Economic Action Plan 2013 Act No. 2

A second 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, 2nd session, which ended in August 2015.

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) increases the lifetime capital gains exemption to $800,000 and indexes the new limit to inflation;
(b) streamlines the process for pension plan administrators to refund a contribution made to a Registered Pension Plan as a result of a reasonable error;
(c) extends the reassessment period for reportable tax avoidance transactions and tax shelters when information returns are not filed properly and on time;
(d) phases out the federal Labour-Sponsored Venture Capital Corporations tax credit;
(e) ensures that derivative transactions cannot be used to convert fully taxable ordinary income into capital gains taxed at a lower rate;
(f) ensures that the tax consequences of disposing of a property cannot be avoided by entering into transactions that are economically equivalent to a disposition of the property;
(g) ensures that the tax attributes of trusts cannot be inappropriately transferred among arm’s length persons;
(h) responds to the Sommerer decision to restore the intended tax treatment with respect to non-resident trusts;
(i) expands eligibility for the accelerated capital cost allowance for clean energy generation equipment to include a broader range of biogas production equipment and equipment used to treat gases from waste;
(j) imposes a penalty in instances where information on tax preparers and billing arrangements is missing, incomplete or inaccurate on Scientific Research and Experimental Development tax incentive program claim forms;
(k) phases out the accelerated capital cost allowance for capital assets used in new mines and certain mine expansions, and reduces the deduction rate for pre-production mine development expenses;
(l) adjusts the five-year phase-out of the additional deduction for credit unions;
(m) eliminates unintended tax benefits in respect of two types of leveraged life insurance arrangements;
(n) clarifies the restricted farm loss rules and increases the restricted farm loss deduction limit;
(o) enhances corporate anti-loss trading rules to address planning that avoids those rules;
(p) extends, in certain circumstances, the reassessment period for taxpayers who have failed to correctly report income from a specified foreign property on their annual income tax return;
(q) extends the application of Canada’s thin capitalization rules to Canadian resident trusts and non-resident entities; and
(r) introduces new administrative monetary penalties and criminal offences to deter the use, possession, sale and development of electronic suppression of sales software that is designed to falsify records for the purpose of tax evasion.
Part 1 also implements other selected income tax measures. Most notably, it
(a) implements measures announced on July 25, 2012, including measures that
(i) relate to the taxation of specified investment flow-through entities, real estate investment trusts and publicly-traded corporations, and
(ii) respond to the Lewin decision;
(b) implements measures announced on December 21, 2012, including measures that relate to
(i) the computation of adjusted taxable income for the purposes of the alternative minimum tax,
(ii) the prohibited investment and advantage rules for registered plans, and
(iii) the corporate reorganization rules; and
(c) clarifies that information may be provided to the Department of Employment and Social Development for a program for temporary foreign workers.
Part 2 implements certain goods and services tax and harmonized sales tax (GST/HST) measures proposed in the March 21, 2013 budget by
(a) introducing new administrative monetary penalties and criminal offences to deter the use, possession, sale and development of electronic suppression of sales software that is designed to falsify records for the purpose of tax evasion; and
(b) clarifying that the GST/HST provision, exempting supplies by a public sector body (PSB) of a property or a service if all or substantially all of the supplies of the property or service by the PSB are made for free, does not apply to supplies of paid parking.
Part 3 enacts and amends several Acts in order to implement various measures.
Division 1 of Part 3 amends the Employment Insurance Act to extend and expand a temporary measure to refund a portion of employer premiums for small businesses. It also amends that Act to modify the Employment Insurance premium rate-setting mechanism, including setting the 2015 and 2016 rates and requiring that the rate be set on a seven-year break-even basis by the Canada Employment Insurance Commission beginning with the 2017 rate. The Division repeals the Canada Employment Insurance Financing Board Act and related provisions of other Acts. Lastly, it makes technical amendments to the Employment Insurance (Fishing) Regulations.
