Budget Implementation Act, 2016, No. 1.

An Act to implement certain provisions of the budget tabled in Parliament on March 22, 2016 and other measures

This bill is from the 42nd Parliament, 1st session, which ended in September 2019.

Sponsor

Bill Morneau  Liberal

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 22, 2016 budget by
(a) eliminating the education tax credit;
(b) eliminating the textbook tax credit;
(c) exempting from taxable income amounts received as rate assistance under the Ontario Electricity Support Program;
(d) maintaining the small business tax rate at 10.‍5% for the 2016 and subsequent taxation years and making consequential adjustments to the dividend gross-up factor and dividend tax credit;
(e) increasing the maximum deduction available under the northern residents deduction;
(f) eliminating the children’s arts tax credit;
(g) eliminating the family tax cut credit;
(h) replacing the Canada child tax benefit and universal child care benefit with the new Canada child benefit;
(i) eliminating the child fitness tax credit;
(j) introducing the school supplies tax credit;
(k) extending, for one year, the mineral exploration tax credit for flow-through share investors;
(l) restoring the labour-sponsored venture capital corporations tax credit for purchases of shares of provincially registered labour-sponsored venture capital corporations for the 2016 and subsequent taxation years; and
(m) introducing changes consequential to the introduction of the new 33% individual tax rate.
Part 1 implements other income tax measures confirmed in the March 22, 2016 budget by
(a) amending the anti-avoidance rules in the Income Tax Act that prevent the conversion of capital gains into tax-deductible intercorporate dividends;
(b) qualifying certain costs associated with undertaking environmental studies and community consultations as Canadian exploration expenses;
(c) ensuring that profits from the insurance of Canadian risks remain taxable in Canada;
(d) ensuring that the dividend rental arrangement rules under the Income Tax Act apply where there is a synthetic equity arrangement;
(e) providing specific tax rules in respect of the commercialization of the Canadian Wheat Board, including a tax deferral for eligible farmers;
(f) permitting registered charities and registered Canadian amateur athletic associations to hold limited partnership interests;
(g) providing an exemption to the withholding tax requirements for payments by qualifying non-resident employers to qualifying non-resident employees;
(h) limiting the circumstances in which the repeated failure to report income penalty will apply;
(i) permitting the sharing of taxpayer information within the Canada Revenue Agency to facilitate the collection of certain non-tax debts; and
(j) permitting the sharing of taxpayer information with the Office of the Chief Actuary.
Part 2 implements certain goods and services tax/harmonized sales tax (GST/HST) measures proposed in the March 22, 2016 budget by
(a) adding insulin pens, insulin pen needles and intermittent urinary catheters to the list of GST/HST zero-rated medical and assistive devices;
(b) clarifying that GST/HST generally applies to supplies of purely cosmetic procedures provided by all suppliers, including registered charities;
(c) relieving tax to ensure that when a charity makes a taxable supply of property or services in exchange for a donation and an income tax receipt may be issued for a portion of the donation, only the value of the property or services supplied is subject to GST/HST;
(d) ensuring that interest earned in respect of certain deposits is not included in determining whether a person is considered to be a financial institution for GST/HST purposes; and
(e) clarifying the treatment of imported reinsurance services under the GST/HST imported supply rules for financial institutions.
Part 2 also implements other GST/HST measures confirmed in the March 22, 2016 budget by
(a) adding feminine hygiene products to the list of GST/HST zero-rated products; and
(b) permitting the sharing of taxpayer information in respect of non-tax debts within the Canada Revenue Agency under certain federal and provincial government programs and in respect of certain programs where information sharing is currently permitted under the Income Tax Act.
Part 3 implements certain excise measures proposed in the March 22, 2016 budget by
(a) ensuring that excise tax relief for diesel fuel used as heating oil or to generate electricity is targeted to specific instances; and
(b) enhancing certain security and collection provisions in the Excise Act, 2001.
Part 3 also implements other excise measures confirmed in the March 22, 2016 budget by permitting the sharing of taxpayer information in respect of non-tax debts within the Canada Revenue Agency under certain federal and provincial government programs and in respect of certain programs where information sharing is currently permitted under the Income Tax Act.
Division 1 of Part 4 repeals the Federal Balanced Budget Act.
Division 2 of Part 4 amends the Canadian Forces Members and Veterans Re-establishment and Compensation Act to, among other things,
(a) replace “permanent impairment allowance” with “career impact allowance”;
(b) replace “totally and permanently incapacitated” with “diminished earning capacity”;
(c) increase the percentage in the formula used to calculate the earnings loss benefit;
(d) specify when a disability award becomes payable and clarify the formula used to calculate the amount of a disability award;
(e) increase the amounts of a disability award; and
(f) increase the amount of a death benefit.
