a comprehensive plan that goes back to 2006 when our Conservative government came to power. The priorities at the heart of the plan were the Canadian economy, job creation and tax cuts to help families keep more money in their pockets.

I am pleased to say that the plan worked even in the worst global recession since the Great Depression. As we conduct our study, the NDP and the Liberals will try to have us swallow bogus figures, if you will, on Canada's labour market. They will distort the facts and play every conceivable shell game to conceal the truth.

However, the facts are in. All of Canada's credible, independent organizations, such as the Bank of Canada and even Statistics Canada, have the figures and can substantiate them. Canada has created slightly more than 900,000 net new jobs since the depths of the recession in July. More than 90% are full-time jobs and nearly 80% are in the private sector.

This outstanding record has made Canada the top G7 country in terms of job creation since the end of the global recession.

Despite what the NDP and the Liberals would have Canadians believe, over 1.4 million net new jobs have been created since January 2006 when the Conservative government took power. We have also seen that as the best job creation in the entire G7 during that entire time period.

It is not only on the job front where Canada is leading the way. I want to share some of that positive news to counter all the talking down of Canada and of our economy that we are hearing from the NDP and the Liberals.

While the opposition will try to bash the Canadian economy with negative messages and their procedural games to scare people watching at home, I am going to try to build it up with positive facts about the relative success story Canada's economy has been.

To start with, both the independent International Monetary Fund and the Organisation for Economic Co-operation and Development are projecting that Canada will have among the strongest growth in the G7 in years ahead. Even better, here is what the IMF had to say about Canada only a few weeks ago, “Canada is in an enviable position”. For the fifth straight year, the World Economic Forum has ranked Canada's banking system the soundest in the world. Canada has the lowest overall tax rate on new business investment in the G7.

All major credit rating agencies, like Moody's, Fitch, and Standard and Poor's, have affirmed Canada's rock-solid AAA credit rating. Our net debt to GDP ratio remains the lowest in the G7 by far.

The list goes on and on. Little wonder, when asked about Canada's economy recently, Don Drummond, a well-known and widely respected Canadian economist, said the following:

We look like the poster child for the fiscal messes around the world. We are in pretty good fiscal shape, certainly relative to everybody else.

I could not agree more with him, but as Don Drummond noted, there are some fiscal and economic messes around the world, as we are reminded on the evening news or in the morning newspapers all too often.

Some big global economic challenges from beyond our borders remain, especially in the United States and Europe. These are among our most important trading partners. Even though these are not made in Canada problems, they will continue to negatively impact Canada. Like any smart person would in any situation like this, if a problem is out there, we protect ourselves against it. That is exactly what we are doing in economic action plan 2013 by staying squarely focused on what matters when facing a challenging global economy: jobs and economic growth, keeping taxes low and balancing the budget by 2015.

What we are not doing is listening to the NDP and Liberal calls for spending, spending and more spending in order to expand government and add to the national debt.

The NDP and Liberal proposals are doomed to failure and will mean ever-increasing taxes.

Canadians know what happened in European countries that chose to expand government and spend endlessly, which is what the NDP and Liberals are suggesting. Those countries ended up with monster deficits, paralyzing government bureaucracy and massive unemployment.

Just this week we learned that unemployment in the eurozone climbed to 12.1% in March, an all-time high according to EU statistics agencies.

The NDP likely does not want to hear that its economic philosophy of unlimited spending and ever-increasing taxes does not work. However, economic ruin in Greece and Spain illustrate the consequences of the very policies the NDP wants to bring to Canada.

Our Conservative government understands what the NDP and Liberals refuse to believe. In an uncertain global economic economy, the best way for government to build confidence is to maintain its own sound fiscal position, not engage in reckless deficit spending. That belief is at the very heart of economic action plan 2013 and that is why the Liberals and the NDP so vigorously oppose it.

I want to read a great quote by one of the most respected newspaper columnists in Canada, Peter Worthington. It is worth reading at length. He said:

The federal budget...is one of those things that should please every thinking Canadian...it's reality....Think for a moment....When you look at Cyprus, Europe, the U.S. and the rest of the world, this should be a huge relief to Canadian taxpayers...jobs are more or less secure as are pensions and health-care costs. Working Canadians will continue to be the blessed of the developed world.

Although I hear the NDP and Liberals making the heckling noises, it is because they do not buy into the fact that we are leaders. We cannot help the fact that we are leaders. The world looks at us with envy because we did not follow its suggestions and we will not follow its suggestions. Canadians can rest assured that this Conservative government will maintain a low-tax plan, we will maintain a plan for job creation and we will look to prosperity for our country for years and years to come.

[Peggy Nash, NDP, Parkdale—High Park, ON]

Mr. Speaker, most observers will agree that investing in young people is absolutely essential for the future of our society and for a healthy economy. The fastest-growing demographic of youth in Canada is aboriginal youth. I would like to know why the government has provided a mere pittance to address the 30% gap between what children of first nations on reserve get compared with kids in the rest of the country. Why the gap and why did the CEO of the Assembly of First Nations tell the finance committee yesterday that the government had no meaningful consultation with first nations about education or any other topic?

