Bill C-13 (Historical)

Keeping Canada's Economy and Jobs Growing Act

An Act to implement certain provisions of the 2011 budget as updated on June 6, 2011 and other measures

Part 1 of this enactment implements income tax measures and related measures proposed in the 2011 budget. Most notably, it
(a) introduces the family caregiver tax credit for caregivers of infirm dependent relatives;
(b) introduces the children’s arts tax credit of up to $500 per child of eligible fees associated with children’s artistic, cultural, recreational and developmental activities;
(c) introduces a volunteer firefighters tax credit to allow eligible volunteer firefighters to claim a 15% non-refundable tax credit based on an amount of $3,000;
(d) eliminates the rule that limits the number of claimants for the child tax credit to one per domestic establishment;
(e) removes the $10,000 limit on eligible expenses that can be claimed under the medical expense tax credit in respect of a dependent relative;
(f) increases the advance payment threshold for the Canada child tax benefit to $20 per month and for the GST/HST credit to $50 per quarter;
(g) aligns the notification requirements related to marital status changes for an individual who receives the Canada child tax benefit with the notification requirements for the GST/HST credit;
(h) reduces the minimum course-duration requirements for the tuition, education and textbook tax credits, and for educational assistance payments from registered education savings plans, that apply to students enrolled at foreign universities;
(i) allows the tuition tax credit to be claimed for eligible occupational, trade and professional examination fees;
(j) allows the reallocation of assets in registered education savings plans for siblings without incurring tax penalties;
(k) extends to the end of 2013 the temporary accelerated capital cost allowance treatment for investment in machinery and equipment in the manufacturing and processing sector;
(l) expands eligibility for the accelerated capital cost allowance for clean energy generation and conservation equipment;
(m) extends eligibility for the mineral exploration tax credit by one year to flow-through share agreements entered into before March 31, 2012;
(n) expands the eligibility rules for qualifying environmental trusts;
(o) amends the deduction rates for intangible capital costs in the oil sands sector;
(p) aligns the tax treatment to investments made under the Agri-Québec program with that of investments under AgriInvest;
(q) introduces rules to strengthen the tax regime for charitable donations;
(r) introduces anti-avoidance rules for registered retirement savings plans and registered retirement income funds;
(s) introduces rules to limit tax deferral opportunities for individual pension plans;
(t) introduces rules to limit tax deferral opportunities for corporations with significant interests in partnerships;
(u) extends the tax on split income to capital gains realized by a minor child; and
(v) extends the dividend stop-loss rules to dividends deemed to be received on the redemption of shares held by certain corporations.
Part 1 also implements other selected income tax measures and related measures. Most of these measures were referred to in the 2011 budget as previously announced measures. Most notably, it
(a) accommodates an increase in the annual contribution limit to the Saskatchewan Pension Plan and aligns its tax treatment with that of other tax-assisted retirement vehicles;
(b) clarifies that the “financially dependent” test applies for the purposes of provisions that permit rollovers of the assets of a deceased taxpayer’s registered retirement savings plan or registered retirement income fund to an infirm child or grandchild’s registered disability savings plan;
(c) ensures that the alternative minimum tax does not apply in respect of securities that are subject to the election under section 180.01 of the Income Tax Act;
(d) clarifies the rules applicable to the scholarship exemption for post-secondary scholarships, fellowships and bursaries; and
(e) amends the pension-to-registered retirement savings plan transfer limits in situations where the accrued pension amount was reduced due to the insolvency of the employer and underfunding of the employer’s registered pension plan.
Part 2 amends the Softwood Lumber Products Export Charge Act, 2006 to implement the softwood lumber ruling rendered by the London Court of International Arbitration on January 21, 2011.
Part 3 amends the Customs Tariff in order to simplify it and reduce the customs processing burden for Canadians by consolidating similar tariff items that have the same tariff rates and removing end-use provisions where appropriate. The amendments also simplify the structure of some provisions and remove obsolete provisions.
