Budget Implementation Act, 2018, No. 2

A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 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 and related measures by
(a) introducing rules intended to provide greater certainty with respect to various tax consequences arising from certain foreign divisive reorganizations;
(b) ensuring that the existing cross-border anti-surplus stripping rule cannot be circumvented through transactions involving the use of partnerships or trusts;
(c) introducing rules to prevent misuse of the foreign accrual property income regime through the use of tracking interests involving foreign affiliates;
(d) ensuring consistency between the trading or dealing in indebtedness rules and the investment business rules within the foreign accrual property income regime;
(e) ensuring that the at-risk rules apply appropriately at each level of a tiered partnership structure;
(f) providing that the Minister of Public Safety and Emergency Preparedness can determine international operational missions for the purpose of the deduction available for income earned by members of the Canadian Forces or police officers on such missions;
(g) amending the synthetic equity arrangement rules and securities lending arrangement rules to prevent the artificial generation of losses through the use of equity-based financial instruments;
(h) ensuring that social assistance payments under certain programs do not preclude individuals from receiving the Canada Child Benefit;
(i) ensuring that an individual who is eligible to receive the Canada Workers Benefit can receive the benefit without having to claim it;
(j) introducing a refundable tax credit for the purposes of the climate action incentive;
(k) providing allocation rules for losses applied against Part IV taxes;
(l) preventing the creation of artificial losses on shares held as mark-to-market property by financial institutions;
(m) revising the rules relating to the non-partisan political activities of charities;
(n) ensuring that a taxpayer is subject to a three-year extended reassessment period in respect of any income, loss or other amount arising in connection with a foreign affiliate of the taxpayer;
(o) providing the Canada Revenue Agency with an extended reassessment period of an additional three years, to the extent that the reassessment relates to the adjustment of a loss carryback for transactions involving a taxpayer and non-resident non-arm’s length persons;
(p) extending the reassessment period of a taxpayer by the period of time during which a requirement for information or compliance order is contested;
(q) requiring that information returns in respect of a taxpayer’s foreign affiliates be filed within 10 months after the end of the taxpayer’s taxation year;
(r) enabling the disclosure of taxpayer and other confidential tax information to Canada’s bilateral mutual legal assistance treaty partners for the purposes of non-tax criminal investigations and prosecutions of certain serious crimes; and
(s) providing a deduction for employee contributions to the enhanced portion of the Quebec Pension Plan.
Part 1 also amends the Mutual Legal Assistance in Criminal Matters Act to, among other things, define the term “agreement” as applying, among other things, to tax information exchange agreements and tax treaties to which Canada is a party, and provide for orders to produce financial information for the purposes of investigation and prosecution of certain offences set out in subsection 462.‍48(1.‍1) of the Criminal Code. The enactment also amends paragraph 462.‍48(2)‍(c) of the Criminal Code to provide that information may also be gathered under Part IX of the Excise Tax Act and under the Excise Act, 2001.
Part 2 implements certain Goods and Services Tax/Harmonized Sales Tax (GST/HST) measures by
(a) replacing the requirement that GST/HST be collected on a sale of carbon emission allowances with a requirement that the purchaser self-assess that GST/HST;
(b) extending the assessment period for group registered education savings plan trusts that make a special relieving election in respect of their past HST liability;
(c)  introducing GST/HST rules in respect of investment limited partnerships;
(d) clarifying the intended tax policy of excluding books that are sold by a public service body from the GST/HST rebate for printed books;
(e) introducing amendments similar to those to the Income Tax Act to extend the assessment period of a person by the period of time during which a requirement for information or compliance order is contested; and
(f)  introducing amendments similar to those to the Income Tax Act to enable the disclosure of confidential information to Canada’s bilateral mutual legal assistance treaty partners, or to Canadian police officers, for the purposes of non-tax criminal investigations and prosecution of certain serious crimes.
Part 3 implements certain excise measures by
(a) broadening the refund regime in respect of excise tax on diesel fuel to allow a vendor to apply for a refund where a purchaser will use excise tax-paid diesel fuel to generate electricity, if certain conditions are met;
(b) introducing an anti-avoidance excise measure relating to the taxation of cannabis in respect of the rules establishing the value of a cannabis product on which an ad valorem duty is calculated;
(c)  introducing amendments to the Air Travellers Security Charge Act and the Excise Act, 2001 that are similar to those to the Income Tax Act to extend the assessment period of a person by the period of time during which a requirement for information or compliance order is contested;
(d) introducing amendments to the Excise Act, 2001 that are similar to those to the Income Tax Act to enable the disclosure of confidential information to Canada’s bilateral mutual legal assistance treaty partners, or to Canadian police officers, for the purposes of non-tax criminal investigations and prosecution of certain serious crimes; and
(e) making housekeeping amendments to the Excise Act, 2001 in order to ensure consistency between the English and French version of the legislation.
Part 4 enacts and amends several Acts in order to implement various measures.
Division 1 of Part 4 amends the Customs Tariff in order to simplify it and reduce the administrative burden for Canadian businesses and the Government of Canada by consolidating similar tariff items that have the same tariff rates and removing end-use provisions where appropriate. The amendments also clarify existing tariff provisions and make other technical amendments.
Division 2 of Part 4 amends the Canada Pension Plan to modify the calculation of the amount to be attributed for a year in which a contributor is a family allowance recipient and their first or second additional contributory period begins or ends.
