House of Commons Hansard #158 of the 38th Parliament, 1st Session. (The original version is on Parliament's site.) The word of the day was diamonds.

Topics

Gabriel Filippi
Statements By Members

11:10 a.m.

Liberal

Massimo Pacetti Saint-Léonard—Saint-Michel, QC

Mr. Speaker, I would like to draw hon. members' attention to an amazing exploit.

As the saying goes, where there is a will, there is a way.

This past spring, a Montrealer named Gabriel Filippi mounted an expedition to conquer the world's highest mountain peak, Mount Everest, a climb of over 8,850 metres.

Not only did he achieve this remarkable feat, but he earned the title of Angel Gabriel by coming to the assistance of a Scottish climber who was suffering from pulmonary edema.

You will understand that this is a very rare accomplishment and one that is noteworthy regardless of the circumstances. That is why we must mention it here in the House today and congratulate Mr. Filippi for his bravery and persistence.

Mr. Filippi is an example of what a Canadian can accomplish with great determination.

Cassandra Poudrier and Sébastien Bisaillon
Statements By Members

11:15 a.m.

Bloc

Johanne Deschamps Laurentides—Labelle, QC

Mr. Speaker, there is no denying, the young people of Laurentides—Labelle are making names for themselves in the sports world. This time, it is our hockey players.

Cassandra Poudrier, a female player only 12 years of age from Rivière-Rouge, has been chosen to play on the Europe 2006 team in the Christmas Cup tournament in Lausanne, Switzerland.

Then, on the male side, we have Sébastien Bisaillon, a young man from Mont-Laurier, who plays defence for the Val-d'Or Foreurs. He was invited to the Montreal Canadien pre-season training camp, and recently played two games against the Russian national team as a member of the Quebec Major Junior Hockey League all-stars.

Congratulations to you both. May your hard work continue to bring great results both now and later on in life.

Citizenship and Immigration
Statements By Members

11:15 a.m.

NDP

Tony Martin Sault Ste. Marie, ON

Mr. Speaker, today I rise to share with the House and those watching the work that has gone on for quite some time, in one instance for over a year now, to have the immigration minister and the ministry recognize the legitimacy of two cases I hand delivered to him for minister's intervention this past week.

The minister has been crossing the country in the last couple of weeks making announcements about how he is going to make his ministry more efficient, more responsive and more generous to people trying to make Canada their home.

I need an intervention on compassionate grounds in one instance, in keeping with his recent announcement to normalize quickly people already within our borders who are making a very positive contribution without asking them to leave and to reapply.

I urge the minister to put action to his words. I have delivered many letters in both cases in support of these applications. I have put my own political reputation on the line. Will he do the right thing and give these families the best Christmas present ever?

Finance
Oral Questions

11:15 a.m.

Conservative

John Reynolds West Vancouver—Sunshine Coast, BC

Mr. Speaker, in its dying days, the Liberal government has resorted to trying to bribe Canadians with their own tax dollars on an unprecedented scale. According to media estimates, the Liberals have made over $20 billion in bogus pledges over the past two weeks, new spending that was not included in any of the three budgets that the minister brought in over the past year.

Is it not true that the Liberals have thrown away any fiscal plan they may have had in their desperate effort to distract voters from their decade of corruption?

Finance
Oral Questions

11:15 a.m.

Wascana
Saskatchewan

Liberal

Ralph Goodale Minister of Finance

Mr. Speaker, on fiscal matters, the hon. gentleman is flatly wrong, but let me deal with another issue.

I understand today that the opposition leader is travelling to British Columbia, where the Prime Minister is at the aboriginal summit. I hope the opposition leader will take the opportunity to apologize to the Prime Minister for the outrageous smears that he made in the House yesterday, and that members of his shadow cabinet repeated outside the House.

We have seen this kind of thing before from the Leader of the Opposition. This time I hope he shows a little dignity.

Finance
Oral Questions

11:15 a.m.

Conservative

John Reynolds West Vancouver—Sunshine Coast, BC

Mr. Speaker, there is still $40 million missing. Nobody knows where it went. There is nothing to apologize for on this side of the House.

No one can keep track of how many billions of tax dollars the Liberals have made in bogus promises this week. According to the former senior finance official Don Drummond, “The fall update isn't even two weeks old, but already we need a scorecard”. Liberal insider Warren Kinsella says that it is “like 100 monkeys on drugs, writing cheques”.

How do the Liberals plan to pay for this reckless pre-election spending spree? Do they plan to raise taxes, run up deficits or just ignore their promises?

Finance
Oral Questions

11:15 a.m.

