Bill C-74 (Historical)

Budget Implementation Act, 2018, No. 1

An Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures

Part 1 implements certain income tax measures proposed or referenced in the February 27,2018 budget by
(a) ensuring appropriate tax treatment of amounts received under the Veterans Well-being Act;
(b) exempting from income amounts received under the Memorial Grant for First Responders;
(c) lowering the small business tax rate and making consequential adjustments to the dividend gross-up factor and dividend tax credit;
(d) reducing the business limit for the small business deduction based on passive income and restricting access to dividend refunds on the payment of eligible dividends;
(e) preventing the avoidance of tax through income sprinkling arrangements;
(f) removing the risk score requirement and increasing the level of income that can be deducted for Canadian armed forces personnel and police officers serving on designated international missions;
(g) introducing the Canada Workers Benefit;
(h) expanding the medical expense tax credit to recognize expenses incurred in respect of an animal specially trained to perform tasks for a patient with a severe mental impairment;
(i) indexing the Canada Child Benefit as of July 2018;
(j) extending, for one year, the mineral exploration tax credit for flow-through share investors;
(k) extending, by five years, the ability of a qualifying family member to be the plan holder of an individual’s Registered Disability Savings Plan;
(l) allowing transfers of property from charities to municipalities to be considered as qualifying expenditures for the purposes of reducing revocation tax;
(m) ensuring that appropriate taxpayers are eligible for the Canada Child Benefit and that information related to the Canada Child Benefit can be shared with provinces and territories for certain purposes; and
(n) extending, by five years, eligibility for Class 43.‍2.
Part 2 implements certain excise measures proposed in the February 27,2018 budget by
(a) advancing the existing inflationary adjustments for excise duty rates on tobacco products to occur on an annual basis rather than every five years; and
(b) increasing excise duty rates on tobacco products to account for inflation since the last inflationary adjustment in 2014 and by an additional $1 per carton of 200 cigarettes, along with corresponding increases to the excise duty rates on other tobacco products.
Part 3 implements a new federal excise duty framework for cannabis products proposed in the February 27,2018 budget by
(a) requiring that cannabis cultivators and manufacturers obtain a cannabis licence from the Canada Revenue Agency;
(b) requiring that all cannabis products that are removed from the premises of a cannabis licensee to be entered into the Canadian market for retail sale be affixed with an excise stamp;
(c) imposing excise duties on cannabis products to be paid by cannabis licensees;
(d) providing for administration and enforcement rules related to the excise duty framework;
(e) providing the Governor in Council with authority to provide for an additional excise duty in respect of provinces and territories that enter into a coordinated cannabis taxation agreement with Canada; and
(f) making related amendments to other legislative texts, including ensuring that any sales of cannabis products that would otherwise be considered as basic groceries are subject to the GST/HST in the same way as sales of other types of cannabis products.
Part 4 amends the Pension Act to authorize the Minister of Veterans Affairs to waive, in certain cases, the requirement for an application for an award under that Act.
It also amends the Veterans Well-being Act to, among other things,
(a) replace the earnings loss benefit, career impact allowance, supplementary retirement benefit and retirement income security benefit with the income replacement benefit;
(b) replace the disability award with pain and suffering compensation; and
(c) create additional pain and suffering compensation.
Finally, it makes consequential amendments to other Acts.
Part 5 enacts the Greenhouse Gas Pollution Pricing Act and makes the Fuel Charge Regulations.
Part 1 of that Act sets out the regime for a charge on fossil fuels. The fuel charge regime provides that a charge applies, at rates set out in Schedule 2 to that Act, to fuels that are produced, delivered or used in a listed province, brought into a listed province from another place in Canada, or imported into Canada at a location in a listed province. The fuel charge regime also provides relief from the fuel charge, through rebate and exemption certificate mechanisms, in certain circumstances. The fuel charge regime also sets out the registration requirements for persons that carry out certain activities relating to fuels subject to the charge. Part 1 of that Act also contains administrative provisions and enforcement provisions, including penalties, offences and collection provisions. Part 1 of that Act also sets out a mechanism for distributing revenues from the fuel charge. Part 1 of that Act also provides the Governor in Council with authority to make regulations for purposes of that Part, including the authority to determine which province, territory or area is a listed province for purpose of that Part.