Subdivision A of Division 3 of Part 4 amends the Trust and Loan Companies Act, the Bank Act and the Insurance Companies Act to, among other things,
(a) establish thresholds below which the acquisition of control of certain entities, or the acquisition or increase of a substantial investment in them, does not require the approval of the Superintendent of Financial Institutions;
(b) allow financial institutions to invest in the Canadian business growth fund; and
(c) ensure that customers can provide consent electronically to receive electronic documents.
It also corrects a reference to the Insurance Companies Act in the Budget Implementation Act, 2018, No. 1.
Subdivision B of Division 3 of Part 4 amends the Canada Deposit Insurance Corporation Act to, among other things,
(a) make technical amendments to clarify the method of calculating insured deposits, to remove outdated references, to repeal certain provisions not yet in force and to clarify that withdrawals made following the amalgamation of two or more member institutions or the continuance as a federal credit union will be considered to be made from pre-existing deposits and that the separation of accounts following the amalgamation is limited to a period of two years;
(b) exclude amounts borrowed by the Canada Deposit Insurance Corporation under paragraph 60.‍2(2)‍(c) of the Financial Administration Act from the calculation of the Corporation’s total principal indebtedness; and
(c) clarify that the liquidator of a member institution of the Canada Deposit Insurance Corporation must not apply the law of set-off or compensation to a claim related to insured deposits.
It also repeals two sections of the Financial System Review Act.
Subdivision C of Division 3 of Part 4 amends the Office of the Superintendent of Financial Institutions Act, the Trust and Loan Companies Act, the Bank Act and the Insurance Companies Act to, among other things, clarify that providing legally privileged information to the Superintendent of Financial Institutions does not constitute a waiver of the privilege.
Division 4 of Part 4 amends the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to remove the right of persons to decide not to proceed further with importing or exporting currency or monetary instruments that are required to be reported.
Division 5 of Part 4 amends the Canada–Newfoundland and Labrador Atlantic Accord Implementation Act to, among other things, allow for the application, within the offshore area, of the provincial greenhouse gas pricing regime and to confer powers and impose duties and functions on the Canada–Newfoundland and Labrador Offshore Petroleum Board for the application of that regime. It also amends the Greenhouse Gas Pollution Pricing Act to provide that the provincial regime does not apply if the offshore area is mentioned in Part 2 of Schedule 1 to that Act. Finally, it amends the Offshore Health and Safety Act to postpone the repeal of certain regulations.
Division 6 of Part 4 amends the Canada Business Corporations Act to set out criteria for identifying individuals with significant control over a corporation. The Division also sets out a requirement for a corporation that meets certain criteria to keep a register of individuals with significant control and requirements respecting the information to be recorded in it. Finally, the Division includes applicable offences and punishments.
Subdivision A of Division 7 of Part 4 amends the Patent Act in order to
(a) provide a regulation-making authority for the establishment of requirements for written demands relating to patents;
(b) specify that an act committed for the purpose of experimentation relating to the subject matter of a patent is not an infringement of the patent and that licencing commitments that bind the owner of a standard-essential patent or the holder of a certificate of supplementary protection that sets out such a patent bind any subsequent owners or holders;
(c) expand the rights of a person in respect of a claim in a patent who meets the requirements to be considered a prior user;
(d) ensure that patent prosecution histories may be admissible into evidence for certain purposes;
(e) clarify when a late fee must be paid in respect of divisional applications as well as when the confidentiality period begins in the case where a request for priority is deemed never to have been made.
Subdivision B of Division 7 of Part 4 amends the Trade-marks Act to, among other things,
(a) add bad faith as a ground of opposition to the registration of a trade-mark and for the invalidation of a trade-mark registration;
(b) prevent the owner of a registered trade-mark from obtaining relief for acts done contrary to section 19, 20 or 22 of that Act during the first three years after the trade-mark is registered unless the trade-mark was in use in Canada during that period or special circumstances exist that excuse the absence of use;
(c) clarify that the prohibitions in subparagraph 9(1)‍(n)‍(iii) and section 11 of that Act do not apply with respect to a badge, crest, emblem or mark that was the subject of a public notice of adoption and use as an official mark if the entity that made the request for the public notice is not a public authority or no longer exists; and
(d) modernize the conduct of various proceedings before the Registrar of Trade-marks, including by providing the Registrar with additional powers in such proceedings.
It also makes certain housekeeping amendments to provisions of the Trade-marks Act that are enacted by the Economic Action Plan 2014 Act, No. 1 and the Combating Counterfeit Products Act.
Subdivision C of Division 7 of Part 4 amends the Copyright Act in order to specify that certain information is not permitted to be included within a notice under the notice and notice regime and to provide for a regulation-making power to prohibit further types of information from being included within such a notice.
Subdivision D of Division 7 of Part 4 enacts the College of Patent Agents and Trade-mark Agents Act. That Act establishes the College of Patent Agents and Trade-mark Agents, which is to be responsible for the regulation of patent agents and trade-mark agents in the public interest. That Act, among other things,
(a) requires that individuals obtain a licence in order to act as patent agents or trade-mark agents and that licensees comply with a code of professional conduct;
(b) authorizes the College’s Investigations Committee to receive complaints and conduct investigations into whether a licensee has committed professional misconduct or was incompetent;
