Economic Action Plan 2013 Act, No. 1

An Act to implement certain provisions of the budget tabled in Parliament on March 21, 2013 and other measures

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. The Library of Parliament has also written a full legislative summary of the bill.

Part 1 implements certain income tax measures proposed in the March 21, 2013 budget. Most notably, it
(a) allows certain adoption-related expenses incurred before a child’s adoption file is opened to be eligible for the Adoption Expense Tax Credit;
(b) introduces an additional credit for first-time claimants of the Charitable Donations Tax Credit;
(c) makes expenses for the use of safety deposit boxes non-deductible;
(d) adjusts the Dividend Tax Credit and gross-up factor applicable in respect of dividends other than eligible dividends;
(e) allows collection action for 50% of taxes, interest and penalties in dispute in respect of a tax shelter that involves a charitable donation;
(f) extends, for one year, the Mineral Exploration Tax Credit for flow-through share investors;
(g) extends, for two years, the temporary accelerated capital cost allowance for eligible manufacturing and processing machinery and equipment;
(h) clarifies that the income tax reserve for future services is not available in respect of reclamation obligations;
(i) phases out the additional deduction available to credit unions over five years;
(j) amends rules regarding the judicial authorization process for imposing a requirement on a third party to provide information or documents related to an unnamed person or persons; and
(k) repeals the rules relating to international banking centres.
Part 1 also implements other income tax measures and tax-related measures. Most notably, it
(a) amends rules relating to caseload management of the Tax Court of Canada;
(b) streamlines the process for approving tax relief for Canadian Forces members and police officers;
(c) addresses a technical issue in relation to the temporary measure that allows certain family members to open a Registered Disability Savings Plan for an adult individual who might not be able to enter into a contract; and
(d) simplifies the determination of the Canadian-source income of non-resident pilots employed by Canadian airlines.
Part 2 implements certain goods and services tax and harmonized sales tax (GST/HST) measures proposed in the March 21, 2013 budget by
(a) reducing the compliance burden for employers under the GST/HST pension plan rules;
(b) providing the Minister of National Revenue the authority to withhold GST/HST refunds claimed by a business where the business has failed to provide certain GST/HST registration information;
(c) expanding the GST/HST exemption for publicly funded homemaker services to include personal care services provided to individuals who require such assistance at home;
(d) clarifying that reports, examinations and other services that are supplied for a non-health-care-related purpose do not qualify for the GST/HST exemption for basic health care services; and
(e) ending the current GST/HST point-of-sale relief for the Governor General.
Part 2 also amends the Excise Tax Act and Excise Act, 2001 to modify the rules regarding the judicial authorization process for imposing a requirement on a third party to provide information or documents related to an unnamed person or persons.
In addition, Part 2 amends the Excise Act, 2001 to ensure that the excise duty rate applicable to manufactured tobacco other than cigarettes and tobacco sticks is consistent with that applicable to other tobacco products.
Part 3 implements various measures, including by enacting and amending several Acts.
Division 1 of Part 3 amends the Customs Tariff to extend for ten years, until December 31, 2024, provisions relating to Canada’s preferential tariff treatments for developing and least-developed countries. Also, Division 1 reduces the rate of duty under tariff treatments in respect of a number of items relating to baby clothing and certain sports and athletic equipment imported into Canada on or after April 1, 2013.
Division 2 of Part 3 amends the Trust and Loan Companies Act, the Bank Act, the Insurance Companies Act and the Cooperative Credit Associations Act to remove some residency requirements to provide flexibility for financial institutions to efficiently structure the committees of their boards of directors.
Division 3 of Part 3 amends the Federal-Provincial Fiscal Arrangements Act to renew the equalization and territorial formula financing programs until March 31, 2019 and to implement total transfer protection for the 2013-2014 fiscal year. That Act is also amended to clarify the time of calculation of the growth rate of the Canada Health Transfer for each fiscal year beginning after March 31, 2017.
Division 4 of Part 3 authorizes payments to be made out of the Consolidated Revenue Fund to certain entities or for certain purposes.
Division 5 of Part 3 amends the Canadian Securities Regulation Regime Transition Office Act to remove the statutory dissolution date of the Canadian Securities Regulation Regime Transition Office and to provide authority for the Governor in Council, on the Minister of Finance’s recommendation, to set another date for the dissolution of that Office.
Division 6 of Part 3 amends the Investment Canada Act to clarify how proposed investments in Canada by foreign state-owned enterprises and WTO investors will be assessed and to allow for the extension, when necessary, of timelines associated with national security reviews.