Part 2 of that Act sets out the regime for pricing industrial greenhouse gas emissions. The industrial emissions pricing regime requires the registration of any facility that is located in a province or area that is set out in Part 2 of Schedule 1 to that Act and that either meets criteria specified by regulation or voluntarily joins the regime. The industrial emissions pricing regime requires compliance reporting with respect to any facility that is covered by the regime and the provision of compensation for any amount of a greenhouse gas that the facility emits above the applicable emissions limit during a compliance period. Part 2 of that Act also sets out an information gathering regime, administrative powers, duties and functions, enforcement tools, offences and related penalties, and a mechanism for distributing revenues from the industrial emissions pricing regime. Part 2 of that Act also provides the Governor in Council with the authority to make regulations for the purposes of that Part and the authority to make orders that amend Part 2 of Schedule 1 by adding, deleting or amending the name of a province or the description of an area.
Part 3 of that Act authorizes the Governor in Council to make regulations that provide for the application of provincial laws concerning greenhouse gas emissions to works, undertakings, lands and waters under federal jurisdiction.
Part 4 of that Act requires the Minister of the Environment to prepare an annual report on the administration of the Act and to cause it to be tabled in each House of Parliament.
Part 6 amends several Acts in order to implement various measures.
Division 1 of Part 6 amends the Financial Administration Act to establish the office of the Chief Information Officer of Canada and to provide that the President of the Treasury Board is responsible for the coordination of that Officer’s activities with those of the other deputy heads of the Treasury Board Secretariat. It also amends the Act to ensure Crown corporations with no borrowing authority are able to continue to enter into leases and to specify that leases are not considered to be transactions to borrow money for the purposes of Crown corporations’ statutory borrowing limits.
Division 2 of Part 6 amends the Canada Deposit Insurance Corporation Act in order to modernize and enhance the Canadian deposit insurance framework to ensure it continues to meet its objectives, including financial stability.
Division 3 of Part 6 amends the Federal-Provincial Fiscal Arrangements Act to renew Fiscal Equalization Payments to the provinces and Territorial Formula Financing Payments to the territories for a five-year period beginning on April 1,2019 and ending on March 31,2024, and to authorize annual transition payments of $1,270,000 to Yukon and $1,744,000 to the Northwest Territories for that period. It also amends the Act to allow Canada Health Transfer deductions to be reimbursed when provinces and territories have taken the steps necessary to eliminate extra-billing and user fees in the delivery of public health care.
Division 4 of Part 6 amends the Bank of Canada Act to ensure that the Bank of Canada may continue to buy and sell securities issued or guaranteed by the government of the United Kingdom if that country ceases to be a member state of the European Union.
Division 5 of Part 6 amends the Currency Act to expand the objectives of the Exchange Fund Account to include providing a source of liquidity for the government of Canada. It also amends that Act to authorize the payment of funds from the Exchange Fund Account into the Consolidated Revenue Fund.
Division 6 of Part 6 amends the Bank of Canada Act to require the Bank of Canada to make adequate arrangements for the removal from circulation in Canada of its bank notes that are worn or mutilated or that are the subject of an order made under paragraph 9(1)‍(b) of the Currency Act. It also amends the Currency Act to provide, among other things, that
(a) bank notes are current if they are issued under the authority of the Bank of Canada Act;
(b) the Governor in Council may, by order, call in certain bank notes; and
(c) bank notes that are called in by order are not current.
Division 7 of Part 6 amends the Payment Clearing and Settlement Act in order to implement a framework for resolution of clearing and settlement systems and clearing houses, and to protect information related to oversight, by the Bank of Canada, of clearing and settlement systems.
Division 8 of Part 6 amends the Canadian International Trade Tribunal Act to, among other things,
(a) create the position of Vice-chairperson of the Canadian International Trade Tribunal;
(b) provide that former permanent members of the Tribunal may be re-appointed to one further term as a permanent member; and
(c) clarify the rules concerning the interim replacement of the Chairperson of the Tribunal and provide for the interim replacement of the Vice-chairperson of the Tribunal.