(c) authorizes the College’s Discipline Committee to impose disciplinary measures if it decides that a licensee has committed professional misconduct or was incompetent; and
(d) creates new offences of claiming to be a patent agent or trade-mark agent and unauthorized representation before the Patent Office or the Office of the Registrar of Trade-marks.
That Subdivision also makes consequential amendments to certain Acts.
Subdivision E of Division 7 of Part 4 amends the Bankruptcy and Insolvency Act to provide that intellectual property users may preserve their usage rights when intellectual property rights are sold or disposed of in an insolvency proceeding or when the agreement relating to such property rights is disclaimed or resiliated in such a proceeding. It also amends the Companies’ Creditors Arrangement Act to provide that intellectual property users may preserve their usage rights when intellectual property rights are sold or disposed of.
Subdivision F of Division 7 of Part 4 amends the Access to Information Act and the Privacy Act to provide that the head of a government institution may refuse to disclose, under either of those Acts, information that is subject to the privilege set out in section 16.‍1 of the Patent Act or section 51.‍13 of the Trade-marks Act. It makes a related amendment to the Pest Control Products Act.
Subdivision G of Division 7 of Part 4 amends the National Research Council Act to clarify that the National Research Council of Canada has the authority to dispose of all forms of intellectual property that it develops, including future rights to such property and to provide the Council with the authority to dispose of real, personal, movable and immovable property, complementing the current provision in the Act that allows it to acquire such property.
Subdivision H of Division 7 of Part 4 amends the Copyright Act in order to modernize the legislative framework relating to the Copyright Board so as to improve the timeliness and clarity of its proceedings and decision-making processes. More specifically, it repeals spent provisions and
(a) codifies the Board’s mandate and establishes decision-making criteria;
(b) establishes new timelines in respect of Board matters, including earlier filing dates for proposed tariffs and longer effective periods for approved tariffs, and empowers the Governor in Council to make additional timelines by regulation;
(c) formalizes case management of Board proceedings;
(d) reduces the number of matters that must be considered by the Board;
(e) streamlines procedural steps across different tariff contexts, maintaining differences between them only where necessary;
(f) amends relevant enforcement provisions, including the availability of statutory damages for certain parties in respect of Board-set royalty rates and enforcement of Board-set terms and conditions; and
(g) modernizes existing language and structure for greater clarity and consistency.
Division 8 of Part 4 amends the Employment Insurance Act to, among other things, increase the maximum number of weeks for which parental benefits may be paid if these benefits are divided between claimants. It also amends the Canada Labour Code to, among other things, increase the aggregate amount of leave that may be taken by employees under sections 206.‍1 and 206.‍2 if that leave is divided between employees.
Division 9 of Part 4 enacts the Canadian Gender Budgeting Act in order to state the Government’s policy of promoting gender equality and inclusiveness by taking gender and diversity into consideration in the budget process. It also establishes related reporting requirements.
Division 10 of Part 4 amends the Bank Act to strengthen provisions that apply to a bank or an authorized foreign bank in relation to the protection of customers and the public. It implements enhancements in the areas of corporate governance, responsible business conduct, disclosure and transparency, and redress. It also amends the Financial Consumer Agency of Canada Act to strengthen the mandate of the Financial Consumer Agency of Canada and grant additional powers to that Agency.
Division 11 of Part 4 amends the First Nations Land Management Act to give effect to amendments to the Framework Agreement on First Nation Land Management respecting, among other things, procedures for obtaining community approval of a land code, the lands to which a land code may apply, the addition of lands to First Nation land by order of the Minister and the transfer of capital moneys.
Division 12 of Part 4 amends the First Nations Fiscal Management Act to, among other things,
(a) enable more Aboriginal organizations and First Nations to benefit from the provisions of the Act in order to strengthen their financial management systems and give them access to long-term financing;
(b) address certain administrative issues identified by the bodies established under the Act; and
(c) provide another option for First Nations to access moneys held by Her Majesty for their use and benefit.
Division 13 of Part 4 amends the Export and Import Permits Act to give the Minister of Foreign Affairs the authority to issue an import allocation for goods that are included on the Import Control List under subsection 5(6) of that Act.
Division 14 of Part 4 enacts the Pay Equity Act to establish a proactive process for the achievement of pay equity by the redressing of the systemic gender-based discrimination experienced by employees who occupy positions in predominantly female job classes. The new Act requires federal public and private sector employers that have 10 or more employees to establish and maintain a pay equity plan within set time frames so as to identify and correct differences in compensation between predominantly female and predominantly male job classes for which the work performed is of equal value. The new Act provides for the powers, duties and functions of a Pay Equity Commissioner, which include facilitating the resolution of disputes, conducting compliance audits and investigating disputes, objections and complaints, as well as making orders and imposing administrative monetary penalties for violations of that Act. The new Act also requires the Pay Equity Commissioner to report annually to Parliament on the administration and enforcement of the new Act.
Division 14 also amends the Parliamentary Employment and Staff Relations Act to provide for the application of the Pay Equity Act to parliamentary employers with certain adaptations and without limiting the powers, privileges and immunities of the Senate, the House of Commons and the members of those Houses.
It also makes the Minister of Labour responsible for the administration of the Federal Contractors Program for Pay Equity.