Part 4 amends the Customs Tariff to introduce new tariff items to facilitate the processing of low value non-commercial imports arriving by post or by courier.
Part 5 amends the Canada Education Savings Act to make the additional amount of a Canada Education Savings grant that is available under subsection 5(4) of that Act available to more than one of the beneficiary’s parents, if they share custody of the beneficiary, they are eligible individuals as defined in section 122.6 of the Income Tax Act and the beneficiary is a qualified dependant of each of them.
Part 6 amends the Children’s Special Allowances Act and a regulation made under that Act respecting payments relating to children under care.
Part 7 amends the Canada Student Financial Assistance Act to provide that the maximum aggregate amount of outstanding student loans is to be determined by regulation, to remove the power of the Minister of Human Resources and Skills Development to deny certificates of eligibility, and to change the limitation period for the Minister to take administrative measures. It also authorizes the Minister to forgive portions of family physicians’, nurses’ and nurse practitioners’ student loans if they begin to work in under-served rural or remote communities.
Part 7 also amends the Canada Student Loans Act to authorize the Minister to forgive portions of family physicians’, nurses’ and nurse practitioners’ guaranteed student loans if they begin to work in under-served rural or remote communities.
Part 8 amends Part IV of the Employment Insurance Act to provide a temporary measure to refund a portion of employer premiums for small business. An employer whose premiums were $10,000 or less in 2010 will be refunded the increase in 2011 premiums over those paid in 2010, to a maximum of $1,000.
Part 9 provides for payments to be made to provinces, territories, municipalities, First Nations and other entities for municipal infrastructure improvements.
Part 10 amends the Canadian Securities Regulation Regime Transition Office Act so that funding for the Canadian Securities Regulation Regime Transition Office may be fixed through an appropriation Act.
Part 11 amends the Wage Earner Protection Program Act to extend in certain circumstances the period during which wages earned by individuals but not paid to them by their employers who are bankrupt or subject to receivership may be the subject of a payment under that Act.
Part 12 amends the Canadian Human Rights Act to repeal certain provisions that provide for mandatory retirement. It also amends the Canada Labour Code to repeal a provision that denies employees the right to severance pay for involuntary termination if they are entitled to a pension. Finally, it amends the Conflict of Interest Act.
Part 13 amends the Judges Act to permit the appointment of two additional judges to the Nunavut Court of Justice.
Part 14 provides for the retroactive coming into force of section 9 of the Nordion and Theratronics Divestiture Authorization Act in order to ensure the validity of pension regulations made under that section.
Part 15 amends the Canada Pension Plan to include amounts received by an employee under an employer-funded disability plan in contributory salary and wages.
Part 16 amends the Jobs and Economic Growth Act to replace the reference to the Treasury Board Secretariat with a reference to the Chief Human Resources Officer in subsections 10(4) and 38.1(1) of the Public Servants Disclosure Protection Act.
Part 17 amends the Department of Veterans Affairs Act to include a definition of dependant and to provide express regulation-making authority for the provision of certain benefits in non-institutional locations.
Part 18 amends the Canada Elections Act to phase out quarterly allowances to registered parties.
Part 19 amends the Special Retirement Arrangements Act to permit the reservation of pension contributions from any benefit that is or becomes payable to a person. It also deems certain provisions of An Act to amend certain Acts in relation to pensions and to enact the Special Retirement Arrangements Act and the Pension Benefits Division Act to have come into force on December 14 or 15, 1994, as the case may be.
Part 20 amends the Motor Vehicle Safety Act to allow residents of Canada to temporarily import a rental vehicle from the United States for up to 30 days, or for any other prescribed period, for non-commercial use. It also authorizes the Governor in Council to make regulations respecting imported rental vehicles, as well as their importation into and removal from Canada, and makes other changes to the Act.
Part 21 amends the Federal-Provincial Fiscal Arrangements Act to clarify the legislative framework pertaining to payments under tax agreements entered into with provinces under Part III.1 of that Act.
Part 22 amends the Department of Human Resources and Skills Development Act to change the residency requirements of certain commissioners.

