Economic Recovery Act (stimulus)

An Act to implement certain provisions of the budget tabled in Parliament on January 27, 2009 and to implement other measures

This bill was last introduced in the 40th Parliament, 2nd Session, which ended in December 2009.

Sponsor

Jim Flaherty  Conservative

Status

This bill has received Royal Assent and is now law.

Summary

This is from the published bill. The Library of Parliament often publishes better independent summaries.

Part 1 implements income tax measures proposed in the Budget tabled in Parliament on January 27, 2009 but not included in the Budget Implementation Act, 2009, which received royal assent on March 12, 2009. In particular, it
(a) introduces the Home Renovation Tax Credit;
(b) introduces the First-time Home Buyers’ Tax Credit; and
(c) enhances the tax relief provided by the Working Income Tax Benefit.
In addition, Part 1 extends the existing tax deferral available to farmers in prescribed drought regions to farmers who dispose of breeding livestock because of flood or excessive moisture and sets out the regions prescribed either as eligible flood or drought regions in 2007 to 2009.
Part 2 authorizes payments to be made out of the Consolidated Revenue Fund for multilateral debt relief and in relation to offshore petroleum resources. It also makes the following amendments:
(a) the Bretton Woods and Related Agreements Act is amended to implement amendments proposed by the Board of Governors of the International Monetary Fund;
(b) the Broadcasting Act is amended to extend the Canadian Broadcasting Corporation’s borrowing limit to $220,000,000;
(c) the Budget Implementation Act, 2009 is amended to clarify the purposes for which payments may be made;
(d) the Canada Pension Plan is amended to
(i) remove the work cessation test in 2012 so that a person may take their retirement pension as early as age 60 without the requirement of a work interruption or earnings reduction,
(ii) increase the general drop-out from 15% to 16% in 2012 allowing a maximum of almost seven and a half years of low or zero earnings to be dropped from the contributory period and to 17% in 2014 allowing a maximum of eight years to be dropped,
(iii) require a person under the age of 65 who receives a retirement pension and continues working to contribute to the Canada Pension Plan and thereby create eligibility for a post-retirement benefit,
(iv) permit a person aged 65 to 70 who receives a retirement pension to elect not to contribute to the Canada Pension Plan, and
(v) have the adjustment factors that apply to early or late take-up of retirement pensions fixed by regulation after December 31, 2010 and have the Minister of Finance and the ministers of the included provinces review the adjustment factors and make recommendations as to whether the factors should be changed;
(e) the Canada Pension Plan Investment Board Act is amended by repealing section 37 and by permitting the approval of regulations made under subsection 53(1) before they are made;
(f) The Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act is amended to provide for Crown share adjustment payments to be made in accordance with an agreement between Canada and Nova Scotia;
(g) the Customs Tariff is amended to change the conditions relating to containers temporarily imported under tariff item 9801.10.20 and to add new tariff item 9801.10.30 relating to temporarily imported trailers and semi-trailers;
(h) the Financial Administration Act is amended to require that departments and parent Crown corporations cause quarterly financial reports to be prepared every fiscal quarter and to make them public; and
(i) the Public Service Superannuation Act is amended by adding the name of PPP Canada Inc. to Part I of Schedule I to that Act.
Part 2 also amends the Bankruptcy and Insolvency Act and chapter 36 of the Statutes of Canada, 2007 to correct unintended consequences resulting from the inaccurate coordination of two amending Acts.

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.

Votes

Nov. 17, 2009 Passed That the Bill be now read a third time and do pass.
Oct. 7, 2009 Passed That the Bill be now read a second time and referred to the Standing Committee on Finance.

Economic Recovery Act (stimulus)Government Orders

October 6th, 2009 / 1:10 p.m.
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Liberal

Wayne Easter Liberal Malpeque, PE

Mr. Speaker, I enjoyed the remarks of the member for Sault Ste. Marie. I tried earlier to ask questions of the government side but members seemed to produce answers straight out of the PMO. I know the member always gives direct answers.

In his remarks, the member seemed quite reluctant to support Bill C-51 and said that he did not think it went far enough. He talked about unemployment and the fact that it is a serious situation. As the member would know, people in Atlantic Canada would not benefit from these new measures and it is a problem. I am wondering if the people in Sault Ste. Marie would benefit from these new measures. Would they get the additional time?

Second, the government has now put Canada's economy into the biggest deficit in Canadian history. One of the ways it envisions getting out of that deficit is to increase payroll taxes to the tune of billions of dollars down the road. I wonder what the member's thoughts might be in that regard on the increased burden--

Economic Recovery Act (stimulus)Government Orders

October 6th, 2009 / 1:05 p.m.
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NDP

Tony Martin NDP Sault Ste. Marie, ON

Mr. Speaker, I am pleased and privileged to be sharing my time this morning with the member for Halifax, a new member of the House of Commons who has proven herself over the last couple of years as a capable, well-researched and hard-working member. She was actually recognized by Maclean's magazine and named best rookie of the year for the year 2009.

