Jobs and Economic Growth Act

An Act to implement certain provisions of the budget tabled in Parliament on March 4, 2010 and other measures

This bill was last introduced in the 40th Parliament, 3rd Session, which ended in March 2011.

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 of this enactment implements income tax measures proposed in the March 4, 2010 Budget. In particular, it
(a) introduces amendments to allow a recipient of Universal Child Care Benefit amounts to designate that the amounts be included in the income of the dependant in respect of whom the recipient has claimed an Eligible Dependant Credit, or if the credit is not claimed by the recipient, a child of the recipient who is a qualified dependant under the Universal Child Care Benefit Act;
(b) clarifies rules relating to the Medical Expense Tax Credit to exclude expenses for purely cosmetic procedures;
(c) clarifies rules relating to payments made to a Registered Education Savings Plan or a Registered Disability Savings Plan through a program funded, directly or indirectly, by a province or administered by a province;
(d) implements amendments to the family income thresholds used to determine eligibility for Canada Education Savings Grants, Canada Disability Savings Grants and Canada Disability Savings Bonds;
(e) reinstates the 50% inclusion rate for Canadian residents who have been in receipt of U.S. social security benefits since before January 1, 1996;
(f) extends the mineral exploration tax credit for one year;
(g) reduces the rate of interest payable by the Minister of National Revenue on tax overpayments made by corporations;
(h) modifies the definition “taxable Canadian property” to exclude certain shares and other interests that do not derive their value principally from real or immovable property situated in Canada, Canadian resource property, or timber resource property;
(i) introduces amendments to allow the issuance of a refund of an overpayment of tax under Part I of the Income Tax Act to certain non-residents in circumstances where an assessment of such amounts has been made outside the usual period during which a refund may be made;
(j) repeals the exclusion for indictable tax offences from the proceeds of crime and money laundering regime; and
(k) increases the pension surplus threshold for employer contributions to registered pension plans to 25%.
Part 2 amends the Excise Act, 2001 and the Customs Act to implement an enhanced stamping regime for tobacco products by introducing new controls over the production, distribution and possession of a new excise stamp for tobacco products.
Part 2 also amends the Excise Tax Act and certain related regulations in respect of the Goods and Services Tax/Harmonized Sales Tax (GST/HST) to:
(a) simplify the operation of the GST/HST for the direct selling industry using a commission-based model;
(b) clarify the application of the GST/HST to purely cosmetic procedures and to devices or other goods used or provided with cosmetic procedures, and to services related to cosmetic procedures;
(c) reaffirm the policy intent and provide certainty respecting the scope of the definition of “financial service” in respect of certain administrative, management and promotional services;
(d) address advantages that currently exist in favour of imported financial services over comparable domestic services;
(e) streamline the application of the input tax credit rules to financial institutions;
(f) provide a new, uniform GST/HST rebate system that will apply fairly and equitably to employer-sponsored pension plans;
(g) introduce a new annual information return for financial institutions to improve GST/HST reporting in the financial services sector; and
(h) extend the due date for filing annual GST/HST returns from three months to six months after year-end for certain financial institutions.
In addition, Part 2 amends regulations made under the Excise Tax Act and the Excise Act, 2001 to reduce the interest rate payable by the Minister of National Revenue in respect of overpaid taxes and duties by corporations.
Part 3 amends the Air Travellers Security Charge Act to increase the air travellers security charge that is applicable to air travel that includes a chargeable emplanement on or after April 1, 2010 and for which any payment is made on or after that date. It also reduces the interest payable by the Minister of National Revenue to corporations under that Act.
Part 4 amends the Softwood Lumber Products Export Charge Act, 2006 to provide for a higher rate of charge on the export of certain softwood lumber products from the regions of Ontario, Quebec, Manitoba or Saskatchewan. It also amends that Act to reduce the rate of interest payable by the Minister of National Revenue on tax overpayments made by corporations.
Part 5 amends the Customs Tariff to implement measures announced in the March 4, 2010 Budget to reduce Most-Favoured-Nation rates of duty and, if applicable, rates of duty under other tariff treatments on a number of tariff items relating to manufacturing inputs and machinery and equipment imported on or after March 5, 2010.
Part 6 amends the Federal-Provincial Fiscal Arrangements Act to provide additional payments to certain provinces and to correct a cross-reference in that Act.
Part 7 amends the Expenditure Restraint Act to impose a freeze on the allowances and salaries to be paid to members of the Senate and the House of Commons for the 2010–2011, 2011–2012 and 2012–2013 fiscal years.
Part 8 amends a number of Acts to reduce or eliminate Governor in Council appointments, including the North American Free Trade Agreement Implementation Act. This Part also amends that Act to establish the Canadian Section of the NAFTA Secretariat within the Department of Foreign Affairs and International Trade. In addition, this Part repeals The Intercolonial and Prince Edward Island Railways Employees’ Provident Fund Act. Finally, this Part makes consequential and related amendments to other Acts.
Part 9 amends the Pension Benefits Standards Act, 1985. In particular, the Act is amended to
(a) require an employer to fully fund benefits if the whole of a pension plan is terminated;
(b) authorize an employer to use a letter of credit, if certain conditions are met, to satisfy solvency funding obligations in respect of a pension plan that has not been terminated in whole;
