House of Commons Hansard #59 of the 40th Parliament, 2nd Session. (The original version is on Parliament's site.) The word of the day was nuclear.

Topics

The Environment
Oral Questions

11:35 a.m.

Langley
B.C.

Conservative

Mark Warawa Parliamentary Secretary to the Minister of the Environment

Mr. Speaker, this government is committed to ensuring that 90% of our electricity comes from clean energy sources by 2020. That is huge.

The big question is this. Is this member afraid of the fact that we have the toughest target in Canadian history? After the 13 years, when the Liberals did absolutely nothing, we are getting it done. Why is he afraid of that?

Caisse de dépôt et placement du Québec
Oral Questions

11:35 a.m.

Bloc

Robert Carrier Alfred-Pellan, QC

Mr. Speaker, first Quebec's Minister of Finance, then the President of the Caisse de dépôt et placement, and now the caisse's former head of risk management, Alban d'Amours, have all condemned Ottawa and the Superintendent of Financial Institutions for their failure to heed the caisse's repeated requests to call a general market disruption following the collapse of commercial paper.

Can the Minister of Finance explain why the superintendent did not take action?

Caisse de dépôt et placement du Québec
Oral Questions

11:35 a.m.

Whitby—Oshawa
Ontario

Conservative

Jim Flaherty Minister of Finance

Mr. Speaker, the Caisse de dépôt et placement doubled its holdings of tainted commercial paper a few months before the crisis. The province is responsible for regulating the caisse, not the Government of Canada or Government of Canada organizations.

Caisse de dépôt et placement du Québec
Oral Questions

11:35 a.m.

Bloc

Robert Carrier Alfred-Pellan, QC

Mr. Speaker, had the superintendent declared a general market disruption, international banks would have been forced to repay the caisse for its losses. However, because the problem seemed to be confined to Quebec, the superintendent decided to ignore it because he deemed it a local issue.

Did the superintendent fail to act because the issue only affected Quebec?

Caisse de dépôt et placement du Québec
Oral Questions

11:35 a.m.

Whitby—Oshawa
Ontario

Conservative

Jim Flaherty Minister of Finance

Mr. Speaker, I repeat that the caisse and its investments are under the Province of Quebec's jurisdiction. In light of the crisis and some of the caisse's investments, it is clear that Canada needs a national regulation system.

The Economy
Oral Questions

11:40 a.m.

Liberal

Martha Hall Findlay Willowdale, ON

Mr. Speaker, yesterday the Minister of Transport, Infrastructure and Communities admitted that the building Canada fund, announced with great fanfare three years ago, is just not working. Just 5% of the billions of dollars promised have been invested in three years.

Although it knows that this model is not working, and despite all our suggested improvements, the government is insisting on keeping the same dysfunctional model for the stimulus package. Why?

The Economy
Oral Questions

11:40 a.m.

Yellowhead
Alberta

Conservative

Rob Merrifield Minister of State (Transport)

Mr. Speaker, we are working with municipalities and provinces, ensuring the stimulus works even better than it would if it were just federally loaned. We are leveraging three to one on the money that will stimulate the creation of jobs and get people working and building good infrastructure into the 21st century.

That is what our goal is. We are getting the job done. We have dirt flying right across the country. I suggest the minister should stand clear of that.

The Economy
Oral Questions

11:40 a.m.

Liberal

Martha Hall Findlay Willowdale, ON

Mr. Speaker, I would concur that the minister should stand clear of dirt flying.

I am afraid, however, that it simply is not working. We know the numbers prove that. Broken promises, announcements and, worse, re-announcements do not pay wages and they do not create jobs. Einstein had it right with the definition of insanity: “doing the same thing over and over again and expecting different results”.

Will the minister please stop repeating his mistakes, listen to municipalities, deliver funds now, before we lose this construction season, and get people to work?

The Economy
Oral Questions

11:40 a.m.