Maclean's states:

In less than six months in the House, she has attracted an unusual amount of notice—enough to win her the best rookie MP title in the Maclean’s poll of her peers.

I congratulate her very publicly for that.

However, it is not just since she has been here. I think people need to recognize this and, because of it, be willing to listen very closely to the advice that she gives in this place and to the voice that she brings to the House of Commons on behalf of so many who have no voice and cannot find the place to have their voice heard. For example, when she was back home in the wonderful city of Halifax, she was part of the Community Coalition to End Poverty. She was part of the Metro Immigrant Settlement Association's legal workshops for newcomers. She also participated in the Dalhousie Association of Women and the Law.

She also was the developer of a very unique and helpful project in Halifax called the “Tenant Rights Project” . She was also awarded for her excellent community development work and her social justice activism in Halifax.

People can get all this information if they google the member. I would suggest that anybody who wants to understand how this place works and the voices that are here, they might want to do that.

She was awarded the Muriel Duckworth award for raising consciousness of women's issues and feminism in the legal community and also the CBA Law Day award for encouraging and promoting access to justice.

As I said, I am very pleased to be sharing my time with such an accomplished, effective and now recognized member of this chamber.

I want to put a couple of thoughts on the record today on Bill C-51 that we are debating.

First, for all the reasons articulated by the member for Halifax, I also will be supporting Bill C-51 but I must say that I do it with a heavy heart. Even though there are some things in this bill that would be helpful to some people, I have some real concern about the overall agenda of the government and whether it understands fully how we got ourselves into this very difficult economic circumstance in the first place and if in fact it has a program to get us out of it.

I will use a couple of the initiatives that the government has brought forward to show the shortcomings and how it is that even though it may make a difference for some people it would not go that full distance to make it better for everybody.

For example, the renovation tax credit, which was announced to great applause in this place and across the country, it turns out that at the end of the day it will probably not benefit those at the low end of the income scale because it is a non-refundable tax credit. Therefore, if people do not get anything back on their taxes or if they do not pay taxes because their income is so low but they have already done the renovations that they thought they were going to get a tax credit back for, at the end of the day they may end up not getting a tax credit at all.

In my view, the renovation tax credit is very short-sighted. It should have been a refundable tax credit and perhaps could have been done differently. It could have focused on those who really needed it in these difficult times to renovate their homes, particularly from an energy efficiency perspective so they could change their windows and doors, put more insulation in or buy more efficient furnaces. That would have gone a long way toward helping people on fixed incomes who are trying to stay in the little homes they have been able to purchase over the years and are struggling now to pay the bills on. That is just one of the initiatives in this bill that I would suggest the government take another look at.

On the other end of the age spectrum, the initiatives in the bill that my colleague from Halifax has spoken to, such as the improvements to the CPP program, will help some seniors but for other seniors who have worked all of their lives, many very hard in workplaces that were very challenging, the government is saying that instead of increasing the CPP or OAS or giving a little bump to GIS that would cover the increasing cost of energy to heat their homes, as the member for Halifax suggested, the government has come up with a plan that actually makes it easier for seniors to continue to work.

It has been said that McDonald's was from birth to the grave work for people. That in fact will be what we will see in this country.

I understand that some seniors will appreciate this but for my money it would have been better had we focused on how it is that we might help seniors who have already done their life's work, raised families and helped build their communities. We need to allow them to enjoy some comfort and dignity in their senior years and those senior years should start earlier rather than later if for no other reason than it creates space for younger people to pick up good well-paying jobs.

Those are just two examples of why it is that even though we will support this, in a very unique and particular time with the economy still falling apart and many people being affected more and more every day we should, as a House of Commons and as different parties, be working together to support things that will be helpful, we think this does not go near far enough.

In my office in Sault Ste. Marie I am beginning to hear the voices of those who have been on employment insurance for a significant period of time and who are looking at it ending. There will be no new jobs for them so they will have very few choices to make. One choice will be to go on welfare, which we know is not nearly sufficient. EI in the first place is not sufficient, but when people fall onto welfare it becomes a different world altogether. People who will fall onto welfare will find that it is a difficult challenge to make ends meet, to keep body and soul together and to look after their families.

The other option they have will be to take on part time jobs. We already know that people working full time in many of those part time jobs that nearly always pay minimum wage are already living in poverty. If people are working part time at one of those minimum wage jobs, they will be falling even further into poverty. The government has no comprehensive program or role to play in eliminating poverty or dealing with poverty, particularly in these very difficult times for hundreds of thousands of people across the country. I find it unconscionable that we would not be putting our minds to that and moving quickly here in this place as we debate initiatives that could be helpful to those most as risk and the most vulnerable.

Economic Recovery Act (stimulus)Government Orders

October 6th, 2009 / 1 p.m.
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NDP

Jim Maloway NDP Elmwood—Transcona, MB

Mr. Speaker, I was pleased that the member dealt with the CPP amendments in Bill C-51 as merely first steps. She went on to explain some other options that we as a party see that we should be developing here to improve pensions. I would like her to expand a little further on her ideas there.