In addition, it contains transitional provisions that provide, among other things, that the Minister of Veterans Affairs must pay, to a person who received a disability award or a death benefit under that Act before April 1, 2017, an amount that represents the increase in the amount of the disability award or the death benefit, as the case may be. It also makes consequential amendments to the Children of Deceased Veterans Education Assistance Act, the Pension Act and the Income Tax Act.
Division 3 of Part 4 amends the sunset provisions of certain Acts governing federal financial institutions to extend by two years, namely, from March 29, 2017 to March 29, 2019, the period during which those institutions may carry on business.
Division 4 of Part 4 amends the Bank Act to facilitate the continuance of local cooperative credit societies as federal credit unions by granting the Minister of Finance the authority to provide transitional procedural exemptions, as well as a loan guarantee.
Division 5 of Part 4 amends the Canada Deposit Insurance Corporation Act to, among other things, broaden the Corporation’s powers to temporarily control or own a domestic systemically important bank and to convert certain shares and liabilities of such a bank into common shares.
It also amends the Bank Act to allow the designation of domestic systemically important banks by the Superintendent of Financial Institutions and to require such banks to maintain a minimum capacity to absorb losses.
Lastly, it makes consequential amendments to the Financial Administration Act, the Winding-up and Restructuring Act and the Payment Clearing and Settlement Act.
Division 6 of Part 4 amends the Office of the Superintendent of Financial Institutions Act to change the membership of the committee established under that Act so that the Chairperson of the Canada Deposit Insurance Corporation is replaced by that Corporation’s Chief Executive Officer. It also amends several Acts to replace references to that Chairperson with references to that Chief Executive Officer.
Division 7 of Part 4 amends the Federal-Provincial Fiscal Arrangements Act to authorize an additional payment to be made to a territory, in order to take into account the amount of the territorial formula financing payment that would have been paid to that territory for the fiscal year beginning on April 1, 2016, if that amount had been determined using the recalculated amount determined to be the gross expenditure base for that fiscal year.
Division 8 of Part 4 amends the Financial Administration Act to restrict the circumstances in which the Governor in Council may authorize the borrowing of money without legislative approval.
Division 9 of Part 4 amends the Old Age Security Act to increase the single rate of the guaranteed income supplement for the lowest-income pensioners by up to $947 annually and to repeal section 2.‍2 of that Act, which increases the age of eligibility to receive a benefit.
Division 10 of Part 4 amends the Special Import Measures Act to provide that a finding by the President of the Canada Border Services Agency of an insignificant margin of dumping or an insignificant amount of subsidy in respect of goods imported into Canada will no longer result in the termination of a trade remedy investigation prior to the President’s preliminary determination. It also provides that expiry reviews may be initiated from a date that is closer to the expiry date of an anti-dumping or countervailing measure and makes amendments related to that new time period.
Division 11 of Part 4 amends the Pension Benefits Standards Act, 1985 to combine the authorities for bilateral agreements and multilateral agreements into one authority for federal-provincial agreements, and to clarify that federal-provincial agreements may permit the application of provincial legislation with respect to a pension plan.
Division 12 of Part 4 amends the Employment Insurance Act to, among other things,
(a) increase, until July 8, 2017, the maximum number of weeks for which benefits may be paid to certain claimants in certain regions;
(b) eliminate the category of claimants who are new entrants and re-entrants; and
(c) reduce to one week the length of the waiting period during which claimants are not entitled to benefits.
Division 13 of Part 4 amends the Canada Marine Act to allow the Minister of Canadian Heritage to make payments to Canada Place Corporation for certain celebrations.
Division 14 of Part 4 amends the Jobs, Growth and Long-term Prosperity Act to authorize the Minister of Infrastructure, Communities and Intergovernmental Affairs to acquire the shares of PPP Canada Inc. on behalf of Her Majesty in right of Canada. It also sets out that the appropriate Minister, as defined in the Financial Administration Act, holds those shares and authorizes that appropriate Minister to conduct, with the Governor in Council’s approval, certain transactions relating to PPP Canada Inc. Finally, it authorizes PPP Canada Inc. and its wholly-owned subsidiaries to sell, with the Governor in Council’s approval, their assets in certain circumstances.
Division 15 of Part 4 amends the Canada Foundation for Sustainable Development Technology Act to modify the process that leads to the Governor in Council’s appointment of persons to the board of directors of the Canada Foundation for Sustainable Development Technology by eliminating the role of the Minister of Natural Resources and the Minister of the Environment as well as the consultative role of the Minister of Industry from that process. It also amends the Budget Implementation Act, 2007 to provide that a sum may be paid out of the Consolidated Revenue Fund to the Foundation on the requisition of the Minister of Industry and to clarify the maximum amount of that sum.