Division 9 of Part 6 amends the Canadian High Arctic Research Station Act to, among other things, provide that the Canadian High Arctic Research Station is to be considered an agent corporation for the purpose of the transfer of the administration of federal real property and federal immovables under the Federal Real Property and Federal Immovables Act. It also provides that the Order entitled Game Declared in Danger of Becoming Extinct is deemed to have continued in force and to have continued to apply in Nunavut, as of April 1,2014.
Division 10 of Part 6 amends the Canadian Institutes of Health Research Act in order to separate the roles of President of the Canadian Institutes of Health Research and Chairperson of the Governing Council, to merge the responsibility to establish policies and to limit delegation of certain Governing Council powers, duties and functions to its members or committees or to the President.
Division 11 of Part 6 amends the Red Tape Reduction Act to permit an administrative burden imposed by regulations to be offset by the reduction of another administrative burden imposed by another jurisdiction if the reduction is the result of regulatory cooperation agreements.
Division 12 of Part 6 provides for the transfer of certain employees and disclosure of information to the Communications Security Establishment to improve cyber security.
Division 13 of Part 6 amends the Department of Employment and Social Development Act to provide the Minister of Employment and Social Development with legislative authority respecting service delivery to the public and to make related amendments to Parts 4 and 6 of that Act.
Division 14 of Part 6 amends the Employment Insurance Act to modify the treatment of earnings received by claimants while they are in receipt of benefits.
Division 15 of Part 6 amends the Judges Act to authorize the salaries for the following new judges, namely, six judges for the Ontario Superior Court of Justice, one judge for the Saskatchewan Court of Appeal, 39 judges for the unified family courts (as of April 1,2019), one judge for the Federal Court and a new Associate Chief Justice for the Federal Court. This division also makes consequential amendments to the Federal Courts Act.
Division 16 of Part 6 amends certain Acts governing federal financial institutions and related Acts to, among other things,
(a) extend the scope of activities related to financial services in which federal financial institutions may engage, including activities related to financial technology, as well as modernize certain provisions applicable to information processing and information technology activities;
(b) permit life companies, fraternal benefit societies and insurance holding companies to make long-term investments in permitted infrastructure entities to obtain predictable returns under the Insurance Companies Act;
(c) provide prudentially regulated deposit-taking institutions, such as credit unions, with the ability to use generic bank terms under the Bank Act, subject to disclosure requirements, as well as provide the Superintendent of Financial Institutions with additional enforcement tools under the Bank Act and the Office of the Superintendent of Financial Institutions Act, and clarify existing provisions of the Bank Act; and
(d) modify sunset provisions in certain Acts governing federal financial institutions to extend by five years, after the day on which this Act receives royal assent, the period during which those institutions may carry on business.
Division 17 of Part 6 amends the Western Economic Diversification Act to remove the requirement of the Governor in Council’s approval for the Minister of Western Economic Diversification to enter into an agreement with the government of a province, or with a provincial agency, respecting the exercise of the Minister’s powers and the carrying out of the Minister’s duties and functions.
Division 18 of Part 6 amends the Parliament of Canada Act to give each House of Parliament the power to make regulations related to maternity and parental arrangements for its own members.
Division 19 of Part 6 amends the Canada Pension Plan to, among other things,
(a) eliminate age-based restrictions on the survivor’s pension;
(b) fix the amount of the death benefit at $2,500;
(c) provide a benefit to disabled retirement pension beneficiaries under the age of 65;
(d) protect retirement and survivor’s pension amounts under the additional Canada Pension Plan for individuals who are disabled;
(e) protect benefit amounts under the additional Canada Pension Plan for parents with lower earnings during child-rearing years;
(f) maintain portability between the Canada Pension Plan and the Act respecting the Québec Pension Plan; and
(g) authorize the making of regulations to support the sustainability of the additional Canada Pension Plan.
Division 20 of Part 6 amends the Criminal Code to establish a remediation agreement regime. Under this regime, the prosecutor may negotiate a remediation agreement with an organization that is alleged to have committed an offence of an economic character referred to in the schedule to Part XXII.‍1 of that Act and the proceedings related to that offence are stayed if the organization complies with the terms of the agreement.