Economic Recovery Act (stimulus)Government Orders

October 6th, 2009 / 1 p.m.
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NDP

Jim Maloway NDP Elmwood—Transcona, MB

Mr. Speaker, I want to thank the member for an excellent speech, which probably was the first speech all day that dealt exclusively with Bill C-51, the bill at hand.

I would like the member to elaborate a bit on how the tax credit for green renovations would and should work. I thought that was a very intriguing part of her speech and I would like her to expand on that a little bit more.

Economic Recovery Act (stimulus)Government Orders

October 6th, 2009 / 12:50 p.m.
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NDP

Megan Leslie NDP Halifax, NS

Mr. Speaker, I will be sharing my time with my colleague, the member for Sault Ste. Marie.

I am rising today to speak to Bill C-51, An Act to implement certain provisions of the budget tabled in Parliament on January 27, 2009 and to implement other measures. I would like to speak to a few of the policies that are covered by this piece of legislation. I am going to focus on a couple of items in this legislation, in particular, payments to be made out of the consolidated revenue fund for offshore petroleum resources, the CBC, the home renovation tax credit, and if there is time, changes to the CPP.

The first issue I would like to address is the $174.5 million for Nova Scotia under the offshore agreement. I would like to thank our former colleague, Bill Casey, the former member for Cumberland—Colchester—Musquodoboit Valley, for the time and effort he gave to this issue, and also for his commitment to keeping all Nova Scotia MPs across party lines updated on Atlantic accord issues.

The federal government did not keep its word. It did not abide by law. It completely ignored and did not honour the original Atlantic accord. I believe that Nova Scotians, Newfoundlanders and Labradorians are still getting short shrift. There was an agreement and the government did not keep up its end of the bargain.

However, the government did come to a second agreement with Nova Scotia to try to mitigate the damage caused by not honouring the first agreement. We have been waiting and waiting for this money.

The NDP has been pressuring the government to at least honour the second deal. Thanks to our continued pressure the government is taking the first step toward treating Nova Scotia properly, fairly and with respect.

This money is a step in the right direction. It is a good thing for Nova Scotians, and it is a good thing for Nova Scotia. While I would like to see the next step toward honouring the Atlantic accord, and I hope that the government does work with my premier towards that end, I am very pleased to see this first step towards giving Nova Scotia the respect that it deserves. This is yet another reason that we do not need an election right now. What we need is to see this money get to Nova Scotia.

I will be very proud to stand up and cast my vote in favour of this bill if only for this measure alone, the $174.5 million for Nova Scotia. I am sure that all Nova Scotians would agree with me.

There is also a change to the loan provisions for the CBC in this bill. New Democrats have been calling for these types of changes for some time. I have spoken in this House about the cuts to the CBC in Halifax. We lost programming in the form of reduced time for Maritime Noon, a maritime-wide call-in program. It is an opportunity for maritimers to stay connected, across the Bay of Fundy and across the Northumberland Strait. It talks about issues facing our region.

It is an important show for allowing debate and discussion and the free exchange of ideas. On any given day one can tune in and hear about something as specific as regional gardening tips to ideas as broad as the international response to climate change. The cuts to Maritime Noon are a little snapshot from my corner of the country about how these cuts are affecting Canadians and our public broadcaster.

My colleague, the member for Timmins—James Bay, has worked hard on this issue both inside and outside the House. In fact, he said in a speech, “These job losses were completely avoidable. All it required was his signature so that they could get a bank loan or bridge financing, and it would not have cost the taxpayer a cent”.

The Conservatives have responded by increasing the amount of money the CBC can borrow in order to bridge that financing. This is what the NDP has been calling for.

In many of our communities from coast to coast to coast the CBC is a vital part of the communication link. This measure that has been introduced will only strengthen the CBC.

I will be supporting this bill as it contains positive measures, like the home renovation tax credit, the first-time home buyers tax credit and drought relief for livestock owners. However, I am not kidding myself that this is some sort of grand vision for Canada during an economic crisis, because it is not.

I support the home renovation tax credit because Canadians are relying on it, but earlier this week my colleague from Western Arctic pointed out that he saw a rather large sign outside a hot tub emporium which stated that the tubs were available under the home renovation tax credit, that if people bought these hot tubs and installed them, they could be eligible for the home renovation tax credit. We are all trying to reduce our energy consumption and the government purports to take our international obligations about climate change seriously. This is a great example of why policy should have direction.

I believe in government. I believe that governments are there to provide direction. They are not there simply to enable more consumerism. They are there to help Canadians make good choices.

New Democrats have often called for a tax credit or for programs for retrofitting houses that would actually have a green energy focus, not just renovations, but green renovations. This tax credit does not do that. Almost anything could be done with the tax credit, like putting in a hot tub on a new deck.

Before I was elected I worked with the provincial government and the utility in our province on energy efficiency programs. Energy efficiency is absolutely our greatest resource right now. If we could reduce our consumption of fossil fuels, it would be like finding a new source of energy. It would be like an oil field's worth of efficiency.