Division 7 of Part 3 amends the Canada Pension Plan to ensure that the Canada Revenue Agency can accurately identify, calculate and refund overpayments made to the Canada Pension Plan and the Quebec Pension Plan in a particular year by contributors who live outside Quebec.
Division 8 of Part 3 amends the Pension Act and the War Veterans Allowance Act to ensure that veterans’ disability benefits are no longer deducted when calculating war veterans allowance.
Division 9 of Part 3 amends the Immigration and Refugee Protection Act to authorize the revocation of temporary foreign worker permits, the revocation and suspension of opinions provided by the Department of Human Resources and Skills Development with respect to an application for a work permit and the refusal to process requests for such opinions. It authorizes fees to be paid for rights and privileges conferred by means of a work permit and exempts, from the application of the User Fees Act, those fees as well as fees for the provision of services in relation to the processing of applications for a temporary resident visa, work permit, study permit or extension of an authorization to remain in Canada as a temporary resident or in relation to requests for an opinion with respect to an application for a work permit.
It also provides that decisions made by the Refugee Protection Division under the Immigration and Refugee Protection Act in respect of claims for refugee protection that were referred to that Division during a specified period are not subject to appeal to the Refugee Appeal Division if they take effect after a certain date.
Division 10 of Part 3 amends the Citizenship Act to expand the Governor in Council’s authority to make regulations respecting fees for services provided in the administration of that Act and cases in which those fees may be waived. It also exempts, from the application of the User Fees Act, fees for services provided in the administration of the Citizenship Act.
Division 11 of Part 3 amends the Nuclear Safety and Control Act to authorize the Canadian Nuclear Safety Commission to spend for its purposes the revenue it receives from the fees it charges for licences.
Division 12 of Part 3 enacts the Department of Foreign Affairs, Trade and Development Act, sets out the powers, duties and functions of the Minister of Foreign Affairs, the Minister for International Trade and the Minister for International Development and provides for the amalgamation of the Department of Foreign Affairs and International Trade and the Canadian International Development Agency.
Division 13 of Part 3 authorizes the taking of measures with respect to the reorganization and divestiture of all or any part of Ridley Terminals Inc.
Division 14 of Part 3 amends the National Capital Act and the Department of Canadian Heritage Act to transfer certain powers, duties and functions to the Minister of Canadian Heritage from the National Capital Commission. It also makes consequential amendments to the National Holocaust Monument Act to change the Minister responsible for the construction of the monument to the Minister of Canadian Heritage from the Minister responsible for the National Capital Act.
Division 15 of Part 3 amends the Salaries Act to add ministerial positions for regional development responsibilities for northern Canada, and northern and southern Ontario. It also amends the Salaries Act to replace a reference to the Solicitor General of Canada with a reference to the Minister of Public Safety and Emergency Preparedness. It also makes an amendment to the Parliament of Canada Act to provide that the maximum number of Parliamentary Secretaries who may be appointed is equal to the number of ministers for whom salaries are provided in the Salaries Act.
Division 16 of Part 3 amends the Department of Public Works and Government Services Act to remove the requirement for the Minister of Public Works and Government Services to obtain a request from a government, body or person in Canada or elsewhere in order for the Minister to do certain things for or on their behalf. It also amends that Act to specify that the Governor in Council’s approval relating to those things may be given on a general or a specific basis.
Division 17 of Part 3 amends the Financial Administration Act to give the Governor in Council the authority to direct a Crown corporation to have its negotiating mandate approved by the Treasury Board for the purpose of the Crown corporation entering into a collective agreement with a bargaining agent. It also gives the Treasury Board the authority to require that an employee under the jurisdiction of the Secretary of the Treasury Board observe the collective bargaining between the Crown corporation and the bargaining agent. It requires that a Crown corporation that is directed to have its negotiating mandate approved obtain the Treasury Board’s approval before entering into a collective agreement. It also gives the Governor in Council the authority to direct a Crown corporation to obtain the Treasury Board’s approval before the Crown corporation fixes the terms and conditions of employment of certain of its non-unionized employees. Finally, it makes consequential amendments to other Acts.
Division 18 of Part 3 amends the Keeping Canada’s Economy and Jobs Growing Act to provide for increases to the sums that may be paid out of the Consolidated Revenue Fund for municipal, regional and First Nations infrastructure through the Gas Tax Fund. It also provides that the sums may be paid on the requisition of the Minister of Indian Affairs and Northern Development.