(c) permit a pension plan to provide for variable benefits, similar to those paid out of a Life Income Fund, in respect of a defined contribution provision of the pension plan;
(d) establish a distressed pension plan workout scheme, under which the employer and representatives of members and retirees may negotiate changes to the plan’s funding requirements, subject to the approval of the Minister of Finance;
(e) permit the Superintendent of Financial Institutions to replace an actuary if the Superintendent is of the opinion that it is in the best interests of members or retirees;
(f) provide that only the Superintendent may declare a pension plan to be partially terminated;
(g) provide for the immediate vesting of members’ benefits;
(h) require the administrator to make additional information available to members and retirees following the termination of a pension plan; and
(i) repeal spent provisions.
Part 10 provides for the retroactive coming into force in Canada of the Agreement on Social Security between Canada and the Republic of Poland.
Part 11 amends the Export Development Act to grant Export Development Canada the authority to establish offices outside Canada. It also clarifies that Corporation’s authority with respect to asset management and the forgiveness of certain debts and obligations.
Part 12 enacts the Payment Card Networks Act, the purpose of which is to regulate national payment card networks and the commercial practices of payment card network operators. Among other things, that Act confers a number of regulation-making powers. This Part also makes related amendments to the Financial Consumer Agency of Canada Act to expand the mandate of the Agency so that it may supervise payment card network operators to determine whether they are in compliance with the provisions of the Payment Card Networks Act and its regulations and monitor the implementation of voluntary codes of conduct.
Part 13 amends the Financial Consumer Agency of Canada Act to provide the Financial Consumer Agency of Canada with a broader oversight role to allow it to verify compliance with ministerial undertakings and directions. The amendments also increase the Agency’s ability to undertake research, including research on trends and emerging consumer protection issues. Finally, the Part makes consequential amendments to other Acts.
Part 14 amends the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to confer on the Minister of Finance the power to issue directives imposing measures with respect to certain financial transactions. The amendments also confer on the Governor in Council the power to make regulations that limit or prohibit certain financial transactions. This Part also makes a consequential amendment to another Act.
Part 15 amends the Canada Post Corporation Act to modify the exclusive privilege of the Canada Post Corporation so as to permit letter exporters to collect letters in Canada for transmittal and delivery outside Canada.
Part 16 amends the Canada Deposit Insurance Corporation Act to allow the Governor in Council to specify when a bridge institution will assume a federal member institution’s deposit liabilities and allow the Canada Deposit Insurance Corporation to make by-laws with respect to information and capabilities it can require of its member institutions. This Part also amends that Act to establish the rules that apply to the assignment, by the Canada Deposit Insurance Corporation to a bridge institution, of eligible financial contracts to which a federal member institution is a party.
Part 17 amends the Bank Act and other related statutes to provide a framework enabling credit unions to incorporate and continue as banks. The model is based on the framework applicable to other federally regulated financial institutions, adjusted to give effect to cooperative principles and governance.
Part 18 authorizes the taking of a number of measures with respect to the reorganization and divestiture of all or any part of Atomic Energy of Canada Limited’s business.
Part 19 amends the National Energy Board Act in order to give the National Energy Board the power to create a participant funding program to facilitate the participation of the public in hearings that are held under section 24 of that Act. It also amends the Nuclear Safety and Control Act to give the Canadian Nuclear Safety Commission the power to create a participant funding program to facilitate the participation of the public in proceedings under that Act and the power to prescribe fees for that program.
Part 20 amends the Canadian Environmental Assessment Act to streamline certain process requirements for comprehensive studies, to give the Canadian Environmental Assessment Agency authority to conduct most comprehensive studies and to give the Minister of the Environment the power to establish the scope of any project in relation to which an environmental assessment is to be conducted. It also amends that Act to provide, in legislation rather than by regulations, that an environmental assessment is not required for certain federally funded infrastructure projects and repeals sunset clauses in the Regulations Amending the Exclusion List Regulations, 2007.
Part 21 amends the Canada Labour Code with respect to the appointment of appeals officers and the appeal hearing procedures.
Part 22 authorizes payments to be made out of the Consolidated Revenue Fund for various purposes.
Part 23 amends the Telecommunications Act to make a carrier that is not a Canadian-owned and controlled corporation eligible to operate as a telecommunications common carrier if it owns or operates certain transmission facilities.
Part 24 amends the Employment Insurance Act to establish an account in the accounts of Canada to be known as the Employment Insurance Operating Account and to close the Employment Insurance Account and remove it from the accounts of Canada. It also repeals sections 76 and 80 of that Act and makes consequential amendments in relation to the creation of the new Account. This Part also makes technical amendments to clarify provisions of the Budget Implementation Act, 2008 and the Canada Employment Insurance Financing Board Act that deal with the Canada Employment Insurance Financing Board.