Energy efficiency could also create jobs. The Suzuki Foundation put out a paper called “Cool Solutions to Global Warming”. In its analysis the foundation said, “Investments in energy efficiency have been found to produce four times more jobs than equivalent spending in new supplies of conventional energy”. That is an oil field's worth of jobs.

There we have it. We could have a positive impact on the environment, a positive impact on making life more affordable for Canadians. The government could have a profound impact on job creation, if only the government would realize that government has a role in providing direction to Canadians. It has a role in helping us make good choices.

I will turn briefly to the proposed changes to the Canada pension plan. This bill would make amendments that would allow people to collect their CPP without actually having to stop work. It would increase the number of low-income years that a person could drop from the calculation of his or her career earnings. Among a few other measures, it would allow people to contribute past the age of 65.

The measures introduced would allow for greater flexibility and choice for people approaching their retirement years. These are very good first steps to reforming the CPP and are worthy of support. However, I remain hopeful that these are just first steps and that the government will honour its obligation under the unanimously passed motion that my colleague from Hamilton East—Stoney Creek moved.

The motion put forward by the NDP states that we need to expand and increase the CPP, QPP, OAS and GIS to ensure that all Canadians can count on a dignified retirement. Would that not be something if people could have dignity in their retirement? Bill C-51 does not do this, but I am hopeful the government will begin its expansion of these pension programs soon, as 30% of Canadians are without retirement savings and seniors in my riding are struggling to get by on their meagre pensions.

In summary, I will be supporting this bill. The NDP has decided that it will look at each bill on a case by case basis and see if it is in the best interests of Canadians. According to the measures that have been introduced, we will be supporting it, but we are hopeful that this is just the first step toward a grander vision for understanding that government does have a role to play during this economic crisis.

Economic Recovery Act (stimulus)Government Orders

October 6th, 2009 / 12:15 p.m.
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NDP

Jim Maloway NDP Elmwood—Transcona, MB

Mr. Speaker, unlike the member for Burlington, I enjoyed the speech from the member for Mississauga South.

I have noticed that he does not necessarily follow the Liberal line and the Liberal caucus on a number of bills. I know on Bill C-23, the Canada-Colombia trade act, he has some independent thought on it as he has on some other bills. I admire him for stepping out of the box a little and not blindly following his caucus. As well, he was the only Liberal member not to say how he would vote on the bill. He spent some time talking about the issue of relevance.

I appreciate the fact that there is some latitude given here, but the members have to deal with Bill C-51 at some point during their speeches. That is what we are dealing with at this point.

I suspect he is like the person looking through the department store window. He really wants to be on this side on this issue, but he has to stand up to his caucus and say so.

Economic Recovery Act (stimulus)Government Orders

October 6th, 2009 / 12:15 p.m.
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Conservative

Mike Wallace Conservative Burlington, ON

Mr. Speaker, we all understand that the Liberal leader has lost confidence in the Conservative government, but based on the ramblings of the member's speech, I think the Liberals have lost confidence in the integrity of Canadians, which is very shameful. Indeed I doubt that they ever had confidence in us.

However, the issue now before the House is the current bill, Bill C-51, which addresses the economic recovery for Canada.

The Liberal leader says he would enact these measures but only after an election. The fate of Bill C-51 is not in question. It is going to pass.

Why will the Liberal members not demonstrate their resolve to get Canada moving as quickly as possible by voting for Bill C-51? Why will they not join all members of this House and put Canada first?

Economic Recovery Act (stimulus)Government Orders

October 6th, 2009 / 11:55 a.m.
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Liberal

Paul Szabo Liberal Mississauga South, ON

Mr. Speaker, I am pleased to participate in this debate on Bill C-51, An Act to implement certain provisions of the budget tabled in Parliament on January 27, 2009 and to implement other measures.

I took the opportunity to attend the briefing session provided by the finance officials. There were a number of people there. I found it very interesting and found myself put at somewhat of a disadvantage. As we walked in the door we were given a copy of the draft bill, which is the bill now before us, to see it for the first time. There were no other briefing notes. There were no other documents that would explain why changes were being made. It was not about the precise words, but it was to indicate to the members the reason why this is being made.

Very often, the Library of Parliament will prepare briefing notes for members so that they can fully participate in debate from knowledge rather than from ignorance. I think it is very important. When we get important bills and initiatives from any government, accountability requires that it must explain or justify its words, actions or decisions in a manner that is true, full and plain.

That accountability has to not only happen after the government has done something but before it has done it and when it anticipates it should be done. People need to be informed about where a government is going and why. They need to be given an opportunity to prepare themselves. Members need to prepare in a reasonable fashion for debate in order to understand the nuances. Legislation is complex. This is basically an omnibus bill because it touches so many different acts.

With regard to this budget implementation act, in addition to the various credits and amendments in terms of the Income Tax Act, we also have changes to the Bretton Woods and Related Agreements Act, the Broadcasting Act, the Canada pension plan, the Canada Pension Plan Investment Board Act, the Canada–Nova Scotia Offshore Petroleum Resources Accord Implementation Act, the Customs Tariff, the Financial Administration Act, the Public Service Superannuation Act, and the Bankruptcy and Insolvency Act.