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-15s:

C-15 (2025) Law Budget 2025 Implementation Act, No. 1
C-15 (2022) Law Appropriation Act No. 5, 2021-22
C-15 (2020) Law United Nations Declaration on the Rights of Indigenous Peoples Act
C-15 (2020) Law Canada Emergency Student Benefit Act

Votes

June 13, 2016 Passed That the Bill be now read a third time and do pass.
June 8, 2016 Passed That Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on March 22, 2016 and other measures, {as amended}, be concurred in at report stage [with a further amendment/with further amendments] .
June 8, 2016 Failed
June 8, 2016 Failed
June 8, 2016 Failed
May 10, 2016 Passed That the Bill be now read a second time and referred to the Standing Committee on Finance.
May 10, 2016 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-15, An Act to implement certain provisions of the budget tabled in Parliament on March 22, 2016 and other measures, since the bill does not support the principles of lower taxes, balanced budgets and job creation, exemplified by, among other things, repealing the Federal Balanced Budget Act.”.
May 10, 2016 Passed That, in relation to Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on March 22, 2016 and other measures, not more than one further sitting day 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 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.

Budget Implementation Act, 2016, No. 1Government Orders

June 7th, 2016 / 4 p.m.

Liberal

Dan Vandal Liberal Saint Boniface—Saint Vital, MB

Mr. Speaker, I did have the opportunity to also speak to the hon. member for Elmwood—Transcona about the Louise Bridge earlier in the year and I know he is a big proponent for that, as is the councillor for Elmwood, I believe.

Having been a councillor for many years, I understand the problem is that there are simply too many priorities and not enough funding resources at the city to take care of all the priorities. That is why it is so very important for the federal government to make good on its infrastructure commitments. We have introduced the largest infrastructure program ever, $120 billion over the course of 10 years.

Certainly I know a huge liability in the city of Winnipeg is riverbank protection and I believe that we would be willing to sit down and discuss those options with our provincial government, as well as our municipal government, to see what is achievable and what can be done.

Budget Implementation Act, 2016, No. 1Government Orders

June 7th, 2016 / 4 p.m.

Liberal

David Graham Liberal Laurentides—Labelle, QC

Mr. Speaker, I would like to congratulate the member from Saint-Boniface—Saint-Vital on his speech.

I would like him to know that one of his predecessors, Ronald J. Duhamel, profoundly influenced my political career at a very early age.

Could my colleague elaborate a little on the impact of the measures on infrastructure and youth in his riding? How will they help his community?

Budget Implementation Act, 2016, No. 1Government Orders

June 7th, 2016 / 4 p.m.

Liberal

Dan Vandal Liberal Saint Boniface—Saint Vital, MB

As I have mentioned before, Mr. Speaker, Saint Boniface and the whole of Winnipeg have serious infrastructure problems.

As a former city councillor for several years, I know that several projects are in greater need of assistance than money. The government of Canada must work hand in hand with the City of Winnipeg and provincial authorities on all sorts of projects, from roads to alleys, and bridges to bicycle paths. That is how we will create jobs.