Finally, it makes related and consequential amendments to certain Acts and repeals the section of the Budget Implementation Act, 2009 that enacts the Public Sector Equitable Compensation Act.
Subdivision A of Division 15 of Part 4 amends the Canada Labour Code to, among other things,
(a) provide five days of paid leave for victims of family violence, a personal leave of five days with three paid days, an unpaid leave for court or jury duty and a fourth week of annual vacation with pay for employees who have completed at least 10 consecutive years of employment;
(b) eliminate minimum length of service requirements for leaves and general holiday pay and reduce the length of service requirement for three weeks of vacation with pay;
(c) prohibit differences in rate of wages based on the employment status of employees;
(d) address continuity of employment issues when a work, undertaking or business becomes federally regulated or in cases of contract retendering; and
(e) update group and individual termination provisions by increasing the minimum notice of termination.
Subdivision B of Division 15 of Part 4 amends the Canada Labour Code to allow the Minister of Labour to designate a Head of Compliance and Enforcement who will exercise most of the powers and perform most of the duties and functions that are related to the administration and enforcement of Parts II, III and IV of the Code.
Division 16 of Part 4 amends the Wage Earner Protection Program Act to, among other things, increase the maximum amount that may be paid to an individual under the Act, expand the definition of eligible wages, expand the conditions under which a payment may be made under the Act and create additional requirements related to Her Majesty in right of Canada’s right of subrogation in respect of payments made under the Act.
Division 17 of Part 4 amends the Bretton Woods and Related Agreements Act, the European Bank for Reconstruction and Development Agreement Act and the Official Development Assistance Accountability Act to harmonize the periods within which the reports under those Acts must be laid before Parliament in order to better communicate Canada’s international development efforts. It also repeals the definition of “official development assistance” in the Official Development Assistance Accountability Act and confers the power to define this expression by regulation.
Division 17 also enacts the International Financial Assistance Act, which provides the Minister of Foreign Affairs and the Minister for International Development with powers, duties and functions to support the delivery of a sovereign loans program, an international assistance innovation program and a federal international assistance program that promotes the mitigation of or adaptation to climate change through repayable contributions.
Division 18 of Part 4 enacts the Department for Women and Gender Equality Act which, among other things, establishes the Department for Women and Gender Equality to assist the Minister responsible for that department in exercising or performing the Minister’s powers, duties and functions that extend to and include all matters relating to women and gender equality, including the advancement of equality in respect of sex, sexual orientation, or gender identity or expression and the promotion of a greater understanding of the intersection of sex and gender with other identity factors. It also contains transitional provisions. Finally, Division 18 makes consequential amendments to other Acts.
Division 19 of Part 4 enacts the Addition of Lands to Reserves and Reserve Creation Act which authorizes a Minister, designated by the Governor in Council, to set apart lands as reserves for the use and benefit of First Nations. The Division also repeals Part 2 of the Manitoba Claim Settlements Implementation Act and the Claim Settlements (Alberta and Saskatchewan) Implementation Act.
Division 20 of Part 4 amends section 715.‍42 of the Criminal Code to require the publication of any decision not to publish a remediation agreement or order related to that agreement and of any decision related to the review of such a decision, to specify that the court may make the first decision subject to a condition, including one related to the duration of non-publication, and to allow anyone to request a review of that decision.
Division 21 of Part 4 enacts the Poverty Reduction Act, which sets out two targets for poverty reduction in Canada.
Division 22 of Part 4 amends the Canada Shipping Act, 2001 to, among other things,
(a) authorize the Governor in Council to make regulations respecting the protection of the marine environment from the impacts of navigation and shipping activities;
(b) authorize the Minister of Transport to
(i) make an interim order to mitigate risks to marine safety or to the marine environment, and
(ii) exempt any person or vessel from the application of any provision of that Act or the regulations if doing so would allow the undertaking of research and development that may enhance marine safety or environmental protection;
(c) increase the maximum amount of an administrative penalty that the Governor in Council may fix by regulation;
(d) authorize the Minister of Fisheries and Oceans, pollution response officers and accompanying persons to enter private property in the case of a discharge of oil from a vessel or oil handling facility; and
(e) double the administration monetary penalties for certain violations.
Division 23 of Part 4 amends the Marine Liability Act to modernize the Ship-source Oil Pollution Fund, including, among other things,
(a) removing the Fund’s per-occurrence limit of liability;
(b) in the event that the Fund is depleted, authorizing the temporary transfer to the Fund of funds from the Consolidated Revenue Fund;
(c) modernizing the Fund’s levy so that the Fund is replenished by receivers and exporters of oil;
(d) ensuring that the Fund’s liability for claims for economic losses caused by oil pollution aligns with international conventions;
(e) providing that the Fund is liable for the costs and expenses incurred by the Minister of Fisheries and Oceans or any other person in respect of preventive measures when the occurrence for which those costs and expenses were incurred has not yet created a grave and imminent threat of causing oil pollution damage;
(f) authorizing the provision of up-front emergency funding out of the Fund to the Minister of Fisheries and Oceans for significant oil pollution incidents;
(g) creating an expedited, simplified process for small claims to the Fund; and
(h) providing for administrative monetary penalties for contraventions of specified or designated provisions under that Act.