If members were expected to somehow comment on this bill, it would be extremely difficult in the little time that is allocated to individual members to make reasonable contributions to the whole act. One will notice that a number of the members take aspects of the act that they are somewhat familiar with and have something specific that they would like to provide input on.

It may be with regard to the home renovation tax credit or the Canada pension plan. I know that hon. members have received a lot of input on that. I think that most people would concede that allowing Canadians the opportunity to invest in their homes is a good thing because it does create jobs. That kind of improvement is a good thing to happen.

However, as I followed the debate, there seemed to be a big question about relevance and whether or not talking about the broader picture was relevant to the debate and in fact in order. I submit that this budget implementation act is pursuant to a budget. The budget is the government's vision, outlook and proposals to address the condition of the country.

We know that we are in a recession. We know that unemployment has risen to record levels. We know that the deficit, being the shortfall of cash inflows versus cash outflows, is growing to the highest level it has ever been in our history. It is around $60 billion and it is expected to go much higher.

When we talk about a budget implementation bill, we are really talking about the budget, which is really talking about the government's plan to address the realities of a country.

It is very relevant for members to say that this bill, which is in part what is included in the budget, is part of something that some members believe is not the right track to deal with the problems facing the nation. It is not the right track with regard to saving current jobs or to promote future jobs in areas where there is the highest probability of creating jobs. It maybe does not hit the mark when it comes to dealing with a plan to get the country out of deficit over the long term.

The previous speaker talked about a prior Liberal government. His description was that it slashed and burned and all other good things. That is good rhetoric, but if the member were accountable to the House, he would have been truthful and plain about the facts. The facts are that in 1993 the then Liberal government inherited a $42 billion deficit and a debt-to-GDP ratio that was terrible compared to what it is today. It meant one's ability to deal with it was terrible.

I can remember asking Paul Martin at the time about our strategy to balance the budget within a reasonable period of time. That first happened in 1997 and for 10 years since then there were balanced budgets, in fact tax cuts and the restoration of other cuts.

The question I asked him was how we explain to Canadians that this is the right approach to deal with the economic reality of the country. He said he had to impose cuts right across the board and the federal government would be the worst hit. The public service really took a big hit, Canadians took a big hit, our health care took a hit, and the provinces took a hit in terms of the transfers for social services and health care costs. He told me that he had to cut 20% to save the 80% left, and once the government could stabilize the situation, just like a doctor dealing with a patient, then it could build back.

There was a lot of pain and nobody is going to doubt that. However, we should understand that the books were balanced and the financial integrity of Canada was restored within three years from a $42 billion deficit inherited from Brian Mulroney. That in fact carried over to the current government, which took over in 2006.

I have forgotten what the deficit was at the time. The election was in January 2006, Parliament did not start until April, the cabinet was not even formed at that time, and I believe the surplus for the year ended March 31, 2006, was some $17 billion. The current government inherited not only balanced books but a surplus, which allowed it latitude and flexibility to be able to continue to offer tax cuts to Canadians and also to restore program funding, where necessary, to meet the urgent needs of Canadians.

I do not apologize for what happened there. When one has a terrible situation, one has to make tough decisions. Paul Martin always said that government is about making tough decisions.

I never judge a government by what it does when times are good; I judge a government by how it responds when things are going bad. That is important for individuals as well. It is really easy to boast when everything is rosy, but what happens when it hits the wall? How do people show composure, professionalism, knowledge and wisdom to address a situation in the most appropriate fashion? Those are the kinds of things we are talking about.

I cannot talk about everything in this bill, but I went to the briefing session. I was sorry we did not get the briefing notes from the officials. They had panels come forward on each and every one of the items that are dealt with in this implementation bill. I wish they had given us their notes. They had notes, because they explained it to us. When I asked if I could have the notes, they said I would have to write my own from whatever they said. That was not very helpful and I did not think it was very accountable, but so be it.

I talked about and asked questions about the home renovation tax credit when it first came out in the budget. I had to read it a couple of times because there was one aspect, and this will show how members of Parliament may have input into important legislation such as this for our country.

I noticed that the home renovation tax credit, as it said in the initial language, was available to the registered homeowner or joint owners of that dwelling. What if we had a situation where there was a couple, the stay-at-home spouse brought the house into the marriage and the other spouse was the working spouse, but when they got married they did not change the registration to both of them? That means that the registered owner has no income and the home renovation tax credit would not be worth anything to them because they have no income taxes payable to which to apply a tax credit.

I immediately sat down with the finance minister and raised it with him. It was kind of interesting. He did not realize it. He said that it was not the intent and there was family law, division of assets and all that other stuff. One of his responses to me, and I do not think he will mind if I share this, was to ask whether I really thought the Canada Revenue Agency would check the registration of households before it gave out the credit. Probably not, but I was kind of hoping that the finance minister would not even make such a flippant remark, because our legislation has to be grounded and rooted in sound decision-making elements and facts.