I want to make sure that, as we create jobs to restore our infrastructure, we hire young people from the community so they may gain experience and put food on the table.

Budget Implementation Act, 2016, No. 1Government Orders

June 7th, 2016 / 4 p.m.

NDP

Pierre-Luc Dusseault NDP Sherbrooke, QC

Mr. Speaker, I thank my colleague for his speech. I also want to ask him about the definition of middle class, which the government has yet to clarify.

The government refuses to say what it considers to be the middle class, for the purposes of the so-called tax cut for the middle class. Some of my colleagues already mentioned that someone would have to earn $23 an hour and work full time in order to be eligible for a tax cut under the Liberals' tax plan. Could the member at least tell us what he considers to be the middle class? If someone earns $21 an hour and works full time, would they be in the middle class?

Budget Implementation Act, 2016, No. 1Government Orders

June 7th, 2016 / 4 p.m.

Liberal

Dan Vandal Liberal Saint Boniface—Saint Vital, MB

Mr. Speaker, what is very clear is that, if a Canadian earns between $44,000 and $90,000 a year, he or she will receive a property-tax cut. That is very clear and this measure will apply to more than nine million Canadians in our great country. This will be a real benefit to nine million Canadians.

Budget Implementation Act, 2016, No. 1Government Orders

June 7th, 2016 / 4 p.m.

Conservative

Dan Albas Conservative Central Okanagan—Similkameen—Nicola, BC

Mr. Speaker, I am very pleased to be here with all members of Parliament.

It is an honour for me to rise on behalf of the citizens of Central Okanagan—Similkameen—Nicola.

Today I will focus on Bill C-15.

The title of the bill is an act to implement certain provisions of the budget tabled in Parliament on March 22, 2016 and other measures.

There are a number of items in the bill. Again, previous members have pointed out that the budget implementation act, like most budget implementation acts, tries to amend multiple different bills, and there are 35 different pieces of legislation in the bill.

I would first like to thank the government for hosting a technical briefing that went through each section. I also want to thank the government for ensuring it was not in a small hot room, as it has been in previous years. Those technical briefings are very important when we talk about larger pieces of legislation.

I will be critiquing the legislation and speaking directly to items that are in it. Hopefully, on the particular argument I will be making today, the government will have the ears to listen and consider some of the things this member of Parliament has to say on behalf of his constituents.

I would first like to start with the bail-in legislation.

Division 5 of part 4 amends the Canada Deposit Insurance Corporation Act to, among other things, broaden the corporation's powers to temporarily control or own a domestic systemically important bank and to convert certain shares and liabilities of such a bank into common shares.

It also amends the Bank Act to allow the designation of domestic systemically important banks by the Superintendent of Financial Institutions and to require such banks to maintain a minimum capacity to absorb losses.

Specifically on the bail-in legislation, the idea arose in Pittsburgh as part of the G7 discussions on how best for us to tackle the issue of failing banks. In 2007-08, Canada was very fortunate that all of our banks were sufficiently stable. Our country should be very proud of that. However, we have heard that things can always be made better, and I am a big believer in that. The prime minister of the day had suggested that we look at bail-in legislation.

One of the things I have been fortunate to learn in the finance committee, through the officials who were there and through the technical briefing the government gave, is there are some unintended consequences. Although it has been thought of, and this was confirmed by government officials, it has not been thought of in the legislation. New instruments will be sold in secondary markets. What that means is some people will hold short or long positions on the viability of our banks. The question is whether they are bailed-in or not.

This happens all the time. These kinds of instruments are traded by very sophisticated people, and that is par for the course. However, on the same token, more and more Canadians are heavily invested, whether through mutual funds or pension funds, because the stock market offers a better rate of return oftentimes, given our considerably low interest rates. Obviously, the more money there is in the stock market, whether through mutual funds, RRSPs, tax-free savings accounts, etc., the more risk there can be.

The government has time and again, and quite rightly, said that depositors should not worry if there is an issue with a bail-in, and I would like to reaffirm that. However, because more and more people are going to be trading these new instruments, shorting and taking long positions, and because more people, and particularly pension funds, are investing in them, it is important for the Office of the Superintendent of Financial Institutions to start publicly tabling the stress tests. The reason for that is simple. We understand there will be these actions in the secondary market. We understand that people and pension funds, which are a larger part of that capital asset allocation, should be able to have that information. It should be transparent. I believe if the government looks at it, it would find that would work.