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.

Bill numbers are reused for different bills each new session. Perhaps you were looking for one of these other C-60s:

C-60 (2023) Law Appropriation Act No. 4, 2023-24
C-60 (2017) Law Miscellaneous Statute Law Amendment Act, 2017
C-60 (2015) Removal of Serious Foreign Criminals Act
C-60 (2011) Citizen's Arrest and Self-defence Act
C-60 (2009) Keeping Canadians Safe (Protecting Borders) Act
C-60 (2008) Law An Act to amend the National Defence Act (court martial) and to make a consequential amendment to another Act

Votes

June 10, 2013 Passed That the Bill be now read a third time and do pass.
June 10, 2013 Failed That the motion be amended by deleting all the words after the word “That” and substituting the following: “this House decline to give third reading to Bill C-60, An Act to implement certain provisions of the budget tabled in Parliament on March 21, 2013 and other measures, because it: “( a) weakens Canadians' confidence in the work of Parliament, decreases transparency and erodes the democratic process by amending 49 different pieces of legislation, many of which are not related to budgetary measures; ( b) raises taxes on Canadians by introducing tax hikes on credit unions and small businesses; ( c) gives the Treasury Board sweeping powers to interfere in collective bargaining and impose employment conditions on non-union employees; ( d) amends the Investment Canada Act to triple review thresholds and dramatically reduces the number of foreign takeovers subject to review; ( e) proposes an inadequate Band-Aid fix for the flawed approach to labour market opinions in the temporary foreign worker program; ( f) proposes to increase fees for visitor visas for friends and family coming to visit Canada; and ( g) fails to provide substantive measures to create good Canadian jobs and stimulate meaningful long-term growth and recovery.”.
June 4, 2013 Passed That Bill C-60, An Act to implement certain provisions of the budget tabled in Parliament on March 21, 2013 and other measures, {as amended}, be concurred in at report stage [with a further amendment/with further amendments] .
June 4, 2013 Failed That Bill C-60 be amended by deleting Clause 228.
June 4, 2013 Failed That Bill C-60 be amended by deleting Clause 225.
June 4, 2013 Failed That Bill C-60 be amended by deleting Clause 213.
June 4, 2013 Failed That Bill C-60 be amended by deleting Clause 200.
June 4, 2013 Failed That Bill C-60 be amended by deleting Clause 170.
June 4, 2013 Failed That Bill C-60 be amended by deleting Clause 162.
June 4, 2013 Failed That Bill C-60 be amended by deleting Clause 136.
June 4, 2013 Failed That Bill C-60 be amended by deleting Clause 133.
June 4, 2013 Failed That Bill C-60 be amended by deleting Clause 125.
June 4, 2013 Failed That Bill C-60 be amended by deleting Clause 112.
June 4, 2013 Failed That Bill C-60 be amended by deleting Clause 104.
June 4, 2013 Failed That Bill C-60 be amended by deleting Clause 12.
June 4, 2013 Failed That Bill C-60 be amended by deleting Clause 1.
June 3, 2013 Passed That, in relation to Bill C-60, An Act to implement certain provisions of the budget tabled in Parliament on March 21, 2013 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.
May 7, 2013 Passed That the Bill be now read a second time and referred to the Standing Committee on Finance.
May 7, 2013 Failed That the motion be amended by deleting all the words after the word “That” and substituting the following: “the House decline to give second reading to Bill C-60, An Act to implement certain provisions of the budget tabled in Parliament on March 21, 2013 and other measures (Economic Action Plan 2013 Act, No. 1), because it: ( a) raises taxes on middle class Canadians in order to pay for the Conservatives' wasteful spending; ( b) fails to reverse the government's decision to raise tariffs on items such as baby carriages, bicycles, household water heaters, space heaters, school supplies, ovens, coffee makers, wigs for cancer patients, and blankets; ( c) raises taxes on small business owners by $2.3 billion over the next 5 years, directly hurting 750,000 Canadians and risking Canadian jobs; ( d) raises taxes on credit unions by $75 million per year, which is an attack on rural Canadians and Canada's rural economy; ( e) adds GST/HST to certain healthcare services, including medical work that victims of crime need to establish their case in court; ( f) fails to provide a youth employment strategy to help struggling young Canadians find work; and ( g) ignores the pressing requirements of Aboriginal peoples.”.
May 2, 2013 Passed That, in relation to Bill C-60, An Act to implement certain provisions of the budget tabled in Parliament on March 21, 2013 and other measures, not more than four further sitting days shall be allotted to the consideration at second reading stage of the Bill; and That, 15 minutes before the expiry of the time provided for Government Orders on the fourth day allotted to the consideration at second 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 said stage of the Bill shall be put forthwith and successively, without further debate or amendment.

Economic Action Plan 2013 Act, No. 1Government Orders

June 3rd, 2013 / 4:45 p.m.

Mississauga—Brampton South Ontario

Conservative

Eve Adams ConservativeParliamentary Secretary to the Minister of Veterans Affairs

Mr. Speaker, economic action plan 2013 is our Conservative government's plan for jobs, growth and long-term prosperity. Our economic action plan is centred on the priorities of hard-working Canadians and their families. We remain focused on what matters to Canadians. This government knows that Canadians are concerned about the economic prosperity of this nation. They want to know that we have a solid plan of action to ensure that Canada continues to prosper. I am proud to say that our government continues to put Canadians first.

Ongoing economic turbulence in the United States and Europe, among our most important trading partners, continues to impact Canada. That is why our government introduced economic action plan 2013 to help protect and grow the Canadian economy with positive measures like the hiring credit for small businesses; the Canada job grant, the largest federal investment in job-creating infrastructure projects in Canadian history; and significant new investments to support manufacturing.

In order for Canada to grow, we need more businesses and more investment in our economy. We need more support for job-creating measures. We just posted the strongest quarter in two years, and with the over 900,000 net new jobs that have been created since the depth of the global recession, we have many encouraging signs that Canada's economy is back on track. Our government is ensuring that Canadians get first crack at available jobs by reforming the temporary foreign worker program. Canada's job growth record remains the best among all G7 countries. Our economic stewardship is second to none in the G7.

Small businesses are one of the economic engines of the Canadian economy, accounting for 98% of all employer businesses and supporting workers and communities from coast to coast to coast. My parents, new immigrants to Canada, saved their money and became small business owners. I pumped gas at their gas stations, managed the payroll and inventory orders at their restaurants, and negotiated their land development deals, as my parents' language skills were lacking. To this day, my mom still does not speak English very well, but her work as a small business owner meant that our payroll was always met and our success meant jobs for our neighbours. Small business owners are willing to invest their savings, work hard and take risks to create jobs. In order to maintain Canada's record of job growth, we need to continue to support our businesses, which are our job creators.