Keeping Canada's Economy and Jobs Growing Act

[Scott Brison, Liberal, Kings—Hants, NS]

Mr. Speaker, the hon. member has cited the small business hiring tax credit. Given that that tax credit is only worth about $165 million, and given that the Conservatives raised payroll taxes on small businesses by $600 million last January and plan to raise the payroll taxes for businesses by $1.2 billion this coming January, and given that the Canadian Federation of Independent Business is saying that these increases will cost jobs, will the member admit that these payroll tax hikes of almost $2 billion in fact will cost more jobs than the $165 million pittance of tax relief the Conservatives purport to offer small businesses?

[Wladyslaw Lizon, Conservative, Mississauga East—Cooksville, ON]

Mr. Speaker, the Toronto Board of Trade said:

—[it] welcomed new initiatives to spur small-business productivity and hiring, such as the Hiring Credit for Small Business. “SMEs are the engines of job growth”.... “Spurring productivity and employment growth among SMEs, as this Budget does, should help Canada's economic recovery”.

We presented this plan to Canadians during the last campaign and Canadians spoke very clearly on our plan.

[Hoang Mai, NDP, Brossard—La Prairie, QC]

Mr. Speaker, I thank the member from the other side for his speech. The government is saying that everything is good and that its economic action plan is working. But we still have 1.4 million people unemployed. If we include those who are underemployed or who have given up, we are talking about 2 million people. What is worse is that the youth unemployment rate has nearly doubled. Last summer, it reached 17.4%.

Could my colleague tell us why the government is saying that everything is good and that it will continue in the same direction?

[Wladyslaw Lizon, Conservative, Mississauga East—Cooksville, ON]

Mr. Speaker, our government has a strong record of responsibility to Canadians. It is evident that we must focus on the economy because still there are many Canadians out of work. That is why we need to implement the next phase of Canada's economic action plan to secure our economic recovery for all Canadians today and in the years ahead. That includes looking after those who are currently unemployed, giving tax credits to small businesses, giving them incentives that would increase employment and productivity, and to create the right environment for businesses to stay in Canada.

[Cathy McLeod, Conservative, Parliamentary Secretary to the Minister of National Revenue]

Mr. Speaker, I would like to thank my colleague for his very articulate words in support of moving this important bill forward. He talked about seven quarters of growth. The unemployment rate in 2008 was high, but it is much lower now, although it is still higher than we want it to be.

The opposition has said there is no plan, but we have a plan. Could the member talk about our plan in terms of moving the economy forward?

[Wladyslaw Lizon, Conservative, Mississauga East—Cooksville, ON]

Mr. Speaker, as I mentioned in my remarks, Bill C-13 is the plan that was presented to Canadians. Canadians spoke very clearly on May 2 and we know the results. We have the full support of Canadians on our plan. We have to make sure that we deliver what we promised to deliver. This government has a record of actually delivering on its promises.

[Scott Brison, Liberal, Kings—Hants, NS]

Mr. Speaker, I rise today to speak to Bill C-13, the government's second implementation bill for the 2011 budget.

My comments will generally focus on two themes: first, there has been a growth in unemployment under the Conservative government; and second, there has been a deliberate decision by the Conservatives to exclude low income Canadians from many of the measures of budget 2011.

The first point is the growth in the number of Canadians looking for work. The Conservatives have been patting themselves on the back about the job situation in Canada. However, the fact is that today the job situation is worse than it was when the Conservatives took office and it is worse than it was before the fall of 2008.

Today, Canada has over 525,000 fewer net full-time jobs than in August 2008. In August 2008, there were 14,631,300 Canadians who had full-time jobs. Today, that number is down to 14,106,100 Canadians who have full-time jobs. There are more than half a million fewer Canadians with good, full-time jobs today than in August 2008.