I would also like to speak about section 9.

Division 9 of part 4 amends the Old Age Security Act to increase the single rate of the guaranteed income supplement for the lowest-income pensioners by up to $947 annually and to repeal section 2.2 of that act, which increases the age of eligibility to receive a benefit.

The reason I would like to talk about those two things is, as a Conservative, I believe there is a direction the government is going in. I also like to say from time to time that good politics is a destination, but good policy often, though, is a direction. While the government campaigned on a promise to restore old age security eligibility from 67 to 65, it was good politics and, therefore, a destination. I do not believe it is good policy for our country.

The reason I say this is that in the last Parliament, there was much ado about a parliamentary budget office report, when the parliamentary budget officer said that with the changes the previous government had made to the health accord, instead of continuing on a 6% escalator until forever, it was affordable for not bumping old age security up to 67. The Liberal government has reversed that, so in 2023 or 2029, when it was originally to take place, that will not happen. People will continue to be eligible at age 65. Contrary to what other countries, such as Japan and the United States, are doing, eventually we are going to have to tackle our demographics.

Previous prime ministers, such as Mulroney, Chrétien, and Martin, all put forward ideas on how to address the coming demographics, particularly vis-à-vis old age security. The previous government took action in a way that allowed people to change their behaviours over a period of time. That will be reversed in this budget implementation act, and that is the wrong place to go. We want people thinking about saving. No one likes the idea of having to work longer, but we are living longer, so there should be some adjustment.

On the topic of the guaranteed income supplement, I am not a big fan of deficits. In fact, will be voting against budgets like this, but I will give some credit. Helping those who are most in need, particularly widowed female seniors, will be a big help. It may undercut the finance minister's discussion on enhancing the CPP, because people in that area, the academic reports had shown, were the most at risk. That undercuts the need to make further reforms, at least on that premise.

Lastly, in the budget document there was some talk about credit unions, particularly when it came to international FATCA rules. FATCA was a big issue in the last Parliament. However, more or less, Canadian institutions, all shapes and sizes, have been able to follow up with it. Now the government is talking with other governments about offshore tax evasion, bringing international FATCA regulations, a different regime, to Canada, whether a small institution has sufficient foreign nationals investing their money and a large percentage is not.

I am afraid we will end up with an administratively burdensome system, one that does not actually reflect the needs. There is a very small credit union in Summerland. It has a very small staff and is compliant in all things, but a proper risk assessment should be taken when we talk about these international FATCA rules.

I hope the government reflects upon some of my criticisms and, hopefully, in future legislation, some of my concerns will be dealt with. With regard to things like old age security, we all want a great system, where people can retire with dignity, but we have to ensure it is sustainable for the long term.

Budget Implementation Act, 2016, No. 1Government Orders

June 7th, 2016 / 4:10 p.m.

Liberal

David Graham Liberal Laurentides—Labelle, QC

Mr. Speaker, I would like to congratulate my colleague from Central Okanagan—Similkameen—Nicola on his speech and on his efforts to speak French. I commend him for that.

My colleague spoke of the political implications of increasing the retirement age from 65 to 67 and of bringing it back to 65. Yesterday, one of his colleagues told me that, if we keep the age of retirement at 67, the provinces will take care of our seniors from the time they are 65 until they turn 67. If you ask me, this is just another way to download costs onto the provinces. I believe it is very important to keep the retirement age at 65, protect our seniors, and prevent them from slipping into poverty.

Budget Implementation Act, 2016, No. 1Government Orders

June 7th, 2016 / 4:15 p.m.

Conservative

Dan Albas Conservative Central Okanagan—Similkameen—Nicola, BC

Mr. Speaker, we cannot run away from our demographics. I appreciate the seriousness of the question. This is actually unfolding the way a debate should; we are talking about important issues.