Division 2 of Part 3 amends the Trust and Loan Companies Act, the Bank Act and the Insurance Companies Act to remove the prohibition against federal and provincial Crown agents and federal and provincial government employees being directors of a federally regulated financial institution. It also amends the Office of the Superintendent of Financial Institutions Act and the Financial Consumer Agency of Canada Act to remove the obligation of certain persons to give the Minister of Finance notice of their intent to borrow money from a federally regulated financial institution or from a corporation that has deposit insurance under the Canada Deposit Insurance Corporation Act.
Division 3 of Part 3 amends the Trust and Loan Companies Act, the Bank Act, the Insurance Companies Act and the Cooperative Credit Associations Act to clarify the rules for certain indirect acquisitions of foreign financial institutions.
Division 4 of Part 3 amends the Criminal Code to update the definition “passport” in subsection 57(5) and also amends the Department of Foreign Affairs, Trade and Development Act to update the reference to the Minister in paragraph 11(1)(a).
Division 5 of Part 3 amends the Canada Labour Code to amend the definition of “danger” in subsection 122(1), to modify the refusal to work process, to remove all references to health and safety officers and to confer on the Minister of Labour their powers, duties and functions. It also makes consequential amendments to the National Energy Board Act, the Hazardous Materials Information Review Act and the Non-smokers’ Health Act.
Division 6 of Part 3 amends the Department of Human Resources and Skills Development Act to change the name of the Department to the Department of Employment and Social Development and to reflect that name change in the title of that Act and of its responsible Minister. In addition, the Division amends Part 6 of that Act to extend that Minister’s powers with respect to certain Acts, programs and activities and to allow the Minister of Labour to administer or enforce electronically the Canada Labour Code. The Division also adds the title of a Minister to the Salaries Act. Finally, it makes consequential amendments to several other Acts to reflect the name change.
Division 7 of Part 3 authorizes Her Majesty in right of Canada to hold, dispose of or otherwise deal with the Dominion Coal Blocks in any manner.
Division 8 of Part 3 authorizes the amalgamation of four Crown corporations that own or operate international bridges and gives the resulting amalgamated corporation certain powers. It also makes consequential amendments and repeals certain Acts.
Division 9 of Part 3 amends the Financial Administration Act to provide that agent corporations designated by the Minister of Finance may, subject to any terms and conditions of the designation, pledge any securities or cash that they hold, or give deposits, as security for the payment or performance of obligations arising out of derivatives that they enter into or guarantee for the management of financial risks.
Division 10 of Part 3 amends the National Research Council Act to reduce the number of members of the National Research Council of Canada and to create the position of Chairperson of the Council.
Division 11 of Part 3 amends the Veterans Review and Appeal Board Act to reduce the permanent number of members of the Veterans Review and Appeal Board.
Division 12 of Part 3 amends the Canada Pension Plan Investment Board Act to allow for the appointment of up to three directors who are not residents of Canada.
Division 13 of Part 3 amends the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to extend to the whole Act the protection for communications that are subject to solicitor-client privilege and to provide that information disclosed by the Financial Transactions and Reports Analysis Centre of Canada under subsection 65(1) of that Act may be used by a law enforcement agency referred to in that subsection only as evidence of a contravention of Part 1 of that Act.
Division 14 of Part 3 enacts the Mackenzie Gas Project Impacts Fund Act, which establishes the Mackenzie Gas Project Impacts Fund. The Division also repeals the Mackenzie Gas Project Impacts Act.
Division 15 of Part 3 amends the Conflict of Interest Act to allow the Governor in Council to designate a person or class of persons as public office holders and to designate a person who is a public office holder or a class of persons who are public office holders as reporting public office holders, for the purposes of that Act.
Division 16 of Part 3 amends the Immigration and Refugee Protection Act to establish a new regime that provides that a foreign national who wishes to apply for permanent residence as a member of a certain economic class may do so only if they have submitted an expression of interest to the Minister and have subsequently been issued an invitation to apply.
