House of Commons Hansard #154 of the 39th Parliament, 1st Session. (The original version is on Parliament's site.) The word of the day was investment.

Topics

Gasoline Prices
Oral Questions

2:35 p.m.

Bloc

Paule Brunelle Trois-Rivières, QC

Mr. Speaker, in some cases, a laissez-faire policy is the worst possible policy.

The refining margin is 22¢ per litre. That is three times higher than the average in the early 2000s, and it adds up to $10 more than usual for a 50 litre fill. That money is not helping protect the environment. It is lining the pockets of the oil companies.

Is the Prime Minister aware that by refusing to give the Competition Bureau more powers, he is a party to a system that benefits oil companies at the expense of consumers and the economy?

Gasoline Prices
Oral Questions

2:40 p.m.

Beauce
Québec

Conservative

Maxime Bernier Minister of Industry

Mr. Speaker, I would like to remind my Bloc Québécois colleagues that the price of gas fluctuates, much like their leader's desire to vie for the leadership of the Parti Québécois.

Taxation
Oral Questions

2:40 p.m.

Liberal

Scott Brison Kings—Hants, NS

Mr. Speaker, Ernst & Young says that the finance minister's tax proposals are as “clear as mud”.

Let me allow the minister to clarify himself yet again. Will the minister tell the House how much tax revenue he will raise annually as a result of his new proposed limitation on foreign interest deductibility? Will he table his calculations?

Taxation
Oral Questions

2:40 p.m.

Whitby—Oshawa
Ontario

Conservative

Jim Flaherty Minister of Finance

First of all, Mr. Speaker, I want to thank the member for Kings—Hants for changing his mind yesterday and announcing last night on television that he supports the measures we are taking against tax havens. I thank him for his change of heart on that. It is very important.

He is being consistent now, I note, with when he was a Conservative and said in this place that tax havens “are robbing the Canadian tax base in our ability to pay for the social investment and also to create a more competitive tax system”.

He was right as a Conservative and we are correct as Conservatives now.

Taxation
Oral Questions

2:40 p.m.

Liberal

Scott Brison Kings—Hants, NS

Mr. Speaker, I am delighted that the finance minister raised the real issue of tax havens. As Ernst & Young has said, adding confusion is the minister's link of double-dipping to tax havens: “It doesn't all fit together”. Ernst & Young is right. The minister is wrong. There is no relationship between tax havens and double-dipping.

Furthermore, he is appointing a panel of tax experts to advise him on his tax policy, but this is what the experts are actually telling him right now. KPMG says that his proposal is “big trouble” for Canadian jobs. Ernst & Young says that his proposal is bad for “Canadian competitiveness”.

Does the minister accept the advice of these tax experts or will he--

Taxation
Oral Questions

2:40 p.m.

Liberal

The Speaker Peter Milliken

The hon. Minister of Finance.

Taxation
Oral Questions

2:40 p.m.

Whitby—Oshawa
Ontario

Conservative

Jim Flaherty Minister of Finance

Mr. Speaker, the difference between the party opposite and this party in the treatment of tax havens could not be more obvious. We are dealing with the issue of tax havens. That party did nothing on this issue over the course of 13 years.

As Don Drummond from TD Bank said last night, “I wish when I was at Finance that we could have done something about tax havens”. He said that the anti-tax haven initiative is “a very positive step forward”.

However, I understand that the member has his secret ways of communicating by email with Bay Street and has other information, I know.

Equalization
Oral Questions

May 15th, 2007 / 2:40 p.m.

Liberal

Robert Thibault West Nova, NS

Mr. Speaker, tonight the House will vote on Bill C-52, the budget bill that breaks the promise to Nova Scotia and Newfoundland and Labrador on the Atlantic accords.

Will the Conservative MPs from those two provinces do the right thing, do what they were sent to Ottawa to do, and support their constituents by voting against this broken promise?

Will the Chief Government Whip permit Atlantic Conservative members to vote in support of their constituents and against this flip-flopping funding fiasco?

Equalization
Oral Questions

2:40 p.m.

Central Nova
Nova Scotia

Conservative

Peter MacKay Minister of Foreign Affairs and Minister of the Atlantic Canada Opportunities Agency

Mr. Speaker, what I suspect Nova Scotia and Atlantic MPs will do is support the budget because it is good for Nova Scotia. It in fact allowed the government of Nova Scotia to balance its budget this year.

However, I can tell the member opposite what we will not do. We will not do what the Liberal leader did to the member for Thunder Bay—Superior North. We will not throw a member out of caucus for voting his conscience. There will be no whipping, flipping, hiring or firing on budget votes as we saw with the Liberal government.

Equalization
Oral Questions

2:45 p.m.

Liberal

Ralph Goodale Wascana, SK

Mr. Speaker, in the vote on the budget bill tonight, the Conservative promise to Saskatchewan about equalization will be broken. The Conservatives will impose a cap on Saskatchewan, a cap they promised never to impose, and that cap kills their promise. No amount of double-talk will change that reality.

The Conservative MP for Regina—Lumsden—Lake Centre said, “If you want to say we didn't fulfill the commitment or keep our promise, fair enough”. But it is not fair enough.

The premier of Saskatchewan is asking all Saskatchewan MPs to vote against the budget bill. Will the chief government whip allow them the freedom to do so?

Equalization
Oral Questions

2:45 p.m.

Battlefords—Lloydminster
Saskatchewan

Conservative

Gerry Ritz Secretary of State (Small Business and Tourism)

Mr. Speaker, that member sat in cabinet for 13 years and would not even address equalization or the fiscal imbalance. He did nothing. He wrote three budgets in his last year that did nothing for Saskatchewan.

This budget delivers 880 million new dollars for the people of Saskatchewan. We as the Conservative members of Saskatchewan will support the people of Saskatchewan, not the premier of Saskatchewan.

Equalization
Oral Questions

2:45 p.m.

Some hon. members

Oh, oh!

Equalization
Oral Questions

2:45 p.m.

Liberal

The Speaker Peter Milliken

Order. The discussion about Saskatchewan is over. We have moved to Newfoundland. The hon. member for Avalon.

Gander International Airport
Oral Questions

2:45 p.m.

Conservative

Fabian Manning Avalon, NL

Mr. Speaker, the Gander International Airport has been a Newfoundland icon since it began operation in 1938. Often referred to as the crossroads of the world, the airport is a major economic driver in central Newfoundland, not to mention a source of pride in the community.

Our government has been aware of difficulties faced by the airport and we have been engaged on the file with a view to helping the airport be more viable for the future.

Could the Minister of Fisheries and Oceans update the House on what progress has been made regarding the Gander International Airport?

Gander International Airport
Oral Questions

2:45 p.m.

St. John's South—Mount Pearl
Newfoundland & Labrador

Conservative

Loyola Hearn Minister of Fisheries and Oceans

Mr. Speaker, we were the ones who initiated an offer to Gander. When we heard that Gander International Airport was in trouble, we had a meeting and brought a number of departments together. We made an offer to Gander to keep it going.

The airport authority rejected the offer, but recently the towns around Gander, Grand Falls, et cetera, got together with the airport authority. They came up again, met with us all, and have now accepted the offer. Right now we are all looking at working together collectively to make sure Gander is there long into the future.