Supporting Vulnerable Seniors and Strengthening Canada's Economy Act

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

This bill is from the 41st Parliament, 1st session, which ended in September 2013.

Sponsor

Jim Flaherty  Conservative

Status

This bill has received Royal Assent and is now law.

Summary

This is from the published bill.

Part 1 of this enactment implements income tax measures and related measures proposed in the 2011 budget, and income tax measures referred to in that budget that were previously announced. In particular, it
(a) amends the Income Tax Act and related legislation to allow beneficiaries of Registered Disability Savings Plans who have shortened life expectancies to withdraw more of their plan savings by permitting annual withdrawals without triggering the 10-year repayment rule, subject to specified limits and certain conditions; and
(b) amends the Income Tax Act to ensure that individuals have the legal authority in all circumstances to appeal a determination concerning their eligibility for the disability tax credit.
Part 2 amends the Excise Tax Act to introduce a 100% rebate of the goods and services tax and the harmonized sales tax paid by the Royal Canadian Legion on acquisitions of Remembrance Day poppies and wreaths. Part 2 also amends the Excise Act, 2001 and the Excise Tax Act to allow the sharing of information obtained under these statutes with countries or jurisdictions with which Canada has entered into a tax information exchange agreement.
Part 3 amends the Old Age Security Act to allow an amount to be added to the amount of benefits payable to certain low-income beneficiaries.
Part 4 authorizes payments to be made out of the Consolidated Revenue Fund for various purposes.
Part 5 amends the Auditor General Act to repeal a provision that provides for mandatory retirement.
Part 6 amends the Canada Student Financial Assistance Act to change the rules concerning interest paid by part-time students.
Part 7 enacts the Protection of Residential Mortgage or Hypothecary Insurance Act, which is designed to support the efficient functioning of the housing finance market and the stability of the financial system in Canada by authorizing the Minister of Finance to provide protection in respect of certain mortgage or hypothecary insurance contracts. It also makes consequential amendments to the National Housing Act and the Office of the Superintendent of Financial Institutions Act and repeals Part 9 of the Budget Implementation Act, 2006.
Part 8 amends the Federal-Provincial Fiscal Arrangements Act to authorize additional payments to certain provinces in respect of major transfers.
Part 9 amends the Insurance Companies Act to prohibit a federal mutual company from distributing its property or other benefits to policyholders and shareholders, until the Minister of Finance has approved a conversion proposal made in accordance with the regulations.
Part 10 amends the Assessment of Financial Institutions Regulations, 2001 to modify the assessment of financial institutions and validates amounts assessed after May 31, 2001.
Part 11 amends the Financial Administration Act to permit departments to enter into agreements respecting the provision of internal support services. It also authorizes the transfer of money when a power, duty or function or the control or supervision of a portion of the federal public administration, is transferred under section 2 or 3 of the Public Service Rearrangement and Transfer of Duties Act.
Part 12 amends the Canada Shipping Act, 2001 to allow the Governor in Council to make regulations exempting vessels, and authorizing the Minister of Transport to temporarily exempt vessels, from the registration requirements in Part 2 of that Act. This Part also amends the Act to allow for the registration of a group of vessels as a fleet in the small vessel register, under a single certificate of registry and single official number.

Elsewhere

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

Bill numbers are reused for different bills each new session. Perhaps you were looking for one of these other C-3s:

C-3 (2021) Law An Act to amend the Criminal Code and the Canada Labour Code
C-3 (2020) Law An Act to amend the Judges Act and the Criminal Code
C-3 (2020) An Act to amend the Royal Canadian Mounted Police Act and the Canada Border Services Agency Act and to make consequential amendments to other Acts
C-3 (2015) Law Appropriation Act No. 4, 2015-16

Votes

June 21, 2011 Passed That the Bill be now read a third time and do pass.
June 21, 2011 Passed That Bill C-3, An Act to implement certain provisions of the 2011 budget as updated on June 6, 2011, {as amended}, be concurred in at report stage [with a further amendment/with further amendments] .
June 21, 2011 Failed That Bill C-3 be amended by deleting Clause 20.
June 15, 2011 Passed That the Bill be now read a second time and referred to the Standing Committee on Finance.

Supporting Vulnerable Seniors and Strengthening Canada's Economy ActGovernment Orders

June 15th, 2011 / 6:20 p.m.

Liberal

Kevin Lamoureux Liberal Winnipeg North, MB

Mr. Speaker, my question for the minister is in regard to the home retrofit program, a program that is supposed to be assisting many thousands of Canadians, and no doubt this year it will. The qualifier there is that it is for this year.