Economic action plan 2013 proposes a number of key measures to support small businesses, including extending the temporary hiring credit for small businesses for one year. Approximately 560,000 small business owners would benefit from this measure, allowing them to reinvest approximately $225 million in 2013, as long as they hire more people. We would also increase the lifetime capital gains exemption to $800,000 from $750,000 in 2014, and index it, going forward. The lifetime capital gains exemption increases the rewards of investing in small businesses, and makes it easier for owners to transfer their family businesses to the next generation of Canadian entrepreneurs.

Under our government's low tax plan for Canada, a typical small business owner with a taxable income of $500,000 has seen his or her tax bill drop by over 34%, or $28,000, since we were first elected in 2006. Our government clearly values the contribution of small businesses to the success of the Canadian economy. We will continue to support and encourage growth in this vitally important sector.

Economic action plan 2013 would provide $18 million to the Canadian Youth Business Foundation to help young entrepreneurs grow their firms. Our government has also lowered the small business tax rate from 12% to 11%, allowing small businesses to invest in growth, to hire new employees, our neighbours, and expand in new markets.

We are also extending the temporary accelerated capital cost allowance for new investments in machinery and equipment by Canadian manufacturers for two years.

Conservatives also understand the role of infrastructure in our country's economy. We have invested in an unprecedented number of projects that are improving the GTA's roads, highways and public transit. My neighbours in Mississauga and Brampton rely on public transit and highways on a daily basis. Whether it is commuting to and from work or simply driving our kids to hockey practice, road conditions matter. Improvements to infrastructure and public transit systems throughout Canada will not only preserve more jobs but will also allow for an improved quality of life for commuters.

During the depth of the recession, our government invested in important infrastructure projects. In Mississauga, those vital dollars allowed us to build Sheridan College, a new downtown centre and undertake the largest transit expansion in our city's history. Funding allowed us to fix up our parks and build new community pools. It put our neighbours to work.

Economic action plan 2013 builds on our investments in infrastructure and announces a new building Canada plan, the largest investment in job-creating infrastructure in Canadian history. The new building Canada plan outlines our investments in our nation.

The community improvement fund would provide $32.2 billion, consisting of an indexed gas tax fund and an increased GST rebate for municipalities to build roads, public transit, recreational facilities and other community infrastructure across Canada that would improve the quality of life of all Canadians.

In 2008, we made the gas tax fund permanent to help municipalities plan and fund improvements to essential infrastructure. Economic action plan 2013 commits that the gas tax fund be indexed at 2% per year starting in 2014-15.

The new building Canada fund would allocate $14 billion for major economic infrastructure projects that have both a national and regional significance, bringing back the focus to our communities.

Our government understands the needs of Canadian taxpayers. We understand that Canadians want to save their money and invest in their future. That is why we have introduced measures like the tax-free savings account, TFSA, which allows Canadians to earn tax-free investment income to more easily meet their lifetime savings needs. As of 2013, Canadians can contribute up to $5,500 annually to a TFSA. This is an increase from the annual contribution limit for 2009 and reflects indexation to inflation. This year the TFSA allows for contributions of up to $25,500, promoting savings.

We have removed one million low-income families from the tax rolls altogether.

We have targeted personal income tax rates and cut the lowest personal income tax rate to 15%.

Our government appreciates the ongoing contributions of seniors; now it is time for us to show our appreciation. Our government has provided seniors with the very much needed ability to split their pension income.

The average Canadian family of four meanwhile has seen savings totalling more than $3,200.

Our Conservative government continues to provide the 6% increase to provinces for health care funding all the while.

Since 2006, we have introduced more than 150 tax-cutting measures and provided over $160 million in tax relief for Canadian families and individuals over a six-year period.

I would like to speak briefly about our veterans, an issue very near and dear to me. Our veterans fought for the preservation of our nation and the safety and freedom of our country.

Our government is committed to ensuring that those who die without financial means receive the necessary financial support to provide for a dignified funeral and burial. The funeral and burial program, which is delivered by the Last Post Fund on behalf of Veterans Affairs Canada, offers financial assistance to veterans' estates where the veteran died as a result of a service-related disability or for cases where the veteran had insufficient assets. This budget commits over $65 million over two years to more than double the amount of money available for veterans' funerals.

Our government's plan to get back to a balanced budget is working and we have reduced the deficit by more than half over the past two years. Economic action plan 2013 builds on past efforts to reduce government spending by announcing an additional $1.7 billion of additional savings.

Economic Action Plan 2013 Act, No. 1Government Orders

June 3rd, 2013 / 4:55 p.m.

NDP

Linda Duncan NDP Edmonton Strathcona, AB

Mr. Speaker, the member spoke of support for seniors and families, and so forth. We have been hearing from delegations of medical practitioners for the last couple of weeks who are very concerned about the lack of support by the government to the issues they see arising. To their credit, they have been travelling across Canada talking about the social determinants of health. Very clearly, they are concerned. What the evidence is showing is that the poor are very unhealthy and those with resources are much healthier.

Could the member speak to the call by the Canadian Federation of Municipalities to finally have the government dedicate specific funds for affordable housing, which would help many who are suffering financially and torn between paying for their rent, medicine or food for their children?

Economic Action Plan 2013 Act, No. 1Government Orders

June 3rd, 2013 / 4:55 p.m.

Conservative

Eve Adams Conservative Mississauga—Brampton South, ON

In fact, Mr. Speaker, as a former regional councillor, I was honoured to invest some much-needed federal dollars in social housing in the region of Peel, including Mississauga, Brampton and Caledon. They were critically important dollars.