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

June 8, 2010 Passed That the Bill be now read a third time and do pass.
June 7, 2010 Passed That Bill C-9, An Act to implement certain provisions of the budget tabled in Parliament on March 4, 2010 and other measures, be concurred in at report stage.
June 7, 2010 Failed That Bill C-9 be amended by deleting Clause 2137.
June 7, 2010 Failed That Bill C-9 be amended by deleting Clause 1885.
June 7, 2010 Failed That Bill C-9 be amended by deleting Clause 2185.
June 7, 2010 Failed That Bill C-9 be amended by deleting Clause 2152.
June 7, 2010 Failed That Bill C-9 be amended by deleting Clause 2149.
June 7, 2010 Failed That Bill C-9 be amended by deleting Clause 96.
June 3, 2010 Passed That, in relation to Bill C-9, An Act to implement certain provisions of the budget tabled in Parliament on March 4, 2010 and other measures, not more than one further sitting day shall be allotted to the consideration at report stage of the Bill and one sitting day shall be allotted to the consideration at third reading stage of the said Bill; and That, 15 minutes before the expiry of the time provided for Government Orders on the day allotted to the consideration at report stage and on the day allotted to the consideration at third reading stage of the said Bill, any proceedings before the House shall be interrupted, if required for the purpose of this Order, and in turn every question necessary for the disposal of the stage of the Bill then under consideration shall be put forthwith and successively without further debate or amendment.
April 19, 2010 Passed That the Bill be now read a second time and referred to the Standing Committee on Finance.

Jobs and Economic Growth ActGovernment Orders

April 15th, 2010 / 12:30 p.m.
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Liberal

Larry Bagnell Liberal Yukon, YT

Mr. Speaker, we had a national dream for a railway that joined the country from coast to coast. In this modern world, the national dream may be Internet and cellphone access for the entire country. That is why the Liberal leader mentioned how essential it was that rural and remote Canada be connected by the Internet. The member eloquently mentioned that. I can imagine the shock that community access sites must have felt when they received letters saying that their funding would be reduced.