Division 17 of Part 3 modernizes the collective bargaining and recourse systems provided by the Public Service Labour Relations Act regime. It amends the dispute resolution process for collective bargaining by removing the choice of dispute resolution method and substituting conciliation, which involves the possibility of the use of a strike as the method by which the parties may resolve impasses. In those cases where 80% or more of the positions in a bargaining unit are considered necessary for providing an essential service, the dispute resolution mechanism is to be arbitration. The collective bargaining process is further streamlined through amendments to the provision dealing with essential services. The employer has the exclusive right to determine that a service is essential and the numbers of positions that will be required to provide that service. Bargaining agents are to be consulted as part of the essential services process. The collective bargaining process is also amended by extending the timeframe within which a notice to bargain collectively may be given before the expiry of a collective agreement or arbitral award.
In addition, the Division amends the factors that arbitration boards and public interest commissions must take into account when making awards or reports, respectively. It also amends the processes for the making of those awards and reports and removes the compensation analysis and research function from the mandate of the Public Service Labour Relations Board.
The Division streamlines the recourse process set out for grievances and complaints in Part 2 of the Public Service Labour Relations Act and for staffing complaints under the Public Service Employment Act.
The Division also establishes a single forum for employees to challenge decisions relating to discrimination in the public service. Grievances and complaints are to be heard by the Public Service Labour Relations Board under the grievance process set out in the Public Service Labour Relations Act. The process for the review of those grievances or complaints is to be the same as the one that currently exists under the Canadian Human Rights Act. However, grievances and complaints related specifically to staffing complaints are to be heard by the Public Service Staffing Tribunal. Grievances relating to discrimination are required to be submitted within one year or any longer period that the Public Service Labour Relations Board considers appropriate, to reflect what currently exists under the Canadian Human Rights Act.
Furthermore, the Division amends the grievance recourse process in several ways. With the sole exception of grievances relating to issues of discrimination, employees included in a bargaining unit may only present or refer an individual grievance to adjudication if they have the approval of and are represented by their bargaining agent. Also, the process as it relates to policy grievances is streamlined, including by defining more clearly an adjudicator’s remedial power when dealing with a policy grievance.
In addition, the Division provides for a clearer apportionment of the expenses of adjudication relating to the interpretation of a collective agreement. They are to be borne in equal parts by the employer and the bargaining agent. If a grievance relates to a deputy head’s direct authority, such as with respect to discipline, termination of employment or demotion, the expenses are to be borne in equal parts by the deputy head and the bargaining agent. The expenses of adjudication for employees who are not represented by a bargaining agent are to be borne by the Public Service Labour Relations Board.
Finally, the Division amends the recourse process for staffing complaints under the Public Service Employment Act by ensuring that the right to complain is triggered only in situations when more than one employee participates in an exercise to select employees that are to be laid off. And, candidates who are found not to meet the qualifications set by a deputy head may only complain with respect to their own assessment.
Division 18 of Part 3 establishes the Public Service Labour Relations and Employment Board to replace the Public Service Labour Relations Board and the Public Service Staffing Tribunal. The new Board will deal with matters that were previously dealt with by those former Boards under the Public Service Labour Relations Act and the Public Service Employment Act, respectively, which will permit proceedings under those Acts to be consolidated.
Division 19 of Part 3 adds declaratory provisions to the Supreme Court Act, respecting the criteria for appointing judges to the Supreme Court of Canada.