[Shelly Glover, Conservative, Saint Boniface, MB]

Mr. Speaker, my colleague's question is misleading because it is not true at all. In fact, we as a federal government have been providing equal or more funding for youth in first nations communities for some time now.

For Canadians watching, I would like to know why on earth the New Democrats would ask such a question and then vote against things like the $10 million in the budget for bursaries and scholarships for first nations youth. In fact, Indspire says that the budget 2013 contains great news for indigenous youth across Canada. That is its comment. I have absolutely no clue why they would embarrass themselves and ask a question like that when they have no intention of supporting this funding.

[Marc Garneau, Liberal, Westmount—Ville-Marie, QC]

Mr. Speaker, I tried to take the speech seriously, but I had to laugh many times with the government talking about sound fiscal management. How does one equate sound fiscal management with, let us say, in 2015, about $150 billion added to the national debt, with the fact that we have 1.4 million Canadians unemployed, with the fact that 10 of the last 12 trade balances have been deficits in our country? How can government members have the temerity to stand and say that they are sound fiscal managers?

[Shelly Glover, Conservative, Saint Boniface, MB]

Mr. Speaker, the member opposite obviously does not want to hear the government talk about sound fiscal management. Let us have a look at what other organizations and people have said—in fact, organizations from the member's own region.

This is what the Fédération des chambres de commerce du Québec said:

The Fédération des chambres de commerce du Québec supports the federal government's decision to implement fiscal restraint and spending control in order to balance the budget.

If that is not enough, here is what the Conseil du patronat du Québec said:

The federal government made a prudent and responsible choice to stay on course toward a balanced budget in 2015 by, among other things, reining in the growth of public spending.

I will add that we are not doing anything to shoulder all of this responsibility for fiscal management by cutting from the provinces and people across the country, as the former Liberal government did by cutting $25 billion out of health care, as an example. We will not do that. They should be ashamed of themselves for having done it.

[Alain Giguère, NDP, Marc-Aurèle-Fortin, QC]

Mr. Speaker, the member talked about an extraordinary economic situation. Sometimes I have to wonder whether we are even living in the same country.

Canada's food banks are busier than ever. Nowadays, almost all young university students have to rely on food banks because their economic situation is so extraordinary.

If everything is going so well, then why are people forced to turn to food banks? Can the member explain that?

[Shelly Glover, Conservative, Saint Boniface, MB]

Mr. Speaker, I thank my colleague for his question.

One of the reasons for that is that people cannot pay the taxes that have gone up across the country.

For example, in my home province of Manitoba, the New Democratic government recently increased provincial taxes for all Manitoban families. That is why some families cannot make ends meet.

For its part, the federal government is reducing taxes for families by including measures to help them in the budget. I hope that all members of the House will vote in favour of these measures to help our Canadian families.

[Cathy McLeod, Conservative, Parliamentary Secretary to the Minister of National Revenue]

Mr. Speaker, I too am very pleased to rise today to speak to the budget implementation act, economic action plan 2013.

First, we have to note that this is a very timely discussion, because of course, yesterday, April 30, was our tax-filing deadline. By yesterday, there were probably about 28 million individuals throughout Canada who had filed their taxes, and we know that they put over $120 billion into taxpayers' coffers. We have almost two million corporations who again put significant dollars into our coffers.

Too often I hear the opposition members talk about OAS for people who have been residents for only three years, 45-day work years and private member's bills and many motions that ask us to increase spending. This is not the government's money. This is not the opposition's money. We are talking about the hard-earned dollars of everyday Canadians. This is the nurse who works for maybe $70,000 a year, but she might be paying up to $20,000 in taxes. This is the family that works in a corner store. The mother, father and the children are there seven days a week, 16 hours a day, to try to make a living for their family and pay their taxes on time. This is the entrepreneur. He has an idea and is starting a business. He has hired some people. He has dreams and goals and is desperately trying to make it a success. He pays his taxes, and that comes in terms of opportunities he could spend that money on in other ways.

We as a government recognize that we have a very important obligation to the taxpayer, and that is to make sure that every single dollar we spend is spent appropriately. Canadians are generous, but Canadians also expect fair play. Canadians know that there are times when there are extraordinary challenges, whether it is health, mental health, or disability. They have challenges in their lives. They have times when they might lose their jobs.

Again, Canadians are very generous. They understand that there are times when, for the greater good, they will participate, but they do not want to feel abused. They do not want to feel that their EI programs are abused. They do not want to feel that temporary foreign worker programs are not being used appropriately. As we have this debate about the budget implementation act No. 1, it is absolutely critical to remember whose dollars we are spending and whose dollars we are talking about.

The context for the budget for this year was articulated very well by my colleague from Saint Boniface. She talked about the global recession we came through, when we had to put in some extraordinary stimulus. Then she talked about how well we have done in reports from the OECD and the IMF. Canada has come through a very challenging time in very good shape. However, we are now responsible for withdrawing that stimulus spending and returning to balanced budgets, and that is exactly the focus of this budget implementation act.