With regard to the home renovation tax credit, I wanted to inform my constituents, so I did a householder on it, laying out generally how it works. I talked about the dwelling, which could be a house, a cottage or a condominium. Renters would not be able to do anything. It was not clear to me, and I said it would have to be checked out, whether a person operating a business out of a home would qualify or whether there would be a reduction of the credit otherwise available. Then I saw that if two families shared the same dwelling, each would get one credit. These are the kinds of things I was letting them know about. I gave them some examples of eligible expenditures. I wanted to be sure that they knew that furniture and appliances and the purchase of tools, et cetera, would be ineligible expenses and not applicable for the credit.

I also indicated to them that these expenditures had to be made in a period after January 27, 2009, and before February 1, 2010, pursuant to agreements after January 27, 2009.

It is family-based. People should know that. It is important. That means one family gets a chance to do it, and a family includes children who are under age 18 at the end of 2009.

It does raise the question, though, that if a person has a child who is over 18 years of age and living in that dwelling, who has his own room over the garage, whether he can renovate his room and claim his $1,350. He is not under the definition of family, but he certainly is a taxpayer. I am told that children sometimes do come back to the family home. To anybody who is in that situation I would suggest that they might want to consider, if they have a child over 18 years of age who has some designated area of the house that is his or hers, whether maybe he or she could qualify for this credit. It would be an interesting challenge to the Canada Revenue Agency.

I also dealt with the fact that people can do the work themselves or have others do it. This will probably surprise and maybe annoy some people who do not have disposable income to spend on renovations at this time, but the first $1,000 of the eligible expenditures does not qualify for any credit. The first $1,000 is on a person's own ticket. So it is the amount after that. That means that expenditures after that, up to an additional $9,000, qualify for the 15% non-refundable tax credit. The person actually has to spend $10,000, and the last $9,000 is what is eligible for the credit.

Non-refundable means that it will be applied against taxes otherwise payable. If people have no taxes payable, it does not matter how much non-refundable tax credit they have, they do not get any refund.

People should understand that if there is any way to generate income in 2009, knowing that they will have unused credit, that would be a good thing to do. So they may want to crystallize some investments or whatever.

I also gave them some contact information, because I think there will be a few questions and perhaps a few peculiar situations that people were not aware of. I do encourage Canadians, if they do not remember any phone numbers, to just remember 1-800-O-Canada. That is the main number and will get them to whomever they have to speak to in order to get answers to questions.

Also at this briefing session I had a chance to engage the officials with regard to the CBC. When we mention the CBC in this chamber, Canadians get nervous. We know that. The CBC has had a very significant challenge. There are some who do not believe the CBC should be getting any funding from the Government of Canada. They believe it should compete with others on its own merit. I certainly do not hold that view.

We have a national broadcaster that holds this country together. It is probably, other than our health care, the only thing that keeps us all together. Whenever the CBC has gone on strike or had lockouts or that kind of stuff, Canadians en masse have told parliamentarians, “Deal with it; I miss my CBC”.

Well, the CBC is going to be authorized to borrow $220 million, up from $25 million. I asked whether they could give me more details as to why they are doing this and what it relates to. It basically has to do with properties that the CBC owns that it is not using for its own purposes, so it is leasing them out and getting lease revenue.

If people have an annuity, being lease revenue coming in over this period of time, it is worth something and they can present-value it and discount it. They can in fact go to a financial institution and it may buy it from them. It will buy that right to receive those future payments for a lump sum today.

That is exactly what this is about. It is basically monetizing an asset, a stream of income. That means that the CBC is going to have the cash it needs today to address the severe the problems it has and the challenges, because in down times the CBC has trouble raising advertising revenue as well. It also has to make job cuts and has done so.

The concern, though, and I think many Canadians may agree, is that if the CBC is basically selling assets to take care of today's bills, what it is really doing is mortgaging its future.

My immediate reaction was that the fuse has been lit to the future privatization of CBC at fire-sale prices. It concerns me, and we have to watch this.

Finally, I want to talk about what the member for Huron—Bruce was talking about. I think his words were that we want to save jobs, we are saving jobs today, managing the economy for jobs for tomorrow, boosting the recovery and promoting economic stability.

I think those are laudable objectives. However, I can tell members that when we look at the unemployment line hurtling toward 10% and then look at the words the Conservatives said, that they want shovel-ready infrastructure projects to save today's jobs and to provide jobs in those areas that have the highest prospect of growth, “shovel-ready” to everybody in Canada means that as people are losing their jobs or that curve is starting to go up, they need to have those projects going.

What has really happened, and it is a real shame, is that the infrastructure cash, the cheque to the people for these projects, has not happened, has not tracked with the unemployment curve, and therefore, the job need. They have missed the boat.

I think the government has failed miserably on the infrastructure program, and I hope Canadians will understand it appears that it really did not want to inject stimulus at all in the first place.

Economic Recovery Act (stimulus)Government Orders

October 6th, 2009 / 11:45 a.m.
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NDP

Jim Maloway NDP Elmwood—Transcona, MB

Mr. Speaker, it took the member for Huron—Bruce a while to get to Bill C-51 as well in his speech, but when he did he dealt with some of the statistics that I am looking for on the home renovation tax credit program and the first time homebuyers program.