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-4s:

C-4 (2021) Law An Act to amend the Criminal Code (conversion therapy)
C-4 (2020) Law COVID-19 Response Measures Act
C-4 (2020) Law Canada–United States–Mexico Agreement Implementation Act
C-4 (2016) Law An Act to amend the Canada Labour Code, the Parliamentary Employment and Staff Relations Act, the Public Service Labour Relations Act and the Income Tax Act
C-4 (2011) Preventing Human Smugglers from Abusing Canada's Immigration System Act
C-4 (2010) Sébastien's Law (Protecting the Public from Violent Young Offenders)

Votes

Dec. 9, 2013 Passed That the Bill be now read a third time and do pass.
Dec. 3, 2013 Passed That Bill C-4, A second 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] .
Dec. 3, 2013 Failed That Bill C-4 be amended by deleting Clause 471.
Dec. 3, 2013 Failed That Bill C-4 be amended by deleting Clause 365.
Dec. 3, 2013 Failed That Bill C-4 be amended by deleting Clause 294.
Dec. 3, 2013 Failed That Bill C-4 be amended by deleting Clause 288.
Dec. 3, 2013 Failed That Bill C-4 be amended by deleting Clause 282.
Dec. 3, 2013 Failed That Bill C-4 be amended by deleting Clause 276.
Dec. 3, 2013 Failed That Bill C-4 be amended by deleting Clause 272.
Dec. 3, 2013 Failed That Bill C-4 be amended by deleting Clause 256.
Dec. 3, 2013 Failed That Bill C-4 be amended by deleting Clause 239.
Dec. 3, 2013 Failed That Bill C-4 be amended by deleting Clause 204.
Dec. 3, 2013 Failed That Bill C-4 be amended by deleting Clause 176.
Dec. 3, 2013 Failed That Bill C-4 be amended by deleting Clause 159.
Dec. 3, 2013 Failed That Bill C-4 be amended by deleting Clause 131.
Dec. 3, 2013 Failed That Bill C-4 be amended by deleting Clause 126.
Dec. 3, 2013 Failed That Bill C-4 be amended by deleting Clause 1.
Dec. 3, 2013 Passed That, in relation to Bill C-4, A second 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.
Oct. 29, 2013 Passed That the Bill be now read a second time and referred to the Standing Committee on Finance.
Oct. 29, 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 second reading to Bill C-4, A second act to implement certain provisions of the budget tabled in Parliament on March 21, 2013 and other measures, because it: ( a) decreases transparency and erodes democratic process by amending 70 different pieces of legislation, many of which are not related to budgetary measures; ( b) dismantles health and safety protections for Canadian workers, affecting their right to refuse unsafe work; ( c) increases the likelihood of strikes by eliminating binding arbitration as an option for public sector workers; and ( d) eliminates the independent Canada Employment Insurance Financing Board, allowing the government to continue playing politics with employment insurance rate setting.”.
Oct. 24, 2013 Passed That, in relation to Bill C-4, A second 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. 2Government Orders

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

Liberal

Kevin Lamoureux Liberal Winnipeg North, MB

Mr. Speaker, a number of months ago the Prime Minister made the decision to prorogue Parliament. By proroguing Parliament, he also prevented the House from sitting for a number of weeks.

As a direct result, we now have a massive budget bill that we are expected to pass in a time-allocated way, which will prevent most members of Parliament from getting engaged in this debate, and that would be if it were just a normal budget implementation bill.

We all know that this is a massive budget implementation bill that changes numerous pieces of legislation. We have an irresponsible Prime Minister who has prorogued the session and put in time allocation. It is very disrespectful of the process of this House.

Does the member not believe that there is a better way to administer budget implementation bills and to do due diligence so that Canadians would be better served by respecting the process of the House?

Economic Action Plan 2013 Act No. 2Government Orders

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

Conservative

Larry Miller Conservative Bruce—Grey—Owen Sound, ON

Mr. Speaker, my colleague across the way is a little bit out of step with the majority of Canadians. He talks about wanting to debate a bill, but he spends half of his time complaining about whether or not he likes the bill.

For my colleague across the way, the bottom line is that it is not about debating the bill; it is just about how opposition members can find ways to drag down government and all that.

He has voted against every one of all the great measures we brought in, whether it is assisting veterans or keeping taxes low. We have lowered 150 taxes. At the end of the day it is really not about what is in it at all; he is opposed to it no matter what. He should get on board.

Economic Action Plan 2013 Act No. 2Government Orders

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

Green

Elizabeth May Green Saanich—Gulf Islands, BC

Mr. Speaker, I particularly commend my hon. colleague from Bruce—Grey—Owen Sound for showing up earlier today to support a private member's bill to give individual members of Parliament more power and the ability to better represent their constituents.

He has done a fine job in bringing forward his own bill to ban bulk water exports, and in that spirit I ask him if he feels like joining the opinion of the majority of us on the opposition benches, who find it regrettable that the good measures he mentioned in his speech are thrown into a omnibus budget bill that includes many different elements that really would have been better served by being studied separately. They include such things as changes to the Canada Labour Code, changes to our Immigration Act, changes to the Mackenzie gas pipeline fund, and changes to the treatment of the Dominion Coal lands—in fact, selling them without having a proper hearing in this place.

I wonder if he might agree that it would be better for democracy if proper bills came forward individually.

Economic Action Plan 2013 Act No. 2Government Orders

December 3rd, 2013 / 5:35 p.m.

Conservative

Larry Miller Conservative Bruce—Grey—Owen Sound, ON

Mr. Speaker, I thank my colleague for her fine comments and especially for pointing out the many good things that are in this Bill C-4 that we are talking about. I am not going to repeat them. They are almost too numerous to allow following up on all of them. However, I thank her for recognizing that.

Again, in the House we do not always get everything that we want, but she and every other member here, on all sides of the House, have a chance to debate what is in this bill. At the end of the day, with all of those good things that she herself mentioned, I look forward to her supporting the bill

Economic Action Plan 2013 Act No. 2Government Orders

December 3rd, 2013 / 5:35 p.m.