When it comes to our demographics, we are living longer and living healthier. We should celebrate that fact. However, we should also be making sure that our government institutions are moving in lockstep with that. Many advanced countries, such as Japan and the United States, have already tackled this issue. In some cases, they have actually pegged it so that when the average lifespan increases, so does the retirement age. If the current government does not like the form of the change that was proposed by the previous government, I hope the member opposite will say that he believes that we also need to tackle these demographics, especially given low growth and low interest rates. We have to be able to show that we can move with the times and make sure that all seniors, whether current seniors or seniors 50 years or 100 years from now, can retire with dignity.

Budget Implementation Act, 2016, No. 1Government Orders

June 7th, 2016 / 4:15 p.m.

NDP

Pierre Nantel NDP Longueuil—Saint-Hubert, QC

I thank my colleague for his speech, Mr. Speaker.

Despite having closely followed the debates in the House these last two days, I have not heard a single, clear answer as to why the Liberals broke their campaign promise to lower taxes for small and medium-sized businesses.

Has my colleague heard a satisfactory answer or does he believe the government simply backed out hoping no one would notice?

Budget Implementation Act, 2016, No. 1Government Orders

June 7th, 2016 / 4:15 p.m.

Conservative

Dan Albas Conservative Central Okanagan—Similkameen—Nicola, BC

Mr. Speaker, the government has clearly made it a non-priority. That speaks volumes. It does not matter what other members have to say about it. The government's non-action speaks louder. I would simply suggest that the government does not feel that the lowering of that tax rate from 11% to 8% that was promised by all parties needs to be honoured. I am not sure if it feels that this constituency is doing well enough or if it does not believe that it should follow up on its promises, but governing involves making decisions, and the Liberals have made theirs.

Budget Implementation Act, 2016, No. 1Government Orders

June 7th, 2016 / 4:15 p.m.

NDP

Pierre-Luc Dusseault NDP Sherbrooke, QC

Mr. Speaker, I would like to get back to old age security, to which the member devoted much of his speech.

I have not heard my colleague mention a single study showing that the Canada pension plan would be in trouble if we did not raise the age of eligibility for OAS. By contrast, several studies have shown that keeping the retirement age at 65 would not jeopardize the CPP.

I would like my colleague to identify at least one study showing that the government had an obligation to raise the age of eligibility to old age security in order for the system to be sustainable.

Budget Implementation Act, 2016, No. 1Government Orders

June 7th, 2016 / 4:15 p.m.

Conservative

Dan Albas Conservative Central Okanagan—Similkameen—Nicola, BC

Mr. Speaker, I was not sure if the member was speaking specifically to the Canada pension plan or old age security. What I will say, and what I did mention in my speech, is that the parliamentary budget officer put out a statement saying that the changes to the health accord allow for the age of retirement to stay at 65 on a long-term basis. Stephen Gordon, who is a professor at Laval University, did a blog post on that particular subject and found that if the parliamentary budget officer's assumptions were off by 0.01%, so we are talking about less than 1%, then the whole rationale would be off.

Now the Liberals are speaking about a new health accord, which increases costs. They are talking about bringing old age security back to its original age. On top of that, we see things like wildfires in Alberta and flooding in Alberta, Manitoba, and Saskatchewan, and so forth. These unforeseen events have a real cost for the government. Obviously, the federal government is the only government agency that is able to span those losses and come to the table to help those provinces. It is a delicate balance when we are talking about these razor thin margins. I think the government is playing too loose a game.

Budget Implementation Act, 2016, No. 1Government Orders

June 7th, 2016 / 4:20 p.m.

The Assistant Deputy Speaker Anthony Rota

It is my duty, pursuant to Standing Order 38, to inform the House that the questions to be raised tonight at the time of adjournment are as follows: the hon. member for Desnethé—Missinippi—Churchill River, Health; the hon. member for Saanich—Gulf Islands, Railway Transportation; the hon. member for Vancouver East, Transport.

Budget Implementation Act, 2016, No. 1Government Orders

June 7th, 2016 / 4:20 p.m.

Liberal

Deb Schulte Liberal King—Vaughan, ON

Mr. Speaker, I am rising today to talk about the federal budget 2016.