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.

Votes

Dec. 3, 2018 Passed 3rd reading and adoption of Bill C-86, A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures
Dec. 3, 2018 Passed 3rd reading and adoption of Bill C-86, A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures
Dec. 3, 2018 Failed Bill C-86, A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures (recommittal to a committee)
Nov. 27, 2018 Passed Concurrence at report stage of Bill C-86, A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures
Nov. 27, 2018 Failed Bill C-86, A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures (report stage amendment)
Nov. 27, 2018 Failed Bill C-86, A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures (report stage amendment)
Nov. 27, 2018 Failed Bill C-86, A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures (report stage amendment)
Nov. 27, 2018 Failed Bill C-86, A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures (report stage amendment)
Nov. 27, 2018 Failed Bill C-86, A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures (report stage amendment)
Nov. 27, 2018 Failed Bill C-86, A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures (report stage amendment)
Nov. 27, 2018 Passed Time allocation for Bill C-86, A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures
Nov. 6, 2018 Passed 2nd reading of Bill C-86, A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures
Nov. 6, 2018 Passed 2nd reading of Bill C-86, A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures
Nov. 6, 2018 Failed 2nd reading of Bill C-86, A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures (reasoned amendment)
Nov. 6, 2018 Passed Time allocation for Bill C-86, A second Act to implement certain provisions of the budget tabled in Parliament on February 27, 2018 and other measures

Budget Implementation Act, 2018 No. 2Government Orders

November 1st, 2018 / 12:10 p.m.

Conservative

Pierre Poilievre Conservative Carleton, ON

He had a lot more than one minute to ask his question, Madam Speaker.

On the first point, as I said at the outset, the tax-free saving account is not exclusively used by people with their annual income. It is used when major life events cause them to either have an inheritance or downsize their homes, because they no longer live in places where they have to climb stairs, and they want to put aside their money in a way that shelters it from high taxes by big government.

As for families, the previous Conservative government cut taxes by $30 billion, which the Parliamentary Budget Officer said overwhelmingly went to low and modest-income people who were better off and received more rewards as a result of their work. It is unfortunate that the Liberal government has targeted those same modest-income people with higher taxes and higher costs, a tendency that the Conservatives will reverse when we form government.

Budget Implementation Act, 2018 No. 2Government Orders

November 1st, 2018 / 12:10 p.m.

The Assistant Deputy Speaker Carol Hughes

I will let the member know that the member who asked the question was under a minute. I appreciate the member keeping his response within a minute as well.

Budget Implementation Act, 2018 No. 2Government Orders

November 1st, 2018 / 12:15 p.m.

NDP

Peter Julian NDP New Westminster—Burnaby, BC

Madam Speaker, I will start today by talking about the process of contempt of Parliament that has been undertaken, and you will be judging very shortly the government on this account. I will continue by talking about some of the Potemkin measures in the budget. I then will conclude by talking about what the NDP would be doing if this were a budget implementation act from the NDP and how different it would be. That comparison is very important for Canadians to know.

First, I will talk about the immense and ridiculous size of this record omnibus legislation, which is 850 pages. One can only call it ridiculous in nature when we talk about the number of clauses and subclauses and the amount of time the government is giving us, with its bulldozer mentality, to consider each and every one of the clauses.

When we talk about omnibus legislation, there are a couple of things that are important to read into the record. One is that the current Minister of Public Safety, when he responded to a Conservative omnibus bill that was less than half as massive as what the Liberals have put forward this week, said at the time, “ It is a complete dog's breakfast, and deliberately so. It is calculated to be so humongous and so convoluted, all in a single lump, that it cannot be intelligently examined and digested by a conscientious Parliament.” That was the Liberals then in referencing something that, as I said, was half as massive as what we are forced to consider this week, the largest and the worst omnibus bill ever presented in Canadian Parliament.

I also want to read into the record, because it is very relevant and pertinent, the Prime Minister's commitment back in 2015 when Canadians voted. At that time, the Liberals had spent years decrying the Conservative penchant to move forward with omnibus legislation, even though I almost think fondly back to those days of Conservative omnibus legislation that was only one-third or one-quarter the size of what the Liberals have put forward. However, there are many aspects that I do not think any Canadian would fondly recall. At that time, the Prime Minister said:

We will not resort to legislative tricks to avoid scrutiny....

Stephen Harper has also used omnibus bills to prevent Parliament from properly reviewing and debating his proposals. We will change the House of Commons Standing Orders to bring an end to this undemocratic practice.

The Liberals have not brought an end to the undemocratic practice. As members know, we are now dealing with the largest and worst omnibus bill in our history. What are the consequences of that?