The Conservatives like to claim credit for creating jobs, but the fact is that all of the net new jobs created since the recession have been in part-time work. Today, there are more than 1.3 million Canadians who are unemployed and looking for work, and the number of jobless Canadians has been growing. Even when we factor in part-time work, there are over 310,000 more jobless Canadians today than before the downturn in October 2008.

Job growth in Canada has simply failed to keep up with population growth, so it is harder for people who are out of work to actually find a job today. This is the reality that is faced by Canadians across the country, including in my riding of Kings—Hants and the Annapolis Valley of Nova Scotia.

There is also a very uneven recovery, if any recovery, in Canada. If we look at provinces like Alberta and Saskatchewan, provinces that have the wealth of natural resources of oil, gas, potash and minerals, there is a very different economic story from that which exists in provinces like Ontario, Quebec and the maritime provinces.

The reality is that if there has been any recovery, it has been a very uneven recovery, and the macro numbers in terms of employment figures in Canada simply do not reflect the disparity within Canada, and the growing gap between haves and have nots, including have provinces and have not provinces.

The economic region of the Annapolis Valley in Nova Scotia is made up of Annapolis county, Kings county and Hants county. In this House of Commons it is represented by two members of Parliament, the member for West Nova, a Conservative MP, and myself.

This region is one of many across Canada that has not recovered from the last recession. We have seen massive layoffs at Fundy Gypsum, Eastern Protein, Maple Leaf Foods in Canard, and the Larsen's Plant. We have seen people who have worked at these companies, in some cases for 20 or 30 years or longer, who have watched their good full-time jobs disappear. Now they are struggling to make ends meet and put food on the table with part-time work, if they are actually able to find it.

In an area with a population of just under 100,000, the Annapolis Valley now has 5,800 fewer net jobs today than in August 2008. The unemployment rate in the Annapolis Valley of Nova Scotia has grown from 5% to 8% since the fall of 2008.

The number of people without jobs who are looking for work has grown by 1,700, and more than twice as many as that have simply stopped looking for work and have left the labour force completely.

The local population has declined by 600 people, as people give up and, in many cases, move away. The region is struggling to pay for local services with an aging population and a shrinking tax base.

This is not an isolated example. We can see this happening across large parts of Ontario and Quebec, across the Maritimes. The population we see in a lot of rural Canada is aging disproportionately. The proportion of people paying taxes is shrinking, while demand for government programs, health care, education and social assistance continues to grow.

There is a growing number of unemployed Canadians who are looking for work but have become discouraged under the Conservative government. They want their government to develop a real plan to create real jobs, but we see nothing, no imagination, no long-term thinking from the Conservatives.

In fact, the Conservatives are moving in the opposite direction. They are endangering Canadian jobs with their reckless increase in EI premiums.

In January, the Conservatives will hike EI premiums by 5.6% even though they know that payroll taxes like EI premiums are known job killers. This increase in January follows last January's increase by the Conservatives. The Canadian Federation of Independent Business estimates that the 2011 EI payroll tax increase will cost small businesses about $600 million and the 2012 increase will cost $1.2 billion. Are jobs created by increasing job killing payroll taxes? I do not think so.

The Conservatives claim that their small business hiring tax credit will create jobs. This is only a tax credit of $165 million when the Conservatives are actually increasing premiums by almost $2 billion. Most small businesses in Canada will not even qualify for the hiring credit for small businesses because they already pay too much in EI premiums. For the small businesses that do qualify, the Conservatives are giving with one hand and taking away with the other. They are treating the credit as business income and then they are taxing it.

The Conservatives hiring credit for small business is too small to make a significant impact on the economy. It will not even come close to matching the negative impact of the massive increase in EI premiums that they are imposing on Canadian employers. Only the Conservatives could claim that a tax credit that only increases EI premiums by over $1.6 billion instead of $1.8 billion is actually a measure to increase Canadian jobs.

