moved for leave to introduce Bill C-387, An Act to amend the Income Tax Act (exemption from taxation of 50% of United States social security payments to Canadian residents).
Mr. Speaker, this is a bill that, interestingly enough, first surfaced in this chamber from the current Minister of Citizenship, Immigration and Multiculturalism. It has been reincarnated on a number of occasions by myself and the member for Essex. It would redress a gross injustice to people who receive social security benefits while living in this country.
The former Liberal government made a major change, which I believe was a grossly improper one. This would rectify it so that the social security payments received in Canada would be treated the same as the Canada pension plan benefits that are received in the United States and taxed there by that government.
Right now, we are substantially overtaxing these benefits received by Canadians living in Canada but receiving social security benefits from the United States.
I would also thank my seconder, the member for Burnaby—Douglas.
(Motions deemed adopted, bill read the first time and printed)