An Act to amend the Income Tax Act (tax credit for new graduates working in designated regions)

This bill is from the 39th Parliament, 1st session, which ended in October 2007.

Sponsor

Robert Bouchard  Bloc

Introduced as a private member’s bill. (These don’t often become law.)

Status

In committee (House), as of May 9, 2007
(This bill did not become law.)

Similar bills

C-341 (41st Parliament, 2nd session) An Act to amend the Income Tax Act (tax credit — new graduates working in designated regions)
C-341 (41st Parliament, 1st session) An Act to amend the Income Tax Act (tax credit — new graduates working in designated regions)
C-288 (40th Parliament, 3rd session) An Act to amend the Income Tax Act (tax credit for new graduates working in designated regions)
C-288 (40th Parliament, 2nd session) An Act to amend the Income Tax Act (tax credit for new graduates working in designated regions)
C-207 (39th Parliament, 2nd session) An Act to amend the Income Tax Act (tax credit for new graduates working in designated regions)

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.

Bill numbers are reused for different bills each new session. Perhaps you were looking for one of these other C-207s:

C-207 (2021) An Act to amend the Canadian Bill of Rights (right to housing)
C-207 (2020) An Act to amend the Criminal Code (presentence report)
C-207 (2020) An Act to amend the Criminal Code (presentence report)
C-207 (2015) National Appreciation Day Act
C-207 (2013) An Act to amend the Canada Evidence Act (interpretation of numerical dates)
C-207 (2011) An Act to amend the Canada Evidence Act (interpretation of numerical dates)

Votes

May 9, 2007 Passed That the Bill be now read a second time and referred to the Standing Committee on Finance.

Income Tax ActPrivate Members' Business

May 2nd, 2007 / 7 p.m.

Bloc

Robert Bouchard Bloc Chicoutimi—Le Fjord, QC

Mr. Speaker, I would like to thank all the members who spoke in this debate today, as well as the members who spoke in the first debate. Bill C-207 is designed to fight two problems that affect the regions: the exodus of young people and the shortage of skilled labour in the regions.

In the next few minutes, I would like to respond to certain concerns my colleagues have about Bill C-207. According to Mr. Clément Desbiens, an economist with Emploi-Québec, all employment sectors in the regions will be more affected in the coming years. A document entitled Perspectives professionnelles 2005-2009 states that the demand for workers in fields related to retirement will increase. However, according to the study, workers in the regions are likely to leave for urban centres where there are more jobs in sectors such as retail sales, services, administration and finance.

According to Emploi-Québec's estimates, 250,000 jobs will be created during that period. Emploi-Québec anticipates that, for the Saguenay—Lac-Saint-Jean region alone, 18,000 new jobs will have to be filled. According to the economist, the aging of the population will be felt across the country, but its impact will be even more disastrous in the regions. The country's population growth tells the tale. Between 1996 and 2006, that is over a period of 10 years, Canada's population increased by 9.4%, while the population decreased by 8.5% in Newfoundland and Labrador, by 2.2% in Saskatchewan, and by 1.1% in New Brunswick. During that same period, the population increased by 20.9% in Alberta, by 12.7% in Ontario, and by 10.2% in British Columbia.

I would also like to provide other statistics affecting my region. Over a period of 10 years, from 1991 to 2001, the population of the Lower St. Lawrence region decreased by 2.9%. During that same period, the population of the Saguenay—Lac-Saint-Jean region decreased by 2.9%, and I could provide more examples. I now come to the most affected region, that of Gaspé and the Magdalen Islands, where the population decreased by 7.7% over the same period.

This is why we support this bill which addresses all the problems. It is a tool that our regions and regional businesses can use to have access to skilled labour.

The bill provides for a tax credit not exceeding $8,000 over a 52 week period. Some have suggested that it would be better if the maximum of $8,000 could be used over three years instead of one. This is, of course, something we could discuss at committee, and we are open to such a suggestion. I therefore ask all the members of this House to act on behalf of our regions and our young people.

The Conservative members opposite who spoke in the first debate, and in this one, said that the total cost would be $600 million a year. I say that they are trying to scare the public and the members of this House. For Quebec, it would come up to $30 million. So, we are talking about approximately $150 million. I will close by encouraging all members to support this bill, to really help our young people and those regions with a declining population.

Income Tax ActPrivate Members' Business

May 2nd, 2007 / 7:05 p.m.

The Acting Speaker Royal Galipeau

The question is on the motion. Is it the pleasure of the House to adopt the motion?

Income Tax ActPrivate Members' Business

May 2nd, 2007 / 7:05 p.m.

Some hon. members

Agreed.

No.

Income Tax ActPrivate Members' Business

May 2nd, 2007 / 7:05 p.m.

The Acting Speaker Royal Galipeau

All those in favour of the motion. will please say yea.

Income Tax ActPrivate Members' Business

May 2nd, 2007 / 7:05 p.m.

Some hon. members

Yea.

Income Tax ActPrivate Members' Business

May 2nd, 2007 / 7:05 p.m.

The Acting Speaker Royal Galipeau

All those opposed will please say nay.

Income Tax ActPrivate Members' Business

May 2nd, 2007 / 7:05 p.m.

Some hon. members

Nay.

Income Tax ActPrivate Members' Business

May 2nd, 2007 / 7:05 p.m.

The Acting Speaker Royal Galipeau

In my opinion the nays have it.

And five or more members having risen:

Pursuant to Standing Order 93 the division stands deferred until Wednesday, May 9, 2007, immediately before the time provided for private members' business.

The House resumed from May 2 consideration of the motion that Bill C-207, An Act to amend the Income Tax Act (tax credit for new graduates working in designated regions), be read the second time and referred to a committee.

Income Tax ActPrivate Members' Business

May 9th, 2007 / 5:30 p.m.

The Deputy Speaker Bill Blaikie

It being 5:30 p.m., the House will now proceed to the taking of the deferred recorded division on the motion at second reading stage of Bill C-207 under private members' business.

Call in the members.

(The House divided on the motion, which was agreed to on the following division:)

Vote #182

Income Tax ActPrivate Members' Business

May 9th, 2007 / 6 p.m.

The Deputy Speaker Bill Blaikie

I declare the motion carried.

(Bill read the second time and referred to a committee)