Our government is also supporting seniors by allowing for pension income splitting. This is critically important to many couples. More to the point, our government has removed altogether from the tax rolls over one million individuals, the most needy members of our society, including seniors and low-income families. I think the member opposite will agree that is vitally important.

Economic Action Plan 2013 Act, No. 1Government Orders

June 3rd, 2013 / 5 p.m.

Liberal

Kevin Lamoureux Liberal Winnipeg North, MB

Mr. Speaker, could the member comment on how she would justify the government hitting new records in terms of expenditures on advertising? The government spends a great deal of tax dollars in order to tell Canadians about an economic action plan. In fact, the current government, more than any other government before it, has allocated hundreds of millions of dollars in self-promotion, on things such as the action plan. The cost of one ad during an NHL hockey game would finance summer jobs for 30 youth.

How does she justify the government, given today's economic times and the call for responsible government spending, wasting so much money on advertising? People do not want to see the economic action plan ads any more and, for whatever reason, that is not sinking in with the government.

Economic Action Plan 2013 Act, No. 1Government Orders

June 3rd, 2013 / 5 p.m.

Conservative

Eve Adams Conservative Mississauga—Brampton South, ON

Mr. Speaker, in fact, our Conservative government's spending on advertising is lower than the last Liberal government's spending. We are very good stewards of taxpayer dollars.

It is important to communicate with residents across the country. People want to know about the tax credits that are available to them and the job hiring grants. Many parents want to know about the fitness tax credit, for instance, and we need to communicate with Canadians to let them know about the money that is available to them. It is their tax dollars.

Also, everyone will note that it was our government that undertook the reforms to MPs' pensions. We are very serious when we say that we respect taxpayer dollars and our ministers' office spending is lower than what the Liberals spent.

Economic Action Plan 2013 Act, No. 1Government Orders

June 3rd, 2013 / 5 p.m.

Green

Elizabeth May Green Saanich—Gulf Islands, BC

Mr. Speaker, in line with the last point to the parliamentary secretary, I was recently reviewing the costs of the operations of the Prime Minister's Office, which is the least accountable part of this entire federal budget. It is now almost double what it was at any time in our history. It is now at about $10 million a year. In an effort to find out how many people work there, I was told that it was off limits for Canadians to know what the $10 million in the Prime Minister's partisan operations of exempt staff in the PMO actually is spent on.

I wonder if the hon. parliamentary secretary could offer us any guidance as to how we could get some accountability out of that rogue branch of government.

Economic Action Plan 2013 Act, No. 1Government Orders

June 3rd, 2013 / 5 p.m.

Conservative

Eve Adams Conservative Mississauga—Brampton South, ON

Mr. Speaker, I would like to speak to economic action plan 2013, which is our government's plan for jobs, growth and long-term prosperity.

Ensuring that we respect taxpayer dollars is vitally important to our government in just about every measure we have brought forward. Ensuring that the average family of four sees annually savings of $3,200 and allowing seniors to split their pension income shows that we are clearly committed and on the side of Canadians at the end of the day.

Economic Action Plan 2013 Act, No. 1Government Orders

June 3rd, 2013 / 5 p.m.

NDP

Raymond Côté NDP Beauport—Limoilou, QC

Mr. Speaker, I am pleased to speak to Bill C-60. I wish that I had more than 10 minutes, because there is so much to say about this bill.

We were not given nearly enough time at the Standing Committee on Finance. I would therefore like to take this opportunity to waste a few seconds of my precious time to express my opposition to the government's 39th gag order and the fact that the Standing Committee on Finance's study of this bill was a sham.

The committee was responsible for studying Bill C-60. As everyone no doubt remembers, we suggested splitting up the bill in the interest of serving Canadians well. We wanted each committee to have an opportunity to consider relevant parts of the bill, to study them fully, seriously and in depth, instead of looking at the mishmash of measures in this omnibus bill over what amounted to barely two and a half meetings. The committee did its clause-by-clause reading, then wrapped it all up in the blink of an eye with almost total disregard for the witnesses and the integrity of the committee process. It is truly appalling.

I would like to get right to the point and focus on changes to the Investment Canada Act. I have chosen to discuss this aspect as a reminder that, in my riding of Beauport—Limoilou, White Birch Paper's Stadacona mill met with what I would call a tragic fate. I have brought this subject up several times already.

In 2003, when an American investor—more specifically, an unscrupulous investor from New York—bought the Quebec City mill, it employed 1,600 people. At this time, after a nasty lockout and numerous measures to defraud pensioners and workers, only a little over 200 people remained employed at that mill. The mill is operating at well below half of its capacity.

I would like to go into a bit of the history of what happened before the 2011 election. When the lockout was imposed, over 600 employees were working there. Given their working conditions, the work was spread over three shifts and was done around the clock. The order book was full.

This Quebec City industrial gem was altered completely. It was virtually abandoned and left with an uncertain future. It is hard to imagine that this mill could be revived anytime soon, especially since the transaction whereby White Birch Paper was sold to Black Diamond Capital is linked to one of the shareholders, namely, the son of the former owner. That kind of absolutely unbelievable manoeuvring revealed the flaws in the Investment Canada Act.