Budget Implementation Act, 2018, No. 1

[Pierre Nantel, NDP, Longueuil—Saint-Hubert, QC]

Madam Speaker, my colleague is all the more convincing because he is talking so loudly. At least it is entertaining.

I am sure those watching at home must feel sorry for the Liberals because they are constantly being told that they said all kinds of things during the campaign and that they are not keeping their promises, which is true.

A year ago, at the Montreal electric vehicle show, the Minister of Transport promised to establish a strategy for the electrification of transport, but there is nothing about that in this year's budget.

Can my colleague explain why there is nothing in the new budget about the electrification of transport?

[Kevin Lamoureux, Liberal, Winnipeg North, MB]

Madam Speaker, over the last couple of years the government has invested hundreds of millions. In particular, with regard to infrastructure and green technology, we have a government that has not only been talking about it but has committed millions going into hundreds of millions of dollars. Much of that money is going into our rural communities. In fact, we designated $2 billion of infrastructure dollars to go specifically for rural communities.

There are many different ideas out there. When it comes to public infrastructure, public transport, we would have to go back many years prior to see a government that has been more committed to advancing green technology and investing in Canada's public infrastructure and public transit.

[Harold Albrecht, Conservative, Kitchener—Conestoga, ON]

Madam Speaker, my colleague went on and on about how the Liberal government has delivered on its promises. Not so fast.

First of all, there was a promise to end omnibus bills and then a promise to end time allocation. There was a promise to give individual members of Parliament freedom of speech to represent their constituents and a promise to have only a $10-billion deficit this year. It is $22 billion.

How can we go on and on about delivering on promises when there are so many broken promises? When will the budget be balanced?

[Kevin Lamoureux, Liberal, Winnipeg North, MB]

Madam Speaker, when Stephen Harper inherited governance, he also inherited a multi-billion-dollar surplus. He converted that into a multi-billion-dollar deficit, and that was prior to the recession. The Conservative government continued to have deficits year after year, accumulating well over $150 billion. This government has nothing to learn or any advice to take from the Conservatives in dealing with how to manage a budget.

[Deepak Obhrai, Conservative, Calgary Forest Lawn, AB]

Madam Speaker, it is always nice to get up in the House and talk about sensible policies and not shout, the way my hon. colleague does, with all his fluff and bluff. I have been listening for the last 16 years. He was in the opposition, and now he is over there.

[The Assistant Deputy Speaker, NDP, Carol Hughes]

I would ask the hon. member to turn down the volume on his hearing piece. We are getting a lot of feedback.

[Deepak Obhrai, Conservative, Calgary Forest Lawn, AB]

Madam Speaker, it is all clear now, right? I was just trying to speak as loudly as he was speaking.

Today the Parliamentary Budget Officer issued his report. It is timely, as we are debating the budget bill. Of course, I would remind all my listeners out there that today the government brought in closure so it could stifle debate, because there are a lot of issues, as has been pointed out by the Parliamentary Budget Officer.

Very clearly, when the government was over there, it was telling Canadians that it would not increase the deficit by more than $10 billion and would be bringing in a balanced budget by 2019. These were the promises the Liberals made. Today the Parliamentary Budget Officer said quite clearly that everything they did was wrong. Their projections were wrong. The estimates are wrong. They are fooling Canadians by using different numbers. It is good that the Parliamentary Budget Officer talked about it today.

Most importantly, he talked about the carbon tax the Liberals are forcing on all Canadians and all the provinces, and the fact that the carbon tax is supposed to be good for the economy and the country. The Parliamentary Budget Officer has quite clearly stated that the way they are going is not the right approach.

Let me be very clear on one issue in reference to carbon taxes. All of us want clean air. All of us look out for the environment. We live in this country. It is our environment. We want a clean environment, but not the way the Liberals are going, by forcing carbon taxes on provinces that do not want them. Saskatchewan does not want it, and the, hopefully, Conservative government in Ontario does not want it. The, hopefully, Conservative government, in Alberta does not want it. Then, lo and behold, we have the government in British Columbia being held hostage by three Green members.

Three Green members are holding hostage the whole of Canada on the Trans Mountain pipeline. Premier Horgan will not agree because he would lose the government. He does not want to go to the people. If he is so confident about speaking to the Trans Mountain pipeline, and all the polls are showing that British Columbians want it, someone just said that the easiest way to resolve it is to go to the people. That is the best way in a democracy. He would probably find that he would get a pink slip to go back to the unemployment line.

However, the question here is about the government and its budget. We just heard the government side talk about reducing taxes for the middle class. We hear the Liberals talk about it here, but we never hear them talk about their increase in taxes, the payroll taxes. Actually, the great indication by the Fraser Institute showed how much Canadians are paying in direct and indirect taxes. It is what they call “freedom day”. For the first time in the history of our country, under the previous Conservative government, we pulled that back into June. The date was sometime in June because of our reduction of taxes, but under this government, freedom day has gone back into July. That is the real issue.

That is where it really shows where the government, by not by showing the whole picture, is raising taxes. We have had a serious problem over here on this fact. The Liberals are just blindly spending money.