Could the member continue on with his theme about the government's vision of electronic infrastructure in this modern world?

Jobs and Economic Growth ActGovernment Orders

April 15th, 2010 / 12:30 p.m.
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Bloc

Claude Guimond Bloc Rimouski-Neigette—Témiscouata—Les Basques, QC

Mr. Speaker, I thank my colleague for his question. I am pleased to see that he agrees with us regarding access to high-speed Internet service across the country.

In this day and age, Internet is a cutting edge way for people to communicate effectively with one another. The Internet also provides highly rural areas like mine the tools to develop and gain access to markets and advanced information. As we know, the Internet is a great source of all the latest information.

It is absolutely deplorable that the Conservative government fails to provide rural communities with enough money to have access to the Internet. It is also deplorable that it has yet to announce initiatives which are anxiously awaited, particularly in areas like mine, including the Conférence générale des éluEs du Bas Saint-Laurent, which involves eight RCMs and would allow almost every citizen and business to connect to high-speed Internet.

Jobs and Economic Growth ActGovernment Orders

April 15th, 2010 / 12:35 p.m.
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NDP

Peter Julian NDP Burnaby—New Westminster, BC

Mr. Speaker, as usual, I greatly appreciated the remarks by my colleague from Rimouski-Neigette—Témiscouata—Les Basques. He is always well prepared and he once again gave an excellent speech.

With Bill C-9, the Conservative government is attacking Canada Post. This bill, if passed, will weaken Canada Post's ability to provide services, particularly in rural areas like his.

First, I would like to know how worried my hon. colleague's constituents are about a possible reduction of Canada Post services.

Ma second question concerns softwood lumber. An additional tax has now been put on softwood lumber products from Quebec. Does the member think that the Bloc Québécois was wrong to support the softwood lumber agreement, in light of the additional taxes which are—

Jobs and Economic Growth ActGovernment Orders

April 15th, 2010 / 12:35 p.m.
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Conservative

The Deputy Speaker Conservative Andrew Scheer

I must stop the hon. member there to allow enough time for the hon. member for Rimouski-Neigette—Témiscouata—Les Basques to respond.

Jobs and Economic Growth ActGovernment Orders

April 15th, 2010 / 12:35 p.m.
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Bloc

Claude Guimond Bloc Rimouski-Neigette—Témiscouata—Les Basques, QC

Mr. Speaker, I thank the hon. member for his first question but, unfortunately, I do no think I have enough time to answer the second one.

The hon. member is absolutely right regarding Canada Post. It is very worrisome. In a predominantly rural riding like mine, it has been a constant concern for my constituents ever since I was elected, in 2008. There are 39 municipalities in my riding and each and everyone of them has sent me letters saying that people are very concerned about the Conservative government's desire to introduce bills that may weaken Canada Post.

Jobs and Economic Growth ActGovernment Orders

April 15th, 2010 / 12:35 p.m.
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NDP

Olivia Chow NDP Trinity—Spadina, ON

Mr. Speaker, I am pleased to have the opportunity today to join in the debate on Bill C-9, the budget implementation bill. We are in the House of Commons, Commons referring to commoners or ordinary Canadians in today's terms. We are called here to participate, debate and make decisions on behalf of ordinary Canadians.

This budget gives money to the people who have the most money and ordinary Canadians, especially those who have the least, the least amount of money. Remember a budget really is the soul of a government, so what are the priorities for the Conservative government? In my mind this budget makes the wrong choices. The budget chooses to hand out tax breaks to big corporations, but does little to help struggling Canadians make ends meet.

It is obvious who gets the most in the budget. It is the $6 billion in a corporate tax giveaway that is the highlight of the budget. We cannot afford those the tax cuts. We can not only afford them, it does nothing for our economy but pad the pockets of the big polluting oil companies. The tax cuts create very few jobs. They wind up in the wallets of the corporate executives after they increase their own bonuses. Do these millionaire executives really need a raise, courtesy of the taxpayers of Canada? I do not believe so. Who needs the raise? The 250,000 senior citizens who live in poverty.