I mentioned the unfortunate complicity on the part of my Liberal colleagues who agreed, under absolutely false pretenses, to drastically raise the review thresholds for foreign investments. That threshold will now be $1 billion. For the minister involved, this will be something quite extraordinary in the course of a year, something that will be worth mentioning, given the number of transactions of that size that we are likely to see.

Meanwhile, any number of highway robbers, thieves and fraudsters can freely and openly engage in unfair competition with honest investors and real entrepreneurs who care about developing businesses, taking on missions, diving into a great business adventure and taking positive initiatives, as well as providing opportunities for workers and our young people. It is truly appalling.

Unfortunately, we know that Bill C-60 will pass, barring some unforeseen incident. We can always hope. In the event that a number of government members are regrettably absent, we will gladly vote down their bill.

I would like to talk about the Investment Canada Act and, more specifically, about expanding the criteria. The Minister of Industry will have very few reasons to review transactions in Canada, and that represents a threat to the Canadian economy.

I was on the Standing Committee on International Trade for one year. I have no problem welcoming foreign investors with open arms. However, we cannot be naive. We need to take at least a few precautions when a so-called investor tries to acquire a Canadian business. It is no different from when a business owner or our financial institutions—our banks—make enquiries about consumers who make significant transactions. That is not unusual; it makes sense.

It is common for a credit check to be conducted when someone is buying a house or car or signing a lease.

How can the government be so lenient when it comes to entire sectors of our economy? Millions of Canadians suffer, directly or indirectly. They suffer directly because the company cuts operations and business is threatened. They suffer indirectly because when working conditions worsen and businesses become filled with cheap labour, they take on other forms, creating unfair competition for business owners who play by the rules and actively participate in Canada's development. A huge number of people are affected.

The erosion of our industrial fabric, our economic fabric and our social fabric is a liability and a disturbing legacy to leave for future generations, particularly since the government is moving forward at top speed. It is absolutely incredible.

Unfortunately, another part of this pseudo-investment is the decision to terminate the pension fund for current and retired employees of the Stadacona mill of White Birch Paper. There will be new developments on that front in the coming days. I continue to watch it all very closely.

Providing our workers and retirees with much less attractive retirement benefits will also undermine the sustainability of our economy to a certain extent. The reality is that having a large number of retirees is also a stabilizing factor in turbulent economic times. We have seen that in the Quebec City area.

I could have talked about the elimination of the tax credit for labour-sponsored funds, which is not in Bill C-60, but is another bad measure. I could also have talked about the creation of private pension funds that, unfortunately, will make workers shoulder the entire responsibility by making employer contributions optional. This will also make it much more difficult to save for retirement.

I am pleased to have spoken out against the type of measures adopted. There is no need to worry that all we are going to do is complain. We are laying the groundwork for our future and for taking power and correcting this situation.

Economic Action Plan 2013 Act, No. 1Government Orders

June 3rd, 2013 / 5:10 p.m.

NDP

Jean Crowder NDP Nanaimo—Cowichan, BC

Mr. Speaker, I want to touch on the foreign takeover aspect. We know that for years, and I have been here since 2004, New Democrats have been calling for greater clarity in foreign investment guidelines. We have seen thousands of acquisitions for which the kinds of oversight and guidelines that should have been required were not in place.

The Conservative government committed to consult Canadians and stakeholders on any more changes to the act, but there is a concern that the coming into force of these multiple new amendments will be determined through regulations.

I wonder if the member could comment on the fact that there has been no thorough public consultation on these changes and that the government did not move forward to do that consultation before it made substantive amendments to the foreign investment guidelines. As well, what would he like to see in terms of a consultation process?

Economic Action Plan 2013 Act, No. 1Government Orders

June 3rd, 2013 / 5:10 p.m.

NDP

Raymond Côté NDP Beauport—Limoilou, QC

Mr. Speaker, I would like to thank my colleague for her question.

I will start by talking about something that happened at the beginning of the year. At a reception held at the Port of Québec in January, I had an opportunity to speak to people from the business community. One of them said something that I found especially intriguing. The individual said that the business community was looking for some recognition. I thought it was significant that after seven years in power the Conservative government had not been able to do that.

Our proposed measures would clarify the rules of the game and introduce fairness.

We are in the midst of the hockey playoffs. If we were to get rid of the rules and allow high-sticking and other infractions, the game might be more exciting, but the resulting brutality would be totally unacceptable to society. That is where we are headed with the new Investment Canada rules.

Economic Action Plan 2013 Act, No. 1Government Orders

June 3rd, 2013 / 5:15 p.m.

Liberal

Kevin Lamoureux Liberal Winnipeg North, MB

Mr. Speaker, I want to pick up on a different but very important issue. It is related to housing.

For many Canadians from coast to coast to coast, housing is a very real issue. For middle-class and other Canadians, the issue is the affordability of a house, because the cost of housing has gone up. There are also individuals, particularly seniors on fixed incomes as well as others, who want to have work done on their homes.

Whether it is residential rehabilitation assistance programs, programs that we have seen in the past need to be enhanced or looked into at the very least, or the expansion of housing co-ops and the potential that housing co-ops have, thinking outside of the box and reinforcing good solid programs seems to have been lacking over the last couple of years in terms of investing in some sort of a national housing strategy to deal with Canada's housing situation.