As I mentioned earlier, I have been endeavouring all week, on behalf of Canadians, to find one simple fact. How many clauses and subclauses are in this legislation? I have asked department officials. I asked at committee. I have asked the parliamentary secretary. None of them have been able to respond to that simple question on how many clauses and subclauses are in this massive bill.

This is relevant, because the Liberals have committed to only 13 hours of legislative scrutiny at the committee level and only a few hours of debate in the House of Commons. Therefore, if we are talking about, as some people are estimating, 5,000 clauses and subclauses, then members can do the math.

An important part of any parliamentarians work is to scrutinize, debate and review legislation to ensure it will do what it purports to do and that it is not full of errors, as we have seen in the past when botched legislation has been sent back by the courts. It costs taxpayers tens of millions of dollars when Parliament gets it wrong. Therefore, I asked repeatedly, but have not received a response.

However, if we take the estimate of 5,000 clauses and subclauses, the Liberals are giving us nine seconds per clause, per subclause. They are giving us nine seconds to review, nine seconds to hear witnesses, nine seconds to speak to each of the myriad of clauses and subclauses the bill. This is absolutely ridiculous, irresponsible and contemptuous of Parliament and the work we have to do as parliamentarians. They should be pulling back on the legislative bulldozer and allowing parliamentarians the opportunity to do the job we are paid to do.

Just this morning at finance committee, I raised questions around just one of these subclauses and was unable to get a response. Major changes are proposed with respect to the charitable sector, basically meaning that a charity is no longer considered as such if there is any indirect support or opposition for a political party.

I asked a very simple question. I asked if it meant that if an environmental foundation that would be in complete disagreement with the Liberal government and the purchase of a massive pipeline mentioned that the Liberal government had purchased this pipeline and the foundation did not agree with that position, that it would be in direct opposition to a political party. I received no answer. It is apparently going to be defined by CRA, and we are hoping to get that information at finance committee in the next few days.

However, that is just one subclause. Our nine seconds have already finished and we have uncovered some complete ambiguity that may have a major impact on the charitable sector. However, there is no answer and so we move on.

Nine seconds for clause or subclause is absolutely contemptuous of this Parliament and of the work of parliamentarians. I would suggest it is contemptuous of Canadians when a massive bill of that nature, which has so many fundamental changes, is brought in and talks about the tax code and the implications of it on the charitable sector. For the Liberals to allocate nine seconds for clause or subclause is beyond belief and certainly flies in the face of everything they committed to in 2015.

In 2015, the Liberals said that they would be better than Stephen Harper. They are much worse when it comes to these massive budget bills, which they used to decry when they were in opposition. There is no reason for it, no reason at all.

What does Bill C-86 contain? It contains a number of bills. Looking at the titles, it seems that it may contain useful legislation, like the one on pay equity, for example. We have been calling for pay equity in the House and in committee for years. Unfortunately, the women of this country will have to continue to wait for years for this measure to take effect. The members of the committee wanted to hear their opinions on that, but since the committee has only nine seconds to examine each section of the bill, it will be impossible to hear testimony that gets to the heart of the matter.

This bill contains even more measures, such as the legislation that calls for the budgeting process to take gender equality and diversity into account, the department for women and gender equality act, the international financial assistance act, and the poverty reduction act. None of these bills have anything to do with the allocation of resources to meet objectives.

This bill is meaningless. It does not allocate the resources and investments needed to do anything other than put titles on these bills. There are at least seven bills that should be deliberated and examined separately, but the government refuses to do so. The government wants this bill to pass even if we do not have enough time to carefully study all these issues.

There is another aspect to this, and I will go back in history because this is an important point.

Grigory Potemkin was a member of the Russian court. When the Empress Catherine was travelling from one village to the other, he would erect Potemkin villages, and this has become part of the English language as well as many other languages, including French. Because of the incredible poverty of the Russian peasants and because of the dearth of any sort of services or supports in these rural areas, he would temporarily erect these villages with false fronts. Once the carriage of the Empress Catherine passed by, he would dismantle these false fronts and take them to the next village.

That is indeed what we are seeing with the budget, which contains a number of Potemkin bills. There is talk about things that are important, like reducing poverty and ensuring there is gender equality and international financial support, but there are no resources beyond that. The Prime Minister, a little like Empress Catherine, is going to be talking to Canadians over the next few months about these wonderful bills he has put forward, but there are no resources to go with the bills. There is nothing that gives meaning to the words and titles of the bills included in this massive omnibus legislation.

Canadians are living through the greatest family debt crisis in our nation's history and, in fact, in the industrialized world. Canada placed last among the OECD countries in terms of family debt. There are crushing levels of family debt, because Canadians are forced to pay for their medication and their housing costs are skyrocketing, while their wages under the previous and current government have stagnated. Given the scope of the family debt crisis, my constituents and I have lived through the greatest housing and homelessness crisis we have seen in our country's history. Seniors, students and families are not able to keep a roof over their heads because the price of housing has soared, and the federal government, since the elimination of the national housing program, has done nothing to build housing, to put roofs over people's heads, so that families can settle in, feel comfortable and not have to feel they have to struggle between paying for food, rent, medication, or their heat in one of the coldest winters on the entire planet.