A few weeks ago, at a pension forum in my riding of Trinity—Spadina, a woman called Vera told her story, among other seniors who told their stories. Her story stands out most in my mind. She is in her mid-eighties and is very dignified. She used to be the founder of the African Theatre Company of Canada located on Madison Avenue. During the seventies and eighties, she did a lot of good work creating culture and training many actors who are now in Hollywood. She gave up her nursing job in order to do that, but as an artist she does not have much of a pension. Now that she is retired, she finds herself in deep financial trouble.

After the meeting, she pulled me aside and told me that she did not know how she would pay her $200 hydro bill. A few months ago she could not pay the hydro bill and that was not the first time it had happened. We worked out her income. She gets less than $16,000 a year, combining her Canada pension plan, which is not much, the old age security and the tiny guaranteed income supplement. How will she pay her hydro bill? She has to make a decision whether to turn off her heat, or stop travelling, or pay the rent, or cut back on her food costs. That is not the way to treat our seniors.

As New Democrats, we have suggested to the Conservatives that instead of the big corporate tax cuts, why not take some of the funds, only $700 million, and invest them in the guaranteed income supplement. That would lift every senior in our country out of poverty. That is what we should be doing as Canadians, as participants, as members of Parliament in the House of Commons. That is the kind of decision we should make, but it is not in the budget.

What else can we do with that $6 billion? We could invest in children who are our future. Let us invest in high quality, affordable child care so parents can go to work knowing full well that their kids will be in good learning and care facilities in a loving environment, in stimulating child care centres. We know the OECD reports that of all the industrialized countries we rank last in our investment for children.

Part of the $6 billion, a small portion of it in fact starting with only $25 million, would create universal nutritious food and healthy snacks for our children. Whether they are in schools, community centres, child care centres, they could get a decent meal, a hot lunch perhaps, apples, milk or something nutritious.

Over the last two decades, our children are growing obese and becoming unhealthy. A girl who is 10 or 11 years old is now 11 pounds heavier than 20 years ago. For a boy, it is something like 15 pounds heavier than a few decades ago. What does that say to members of Parliament and government? We are not investing in our kids to ensure they are eating properly and combatting child poverty and child obesity. We could spend part of that $6 billion on our children.

We could also use part of the $6 billion to create and build a clean energy future. We could commit to providing dedicated funding for public transit, transferring 1¢ of the existing gas tax to municipalities to fund public transit, invest in transit expansion programs, like the exciting Toronto transit city projects that have six streetcar and LRT lines across the city. However, this budget does not designate funding to public transit.

Toronto taxpayers will have to shoulder the costs of new streetcars and light rails. Riders will continue to face excessive wait times for buses and streetcars and commuters will continue to waste time and energy idling their cars on clogged highways and roads. Transit is a backbone of our urban economies.

The government could have strengthened our economy and created green jobs by funding public transit. Instead it made the wrong choice.

The budget could also have continued and expanded the very popular eco-energy program so it covered even more buildings, homes, condominiums and even affordable housing. Those residents living in affordable housing need their buildings retrofitted so energy bills, like the ones that Vera has to pay, would not be as high. Right now they are using electric baseboard heat, which is expensive and it is also very energy inefficient.

A part of the $6 billion could have gone to help struggling students by lowering the tuition for post-secondary education. It could have helped graduate students to do volunteer work overseas, or participate in internship and apprenticeship programs by allowing them to delay their students loans while they were doing meaningful work overseas. Most of those are non-paying jobs or very poorly paid jobs.

We could have used part of the funds to hire more doctors, nurses or even nursing aids so more seniors could stay at home and receive better home care.

Part of the $6 billion could have paid a bit more in foreign aid. Right now we are only spending .033% of the GDP to foreign aid and that is nowhere near enough.

The budget could have plugged some of the leaks and closed the tax havens, whether it is in the Bahamas or in Belize. That could bring in more revenue for the government and it would provide funding for ordinary Canadians.

That is the kind of budget we should support. Instead the Conservative budget is making the wrong choices. That is why we are not supporting the bill.