Ultimately, many would argue that a multi-year program of this nature would have been far better in terms of job creation. He talked in his speech about the importance of the creation of jobs, particularly when we look at small business. By having a multi-year program that looks at retrofitting homes, there would have been more of a commitment to those long-term jobs with many of those small businesses.

Why would it not have been a multi-year program?

Supporting Vulnerable Seniors and Strengthening Canada's Economy ActGovernment Orders

June 15th, 2011 / 6:20 p.m.

Conservative

Jeff Watson Conservative Essex, ON

Mr. Speaker, I thank the member for a promotion I guess I did not know I had earned. Perhaps he could tell the Prime Minister and put in a good word for me.

All kidding aside, I wish the hon. member had been here much earlier in the 40th Parliament when previous budgets were presented. The eco-energy retrofit for homes was a multi-year program. Had the member been part of the Liberal Party at that time, he would have opposed it like the rest of his colleagues did.

This is just simply an additional year on what was a multi-year program, a very successful one I might add. Thank God it is back to provide some more jobs this year.

Supporting Vulnerable Seniors and Strengthening Canada's Economy ActGovernment Orders

June 15th, 2011 / 6:20 p.m.

Kenora Ontario

Conservative

Greg Rickford ConservativeParliamentary Secretary to the Minister of Aboriginal Affairs and Northern Development

Mr. Speaker, I just want to say how pleased I was to hear from the member for Essex. He has been a real champion, particularly for probably one of the largest infrastructure programs that this government has and any in recent memory will endeavour.

I want to warn him that, if his NDP neighbours are anything like the ones up in northwestern Ontario, they will vote against it but they will also take credit for it. I just want to let him know in advance that this is something that goes on all the time.

The member in his great speech alluded to the 12,000 jobs that the project itself will contribute to the economy. I just wondered if he could talk about the economic advantages beyond the 12,000 jobs that we will see just to set up this infrastructure and how disappointing it will be for the people from the ridings represented by members of the NDP when they vote against this.

Supporting Vulnerable Seniors and Strengthening Canada's Economy ActGovernment Orders

June 15th, 2011 / 6:20 p.m.

Conservative

Jeff Watson Conservative Essex, ON

Mr. Speaker, we just came through an election campaign where the NDP opponents were taking full credit in their literature for having secured 100% of the funding. What is funny is that one cannot secure the funding if one actually votes against the funding. That is a bit of a curious oddity.

It is a huge project, not just for the immediate jobs but, ultimately, end to end, from the 401 to the I-75 in Michigan. A multi-billion dollar project. Even if a fraction of that goes into the economy as additional stimulus over the next five to seven years of construction, it will be a huge boom to Windsor Essex county. Of course, by having a redundant crossing, it secures our bilateral trade relationship with the United States and, on our side of the border, puts us in a position to secure long-term business investments worth millions and millions of dollars. New companies will start up because they have predictability at the corridor.

Supporting Vulnerable Seniors and Strengthening Canada's Economy ActGovernment Orders

June 15th, 2011 / 6:20 p.m.

The Acting Speaker Bruce Stanton

Before I call upon the hon. member, I wish to inform him that I will be interrupting his speech at 6:30 p.m., for that is when the time allowed for this debate will expire.

The hon. member for Richmond—Arthabaska.

Supporting Vulnerable Seniors and Strengthening Canada's Economy ActGovernment Orders

June 15th, 2011 / 6:20 p.m.

Bloc

André Bellavance Bloc Richmond—Arthabaska, QC

Mr. Speaker, I thank the hon. member for Essex for agreeing to share his time with me. I am pleased to rise on behalf of the Bloc Québécois to speak to Bill C-3, An Act to implement certain provisions of the 2011 budget as updated on June 6, 2011, introduced on June 14. The bill consists of 12 parts, one of which is very attractive for Quebec. I am talking about part 8, which directly concerns Quebec and its government, since it provides a payment of $368.9 million for equalization.

That is just one more reason for me and my Bloc Québécois colleagues to support this budget, especially since it already provides $2.2 billion in compensation for our sales tax harmonization. Of course, we could not pass that up. I have been a member in this House for seven years now, and this will probably be the third time I have voted in favour of a budget. Every time, the only reason I voted for it was because it was in the best interests of Quebeckers. The people of Quebec have sent us to the House of Commons to represent their interests, to stand up for them. When budget 2006 provided $3.3 billion in 2006 for the fiscal imbalance, voting against it was out of the question. For the same reason, we will support this budget here today.