In the midst of that family debt and housing crisis, we have a series of Potemkin bills brought forward by the finance minister for the benefit of the Prime Minister, in the same way Grigory Potemkin brought forward the Potemkin villages for Empress Catherine. It is not something that has a meaningful impact on the lives of people.

We are hoping that pay equity will have a real impact. It is something the NDP has struggled and pushed for for years, but it still appears to be far off on the horizon, years away. We will not be able to take the time at committee to see how that portion of the bill could even be improved, because the Liberals are allocating, unbelievably, nine seconds per clause or subclause for examination. That is ridiculous.

Anyone on the streets of our country would say it is unbelievable that a government that came to power saying it would put an end to these practices has actually doubled and tripled down and become so much worse than even Stephen Harper was in terms of contempt of Parliament and putting massive pieces of legislation forward that are not subject to proper examination and scrutiny.

This is a hollow shell. It is a massive bill. It has implications for the charitable sector and a whole range of other areas, but the time allowed is so scant and our questions are not being answered in any forthright way, which means that ultimately the Liberals may succeed in ramming the bill through. Canadians cannot take any comfort in this, because no proper legislative scrutiny has been allowed. Also, the simple question that I have asked repeatedly this week, about how many clauses and subclauses there are in the bill, remains unanswered. We are not talking about a trick question. It was very simple. I have pretty well asked it in response to every bill I have had the jurisdiction to examine. Every time there has been an answer. However, this time, with regard to this 850 page bill, there has not been any sort of answer at all.

What approach would we take? How would Jagmeet Singh and the NDP bring forward a budget implementation bill? To start, we would not be putting an 850-page brick in the House of Commons, and ramming it through in a scant few days.

What New Democrats would do is separate out the bills, even if they are Potemkin bills, for proper scrutiny. Pay equity deserves scrutiny and witness testimony from women's groups and unions that have been strong advocates of it for years. They deserve a hearing, but they will rarely be given one because of the Liberals' intent to ram this through.

We would separate out those bills and subject them to scrutiny. We would meet late at night. As members know, we are considered the worker bees of Parliament. We try to do our homework. We do our best to take on that mandate of examining, scrutinizing and offering better solutions for government legislation. That has always been our place in the House. We are hoping that soon Canadians will chose another role for us, as the Government of Canada. In the meantime, as the second opposition party, we will continue to play that important role.

If it were our budget implementation bill, it would be separated out. We would be talking about different pieces of legislation. We would be allowing that appropriate scrutiny.

More importantly, if it were our budget implementation bill, each one of these initiatives would come with real resources. New Democrats would have tackled fair taxes so that we can feel, with some confidence, that every Canadian is paying their fair share. We heard repeatedly in the pre-budget hearings about businesses that are seeing unfair competition from big, foreign web giants who come here, scoop up the advertising dollars and do not pay a cent into the Canadian economy. No action has been taken on that. No action has been taken on the overseas tax havens that cost us tens of billions of dollars.

This will be embarrassing to the Liberals, because in just a few months' time, the Parliamentary Budget Officer will come out with his analysis. He has finally obtained, after a five-year struggle, first with the Conservatives and then with the Liberals, one in which he threatened to take them to court, the information he needed from the Canada Revenue Agency to measure the tax gap. Within a few months time' we will have the tax gap, the money going to overseas tax havens and to web giants. It will be embarrassing to Liberals not to have taken any sort of action. They have no credibility on this.

New Democrats would be investing in housing now. I did a press conference earlier this year, as members know, with Jagmeet Singh, our national NDP leader, where we said that we needed to accelerate immediately and invest $2 billion into housing. It is at a critical level. We are seeing seniors and students left on the sidelines. We need to make sure that that housing is put into place immediately.

We would be investing in child care and pharmacare. These are not just smart investments for the quality of life of Canadians. If we are talking about gender equality, not having child care puts the lie to any pretence of the government to actually being a feminist government. If it is not putting in place child care, the government cannot pretend to actually be working for gender equality in this country. Child care also helps our businesses to compete. It helps our labour market.

There is a whole realm of reasons why it is smart economically, as well as socially, to put in place things like child care and pharmacare. As we know, we are wasting billions of dollars more right now on medication that Canadians need. So many Canadians are not even able to access the medication, because we do not have in place a universal pharmacare program. A New Democrat BIA, if it were presented today, would include and put that in place so that Canadians could feel comfortable knowing that they could take their medication and afford it.

New Democrats would be investing in health care and education. We are the health care party, and we always have been. Tommy Douglas, our first leader, founded universal public health care in this country. We would be standing behind that, providing the necessary funding for it, instead of eroding it as we have seen happen under the Conservatives and Liberals.

New Democrats would be making sure that we are taking care of Canadians, because that is best for Canadians. It is also best for our economy, and it is best for Canada.

Budget Implementation Act, 2018 No. 2Government Orders

November 1st, 2018 / 12:35 p.m.