I wonder if the member could comment on that issue and on how we have heard nary a word mentioned in the last couple of budgets on that very important issue.

Economic Action Plan 2013 Act, No. 1Government Orders

June 3rd, 2013 / 5:15 p.m.

NDP

Raymond Côté NDP Beauport—Limoilou, QC

Mr. Speaker, I want to thank my colleague from Winnipeg North for his question. This gives me a chance to remind the House that the government rejected our housing strategy.

It also allows me to share a memory that is truly very pleasant, and that is my first nomination as an NDP candidate in 2005. It was a few days, a few hours even, before my late leader, Jack Layton, reached an agreement with the Paul Martin government to cancel $3 billion in corporate tax cut and adopt measures for housing, among other things.

It is funny because that was my introduction to active politics and the three electoral campaigns I ran before being elected.

Housing has been a priority of ours for a long time. I want to thank my colleague from Saint-Hyacinthe—Bagot for fighting for this cause. We will continue to hold up our end; that is certain.

Economic Action Plan 2013 Act, No. 1Government Orders

June 3rd, 2013 / 5:15 p.m.

Conservative

Harold Albrecht Conservative Kitchener—Conestoga, ON

Mr. Speaker, I rise today to speak in favour of economic action plan 2013 and our government's budget implementation bill.

Even in the face of this global downturn, under the leadership of the Prime Minister and the Minister of Finance, Canada has led the world. Our net debt to GDP ratio is the lowest in the world. All the major credit agencies have affirmed Canada's Triple-A credit rating, and we have enjoyed the strongest job creation record in the G7. Canada has created more than 950,000 net new jobs since 2009, and 90% of those were full time and 80% in the private sector.

Through our government's leadership and discipline, our fiscal program played a strong role in ensuring that Canada's economy stayed on the rails, moving forward. In fact, to quote an editorial from my local paper, the Waterloo Region Record:

Canada is doing better and should continue to do better than most other advanced industrial nations, thanks, in part, to the fiscal prudence....

—of the finance minister's budget.

Canada will continue to lead the world because the Canadian government has made the tough, responsible choices. It has made the choice to engage Canadians in a massive temporary stimulus program that kept our economy afloat and built world-class research and commercialization facilities and much-needed community assets and infrastructure: roads, bridges, water treatment facilities and community centres. It has made the choice to maintain our commitment to lowering taxes on individuals and businesses that ensures Canada is an excellent place to call home, to work, to build a business and to raise a family.

It is worth remembering that the average family of four is paying $3,200 less, thanks to our tax cuts. Our choice to remain on track for balancing the budget in fiscal 2015-16 is a statement of confidence, confidence in our businesses and workers that, as global markets recover, our entrepreneurs and highly skilled workforce will seize that opportunity, confidence that the prudence we practice today will earn our prosperity for years to come.

Canadians can be confident, confident in themselves, confident in this budget and confident in this government.

I want to focus, though, on the elements of budget 2013 that are most important to my home area of Waterloo Region. For those hon. members unfamiliar with the Waterloo Region, our community has a history of reinventing our economy to adapt with changing times. Our ability to reinvent ourselves has always hinged on our uniquely strong sense of community.

When there is an opportunity to be pursued, business, academia, government, labour and the community sector all work together to make it happen. The people of Waterloo Region do not look for handouts, but they welcome collaboration and support.

That is why I stand today in this House and state categorically that this budget presents great news for my riding of Kitchener—Conestoga and for all of Waterloo Region. Our region is one of the hardest hit by the shortage of skilled workers, from engineers to welders, which our government continues to address. Our government is committed to providing leadership in correcting this. We will support the use of apprentices in federally funded projects and long-term infrastructure programs. We will work in collaboration with the provinces and territories to standardize requirements for apprentices in the skilled trades.

We are expanding opportunities for new entrants to the job market to get the skills they need, and we are increasing supports for Canadians with disabilities. Also, we committed to the Canada job grant, which would provide funds to help Canadians get the skills they need for the in-demand jobs. One hundred and thirty thousand Canadians would be able to take advantage of this program each year, and the direct involvement of employers would ensure the training offered aligns with the skills Canadians need.

The Canadian Chamber of Commerce called Canada's economic action plan 2013, “a significant step forward in the federal government's attack on Canada's skills challenge”.

However, it was not only business organizations offering praise. The Association of Canadian Community Colleges, the Canadian Building Trades and Engineers Canada all spoke highly of our approach to building the talent Canada needs, where it needs it.

Dr. John Tibbits, president of Conestoga College, noted that:

This budget clearly recognizes the important role that applied learning plays as a catalyst for job opportunity and innovation that will reinvigorate Canada's economy and put us on the path to a brighter future.

Even the Canadian Labour Congress called our plans around apprenticeships

“...a good first step in creating opportunities.”

It is not just a shortage of talent that is holding us back. Our high-tech industry faces a severe lack of venture capital.

High-potential companies in my riding, like Miovision Technologies and Clearpath Robotics, have shared the difficulties small companies face in finding the investment needed to take them to that next level. We live in a global economy and there is a very healthy entrepreneurial culture south of the border, and entrepreneurs there are very willing to purchase promising small enterprises. Too often they require that the companies' core team move to the U.S. to be closer to their funders, and the result is lost growth.