This being my first speech in the House, I would like to begin by thanking the wonderful people of King—Vaughan for placing their trust in me. Serving as their representative is an honour, one I take very seriously. I also want to thank my supporters, who worked so hard through my nomination and the long election campaign. It was during this campaign that I came to fully appreciate the challenges and opportunities across my large and diverse new riding. Finally, I need to publicly thank my family members for their support, patience, and understanding. They have made this challenging transition to life in two locations manageable. As everyone ever elected to this House knows, the unsung heroes of parliamentary life are our families, who shoulder additional burdens maintaining a home and family while we immerse ourselves in becoming effective representatives.

From my seat in the far corner, in a spot where I look out upon everyone in this chamber, a new MP cannot help but quickly gain perspective, perspective on the formidable but resolvable challenges facing the country, perspective on the impressive talents and breadth of experience members from all parties bring to the national debate. Let us not forget that our time here is brief. Serious issues are confronting Canadians. Let us be bold enough, wise enough, and selfless enough to do what is right rather than what appears to be politically opportune.

With that perspective, I want to use my maiden speech to reflect upon the government's budget as it relates to my constituents, the diverse, compassionate, and hard-working people of King—Vaughan. Succinctly, this budget is about people. It is a transformative plan for investments in our families, communities, and Canada.

My riding is both urban and rural. In the south, there is a rapidly growing suburb transitioning to a more urban context. The northern portion has small towns in an agricultural setting. However, some of those small towns are now transitioning to a suburban context. It is a multi-ethnic mix, and overall, it has been a story of success, with native-born Canadians and immigrants together striving for and achieving prosperity and security and growing desirable communities.

Overshadowing the success stories, however, is a looming challenge. Housing affordability has become precarious, especially for young families and seniors. Without solid economic growth bringing high-quality jobs and good rates of return on investments, many will have trouble meeting the high cost of home ownership in my riding in the years to come.

During the campaign, when I knocked on doors, parents told me that they need more money in their pockets. Seniors told me that they could not keep up with the rising cost of living in their homes. They wanted to stay in their homes but were worried that the money was not going to last. Youth told me that rising university and college costs were making it difficult to invest in their futures, and the lack of good-paying jobs made it difficult to pay off their student debt. Everywhere in King and Vaughan, people were concerned about the congestion on the roads and the lack of accessible transit options.

However, I believe that the government's priorities will help address my constituents' concerns, both in the near and long term. This budget builds on our campaign promises. We promised to strengthen the middle class. When we have a strong middle class contributing to our economy and communities, everyone benefits. With our tax cut, we will put money back into the pockets of middle-class Canadians. It is well understood that the majority of those benefiting will spend it right back in their communities, supporting local businesses and their families, fuelling growth.

With the new Canada child benefit, nine out of ten families will get more help than they do under existing programs, and that benefit will be tax-free. This program is the most significant social policy innovation in a generation and will lift hundreds of thousands of kids out of poverty.

As important as those tax cuts and the new child benefit will be for my riding, ensuring future prosperity and quality of life will largely depend on wise public infrastructure investments in roads, transit, housing, water and waste water services, and communications. It is the smart thing to do, and it is a two-birds-with-one-stone initiative. Good middle-class jobs, necessary to support a family, will flow as major projects move forward. These improved services will further attract employers and more investment.

However, this is not just spending to create jobs. This spending is long overdue. Woefully inadequate infrastructure in my riding already hampers economic activity and decreases quality of life. Ask any of my constituents about traffic congestion and one will get an earful, and rightly so.

Before becoming a member of Parliament, I was a regional councillor in the City of Vaughan and York Region. I was well aware of how important it was for York Region to have strong representatives and a good partnership with both provincial and federal governments to help invest in infrastructure solutions. We asked the federal government to be a true partner, invest a third, and lift restrictions that did not work in the best interests of municipalities.

I am delighted to see the government listening to the needs of municipalities and committing to invest as an equal partner and lift the P3 restriction. I am now privileged to be one of those strong voices in Ottawa, and I am pleased to see funding being committed for important transformative projects, not just in my riding but across the country.

Helping to protect the local environment first drew me to becoming involved in public affairs. I am honoured to be the chair of the Standing Committee on Environment and Sustainable Development and have the opportunity to work with experienced and knowledgeable colleagues as we transition towards a more sustainable, clean, and green economy while protecting our environment and our health.

