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Business of the House  Mr. Speaker, for a moment there, I thought, for once, we were going to get away without a preamble, but we had a lot of amble there, a lot of post-amble. I can assure my hon. friend that the law that is coming this fall would protect every single Canadian who draws their income from a paycheque, and 0.13% of Canadians would pay a modest amount of additional tax on capital gains over a quarter of a million dollars garnered in a single year.

June 13th, 2024House debate

Steven MacKinnonLiberal

Housing  Mr. Speaker, I am going to teach the member a little lesson, since he has likely not read the Conservative Party's rental housing plan. His party's proposal, believe it or not, is to maintain the GST on rental housing construction projects. That is unbelievable. When I talk to people in my community and those who build housing, they tell me this is what makes the difference between a profitable project and an unprofitable one.

June 13th, 2024House debate

Steven MacKinnonLiberal

Taxation  Mr. Speaker, the Conservative leader does not stand with workers, and he certainly does not stand with Canada's farmers. It is shameful that the leader of the Conservatives hides behind farmers and workers to justify his opposition to our plan for tax fairness. We are in fact increasing the capital gains sheltering for farmers by boosting the lifetime exemption for qualified farming properties to $1.25 million per owner, and when combined with the $250,000 threshold, farmers are going to be better off.

June 13th, 2024House debate

Steven MacKinnonLiberal

Taxation  Mr. Speaker, the Leader of the Opposition has not seen a hay baler or the top of a combine in his life. What we have done over here is made things better for farmers by increasing the lifetime exemption and extending new provisions to farmers to ensure that capital gains do not affect them.

June 13th, 2024House debate

Steven MacKinnonLiberal

Taxation  Mr. Speaker, the Leader of the Opposition does not know how to milk a cow or how to help farmers. In our plan, we put new limits in place to help farmers. The exemption for farmers was extended. We know that farm succession is a major issue in Canada. I encourage the member to do his homework, because things are going better for farmers thanks to the Liberal plan.

June 13th, 2024House debate

Steven MacKinnonLiberal

Carbon Pricing  Mr. Speaker, it is no surprise that the Conservatives want to move on from the fiasco of two days ago when they voted for 0.13% of taxpayers and set aside the 99.87% of taxpayers who are not affected by a capital gains change. They want to stand up for people who have made $250,000 on investments in a given year, and they will not stand up for the electricians, the farmers and the janitors, who earn a paycheque every week and do it honestly.

June 13th, 2024House debate

Steven MacKinnonLiberal

Carbon Pricing  Mr. Speaker, the government is very proud of the environment minister, who put the first credible plan in history on the table to meet the Paris Agreement, the Paris Agreement that the Conservatives want to rip up. It is no surprise, and the Conservatives got all of the data today, that eight out of 10 Canadians are better off.

June 13th, 2024House debate

Steven MacKinnonLiberal

Carbon Pricing  Mr. Speaker, that member from Quebec will never do what the other member from Quebec, the Minister of the Environment, has done for Canada by submitting a credible plan for lowering greenhouse gas emissions. The minister has also complied, and will continue to comply, with the Paris Agreement, which the Conservatives want to take us out of.

June 13th, 2024House debate

Steven MacKinnonLiberal

Taxation  Mr. Speaker, I grew up in Atlantic Canada. I grew up as the grandson of two dairy farmers. I grew up around an awful lot of fishers. I grew up around people who worked with their hands and did not think that electricians got electricity from the sky, but rather by plugging into the wall.

June 12th, 2024House debate

Steven MacKinnonLiberal

Taxation  Mr. Speaker, I do not know which union workers the member has been talking to, but the union workers I talk to, those we talk to and have dialogue with, and whom the finance minister just quoted, are people who believe in solidarity, who believe in caring for others, who believe in dental plans, child care, the Canada child benefit and every other single thing that the leader has voted against, the very things that this fairness tax measure will pay for.

June 12th, 2024House debate

Steven MacKinnonLiberal

Taxation  Mr. Speaker, the leader opposite has spent the entire question period talking about electricians, farmers, fishers and carpenters—

June 12th, 2024House debate

Steven MacKinnonLiberal

Taxation  Mr. Speaker, the leader opposite cites electricians, carpenters and plumbers. I come from a family, as do many of us, of farmers and electricians and people who bring home a T4 slip at the end of the year. These people who earn an honest paycheque, what do they expect from their government?

June 12th, 2024House debate

Steven MacKinnonLiberal

Taxation  Mr. Speaker, what will be in the law is that anyone who makes a capital gain over $250,000 in a given year, the first $250,000 being exempt, 50% inclusion rate, will pay 66%. That is less than what Brian Mulroney asked them to pay. It gets us closer to the fairness that is being asked for by the electricians, the farmers, the teachers, the nurses, the fishers, the people in Canada who expect us to stand up for tax fairness, and against that.

June 12th, 2024House debate

Steven MacKinnonLiberal

Taxation  Mr. Speaker, in any given year, 0.13% of Canadians will pay a modest increase in their taxable gains. However, I hear the leader across, who has never seen a support for a single Canadian that he is prepared to vote for, talking about sidelining people. He sidelines that entire caucus in every single question period.

June 12th, 2024House debate

Steven MacKinnonLiberal

Taxation  Mr. Speaker, for about 20 years, the Conservative leader has been skulking around this place without really much contact with the outside world. In the nine years that the Conservatives have been over there, they have voted against a child benefit, a dental plan, a prescription drug plan and a child care plan.

June 12th, 2024House debate

Steven MacKinnonLiberal