The Acting Speaker Bruce Stanton

We are resuming debate for the hon. member for York West. I will let the hon. member know that we do not have quite the full 10 minutes that she might have been expecting, this being the conclusion of the time allocated for government orders for today.

However, I am taking more of that time right now, so let us resume debate.

The hon. member for York West.

Economic Action Plan 2013 Act No. 2Government Orders

December 3rd, 2013 / 5:35 p.m.

Liberal

Judy Sgro Liberal York West, ON

Mr. Speaker, I will make good use of whatever amount of time I have left, as the last speaker.

I am pleased to be on my feet again to address it. Many of our colleagues have spoken at length to various issues of a bill on which it is most unfortunate that again we have had to see closure; especially on things like the omnibus bills being passed, which are actually massive in volume. No matter how much work all of us do in this House, we can never get through it enough to find all of the bits and pieces in this omnibus bill that are nothing short of a bunch of poison pills that are going to have huge effects on the Canadian economy and on the Canadian people. However, the Conservatives have their majority and they are going to do with this what they do with everything else, which is to implement time allocation and drive it through in order to achieve their agenda and do what they want.

I am using my valuable time to speak to this issue, on the things I think are important to Canadians and things we should be talking about more. Issues like jobs, infrastructure, household debt, youth unemployment and government waste are too important to simply be lumped in with many non-budgetary measures such as court reform, which the government is hiding within the budget. They put things like court reform and other things that have nothing to do with a budget bill into an omnibus bill. They bury them in there with the hopes that nobody in the opposition will be able to find them because they are overwhelmed with the bill from the beginning anyway and do not have enough time. Normally we would have had several months here, and we are lucky if we have several days.

Let us talk about jobs first, and quality jobs, which are at the heart of any healthy and growing economy. Without adequate employment, Canadians cannot enjoy dignity and quality living, no matter what the GDP says. On this front, of course the government has clearly failed.

Too often, the Prime Minister has droned on about the GDP without giving consideration to the impact around the kitchen tables of the nation. He says the economy is growing, but the reality is that more and more Canadians are falling farther and farther behind. Instead, the Conservatives are repackaging existing programs, taking more money out of the economy and calling it an economic action plan. This budget clearly has no plan to help the middle class, and that is its first great failing.

In budget 2013, the Conservatives prioritize spending cuts ahead of strengthening the economy and creating Canadian jobs. Their latest round of spending cuts is going to hurt Canada's already-weakened economy. The EI premium hike in budget 2013 would again cost more jobs. Canada's job market has not recovered from the recession, no matter what this Prime Minister and the government say. It is even more difficult for young Canadians to find a job, with an employment rate that is five points worse than it was before the recession, so we risk creating a lost generation of youth, unable to move out of their parents' home, scarred with high debt and with no meaningful job experience. I guess that would make the government's failure to address youth unemployment the second greatest failing of this budget. However, it is a failing of which the full impact will not be understood fully for years, and that is an important point.

The current government has developed a habit of kicking a can down the road on key issues. Government is about leadership and making real decisions. Passing the bill to our children for our generations of mismanagement is unethical, short-sighted and just plain wrong.

Budget 2013 announcements on infrastructure, training and manufacturing are not enough to kickstart the economy. These are not new programs. The Conservatives are just using budget 2013 to rebrand programs that already exist. Again, the Conservatives are just kicking the can down the road.

Worse than all of this, the budget would fail to do anything to shore up the very foundation of the economy, middle-class workers. Canadian workers are the true fuel of the economy, and they have been ignored by the current government. Instead, the Minister of Finance has developed a habit of calling the banks and demanding that they increase mortgage prices. This may look great on paper, but it will only make it harder for middle-class families to make ends meet. Canadian housing prices are overvalued, and prices are now starting to drop. The minister is to blame with his risky mortgage scheme in budget 2006 that brought U.S.-style 40-year mortgages with zero down payment to Canada, and helped create the current housing bubble. Then the Conservatives had to change it, so now the only real growth in Canada's economy is the growth in household debt. Personal debt levels in Canada are now worse than they were in the U.S. before the U.S. housing crush.

Canadians are not wasteful mismanagers. They are not putting new TVs and fancy cars on their credit cards. They are putting food and rent on their credit cards.