Jobs and Economic Growth ActGovernment Orders

April 15th, 2010 / 12:45 p.m.
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Liberal

John Cannis Liberal Scarborough Centre, ON

Mr. Speaker, I listened very carefully to the member for Trinity—Spadina.

The member talked about specific things, for example, affordable child care, public transit, affordable housing and student financial support. I agree with her. However, I am not going to stand up and criticize the Conservative government. It has an agenda. That is what it does.

I want to ask this hon. member a very simple question. If, indeed, she believes in this stuff, then why did the NDP betray Canadians in 2005 when there was a deal for child care?

We had the program and the provinces signed on. There was money for public transit and the provinces signed on. There was money for affordable housing, $1.3 billion. There was money for students.

Today, if these groups do not have money, the NDP members should be ashamed of themselves because they betrayed Canadians. They were in cahoots with the new government and good for them, but I do not blame the government for what it is doing. It told us what it would do. The NDP just simply agreed.

If the member does not like these cuts, it is her party's doing. How is she going to answer to the voters who support her?

Jobs and Economic Growth ActGovernment Orders

April 15th, 2010 / 12:45 p.m.
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NDP

Olivia Chow NDP Trinity—Spadina, ON

Mr. Speaker, let us look at March 2010.

On March 10, 30 members of Parliament from the Liberal Party chose to walk out and not participate. As a result, this budget passed.

Recently, the Liberal leader said that he, too, supports stopping the corporate tax cuts. We welcome him to that club. The New Democrats have been saying that for a quite a long time. We welcome the Liberals who believe in what we have been proposing.

However, if that is the case, then will the Liberals not stand up within the next few days? The budget implementation bill is coming up for a vote. All MPs should show up in their seats, and stand up and vote with their conscience.

Instead, what we are going to see, just like on March 10 of this year, is that the Liberal Party of Canada is going to absent itself, even though it has said this budget makes the wrong choice, there are missed opportunities, and it does not believe in it. However, the Liberals are going to let this budget pass one more time, just like the last budget, just like the last bill.

I really lament this kind of behaviour.

Jobs and Economic Growth ActGovernment Orders

April 15th, 2010 / 12:50 p.m.
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NDP

Peter Julian NDP Burnaby—New Westminster, BC

Mr. Speaker, the member for Trinity—Spadina is one of the foremost advocates for equality in this House of Commons.

She knows, she is well aware, that what we have seen, dramatically, under the former Liberal government and the current Conservative government, is a push back on the kind of equality that Canadians want to see.

Income inequality in Canada is now at the same level, shamelessly, shockingly, as it was in the 1920s. Prior to the CCF and the NDP coming into being, pushing the big business parties, the Conservatives and the Liberals, into some measure of equality, we have now seen the Conservatives and the Liberals push back and push the middle class and poor Canadians to the point where there is more inequality than there has been in any other time since the 1920s. They have basically pushed us back a century.

I wanted to ask the member, since she represents Toronto and since the only part of the country where Liberals still get elected is really the city of Toronto, how people in Toronto, her constituents, react to the fact that the Liberals are once again propping up this tired old right-wing agenda, this time being brought from the Conservative Party rather than the Liberal Party?

How do her constituents react to this sellout and repudiation of basic Canadian values?

Jobs and Economic Growth ActGovernment Orders

April 15th, 2010 / 12:50 p.m.
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NDP

Olivia Chow NDP Trinity—Spadina, ON

Mr. Speaker, Toronto has a large number of new immigrants, for example. This budget is really missing the mark. New immigrants are not seeing any more funding in this budget. Family reunification still takes a huge amount of time. It takes 3, 5, 8, even 10 years to sponsor a parent from overseas. New immigrants are having a hard time finding a job that they trained for, and as a result there is a higher percentage living in poverty. We see that very much in Toronto. It is unfortunate that this budget does nothing for immigrants.

Jobs and Economic Growth ActGovernment Orders

April 15th, 2010 / 12:50 p.m.
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Bloc

Jean-Yves Laforest Bloc Saint-Maurice—Champlain, QC

Mr. Speaker, I am pleased to address this budget implementation bill. All Bloc Québécois members were opposed to the budget because they think it is a bad budget, particularly for Quebec.