The truth is that these EI premium increases will cost Canadian jobs at a time when unemployment numbers are up and our economy is teetering on the edge of recession. By refusing to act and present a real plan to create jobs, the Conservatives are failing the more than 1.3 million Canadians who are unemployed and looking for work.

The second issue that I want to comment on is the decision by the Conservatives to exclude low income Canadians from many of the benefits in budget 2011.

The Conservatives are deliberately excluding many low-income Canadian families from programs such as the family caregiver tax credit, the volunteer firefighters tax credit, and the children's art tax credit. The fact is if someone quits a job to take care of a sick family member at home, in a lot of cases that individual will not qualify for a dime under the family caregiver tax credit.

By making these benefits non-refundable, the Conservatives are excluding a lot of low-income families from receiving these benefits, so perversely, the families that need the help the most will not qualify for these boutique tax benefits because they do not have a high enough minimum income level to actually qualify, so, the person who quits a job to take care of a loved one at home, who is not making enough money, will not benefit from the Conservative family caregiver tax credit.

My riding has an aging population. Family members are taking a lot of their time away from work to help loved ones. In my own family, my sister, as an example, by day is a VON. She is taking a lot of time to help take care of my parents who are in their eighties and at home. A lot of these families do not make enough to qualify to benefit from the family caregiver tax credit. It is the same thing with the volunteer firefighters tax credit. In many cases rural Canadian volunteer firefighters in low-income families need the help to serve their communities.

It is fundamentally unfair for the Conservatives to not make these tax credits fully refundable in order to benefit all Canadian families, but particularly unfair to deny benefits to those low-income Canadian families who need the help the most.

[Brian Storseth, Conservative, Westlock—St. Paul, AB]

Mr. Speaker, as I listened to my colleague give his speech, I noted that he made a couple of comments that I found to be somewhat inaccurate. He said that of the 650,000 total employment positions that have been created under this government since July 2009, none were full-time positions, when in fact over 90% of them were full-time positions. He talked about job increases. In September alone there were over 60,000 new job increases where the unemployment rate declined.

One thing I have learned in this place is that when we want to have a fulsome debate, it helps if both sides use the real numbers. I just wonder where this member is getting his numbers from. Perhaps he could cite his sources for us.

[Scott Brison, Liberal, Kings—Hants, NS]

Mr. Speaker, I would ask the hon. member to look at the data collected by Statistics Canada, that organization that the Conservatives regularly try to attack, try to de-fund, and hope to de-legitimize at the same time. Statistics Canada figures are very clear that today Canada has over 525,000 fewer net full-time jobs than in August 2008. The math is pretty simple. In August 2008 there were 14,631,300 Canadians who had a full-time job. Today that number is down to 14,106,100 full-time jobs and unemployment rates are higher today than they were in the fall of 2008, so it is pretty clear.

The Statistics Canada figures are there. The Conservatives do not like to listen to data and evidence. They prefer to govern by ideology than by evidence, but the figures are there.

[Wayne Marston, NDP, Hamilton East—Stoney Creek, ON]

Mr. Speaker, I wanted to say in response to the member who has just spoken, when identifying the number of people who are on unemployment, that one of the things that is often missing is those people who have given up on looking for a job. We talk about an unemployment rate of about 7.3% but the real number is closer to 11% when we take into account the people who are not counted. I think the member, being from the east coast of Canada, is very aware of that hidden number of people because in places like the Maritimes, where there is part-time or seasonal work, there is a huge number of them.

[Scott Brison, Liberal, Kings—Hants, NS]

Mr. Speaker, I know the hon. member has spent some time in the Maritimes and Moncton, and represents a riding in Hamilton. If we really look at the macro numbers for Canada, they do not reflect the disparity between regions in the country and this is a very strange kind of recovery. In fact, it is part of a global economic restructuring. There is a gap between rich and poor and have and have not, and those with opportunities and those without. That is felt in Canada.