The responsibility for this climate rests on the shoulders of the Conservatives. This budget's failure is not isolated to the country's workers. They have also turned their backs on seniors. Despite their billion-dollar ad campaign to the contrary, Conservatives have no plan for middle class prosperity. Instead, they repeatedly punish the middle-class. Conservatives taxed income trusts, wiping out billions in retirement savings, after saying they would never touch them. They made old age security harder to get by moving it up to age 67. The Conservatives PRPP scheme is a joke. It is nothing better than just something for the banks and insurance companies. Seventy per cent of Canadians have no pension, yet Conservative incompetence is making it much harder to retire with dignity. I cannot help but wonder why the Prime Minister wants poverty to be part of middle-class retirement.

The government's answer to this problem has always been trade. It has failed to note that more trade has not always been better for Canadian industry. Canadian farmers know this better than anyone. For the past 50 years, farmers have been increasing their production levels each year, only to watch their incomes fall well into negative margins.

I support trade, and so does my party. However, trade has to be on an equal and profitable footing. Trade success is more than a simple scorecard. It has to include real gains for Canadian industry and workers. Instead, the government talks big, but unlike certain goods in places like the U.S., talk is cheap. For example, the suggested Canadian retail price for an Acura, a car made in Alliston, Ontario, is $54,990, yet our U.S. friends can buy the same car for just $46,120. That is a $9,000 price differential, a price paid by Canadian families. It goes right back into the manufacturer's hands. The differential applies to every car from the Matrix to the Impala. In short, everyone has their hand in consumers' pockets and despite the government's promise to get serious about price parity, it continues to do nothing on those big issues.

Empty words will not close this gap, nor will they help middle-class families raise their families. The government has spent well over half a billion dollars on advertising, trying to buy Canadian voters with their own tax dollars. Most recently, it has spent more than $8 million to tell Canadians in rural Canada that they should not be happy with their cellphone service. Effectively, to score cheap political points, the government is using tax dollars to run ads against Canadian businesses. It calls this action on behalf of consumers.

As bad as this is, incompetent military procurement, like the $40 billion runaway F-35 costs, are draining government resources at a time when Canadians need them the most. This kind of waste is taking money from workers, students, and middle-class families, plain and simple.

I could go on with example after example of just how the government has failed Canadians, but time simply does not permit a full reading of the list. In short, this budget takes drastically reduced economic growth forecasts and magically turns them into increased revenue projections. The government is projecting a balanced budget by 2015, with an $800 million surplus, yet short of a math error, has no real explanation of how to attain that goal.

Mr. Speaker, thank you very much for the opportunity to conclude this debate. With great sadness, we will rise tonight and vote against Bill C-4.

Economic Action Plan 2013 Act No. 2Government Orders

December 3rd, 2013 / 5:45 p.m.

The Acting Speaker Bruce Stanton

It being 5:45 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 report stage of the bill now before the House.

Is the House ready for the question?

Economic Action Plan 2013 Act No. 2Government Orders

December 3rd, 2013 / 5:45 p.m.

Some hon. members

Question.

Economic Action Plan 2013 Act No. 2Government Orders

December 3rd, 2013 / 5:45 p.m.

The Acting Speaker Bruce Stanton

The question is on Motion No. 1. Is it the pleasure of the House to adopt the motion?

Economic Action Plan 2013 Act No. 2Government Orders

December 3rd, 2013 / 5:45 p.m.

Some hon. members

Agreed.

No.

Economic Action Plan 2013 Act No. 2Government Orders

December 3rd, 2013 / 5:45 p.m.

The Acting Speaker Bruce Stanton

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

Economic Action Plan 2013 Act No. 2Government Orders

December 3rd, 2013 / 5:45 p.m.

Some hon. members

Yea.

Economic Action Plan 2013 Act No. 2Government Orders

December 3rd, 2013 / 5:45 p.m.

The Acting Speaker Bruce Stanton

All those opposed will please say nay.

Economic Action Plan 2013 Act No. 2Government Orders

December 3rd, 2013 / 5:45 p.m.

Some hon. members

Nay.

Economic Action Plan 2013 Act No. 2Government Orders

December 3rd, 2013 / 5:45 p.m.

The Acting Speaker Bruce Stanton

In my opinion the nays have it.

And five or more members having risen:

The recorded division on the motion stands deferred. The recorded division will also apply to Motions Nos. 3 to 18.

The next question is on Motion No. 2. Is it the pleasure of the House to adopt the motion?