The Conservative government had an opportunity to send a true message of support to Quebec, which is experiencing serious problems related to the last financial crisis, which is not over yet. That crisis began long before the financial crisis that has affected the other provinces. The decline of the forestry industry over the past number of years was the prelude to this crisis. Once again, the Conservative government did not include anything in its budget to correct this most unfortunate situation for Quebec.

In that budget, on the same page, the government agreed to give in excess of $10 billion to the automotive sector, which is primarily located in Ontario, while allocating a measly $170 million for the forestry industry in all of Canada.

It is completely bizarre and it is a slap in the face to Quebec. For that reason alone, it is absolutely inconceivable that Bloc Québécois members could come out in support of this bill. We had proposed several very specific and very concrete measures to eliminate the deficit and the debt in the long term.

This budget implementation bill confirms the desire of the Conservative government to protect rich taxpayers at all costs. One thing we had proposed was to impose a surtax on people earning over $150,000 and another on people earning over $250,000, but we found nothing like that in the budget, even though that could have brought in nearly $4 billion a year for the government’s coffers. The government has ignored those proposals, and, once again, has chosen instead to put all the problems on the shoulders of the middle class. As well, the banks and big corporations are still not being asked to pay their fair share in this budget.

This morning, I was reading in La Presse that the Minister of Finance in the Conservative government is even rejecting proposals made by other members of the G8 and the G20 to tax the profits of the big banks, which are in large part responsible for the financial crisis we have gone through and the effects of which we are still feeling. By refusing to make the ones that are responsible pay, we are automatically making the middle class and working people pay for the consequences of the mistakes they have already had to endure.

The measures set out in this bill clearly illustrate that desire, since corporations are not being asked to pay their fair share in order to increase government revenue. The Bloc Québécois submitted precise recommendations to the government and suggested options worth considering. The finance critic held consultations all over Quebec, with the entire population, in order to propose concrete measures, but the Conservative government did not accept them.

Once again, it has opted to protect the wealthiest, the banks and corporations, at the expense of working people and the middle class.

Tax loopholes are another major point. The government is engaging in double talk. On the one hand, we hear the Minister of Finance, or other ministers, saying that they make no sense. The Minister of National Revenue said that, for one. He said he wanted to tackle tax havens, but essentially, with the bill we have before us, he is opening loopholes in the Income Tax Act to allow corporations that are not registered in Canada to avoid paying their fair share of taxes.

There are a lot of examples like that one, where the Conservative government is engaging in double talk. It says it is acting in good faith, it says it wants to face the facts and try to get back all the taxes that should be paid in Canada, and yet on the other hand, it is putting in place measures that preserve the loopholes. We are hearing considerable discontent among the public on this issue. People are disillusioned. We know what is going on in the government of Quebec. It has been hit with a major credibility crisis.

At the same time, I think this affects the federal political class as well because the general public realizes that when the government tables a budget like this, it is not ordinary people who benefit. The public knows that, once again, the government did not take into account the people who pay their taxes every day. It simply carried on with measures to protect the rich. It protects people who are powerful and busy making their money grow. The public is fed up with hearing this and seeing these kinds of things perpetuated year after year. It still continues today.

We could point as well to the Telecommunications Act, which was amended to allow foreign companies, the owners or operators of certain transmission facilities, to function as telecommunications companies in Canada. This does not help our companies. They talk about helping companies. We are against the government doing too much for companies, but when they adopt measures like these to help foreign companies, it is doubly nonsensical. Once again, there is a double meaning. They say they want to help both companies and consumers. However, the companies already established in Quebec and Canada will have to pay for decisions like this.

We also saw in this budget and in Bill C-9, ensuring the implementation of the budget, that the government will not even shrink from looting the employment insurance fund. A kind of independent fund was created two years ago. I say a kind of fund advisedly because many people criticized it and said it was not large enough. At least the government made a start on an independent employment insurance fund. Now it will fall back to zero. All the fine principles used to justify its creation have been jettisoned and the government will not shrink now from pillaging it. It will fall back to zero and be replaced with an employment insurance operating account, which will start from zero.