We need this amazing talent. We need these entrepreneurs to stay right here in Canada. As a government, we need these companies to stay here at home in Canada because we want the jobs they create to be created here, at home in Canada.

Iain Klugman, CEO of Communitech, Waterloo Region's technology association, noted the significance of budget 2013 stating:

The two key barriers to growth for tech companies are access to talent and access to capital. Budget 2013 takes aim at helping companies overcome both of these barriers. The additional resources for NRC-IRAP and the Business Development Bank of Canada would increase the availability of much needed capital for Canada's tech companies.

Communitech was also pleased to see our government support entrepreneurship by supporting business incubators, and I would like to share a bit about the impact a business incubator can have on economic growth.

Communitech offers a business incubator program to high tech start-ups. The Communitech Hub opened in 2009 as part of a five-year digital strategy. Both were supported by this government. We see the benefits when large, established companies donate to support services for start-ups. We see the impact that peer-to-peer training and mentorship can deliver to young companies. We see the synergies that result when aspiring entrepreneurs are able to access bleeding edge technologies like the 3D virtual environment.

How do we see all of these very positive changes? Let us measure the impact against its five-year plan, just three years into that plan: 800 new digital media and mobile technology companies, eight times the forecast; 1,600 new jobs in start-up companies, 80% of the five-year goal; $350 million in equity investments, more than triple the five-year goal.

As a result of this holistic approach to business development offered by the Hub, 83% of start-ups in the Communitech network are still in business after five years. That is almost double the industry average. These are the keys to a prosperous community.

Speaking of prosperous communities, I must mention how pleased the communities that make up Kitchener—Conestoga were with this budget's commitment to renewing our infrastructure, a $53 billion program in predictable infrastructure funding. This 10-year program would be the largest and longest federal commitment to infrastructure in Canadian history.

Its components include a $14 billion renewal of the building Canada fund to support major economic infrastructure projects; a five-year plan to continue building infrastructure projects through innovative public-private partnerships, P3s; and more than $32 billion in enhanced gas tax fund payments to provide predictable, application-free funding to municipalities.

This long-term, predictable funding is something our municipal partners have been requesting for years.

Also, while keeping on track for a return to surplus, we would invest new money to help move vulnerable Canadians off the streets, out of shelters and into stable housing, and invest directly in affordable housing.

For my home region of Waterloo, it is estimated that the gas tax fund improvements alone would channel an additional $126 million to our local municipalities.

Grant Whittington, the chief administrative officer of Wilmot Township, sent me a note shortly after the budget, stating that he felt “the budget was well done and provided long-term financial support for municipal support for municipal infrastructure”. He concluded by noting that “The indexing of the Gas Tax Funding Program is very appreciated”.

Kitchener city councillor Berry Vrbanovic, also the past president of the Federation of Canadian Municipalities, agreed, stating that “The Federal Government has delivered to municipalities with this budget”.

The FCM was even more effusive with its praise:

We applaud the government for choosing to continue moving our communities forward even as it meets its immediate fiscal challenges....

...it will spur growth and job creation while laying the foundation for a more competitive economy.

From engineers to educational institutions, from big business to small business to organized labour, from our communities and our newspapers, we are hearing the same thing, that the budget is good news for Canada.

I look forward to seeing Bill C-60, the economic action plan, passed and implemented quickly. Our communities need the funds to renew their infrastructure. Our unemployed need the training opportunities. Our businesses need the talent.

I ask all hon. members to support Bill C-60, which would make it easier for families to adopt a child and provide a healthy, nurturing environment; easier for charities to attract new donors, as proposed by my friend, the hon. member for Kitchener—Waterloo; easier for businesses to grow and innovate to create new jobs and better-paying jobs; easier to support the development and expansion of palliative care services for those who so desperately need them.

I am proud of this budget. I am proud of how Canadians have persevered through this time of economic adversity. I am confident in Canadians. The government shares that confidence. This budget and this bill reflect that confidence. I ask all hon. members to join me in supporting Bill C-60.

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June 3rd, 2013 / 5:25 p.m.

NDP

Linda Duncan NDP Edmonton Strathcona, AB

Mr. Speaker, I noted that the hon. member spoke of apprenticeships and all the government is doing to encourage apprenticeships, yet it is reported that, despite the supposed measures, less than 50% of employers are providing apprenticeships.

By the way, members may not be aware, but apparently the government is the largest purchaser of construction activity in this country. Therefore, the building trades and construction workers are calling upon the government to actually require that all federal RFP bidders be required to provide a certain percentage of apprenticeships.

I wonder if the member would advise if he is willing to speak to his government and support such a directive.

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June 3rd, 2013 / 5:30 p.m.

Conservative

Harold Albrecht Conservative Kitchener—Conestoga, ON

Mr. Speaker, in fact, that particular principle is included in this budget implementation bill. In fact I said in my speech that we would support the use of apprentices in federally funded projects and long-term infrastructure projects.

While I am on my feet speaking to that, just recently I held a round table in my riding dealing with the Canada jobs grant. It was amazing to see the uptake by our post-secondary institutions and our industries, to see how they are excited about this Canada jobs grant, which would link the people who need the training with the industry to find out what training they actually need.

It is quite clear that the action of this government would help address the skilled trades shortages in our country and, at the same time, provide those opportunities for businesses that are looking for these jobs that are unfilled right now and are not meeting the needs of our industry.