One of the key issues I talked about last time was the government of China's infrastructure bank. We have already given half a billion dollars to it. Why is that? Why are we giving it to that bank? It does not do anything good for us. It is great for China, but not for us. We already contributed to the African Development Bank, to the Asian Development Bank, and to the Inter-American Development Bank. We are already doing our bit to help countries through these development banks. Why are we following this with a half a billion dollars?

These are questions Canadians are asking. Where is our money going? Why does the deficit keep increasing?

The Liberals came out with infrastructure funding. However, in a province like mine, Alberta, we do not know what the government is doing. Where is this infrastructure funding going?

The issue here is on the fundamental issues of economic progress, and in this case it is the Trans Mountain pipeline, which everybody agrees is good for Canada. Of course, the NDP members do not agree, but that is all right; they are a small bunch. The fact remains that it is good for the country. However, the question is on leadership. This is where leadership needs to be shown, and it is not coming from the government. We have waited and waited, but nothing is happening.

We agree that we also want a clean environment, but there are ways and means of doing that, and it is not in stifling economic growth. When jobs and economic growth are lost what happens? The budget goes up and taxes go up. Somewhere down the line, we will have to pay this deficit.

Let us look at the deficit. The PBO came out and said that there would be a $22.1 billion shortfall this fiscal year. The Liberals projected $18.1 billion. Again, according to the Liberals' figures, the projected deficit would be $17.5 billion. However, the PBO projects $21.4 billion. The total is a $8 billion difference in deficit. Also, according to the PBO, there is a 5% chance of the budget being balanced by 2025. However, the Liberals are not interested in that, because, after all, when they lose power, they will leave this whole mess behind.

We left the economy in very good standing, and the Liberals quoted all these figures. I remember when they wanted change in Canada and sunny ways, but as they progressed, all the policies we had put in place they carried on with and implemented. Why? Because they were good policies. Despite the fact that the Liberals keep trying to blame the Conservatives for everything, it is not going to fly. They had good management from us when they took over. When they are gone, and hopefully we will take over, we will have to clean up their mess and look at the deficit.

Canadians are concerned where the government is going. What is the purpose of the government? Back home in Africa, we say that the ostrich has its head in the sand. The Liberals have their heads in the sand. They are not looking around at what is going on. They will not answer to the future generation, because they will not be around.

However, the issue is always on how we bring confidence to Canadian businesses. It is interesting that in Lima, the Prime Minister said that big projects would go ahead. Well, big projects are not going ahead in our country under the current government.

The Liberals keep talking about Conservatives not building pipelines. We built the environment where the energy industry grew up. The Liberals are running something where the energy industry is going down under their leadership. However, it is good to see that the NDP government in Alberta agrees with us.

The fact is that we need common sense policies, but they are not coming from the Liberals. We do expect any common sense policies coming from that side.

[Chris Bittle, Liberal, St. Catharines, ON]

Madam Speaker, my friend talked about the deficit. I wondered if he could point out in Hansard a time when he rose and condemned the Harper government for all those deficits it ran. It is probably zero.

The member also mentioned that he wanted to clean up the environment, that the Conservatives were behind that, but then he glossed over the fact that there was no plan. The Conservatives have offered nothing. They did nothing for 10 years. Could the member stand in the House and offer any type of plan as we are seeing the dramatic effects of climate change? Spoiler alert: it is probably zero again, but I would like him to have the opportunity to do so.

[Deepak Obhrai, Conservative, Calgary Forest Lawn, AB]

Madam Speaker, if I recall correctly, the current government carried on with our targets, the targets we had put in place. The Liberals carried on implementing those targets. They did not change those targets because those were common-sense targets.

Therefore, the government has been acting on the environment, but it has its head in the sand. The question still remains. Will Canadians pay for the reckless policies of the government? That is the question every Canadian is asking.

[Charlie Angus, NDP, Timmins—James Bay, ON]

Madam Speaker, Canada has a number of key infrastructure issues with respect to keeping our economy going, and one of them is our highway system. If we travel across the country and travel on the Trans-Canada, we will be on four-lane highways. Then, when we get to northern Ontario, we get to two lanes, Highway 17 and Highway 11, which twist and turn through rugged rock country. This is the main truck transportation for the country. All the goods of the country travel on those roads. Year after year, we see them getting more dangerous. We see, with the privatization of truck maintenance by the Wynne government, the number of deaths we have had on the road.

