House debate  Mr. Speaker, on a separate point of order, there was some discussion in the House as to the impact of the carbon tax. The Governor of the Bank of Canada clearly said at finance committee that it was 16%. I would like the unanimous consent of the House to table documents showing that.

Enhancing Transparency and Accountability in the Transportation System Act  Madam Speaker, the member brought up the challenges faced by persons with disabilities. I could not agree more with him. One of the things the government has recently acknowledged is that the carbon tax is a challenge to people in the affordability crisis. No one has been hit harder by the affordability crisis than persons with disabilities.

National Security Review of Investments Modernization Act  Mr. Speaker, I think it is time for us to have a discussion, both on Main Street and on Bay Street, and also here in Ottawa, about the future of the economy, because things are changing rapidly with the rise of artificial intelligence and other technologies. We need to have those discussions, and there is an opportunity for Canada to be ahead because we do have great critical minerals and natural resources, but most importantly, we have great minds and great workers here in Canada who deserve for us to be a leader in the world.

National Security Review of Investments Modernization Act  Mr. Speaker, the question is whether we should focus, in general, on economic security. Absolutely we should. I know that no one says the word “COVID” anymore, but I am going to dare, as a politician, to say it. I think COVID really proved to us the challenges that occur, when bad things are happening in the world, if we do not have supply chains that come from our allies, but more importantly from ourselves.

National Security Review of Investments Modernization Act  Mr. Speaker, I will. We are struggling economically. We are struggling productivity-wise. We are facing down the barrel of potential stagnation, and the carbon tax is not helping. It is good that the Prime Minister acknowledged that, but he has got to be desperate now. This is his primary legislation.

National Security Review of Investments Modernization Act  Mr. Speaker, if the member made it to cabinet, that would be in his riding. In all seriousness, that is a great announcement. It is great that we have electric vehicle battery manufacturing in Canada. That is fantastic. The challenge is that there is not enough of it. Canada's productivity is among the lowest.

National Security Review of Investments Modernization Act  Mr. Speaker, today we are talking about Bill C-34 and the final amendments to it. I want to outline briefly, as many others have done, but with my own spin, details on the context of Bill C-34. We have to look at the economy as it is today, both in Canada and around the world. Twenty or 30 years ago, or even a decade ago, the economy was much different than it is today, both in Canada and around the world.

National Security Review of Investments Modernization Act  Mr. Speaker, why is it so important that we brought down the threshold from $512 million to zero?

Business of Supply  Mr. Speaker, I always enjoy the member's passion, if not the substance, of his remarks. Let us look at history and the facts. Every year prior to the pandemic, the Liberal government had a deficit. The government is now spending $120 billion more than prior to the pandemic. In addition to that, there was $200 billion of non-COVID-related expenditures during the pandemic.

Business of Supply  Mr. Speaker, I thank my colleague for his good questions and good work. One day, before I retire, I hope to answer completely in French. We agree that we need to balance the budget. If the member is asking us why we are blaming the Liberal government, it is because of eight years of failure.

Business of Supply  Mr. Speaker, I will tell the member exactly where that money is going: It is going here, to Ottawa. That is where the money is getting burned. It is not a crisis of capitalism. By the way, I enjoy the debates with the great member as well, and I get passionate about them, so my apologies.

Business of Supply  Mr. Speaker, I want to start my remarks by saying I will be splitting my time with the spectacular member for South Surrey—White Rock. My comments are in no way related to the fact that she happens to be our whip. That is just a bit of levity. I want to paint a picture here because, as I said in my question for the member for Kings—Hants, we are in serious times.

Business of Supply  Mr. Speaker, it has been a pleasure to work with my colleague on a number of committees along the way. I heard his comments with respect to our immaturity. However, I would call the Liberals' policies an abject failure. The price of housing has doubled. Rents have doubled. Food bank usage is up three to five times.

Housing  Madam Speaker, yesterday at the finance committee, the government's own department told the committee that in fact, in 2018, it had warned the Liberal government of an impending housing crisis, yet it did nothing. Incredibly, CMHC officials went on to say that the policies currently employed by the federal government are not sufficient to solve the housing problem.

Housing  Madam Speaker, Canada's problems are real. We have incredible food bank usage. We have housing costs doubling. Millions of Canadians cannot afford their own homes, yet this side decides to play games. When the Leader of the Opposition was the housing minister, housing was affordable in the country.