Wascana
Saskatchewan

Liberal

Ralph Goodale Minister of Finance

Mr. Speaker, the opposition members cannot get away with a diversionary tactic. Their leader in the House yesterday made absolutely unacceptable remarks. Those remarks cannot stand.

The Leader of the Opposition is on his way to British Columbia. He should take the opportunity to meet there with the Prime Minister, apologize for his remarks, retract the offensive comments and for once, depart from his pattern of meanness and show a little dignity and courage.

Finance
Oral Questions

11:15 a.m.

Conservative

John Reynolds West Vancouver—Sunshine Coast, BC

Mr. Speaker, it is quite interesting to hear the gentleman and that party talk about meanness after what they have done to our country over the last 10 years. In less than 60 days, there will be a prime minister in the House who has the respect of all Canadians.

The Liberals continue to threaten to punish Canadians if there is an election soon. They threaten to withhold benefits from seniors and soldiers if there is an election. Now the member for Vancouver Centre is claiming that the 2010 winter Olympics will be jeopardized if Canadians go to the polls. That makes as much sense as their previous accusations that British Columbians were burning crosses on their lawns.

Why do the Liberals not stop trying--

Finance
Oral Questions

11:20 a.m.

The Deputy Speaker

The hon. Minister of Finance.

Finance
Oral Questions

11:20 a.m.

Wascana
Saskatchewan

Liberal

Ralph Goodale Minister of Finance

Mr. Speaker, it is clear that the opposition does not intend to retract, so let me just deal with the record over the last 10 years.

Under Conservatives, the federal debt was very nearly 70% of GDP. Today it is less than 40%. Under the Conservatives, our foreign debt was 43%. Today it is 15%. Under the Conservatives, debt servicing costs were 38%. Today they are 17%. Under the Conservatives, unemployment was 11.2%. Today it is less than 7%.

Income Trusts
Oral Questions

11:20 a.m.

Conservative

Charlie Penson Peace River, AB

Mr. Speaker, on Wednesday, after months of dithering and indecision, the finance minister signed on to the Conservative Party plan to leave income trusts alone and instead cut the double taxation on dividends. However, on the same day, the parliamentary secretary was on national television telling Canadians that the Liberals had a new plan to slap a new tax on income trusts.

Why does the government continue to threaten seniors and Canadians saving for retirement with a new tax on income trusts after the election?

Income Trusts
Oral Questions

11:20 a.m.

Wascana
Saskatchewan

Liberal

Ralph Goodale Minister of Finance

Mr. Speaker, it is amazing that everybody in the country can get it except those guys across the way.

The head of the Yellow Pages income trust has said that what we did this week showed managerial courage. Ontario Teachers' Pension Plan said, “ this will go a long way toward eliminating the current arbitrage among businesses. The minister and his advisers appear to have listened to the concerns of the pension community”. BMO Financial Group said, “By our yardstick, the minister of finance has come to the best public policy outcome, and for that he deserves credit”.

Income Trusts
Oral Questions

November 25th, 2005 / 11:20 a.m.

Conservative

Charlie Penson Peace River, AB

Mr. Speaker, a deathbed conversion, but it will still not give seniors back all the money they lost in their income trusts as a result of the Minister of Finance.

The parliamentary secretary was absolutely clear. He said, “The trusts will be taxed going out or starting, I think, around 2007”. When will the minister reveal his hidden agenda and admit that the Liberals are on the same track? If they are re-elected, seniors and Canadians saving for retirement will be subjected to a new tax on their income trusts in the future.

Income Trusts
Oral Questions

11:20 a.m.

Wascana
Saskatchewan

Liberal

Ralph Goodale Minister of Finance

Mr. Speaker, wrong, wrong and wrong. The opposition clearly is trying to put the country on the road to an election, but I wonder why that party always insists on the low road to anywhere.

The Canadian Association of Income Funds said, “We believe the government's decision is very positive.” The Canadian Chamber of Commerce said, “...the government recognized that there are inequities in the tax system. They're going after the right target here”. The Canadian Tax Foundation said, “It's good news for investors, and it's good news for people who raise capital in the market”.

If everybody else can get it, why can that party not get it?

Economic Statement
Oral Questions

11:20 a.m.

Bloc

Gilles Duceppe Laurier, QC

Mr. Speaker, this past May, Ontario announced an agreement with Ottawa on climate change, totalling $538 million. Imagine our surprise to read in the Minister of Finance's economic statement that the amount Ontario will be receiving from Ottawa is, instead, $738 million.

I would like to know whether the figure is $738 million or the $538 million as announced. Has a $200 million error slipped in somewhere, somehow?