I would like to ask my hon. colleague about the disregard we have from the present government toward the people of Ontario on issues of infrastructure that are literally life and death, that are issues about our economy, and the lack of involvement of the federal government in working with the province to establish a credible system of transportation that ensures the safe passage of goods but also the security of people who travel on these roads.

[Deepak Obhrai, Conservative, Calgary Forest Lawn, AB]

Madam Speaker, I will answer that because northern Ontario is part of Canada. The question the member very rightly asks is where the government's priority. Is its priority to ensure there is infrastructure? Good roads are prosperous for everyone, like good pipelines are prosperous for everyone.

When we were in power, our government had infrastructure programs, which was why we built a highway up north. They opened it up, but remember the construction was started by us. I agree with the member. Absolutely the government, in co-operation with the province, and, by the way, a Liberal government in Ontario, could easily work with Ontario to look after the needs of northern Ontario.

Good infrastructure in northern in Ontario and all across the country is extremely important for us to ensure economic growth in our country.

[Mark Gerretsen, Liberal, Kingston and the Islands, ON]

Madam Speaker, I take issue with one comment made by my colleague with respect us not having to answer to future generations. The fact is that this government is all about looking out for future generations, whether it is the social well-being of them or the environmental well-being of them. How can that member suggest this government and this party are not looking out for the future of Canadians and our children?

[Deepak Obhrai, Conservative, Calgary Forest Lawn, AB]

Madam Speaker, the Liberals have reckless policies that are not looking out for our future. l look at what they are doing to the deficit with this budget. That is spending recklessly, writing cheques without thinking. I look at what the Liberals are going to leave for the future generations. I look at what the PBO said today as to the amount of deficit and the cumulative deficit of the budget. At the end of the day, the government has yet to bring in some good policies. It is the future generation that will be paying.

[The Assistant Deputy Speaker, NDP, Carol Hughes]

Order. 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 Nanaimo—Ladysmith, Indigenous Affairs; the hon. member for Saskatoon West, Health; the hon. member for Drummond, Justice.

Resuming debate. The hon. member for West Nova.

[Colin Fraser, Liberal, West Nova, NS]

Madam Speaker, I am very pleased to rise today in support of Bill C-74, an act to implement certain provisions of the budget tabled in Parliament on February 27, 2018, and other measures.

First, I would like to talk about why this bill is so important to Canada as a whole. Then I will highlight some of the specific measures that will help my beautiful riding of West Nova and, most important, its people.

This budget continues to build on the strong foundation for growth that our government began putting into place when it took office just over two years ago. In that time, Canada's economic growth has been fuelled by the middle class, and there has been more support for those working hard to join it. Because of the hard work of Canadians, together with historic investments in people and communities, more than 600,000 good new jobs have been created right across Canada. Most of these are solid, full-time jobs. Consequently, under this government, the Canadian unemployment rate is at its lowest in my lifetime.

Also, Canada now has the best balance sheet of any G7 country, with the lowest debt-to-GDP ratio, and the downward trend of that ratio will continue into the future. Our debt as a portion of our economy is shrinking steadily and will soon reach its lowest point ever in my lifetime.

However, while the Canadian economy is doing very well, the most important indicator for any government is not some economic formula, but rather how people are doing. Do people have the tools to lift themselves up, to make their communities stronger and more vibrant, to be secure in the knowledge that they will have a dignified retirement, to help children living in poverty, to ensure veterans are looked after, and to ensure we position Canada to allow our industries to flourish?

While we know the economy is doing well and that thing are on the right track, we also know there is much more work to do so all Canadians have the opportunity to reach their full potential and, indeed, so people end up doing well. Our government wants a real and fair shot at success for all our people.

Let us start with the Canada workers benefit. Budget 2018 introduces the new Canada workers benefit, a more generous and accessible benefit that will put more money in the pockets of low-income workers than the income tax benefit it replaces. For example, a worker making $15,000 a year will get about $500 more in 2019. By allowing these low-income workers to keep more of their paycheque, it encourages more people to enter the workforce and it will deliver real help to two million Canadians, including 45,000 Nova Scotians who are working hard to join the middle class. This new measure will lift about 70,000 working individuals out of poverty and will promote economic independence for so many who would otherwise be left behind.

