House of Commons Hansard #82 of the 39th Parliament, 1st Session. (The original version is on Parliament's site.) The word of the day was senate.

Topics

National Defence
Oral Questions

2:50 p.m.

Okanagan—Coquihalla
B.C.

Conservative

Stockwell Day Minister of Public Safety

Mr. Speaker, I am pleased to report that the security that will be taking place at the Olympics will be very significant and will be provided by a variety of agencies. I have been able to tour the entire site and will continue to work with all of our agencies in providing security. We have also benefited greatly from the experience of recent Olympics.

I can assure Canadians and all who are coming to that fantastic event that this will be the safest and most secure Olympics that we have seen and a joy for everybody to be there.

Income Trusts
Oral Questions

2:50 p.m.

Liberal

Paul Szabo Mississauga South, ON

Mr. Speaker, three weeks ago, the Conservative minority government double-crossed income trust investors. The government promised that the billions of dollars of overnight losses would be recovered but they were not. The government's take a Valium approach was an insult and simply did not work.

The Prime Minister promised not to tax income trusts and Canadians invested based on that promise. Canadians then lost much of their hard-earned savings because the Prime Minister broke his promise.

How can average Canadians ever trust the Conservative minority government again?

Income Trusts
Oral Questions

2:50 p.m.

Calgary—Nose Hill
Alberta

Conservative

Diane Ablonczy Parliamentary Secretary to the Minister of Finance

Mr. Speaker, I am very pleased to say that Canadians can trust this government to do the right thing for the country, to protect our social programs and to protect the revenues that allow Canadians to be provided with these programs.

The member will know that the circumstances changed very quickly, which made this necessary, and the government took the right step for Canada.

Income Trusts
Oral Questions

2:50 p.m.

Liberal

Paul Szabo Mississauga South, ON

Mr. Speaker, last week the Canadian Association of Income Funds said:

The increase in the Tax Credit for Age and the splitting of pensions will offer marginal compensation, if any, to the great majority of investors who are struggling with heavy losses.

The following is what this Conservative minority government has achieved thus far: first, it raised taxes on those who earn the least; second, it slashed programs for those most in need; and third, it butchered, without warning, a lifetime of hard-earned savings.

Who is next on its hit list?

Income Trusts
Oral Questions

2:50 p.m.

Calgary—Nose Hill
Alberta

Conservative

Diane Ablonczy Parliamentary Secretary to the Minister of Finance

Mr. Speaker, on the contrary. The new tax fairness plan delivered over $1 billion in additional relief to pensioners and seniors.

In addition to that, the government is planning further tax relief to Canadians because we believe Canadians are overtaxed. They have been overtaxed for over a decade by the members opposite and their government and we will fix that.

Income Trusts
Oral Questions

2:50 p.m.

Liberal

Marcel Proulx Hull—Aylmer, QC

Mr. Speaker, three weeks ago, the government reneged on its promise not to tax income trusts. The Minister of Public Works and Government Services suggested that small investors take a Valium and wait for the market to bounce back.

The income trust sector is still posting over $25 billion in losses.

When will the prediction made by the Minister of Public Works and Government Services come true? When will small investors recover the money that disappeared?

Income Trusts
Oral Questions

2:50 p.m.

Calgary—Nose Hill
Alberta

Conservative

Diane Ablonczy Parliamentary Secretary to the Minister of Finance

Mr. Speaker, it is fair to say that the market is working to make some changes in the programs and the offerings that investors can access in order to fund some of their retirement programs.

However, more than that, this was a step to preserve services and support for Canadians, especially seniors, in the years to come. This was a very important step in that direction.

Income Trusts
Oral Questions

2:50 p.m.

Liberal

Marcel Proulx Hull—Aylmer, QC

Mr. Speaker, if this government is so anti-Bell and anti-Telus, perhaps the Minister of Industry should justify his recent decision concerning them.

But that is not the issue. The Minister of Public Works and Government Services predicted that the income trust market would recover quickly.

Three weeks later, that still has not happened.

Did the Minister of Public Works and Government Services try to lead small investors astray?

Income Trusts
Oral Questions

2:50 p.m.

Calgary—Nose Hill
Alberta

Conservative

Diane Ablonczy Parliamentary Secretary to the Minister of Finance

Mr. Speaker, the member will know that markets do go up and down but sometimes changes are a necessity for the government. The former government on the opposite side knew this needed to be dealt with but botched the whole thing.

Our government believes we must do the right thing for Canadians rather than just the right thing for our own party and we did that. We preserved our important social programs and we preserved the revenue stream that supports them. Canadians know that it was the thing that Canada needed at this time.

Quebec
Oral Questions

November 20th, 2006 / 2:55 p.m.

Bloc

Vivian Barbot Papineau, QC

Mr. Speaker, true to their old habits, the Liberals are tearing themselves apart trying to figure out if they are going to acknowledge something that is obvious, that Quebec is a nation. For his part, the Prime Minister refuses to talk about it and simply utters empty words that allow him to deny the Québécois difference.

Instead of continuing to dodge the issue, can the Prime Minister tell us whether to him Quebec is a nation?

Quebec
Oral Questions

2:55 p.m.

Wellington—Halton Hills
Ontario

Conservative

Michael Chong President of the Queen's Privy Council for Canada

Mr. Speaker, this government is committed to creating a federalism of openness that builds on the strengths of every province and every territory in our federation and that recognizes the culture, the civil law tradition and the French-speaking majority of Quebec.

Our government is addressing the priorities of Quebeckers by supporting families, lowering taxes and fighting crime. We are not going to get sidetracked by semantics.

Quebec
Oral Questions

2:55 p.m.

Bloc

Vivian Barbot Papineau, QC

Mr. Speaker, the Prime Minister keeps saying he wants to have a federalism of openness. Since his election, it has been hard to see any concrete examples of that.

Can the Prime Minister tell us how his approach is any different from that of the previous government, which did its best to deny the existence of the Quebec nation?

Quebec
Oral Questions

2:55 p.m.

Wellington—Halton Hills
Ontario

Conservative

Michael Chong President of the Queen's Privy Council for Canada

Mr. Speaker, our government has already taken concrete action to demonstrate the unique place Quebec has in Canada, consider Quebec's role at UNESCO and our support for the celebration of Quebec City's 400th anniversary.

Our government is addressing the priorities of Quebeckers by supporting families, lowering taxes and fighting crime. We are not going to get sidetracked by semantics.

Child Care
Oral Questions

2:55 p.m.

Liberal

Omar Alghabra Mississauga—Erindale, ON

Mr. Speaker, today Canada marks National Child Day. It is an opportunity to assess how we are meeting the needs of this and future generations of young Canadians.

Sadly, the minority Conservative government is moving backward by cancelling our investment in 600,000 new child care spaces. Canadian families are frustrated. The Conservatives have not created a single child care space while waiting lists continue to grow and costs continue to rise.

The Conservatives are abandoning Canadian children and families are wondering why children are not a priority for the government.

Child Care
Oral Questions

2:55 p.m.

Haldimand—Norfolk
Ontario

Conservative

Diane Finley Minister of Human Resources and Social Development

Mr. Speaker, as the hon. member knows, his government sat on its hands for 13 years promising to help parents but it never did.

One of the top five priorities on which we have already delivered was the $100 monthly universal child care benefit that was given directly to the parents of each child under the age of six. As of April 1, 2007, we will have the incentives in place to create the new child care spaces.