I would like to ask the member how many first time homebuyers have taken part in the program? I realize that at the end of the day we will not know until the year is up as to whether or not this program has been of benefit. The question is whether or not the program is the motivating factor for first time homebuyers in the first place, or it may be just because house prices have dropped and first time homebuyers are jumping into the market.

On the issue of the home renovation tax credit, my colleague mentioned that 4.6 million Canadians will be taking advantage of it. I wonder if that is a projected figure or whether he knows that to be the case.

I wanted to ask him too whether he would intervene with the parliamentary secretary and the minister to make certain that the government announces an extension of this popular program?

Economic Recovery Act (stimulus)Government Orders

October 6th, 2009 / 11:45 a.m.
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Conservative

Ben Lobb Conservative Huron—Bruce, ON

Mr. Speaker, the hon. member for Malpeque has never been short for words, as we all know. He does, however, support farmers as I support farmers.

He did come in late and the unfortunate thing is that we are actually debating Bill C-51 today. The support we are providing in Bill C-51, which he voted against, would provide support to farmers in drought and flood regions. In a way he is actually talking out of both sides of his mouth on this issue.

I think the member for Malpeque has an issue with the fact that all members of our government worked with pork producers, listened to pork producers, and delivered results in conjunction with them.

Just Friday, the final announcement came out, and today hog producers across this great country are talking with their banks. They are working on their transitional progress. They are looking at ways to market their products not only in Canada but also around the world. Our pork producers produce some of the greatest pork in the world.

I would encourage all Canadians to support their local producers, to buy Ontario, to buy Canadian, and not listen to the rhetoric from the member for Malpeque.

Economic Recovery Act (stimulus)Government Orders

October 6th, 2009 / 11:20 a.m.
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NDP

Jim Maloway NDP Elmwood—Transcona, MB

Mr. Speaker, the member's speech was great, unfortunately, it was on the wrong bill. I thought he was supposed to be talking about Bill C-51. In that vein, I would like to ask him a question about something that does apply to the bill, which is the home renovation tax credit.

I understand his party supports the home renovation tax credit and has said that if the Liberals become the government, they would certainly honour the program. However, has he not noticed that the Conservatives have only made this a temporary program? The first-time homebuyers' tax credit was brought in as a continuous program, but the renovation tax credit is only a one-year event. In fact, they have spent as much money advertising the program as they are probably going to give out in tax credits.

Does he think the government should make a commitment to extend this program beyond one year?

Economic Recovery Act (stimulus)Government Orders

October 6th, 2009 / 11:15 a.m.
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Liberal

Navdeep Bains Liberal Mississauga—Brampton South, ON

Mr. Speaker, I understand the frustration and concern. As we all know, the opposition called their bluff and the Conservatives were forced to come up with a real plan to deal with the recession. That plan, which the government promotes as Canada's economic action plan, would never have existed if the Prime Minister had a majority government. It is important that we remember that.

After forcing these major concessions from the Conservatives, the Liberal Party then agreed that we would act in good faith and support the budget only after amending the motion to provide for regular reports to Canadians on the progress of its implementation. We put them on probation because we wanted to give Canadians the accountability that they deserve and to make sure that the government would actually follow through on its commitments.

It is almost Thanksgiving. The construction season has wound down and there are still virtually no infrastructure projects under way. An entire construction season was wasted at a time when we were supposed to be stimulating the economy. It is hard to create jobs and get the economy moving when only 12% of the announced projects were under way before September. In fact, it is not just infrastructure. Spending is not getting out the door at all. The entire so-called action plan is simply a listing of one failure after another.

For example, take the $12 billion secured credit facility that the Prime Minister promised for the auto sector. None of the money has gone out. Out of the $1 billion green infrastructure fund, only $71 million, or less than 1%, has been allocated. Of the $2 billion municipal infrastructure lending program, only $80.6 million, or less than one-half of one per cent, has been allocated. Of the $400 million set aside for housing for low-income seniors, only two projects totalling $5.35 million have been announced. The government's own report states that only $350 million of the $1 billion community adjustment fund has been “committed”. I could go on and on. The list gets greater and greater.

One can see that the Conservatives are unable to get the stimulus money out the door. They are spending tens of millions of dollars running campaign-style ads on taxpayer dimes.

I do not know how they can justify spending $40 million to tell us about an action plan that is not actually working and which they cannot implement. Let me put this in perspective. They only spent $6.5 million to warn Canadians about the very real danger of the H1N1 virus. To add to the confusion, the Prime Minister spent the summer making announcements, but 14 of those 16 announcements were for regular, non-stimulus infrastructure projects that either will not begin for years or had been planned for years before and were long delayed by the Conservative government.

It gets worse. Not getting money out and wasting taxpayer dollars on meaningless advertising is just the beginning. The money that the government has spent is being directed in a very partisan manner. In Ontario, the Conservatives promised 15% more dollars on average to their own ridings. That amounts to $13.1 million from the infrastructure stimulus fund and the recreation facilities fund combined, compared to the $11.1 million average for Liberal-held ridings.