When this fund was established two years ago, both businesses and big banks said it was a good idea to create a fund like this. However, it should have $15 billion in it instead of the $2 billion the government injected. Now the government is even coming to get these $2 billion. That money was there as insurance, in case of difficult years for employment. Now all is lost. The Conservative government and its Liberal predecessor pillaged a total of $57 billion from the employment insurance fund—money that belongs to employers and employees.

It is totally absurd. I have mentioned only a few examples which make it absolutely impossible and unacceptable for the Bloc Québécois to vote in favour of this bill.

Jobs and Economic Growth ActGovernment Orders

April 15th, 2010 / 1 p.m.
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Liberal

Larry Bagnell Liberal Yukon, YT

Madam Speaker, I appreciate the member's speech on a very technical area.

Just a few minutes ago, I got a question from a constituent, and I would like the member to give his view on it. The constituent said he is sick and tired of what he called the big cable and big telecom twins. He said it is time we had some real competition “up here” and opened up copper and fibre. He would appreciate it if I could support legislation that finally gets them some customer competition, and that means everyone getting access to copper and fibre and getting rid of the evil twins.

I am wondering if the member has suggestions on opening up competition, having better competition and therefore consumer rates in these areas.

Jobs and Economic Growth ActGovernment Orders

April 15th, 2010 / 1 p.m.
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Bloc

Jean-Yves Laforest Bloc Saint-Maurice—Champlain, QC

Madam Speaker, I could answer the member's question by referring to the whole issue of the initiative launched by the government in last year's budget introducing a program to extend high-speed Internet access to many remote areas of Quebec and Canada. This year, the Conservative government missed a great opportunity.

From what we have gathered so far from the answers we have been given, there was a demand totalling almost $1 billion, or $900 million, but only $75 million or $80 million a year was provided in the budget. This would have been a great opportunity to move these areas forward, help them and promote their economic and cultural development. Funding should have been provided to meet the demand. This way, everyone in Canada and Quebec could have been connected and could have developed very equitably. But once again, we can see that $10 billion was invested predominantly in Ontario regions for the automotive industry only, while all that was required to meet the needs across Canada and Quebec might have been $1 billion. That was not done, and that too is unacceptable.

Jobs and Economic Growth ActGovernment Orders

April 15th, 2010 / 1:05 p.m.
See context

NDP

Niki Ashton NDP Churchill, MB

Madam Speaker, I would like to ask my colleague a question about the budget and this government's agenda.

Does it concern him that this budget actually gives precedence to profitable Canadian industries like the oil industry or the banking industry, instead of giving precedence to the people, those Canadians who have suffered because of the recession job losses in other sectors, such as the forestry and manufacturing industries? The fact is that there is not really anything in this budget to help these Canadians in terms of all they need at this time.

Jobs and Economic Growth ActGovernment Orders

April 15th, 2010 / 1:05 p.m.
See context

Bloc

Jean-Yves Laforest Bloc Saint-Maurice—Champlain, QC

Madam Speaker, yes, absolutely. I understand my NDP colleague's question. In fact, this reminds me of the proposals the Bloc Québécois made to the Conservative government before it tabled the budget. We told the government that it was important to include measures for people who have just gone through this crisis, for communities and for businesses. We said it was important to support them. However, the Conservative government, ever ideology-oriented, continued focusing its efforts and assistance on the banking sector and the oil industry, which is one of the biggest polluters. It is completely ignoring people who have lost their jobs, who are having difficulty just getting by, and who are going through serious hard times.

As we know, in all single-industry environments, especially in the forestry industry, people are having a very hard time. Proposals have been made, such as eliminating the two-week waiting period for EI benefits. That would have helped. Everyone we meet tells us that when two people in the same family lose their jobs, the worst part is that there are no measures to help them during the first two weeks of unemployment. This is completely unacceptable and the Conservative government should have introduced such a measure.