With any budget, we must be careful. The government will always say that its budget is perfect, that all of the measures are wonderful and that there are no shortcomings, while the opposition will find everything that is wrong with it, criticize the measures and always say that it does not go far enough. In the House, we must take stock and weigh the pros and cons of a budget before voting. In this case, there are a number of shortcomings in the budget, and I will perhaps have time to list a few of them. However, in weighing the pros and cons, members from Quebec cannot, in good conscience, vote against a budget like this. Members will recall the long battle waged by the Bloc Québécois and the Government of Quebec regarding the $2.2 billion for tax harmonization.

The Government of Quebec harmonized its sales tax with that of the federal government in 1992. However, only Ontario, the Maritimes and British Columbia received several billion dollars in compensation, while Quebec was left waiting, supposedly for administrative reasons. I am wondering why the federal government did not act before now, particularly since this measure was in the budget before the election was called; the Bloc Québécois would have immediately supported the budget. The Conservative government, a minority government at that time, would then have been assured that it would keep its place. We likely would not have had an election, as we unfortunately did over these past few months. Everyone was saying that an election costs a lot of money and that it was the fault of the opposition. The Conservative government had the opportunity to prevent an election. We can look back and replay the past but it does not do much good.

As a result of pressure from the Bloc Québécois and the Government of Quebec, an announcement was made during the election campaign that $2.2 billion in compensation would be allocated in the budget. I am not the type to be content with the answer that the cheque is in the mail. We therefore waited to see whether that money would be in the budget, in black and white. It is, and we are very happy about it.

However, like the hon. member for Essex, I question the reaction of the NDP MPs from Quebec who have decided to ignore the measure giving Quebec $2.2 billion in compensation. This measure will help not only the Government of Quebec, but all Quebeckers. The NDP MPs have decided not to support the budget. They will have to answer for their actions and explain to their constituents why they disregarded this measure by voting against the budget.

The hon. member mentioned some examples from his own region, where the MPs also decided not to support the budget. It is an entirely democratic choice, but I was rather shocked to see that many of the NDP MPs from Quebec decided to reject this measure.

There are other interesting measures, including some for seniors, namely $300 million to help seniors living in poverty. The measure having to do with the guaranteed income supplement is a step in the right direction.

That is another lengthy battle we waged in the House. The Bloc Québécois moved a number of motions to improve the guaranteed income supplement. The math is not hard: another $110 a month is needed to lift the least fortunate out of poverty. It is not going to make them rich. Now there is talk of $50 a month; the necessary amount has not been reached, but I have to say that at least this is a step in the right direction for the least fortunate seniors.

As the member for Richmond—Arthabaska, this also makes me want to vote in favour of the budget. That is not to say that the battle is over, that we can sit back and finally say that the guaranteed income supplement issue has been resolved. It is not resolved, especially since there is a shortfall of $60 a month and we also want—

Supporting Vulnerable Seniors and Strengthening Canada's Economy ActGovernment Orders

June 15th, 2011 / 6:30 p.m.

The Acting Speaker Bruce Stanton

Order, please. It being 6:30 p.m., pursuant to an order made earlier today, it is my duty to interrupt the proceedings and put forthwith every question necessary to dispose of the second reading stage of the bill now before the House.

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

Supporting Vulnerable Seniors and Strengthening Canada's Economy ActGovernment Orders

June 15th, 2011 / 6:30 p.m.

Some hon. members

Agreed.

No.

Supporting Vulnerable Seniors and Strengthening Canada's Economy ActGovernment Orders

June 15th, 2011 / 6:30 p.m.

The Acting Speaker Bruce Stanton

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

Supporting Vulnerable Seniors and Strengthening Canada's Economy ActGovernment Orders

June 15th, 2011 / 6:30 p.m.

Some hon. members

Yea.

Supporting Vulnerable Seniors and Strengthening Canada's Economy ActGovernment Orders

June 15th, 2011 / 6:30 p.m.

The Acting Speaker Bruce Stanton

All those opposed will please say nay.

Supporting Vulnerable Seniors and Strengthening Canada's Economy ActGovernment Orders

June 15th, 2011 / 6:30 p.m.

Some hon. members

Nay.

Supporting Vulnerable Seniors and Strengthening Canada's Economy ActGovernment Orders

June 15th, 2011 / 6:30 p.m.

The Acting Speaker Bruce Stanton

In my opinion the yeas have it.

And five or more members having risen:

Call in the members.

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

Vote #7

Supporting Vulnerable Seniors and Strengthening Canada's Economy ActGovernment Orders

June 15th, 2011 / 6:55 p.m.

The Speaker Andrew Scheer

I declare the motion carried. Accordingly, the bill stands referred to the Standing Committee on Finance.

(Motion agreed to, bill read the second time and referred to a committee)