In the stimulus program for rehabilitation of the community recreation centres, 18 out of the top 20 ridings by number of projects granted in Ontario are held by the Conservatives. Of course, the government tries to claim that this is all a coincidence and that things just happened to work out this way. However, it is very difficult to keep a secret of this nature.

I assume the member opposite would love to hear this quotation from the National Post, which summed it up by saying:

--the nominated Conservative candidate in the Ontario riding of Markham-Unionville...said on live television that the reason his riding has not received federal funding for a medical testing centre is that the Member of Parliament is a Liberal.

That is not getting the job done for all Canadians. That is buying votes. Canadians expect their government to make informed and prudent decisions and not turn their trust into a Conservative rewards program. Beware of Conservatives bearing gifts because with one hand they giveth and with the other hand they taketh away.

The same Prime Minister who said that he would never raise taxes is quietly implementing a $13 billion payroll tax that kills jobs and acts as a disincentive to employers. Perhaps I am giving him too much credit by taking him at his word. He is the same Prime Minister who pledged that he would never tax income trusts and then did so anyway, hurting seniors and many others who invested their life savings simply because they believed the Prime Minister when he said, “There is no greater fraud than a promise not kept”.

I was elected by the constituents of Mississauga—Brampton South to fight for their interests in Ottawa. What I have seen is systematic deception and incompetence on the part of the government. Too many of my constituents are losing their jobs. Despite being a prosperous part of the greater Toronto area, the unemployment rate in my riding hovers around 11%, compared with a rate of around 6.5% when the Conservatives came into power.

There are 450,000 more unemployed Canadians today than there were a year ago and according to the Conservatives' own report card, another 200,000 Canadians will join them in the coming year.

That is why the Liberals oppose Bill C-51. That is why the Conservatives have lost our confidence. We can do better. Canada can do better. We look forward to ensuring they are held to account.

Economic Recovery Act (stimulus)Government Orders

October 6th, 2009 / 11:10 a.m.
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Liberal

Navdeep Bains Liberal Mississauga—Brampton South, ON

Mr. Speaker, I rise today to speak to Bill C-51, an act to implement certain provisions of budget 2009. The Liberal Party opposes the bill as a matter of confidence. This is not a decision we have taken lightly, and it has come after making a legitimate and honest effort to work with the Conservatives to do what is in the best interests of Canadians. Yet, time and time again the government has demonstrated that it is not interested in cooperation and it is not interested in compromise.

After the last election, the Prime Minister found that once again Canadians would not trust him with a majority government. He initially accepted their judgment, but after Parliament was recalled and the Speech from the Throne was delivered, he made it clear that he was in no mood for cooperation. The economic update that was delivered surprised everyone by its partisan tone, and it did nothing to help deal with the economic crisis. In fact, what the Globe and Mail wrote on November 28 sums up the Conservatives, in terms of their strategy, during the first economic update:

For an economist, [the Prime Minister] can certainly see a political opportunity faster than an economic mess. In the fiscal update yesterday, the government should have concerned itself with rallying the people - and the Parliament - of Canada behind a vigorous response to the global economic crisis. Instead, the proposals put forward by...the Minister of Finance, amounted to fiscal gerrymandering.

After the election, [the Prime Minister] promised a new co-operative, less partisan approach to governing. He pledged to work with the opposition to deal with the economic crisis.

The most significant item in yesterday's update, however, was a manoeuvre that had nothing to do with the economy, and could needlessly plunge the government into chaos....

By destabilizing their own government, the Conservatives have placed Canada at a competitive disadvantage against other states.

Through gratuitous partisanship, they have turned an economic crisis into a political one.

They should withdraw their cynical attempt to rewrite election rules and concentrate on what matters--

Economic Recovery Act (stimulus)Government Orders

October 6th, 2009 / 11:05 a.m.
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NDP

Jim Maloway NDP Elmwood—Transcona, MB

Mr. Speaker, Bill C-51 implements the first-time home buyers' tax credit, and that is an ongoing government program.

However, the home renovation tax credit, which is much vaunted and touted by the government and much advertised, is only planned to be a one year effort. How many people were projected to take advantage of this program? Why is it not an ongoing program if it is so popular? Given the big advertising budget the government has allocated to this program, I am just wondering whether it will spend more on advertising than on tax credits.

On that basis, I would like to encourage the government to make an announcement very shortly that it will extend this program on an ongoing basis.

Economic Recovery Act (stimulus)Government Orders

October 6th, 2009 / 11:05 a.m.
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Liberal

Siobhan Coady Liberal St. John's South—Mount Pearl, NL

Mr. Speaker, I thought it was most important to give the reasons why I was not supporting Bill C-51 which included the fact that I have no faith in the government's ability to move us through these difficult economic times.

Regarding the CBC, it was the government's inaction that forced the CBC to make cuts to its programming and to ask for these changes so that it could borrow money. It is as a result of the government's inaction that has caused the CBC to make these moves. That is the reason why this has been so challenging to the CBC. That is one of the reasons why I will not be supporting Bill C-51.