This budget implementation act focuses on three areas. Most important is ensuring that we have an environment that supports growth and long-term prosperity. Second is continuing to support Canadian families and communities. Finally is respecting the Canadian taxpayer.

The budget implementation act is divided into three sections. The first two relate to our tax structure and our GST. The third section has more details in terms of specific measures we are looking at.

We did not come to this place without a long and comprehensive process. Not only was the context set many years ago, but the conversations with Canadians had been happening for well over a year before we got to this point. As a member of the finance committee, I know that we started our consultations in the summer of last year. We heard from groups from across the country, and we gave them three themes. We asked how we support economic growth and long-term prosperity, how we support Canadian families, and how we ensure that we respect taxpayers' dollars.

We need to talk a bit about what we heard. Whether it was a parliamentarian sitting down with people in his or her riding or the Minister of Finance having round tables across the country, we heard about supporting jobs and economic growth.

I heard time and time again that mining is important in British Columbia. We heard that the mining exploration tax credit is an absolutely critical feature and that we should continue to support that industry, which ultimately provides so much back in terms of our tax base.

We also heard that manufacturers have been having a challenging time. They have found that the accelerated capital cost allowance is of enormous benefit. They indicated that if it continued for a while longer, it would really support them as they continue to rebuild after what have been some challenging times.

Every member of Parliament talked to council members and mayors. They talked about the infrastructure deficit. They talked about how important the gas tax fund was and how pleased they were that it was doubled and will now be legislated. They also talked about indexing it. We heard that suggestion from our municipalities, and we took action. Now municipalities are not only able to plan for the long term, but every infrastructure program they undertake will have important jobs associated with it.

I heard in my riding that the temporary foreign worker program plays a valuable role and that there are times when Canadians are unavailable to meet the needs of employers. We also heard that we need to ensure that Canadians have first crack at these jobs. The budget implementation act would make those changes. Canadians have said that the temporary foreign worker program has a role to play and is important but that we need to make some changes to ensure that Canadians have the first opportunities for these jobs.

It is incredibly important to provide some general fairness to all Canadian taxpayers. Therefore, we have included measures that would close loopholes and ensure that everyone pays their fair share. As the Parliamentary Secretary to the Minister of National Revenue, I know that there are a number of measures. I talked earlier about the amount of money that comes in from individuals. Over 94% of Canadians pay their taxes on time. They pay what is due.

We know that there are some loopholes, or perhaps some inequities. We have changed that. We know that people sometimes move their money offshore. We have taken the opportunity to give the CRA more tools to deal with that.

The final theme is supporting Canadian families and communities.

Every member, I believe, has a legion in his or her community. Members heard from legion members about how important they were in supporting our veterans.

I see a number of items in Division 4 of this legislation. Officials from the CNIB talked to me about a hub and how that could really improve their lives. That is another important item we see in the budget implementation act.

Finance committee did a comprehensive study on charitable giving. We were looking for ways to encourage young people to give to the charities that play such an important role in our communities. The donor super credit is a fantastic idea. It is targeted at encouraging people to give for the first time. That will probably help in terms of lifelong giving.

The federal government is like any household, any business, any municipality or any provincial government. The principles are the same. We have a budget. We have to live within it. It is absolutely critical that we get back to balanced budgets. It is absolutely critical, as a federal government, that we create an environment that encourages jobs, growth and long-term prosperity.

The budget implementation act, Bill C-60, is an excellent step in terms of the long term and fair taxes. I call on the opposition to support our government in terms of this important and strategic document with its very good measures to move forward with respect to Canada's growth.

[Peggy Nash, NDP, Parkdale—High Park, ON]

Mr. Speaker, I thank my colleague opposite for her remarks. We sit together on the finance committee. She talked about the work of the finance committee, which I think spent about a dozen meetings looking at how to increase charitable giving.

Given that this omnibus budget implementation act will affect over 50 different laws in Canada, will she now commit that the finance committee will spend at least ten meetings fully examining the important provisions that she has outlined in the budget implementation act, Bill C-60?

[Cathy McLeod, Conservative, Kamloops—Thompson—Cariboo, BC]

Mr. Speaker, the minister presented the budget in the spring of this year. We had comprehensive debate regarding it. I cannot speak for the decisions of what the committee does in terms of moving forward for study.

However, if I look at the threads that go throughout the budget implementation act, we are seeing things we have actually heard for well over a year. I believe the opposition can do its homework. There are 160 some pages.

I look forward to having the opposition come on board and supporting this very important bill.

[Elizabeth May, Green, Saanich—Gulf Islands, BC]

Mr. Speaker, I would make one initial observation of the budget implementation bill. By my reading, at least, everything in it was actually mentioned in the budget. That makes it a first since I was elected to this place. Other omnibus budget bills have been full of things that were not there.

I take nothing away from the member for Parkdale—High Park that we do need to have it adequately studied. There are many provisions, particularly relating to crown corporations and government involvement, in there.

My question is provoked by the member saying that this budget is budget implementation bill number one. I would like any information that she may have about what will be in budget implementation bill number two? Is there going to be another one coming?