If we look at what is happening in resource-and commodity-rich provinces and compare the unemployment figures to those that do not have the same commodity wealth in Canada, it is really troubling. As a recovery is driven by commodities, it drives up the Canadian dollar because we have a commodity dollar and it crowds out a lot of jobs in manufacturing and good high -paying jobs in the traditional economic heartland of Ontario, as an example.

This is a really challenging time for many Canadian families, so I think all members of the House and all parties must realize that many Canadians are having trouble just getting by right now.

[Joyce Murray, Liberal, Vancouver Quadra, BC]

Mr. Speaker, to my colleague from Kings—Hants, I recently completed a rural economy tour in southeastern British Columbia and I heard from small business and tourism owners some of the challenges they face and the fact that the federal government is missing in action in the partnership the business owners need with the local, provincial and federal governments. They talk about the reduction in tourism marketing, and the absence of skills and apprenticeship programs that help them access the people they need.

I wanted to hear from the member whether anything at all in the large corporate tax breaks or in the EI tax premiums and so on helps to address those issues that the owners of small businesses and tourism businesses face.

[Scott Brison, Liberal, Kings—Hants, NS]

Mr. Speaker, what I hear from small businesses in my riding is that the they are struggling. I had the owner of a restaurant in Windsor, Nova Scotia say to me recently that this person is having the worst year in 20-some years of operation because when the local gypsum company closed down its operations and people were laid off, they did not have the money to go out and buy lunch or dinner with their families.

There is a lot more the government could be doing to create opportunities within the small business community and that hon. member has been a leader in small business as an entrepreneur herself and has brought to this House that experience, and has some great ideas on how to create growth. What we need is a government that listens to members of Parliament, regardless of their party, who have legitimate ideas on how to create growth and opportunity for Canadian individuals and small businesses.

[Kelly Block, Conservative, Saskatoon—Rosetown—Biggar, SK]

Mr. Speaker, on May 2 Canadians made a clear choice. They voted to keep the economy on track to recovery, and they voted to create jobs for both themselves and their children.

It has been the priority of our Conservative government to secure Canada's economic recovery, encourage growth, and create jobs through Canada's economic action plan. We are into its next phase, and it is clear that this is a plan that is working, a plan that is responding powerfully to an extraordinary challenge. Since its inception, we have cut taxes, opened new markets for businesses, and created approximately 650,000 net new jobs. For the fourth year in a row, Canada's financial system has been ranked the soundest system in the world by the World Economic Forum.

However, we cannot ignore the reality that yet we find many Canadians are still looking for work and the global recovery remains fragile.

The introduction of keeping Canada's economy and jobs growing act is paramount and includes key elements of the next phase of Canada's economic action plan. We know, as I said, this is a plan that is working, so we must move this legislation forward with perseverance and intention.

I am proud and incredibly honoured to once again be representing the constituents of Saskatoon—Rosetown—Biggar. I know that this legislation, which continues to deliver on our promise of a low-tax plan for jobs and growth, will be well received by many residents in my riding.

Saskatoon—Rosetown—Biggar is a diverse riding. It is home to a broad range of demographics: farmers, tradespeople, business owners, artists, students, aboriginals, immigrants, new Canadians and people of every age. It draws on several economic bases, including agriculture, manufacturing, mining and the service industry.

Though there is diversity in the population, we can all agree that there are basic fundamentals every community requires in order to thrive: families need an adequate source of income; individuals need access to education and training; communities need stability and support to provide long-term sustainable infrastructure.

This is what our Conservative government is delivering on. By introducing measures such as the small business hiring tax credit in the keeping Canada's economy and jobs growing act, we are helping the private sector take back their rightful place as the primary source of new jobs.