Those of us living in quickly growing suburban communities, areas that are facing pressure to expand and consume ever more farm land, areas where everyday life often seems centred around our automobiles, have a particular challenge in helping Canada get on with the transition to a more sustainable future. When we envision a sustainable future and plan for that future, and take concrete steps to make it happen, we reduce the economic burden our grandchildren will have to bear.

The good news is that people within my community will benefit at every turn from this transition. When we move to new, innovative forms of energy, high-skilled jobs will come. When we build efficient transportation mechanisms, we will get cars off the road and shorten commute times, benefiting everyone trying to get home to see their kids' soccer games or to just spend more quality time at home with family and friends.

When the government puts forward its new innovation agenda, which will outline a new vision for Canada's economy as a centre of global innovation, King—Vaughan will be ready to take advantage of these opportunities, and it has the workforce ready to play its part. All that makes sense in King—Vaughan, a region dedicated to providing good opportunities and a good quality of life for current and future generations.

Canada's future depends on ensuring that our children get the education and skills necessary for their success. However, post-secondary education is becoming increasingly expensive. The government recognizes that it must do its part to make post-secondary education more accessible. I am very proud of the program so far to help our youth, and I look forward to more in the future.

At the opposite end of the age spectrum, too many Canadians find it impossible to save enough before reaching retirement age. Too many of our seniors live in poverty, particularly our single seniors. The minister is committed to working with his provincial and territorial counterparts to enhance the Canada pension plan before the end of the year, which will go a long way to improving the future for seniors.

In this budget, the government is increasing the guaranteed income supplement for single seniors, and this will improve the financial security of about 900,000 of our most vulnerable single seniors in Canada. We will see investments in social infrastructure funding for seniors housing and affordable housing.

I want to touch on what the government has committed to for small business.

Budget 2016 supports Canada's innovators and entrepreneurs. It gives them the help they need to access expertise, identify new markets, and scale up for future growth.

Small businesses are the backbone of my riding. What I have heard from small business owners is that they need customers with money in their pockets. This is what will drive our economy. The middle-class tax cut and the Canada child benefit will do just that. It will ultimately put more money in the hands of small business.

If members spend any time at all in King—Vaughan, they will see that people from right across the world have settled there. It is a microcosm of Canada. My constituents come from just about every country and speak about 100 different languages. We obviously have many different backgrounds, but we share this in common: we came to Canada at some time in our family history for peace and opportunity.

The riding demonstrates what I think is one of the fundamental truths about our country: we are stronger because of our diversity. The diversity King—Vaughan offers Canada is also offered to the rest of the world. My constituents have the requisite contacts, language skills, business interests, religious associations, and most of all, desire to weigh in and contribute.

The government's action in seeking to address past wrongs and current shortcomings with our first nations communities, working in equal partnership with them, is perhaps the most crucial step in celebrating and maximizing the potential Canada's diversity brings in growing our economy.

Like all members of this House, I am extremely proud of my community. Some members will know of our attractions: Canada's Wonderland, the Canadian McMichael Art Collection, and the villages of Schomberg and Kleinburg. However, I am especially proud of our people. I am not sure if there is a more generous community in Canada. I cannot keep up with all the fundraising and volunteering efforts going on every week.

I will conclude by reiterating that I am proud of this budget and believe that it is an important step in putting Canada on a path to a bright and sustainable future. We have seized the opportunity to invest in our people, offered immediate help to those who need it most, and invested in future growth that will benefit all Canadians.

Budget Implementation Act, 2016, No. 1Government Orders

June 7th, 2016 / 4:30 p.m.

Conservative

Tom Kmiec Conservative Calgary Shepard, AB

Mr. Speaker, this is a question I have asked before in the House to members of the government and members of the government caucus, as well.

In the budget implementation act and the budget document, in annex 1, on page 240, when we look at the child benefit program and the total amount the government will spend on this over the timeline presented in the budget, the numbers actually begin to go down after fiscal year 2017-18 and drop every single year until 2020-21. I would like to hear from the member an explanation for why that is.

Is it because the government intends not to adjust for inflation? Does it intend to lower the benefit, or does it simply believe that Canadian families will be making a higher income and therefore will not qualify for the child benefit program being proposed in the budget?

I would like to hear the member's explanation for these numbers.