Let us turn to the Canada child benefit. Speaking of lifting people out of poverty and giving them opportunity, the CCB was introduced in 2016 and provides more support for nine out of 10 Canadian families. With the measures in budget 2018, the six million children currently benefiting from the CCB will continue to benefit for the long term, because it will be indexed, starting this July, to keep up with the cost of living.

In West Nova, the effects of the CCB are real. Thirteen thousand children are benefiting and over $4.5 million each month are being invested in the well-being of the kids in my riding. As a result, hundreds and hundreds of children in western Nova Scotia are no longer living in poverty and many are now able to receive adequate school supplies, join minor hockey, take dance or music lessons, have warm clothes for the winter, or go to summer camp. This is real and this is making a substantial difference in the lives of children in West Nova while also helping our local economy.

Let us talk about security retirement for our seniors. Like many members of rural ridings, I represent many seniors and I am so pleased that our government supports them. While there is more work to do, we restored the eligibility age of old age security and GIS from 67 to 65, and increased the GIS by 10% for single seniors. Also, working co-operatively with the provinces, the Canada pension plan has been strengthened for the long term. In fact, it will result in an increase of the maximum CPP retirement pension by about 50%, phased in over time, and it will mean even greater support to persons with disabilities who need support from their government.

As the member of Parliament for West Nova, an area with Canada's most lucrative fishery in lobster, scallops, and other seafood, it is critical to me that the fishing industry, which is the backbone of the economy in southwestern Nova Scotia, is supported. That is why I, along with other colleagues, have been advocating for increased investments in our small craft harbours to allow for the continued growth of fisheries operations.

I am very pleased the government has responded in budget 2018 with an investment of an extra $250 million over two years into our critical harbour infrastructure. This will help expand capacity and support the flourishing seafood industry being able to get its product off the boats and to world markets.

We know that with the coming into force of the European trade deal, CETA, and now the CPTPP, the demand for our seafood exports will continue to grow. This will diversify our customer base and sustain the high prices our fishermen have been getting for their lobster and other high-quality seafood. This makes a huge difference to our local economy in southwestern Nova Scotia.

I am also fortunate not only to represent an area with one of Canada's most important fisheries, but also to represent 14 Wing Greenwood, the largest air force base on the east coast. As a result, I represent many veterans all across my riding. It is vitally important that we support them for all they have done in their service to Canada. We know there is lots more to do, and we know that some may not yet know about the investments being made, but we are on the right track, and we are making things better for our veterans.

The government has made substantial investments to benefits and services for veterans and their families, so far totalling $10 billion. This includes new education and training benefits and expanded services to families of medically released veterans. We have reopened offices, increased the earnings loss benefit, and the disability award. There will be an option for a pension for life rather than the lump sum amount. There will be more front-line staff, more for mental health, and a new caregiver benefit for those taking care of ill and injured veterans.

Budget 2018 will expand the medical expense tax credit to include the cost of psychiatric service dogs that are so important in the support they provide to many of our veterans.

We know there is more to do, and I am committed to working with our government and continuing to advocate for the veterans I represent, but the fact is clear that we have made substantial investments and we are really beginning to fix the damaged system left to us by the Conservative government.

I am proud of the Acadian communities in West Nova, and I fully support them in protecting and promoting their cultural heritage, as well as our official languages.

Our government recognizes the importance of supporting official languages across Canada and is serious about its duty to actively promote the development of official language minority communities. We recently announced an action plan for official languages, which represents the largest investment in official languages in over 15 years. We have listened to the needs of these communities, and budget 2018 meets their expectations.

Our budget will invest in our community and cultural organizations, such as the Société acadienne de Clare, the Conseil acadien de Par-en-Bas, and the Université Sainte-Anne in my riding of West Nova, so they can continue their important work preserving and promoting Acadian culture and the French language in my riding.

Budget 2018 will support radio stations and newspapers like CIFA and Le Courrier de la Nouvelle-Écosse. Despite the challenges faced by francophone media outlets in minority communities, they continue to offer content that reflects the French-speaking Acadian community they serve.

When we look at this bill to implement budget 2018, we see a vision for the future of Canada, one that builds on the foundation already laid by this government and one that continues to invest in our communities and their people so that all Canadians have a real and fair shot at success no matter what circumstances they were born into, so they can have a dignified retirement. It is a budget that continues to sustain our strong economic performance well into the future and keeps Canada on top as the very best country in the world.

That is why I am proudly supporting Bill C-74.