Yellowhead
Alberta

Conservative

Rob Merrifield Minister of State (Transport)

Mr. Speaker, I would like to explain to the member opposite that 2,746 projects were applied for as of May 1, in her province, Ontario. These are being worked at aggressively and will be moved out at an accelerated rate.

However, I will quote this for the hon. member, “It doesn't make sense to say that we passed the budget in April and here it is the 1st of May” and “We have to deal with a little bit of time to see if the measures that we have supported in fact work”. The leader of her party said that.

Agriculture
Oral Questions

11:40 a.m.

Liberal

Wayne Easter Malpeque, PE

Mr. Speaker, last night in the House the Minister of Agriculture and Agri-Food was asked repeatedly whether the government would provide immediate financial help for our hog producers, who are facing financial ruin, and he waffled. Yet, the minister had a request, received on May 8, from the Canadian Pork Council, in which it appealed for an immediate cash payment of $30 per hog.

Is the minister now prepared to stand up for Canada's hog producers and demonstrate that our rural economies and our farmers are as important as other sectors?

Agriculture
Oral Questions

11:40 a.m.

Glengarry—Prescott—Russell
Ontario

Conservative

Pierre Lemieux Parliamentary Secretary to the Minister of Agriculture

Mr. Speaker, this government is committed to our hog farmers. We are taking action for our red meat producers. We are, for example, launching a WTO trade action against the COOL initiatives in the United States.

Regarding hog producers and financial incentives, we are working closely with the producers and with the provincial government to serve them best.

Agriculture
Oral Questions

11:40 a.m.

Liberal

Wayne Easter Malpeque, PE

Mr. Speaker, farmers need cash, not excuses.

The government and, in particular, the minister just do not get it. There are 8,310 hog farms on the line. Families and rural Canadians are seeing their life's work destroyed. There are 70,000 jobs as a direct result of hog production. There are $7.7 billion in economic activity and $2.1 billion in wages.

Hog producers do not need more debt. They do not need diplomatic trade diatribes. Hog producers need cash and they need it now. When will the government deliver?

Agriculture
Oral Questions

11:40 a.m.

Glengarry—Prescott—Russell
Ontario

Conservative

Pierre Lemieux Parliamentary Secretary to the Minister of Agriculture

Mr. Speaker, let us talk about cash for farmers. Our government is working hard to deliver approximately $1 billion of government-backed credit to previously ineligible farmers. The Liberals said that they would support this vital legislation. Now they are turning their backs on Canadian producers.

Yesterday the member for Malpeque filibustered in committee and brought an end to the debate. Here is what he said about Bill C-29, which we were supposed to discuss and pass in committee. He said, “Do you want to get Bill C-29 through the House before the spring or not because it's not going to go through today”.

He should support our farmers.

Taxation
Oral Questions

11:45 a.m.

Conservative

Lois Brown Newmarket—Aurora, ON

Mr. Speaker, Canada's economic action plan is taking real action to support Canada's economy. Our plan includes lower taxes, allowing Canadians to keep more of their hard-earned money in their own pockets, where it belongs.

The Liberal leader does not get it. He actually thinks Canadian taxes are too low and they should pay more. He said, “We will raise your taxes”. He would force Canadians to send more of their money to Ottawa.

Could the finance minister please inform the House how our tax-cutting measures are helping our economy?

Taxation
Oral Questions

11:45 a.m.

Whitby—Oshawa
Ontario

Conservative

Jim Flaherty Minister of Finance

Mr. Speaker, this is good news. The Liberals want to raise taxes. We are lowering taxes. Our economic action plan includes tax cuts that help boost economic activity, including the home renovation tax credit. This is a tax credit whereby Canadians can invest in their homes to create jobs in construction, retail jobs, forestry jobs. Our tax incentive is encouraging Canadians to invest in their homes. According to a new survey, nearly 70% of Canadians intend to invest in home renovations this year.