This week is Small Business Week. It is important that we acknowledge the hard work and dedication of our small business owners. Small businesses employ millions of Canadians and are significant drivers of our economy. Given the fragile state of the global economy, the contributions of small businesses are more important than ever.

That is why we are committed to assisting small business expansion by lessening the costs of hiring. Consequently, we are helping unemployed workers and people new to the job market get the jobs they need and empower them to realize their dreams.

As I mentioned, we are also doing our part to strengthen families and ease the family budget. By introducing initiatives such as the family caregiver tax credit and the children's arts tax credit, we are helping to alleviate the cost of caring for loved ones and ensuring that kids are given the opportunity to thrive creatively in art, music or drama.

We are interested in creating a legacy for our children and ensuring a sustainable future for Canada. By improving financial assistance for students and making it easier to allocate registered education savings plan assets among siblings, we are enabling greater access to higher education.

I would also like to remind my colleagues that we have kept our commitment to ensure that Canada's seniors, who have worked hard to build our country, have a secure retirement and a good quality of life. That is why we introduced, earlier this year, the measure to enhance the guaranteed income supplement for those seniors who rely almost exclusively on their old age security and GIS. This is yet another example of our government keeping its promises.

In Saskatchewan we are blessed to have one of the lowest unemployment rates and highest growth rates in Canada. All of these measures that I have mentioned will help ensure that our economy continues to thrive and that the most vulnerable are not left behind.

As I have already mentioned, I represent a diverse riding that is both rural and urban. Access to doctors is an issue in rural and remote areas across the country; that is why we are delivering for Canadians by offering an incentive for new doctors and nurses to practise in those rural and remote areas. By offering student loan forgiveness to doctors and nurses who practise in rural and remote areas, we will ensure that families living in those communities receive the same high level of acceptable quality health care, no matter where they choose to live.

Similarly, many small urban and rural communities rely on volunteer firefighters to protect their lives and property. To encourage these volunteers and recognize the important service they provide to our communities, we will be providing a volunteer firefighters tax credit to those who perform at least 200 hours of service in their communities. This is something that has been asked for. It is a promise we have made, and now it will be a promise kept.

Canadians are a responsible, practical people, and they expect the same from their government. That is why we cannot continue with deficits indefinitely, as the opposition is calling for through a new round of stimulus spending.

This Conservative government made a promise to Canadians that we would eliminate the deficit. We will cut the deficit through restrained spending and through a targeted review of our programs. Through a combination of attrition in our public service and by targeting programs that were created to solve the problems of decades past and have long since outlived their usefulness, we will ensure value for tax dollars and continue towards our goal of returning Canada to balanced budgets in the 2014-15 fiscal year.

We also promised Canadians that we would eliminate the per-vote subsidy that forces taxpayers to give money to political parties. Regardless of what opposition parties might think, most Canadians believe that political parties are not entitled to tax dollars via a direct per-vote subsidy. Eliminating the subsidy will save Canadians millions upon millions of tax dollars every year.

In summary, we have been listening to Canadians. We promised to deliver on the priorities of Canadian families and to support communities. We promised to deliver jobs and economic growth. We promised to invest in education and respect the taxpayer.

Canadians have spoken, and we have listened. Now it is time to do our part. I hope that all parties will work collaboratively to respond to Canadians and the expectations and needs that they have expressed. I encourage all members in the House to support the keeping Canada's economy and jobs growing act. A vote to pass the bill is a vote in support of all Canadians.

[Hoang Mai, NDP, Brossard—La Prairie, QC]

Mr. Speaker, I thank the member for her speech.

She spoke about the importance of small businesses, as it is Small Business Week, and she said that there were measures for small businesses in this budget. If we really analyze these measures, we can see that they are not enough, in my opinion. There are tax credits that are available only to some businesses. Instead, we propose lowering the tax rate for small businesses.

Could my colleague confirm that the best way to help all businesses is to lower the tax rate?