Pickering—Uxbridge Ontario

Liberal

Jennifer O'Connell LiberalParliamentary Secretary to the Minister of Finance (Youth Economic Opportunity)

Madam Speaker, my hon. colleague spoke about the size of the budget implementation act, yet the difference between our government and the former Conservative government is that their omnibus bills had nothing to do with the budget. They would sneak in legislation as a way to move things along without transparency.

Our bill actually deals with budgetary matters. The members opposite seem to have an issue with this bill, but we are ambitious on this side of the House because we have a lot of clean-up to do after 10 years of failed fiscal and economic policy by the Conservatives.

The member opposite talked about what the NDP would do if this were their bill. However, the NDP sound like the party of the “coulda, woulda, shoulda”. They campaigned saying that they would balance the budget at all costs, yet today they have said they would have made the proper investments. How would they do that if they were going to balance the budget at all costs while taking on the failed fiscal policies of the Conservatives?

We are introducing pay equity to get it right. How would the NDP do that with its commitment to a balanced budget at all costs like the Conservatives?

Budget Implementation Act, 2018 No. 2Government Orders

November 1st, 2018 / 12:35 p.m.

NDP

Peter Julian NDP New Westminster—Burnaby, BC

Madam Speaker, that was a lot of mud slinging, but let us start with what the Liberals promised back in 2015. I need to read this into the record again because I think the Liberals need to hear what they promised.

The Prime Minister said the following:

We will not resort to legislative tricks to avoid scrutiny.

Stephen Harper has...used omnibus bills to prevent Parliament from properly reviewing and debating his proposals. We will change the House of Commons Standing Orders to bring an end to this undemocratic practice.

That was the Liberals speaking.

As colleagues know, yesterday I rose in the House and indicated some of the areas that were not in the budget but are now in this omnibus legislation. If the Liberals are pretending that somehow they are better than the Conservatives on this, they simply are not. They are practising the same thing the Conservatives did, but two or three times worse than even under the worst days of Stephen Harper. I simply cannot defend this practice.

Second, in terms of the bills themselves, yes, the NDP would be investing real money in child care, housing and pharmacare, the things that people actually need, whereas the Liberals seem to fritter away money on overseas tax havens and provide a “get out of paying any taxes free” card to the web giants. We would take a different and better approach for Canadians.

Budget Implementation Act, 2018 No. 2Government Orders

November 1st, 2018 / 12:35 p.m.

Conservative

Todd Doherty Conservative Cariboo—Prince George, BC

Madam Speaker, the mud slinging is going back and forth. I will offer this to the House as well.

It was on day 10 of the 2015 campaign when the member for Papineau stood and said that under his government the Liberals would be the most open and transparent government and would let debate reign. However, we have seen closure invoked more than 50 times on debate. He also said they would just post a modest deficit and by 2020 or 2019, the budget would then balance itself. However, his own department has now said that the deficit is three times what he promised and that they would not be able to balance the budget until 2045.

When the Liberals stand up, they always say it is the opposition, full stop, who are spreading the seeds of fear by using divisive politics, yet it is their own departments who are publishing reports that discuss the failed policies of the Liberal government. I would like to offer our hon. colleague an opportunity to talk to that.

Budget Implementation Act, 2018 No. 2Government Orders

November 1st, 2018 / 12:35 p.m.

NDP

Peter Julian NDP New Westminster—Burnaby, BC

Madam Speaker, the reality is that we are living through the worst environmental, housing and family debt crisis in our nation's history. That is from departmental documents, but it is also from civil society. Anyone who is out there actually talking with regular Canadians knows that the family debt crisis right now is profoundly difficult.

From talking to regular folks across this country, I know they are stretched. They are trying to pay for massive tuition increases. They are trying to pay for their medication. They are trying to pay for increases in their heating costs. They are trying to pay for housing. In so many parts of the country, housing is becoming a luxury. It is inconceivable to me that we are seeing so many Canadians suffering. If one were to go to first nation communities, one would see it firsthand, and yet so little is being done by the government that arrived with such promise.

Three years ago, the Liberals made all kinds of commitments, including stopping this practice instead of accelerating it. They promised they would govern differently, but they are governing just as poorly as Stephen Harper did.

Budget Implementation Act, 2018 No. 2Government Orders

November 1st, 2018 / 12:40 p.m.

NDP

Alexandre Boulerice NDP Rosemont—La Petite-Patrie, QC

Madam Speaker, I thank my colleague for his speech. He clearly established how this bill is undemocratic and unparliamentary. I especially liked his observation that we have nine seconds to debate each clause, because it shows how absurd the situation is.

My colleague talked a lot about the challenges facing Canadian and Quebec families, such as debt and housing problems, but another thing missing from the Liberal program is a universal public pharmacare system. This is absolutely essential to people, yet Canada just signed a trade agreement with the United States that extends drug patents by two years, which will further drive up the price of prescription drugs.

Budget Implementation Act, 2018 No. 2Government Orders

November 1st, 2018 / 12:40 p.m.

NDP

Peter Julian NDP New Westminster—Burnaby, BC

Madam Speaker, I thank my colleague for his question. I greatly appreciate the work done by the member for Rosemont—La Petite-Patrie. He asked the best question I have heard today: how much money will we save by establishing a pharmacare plan?

Under the Conservatives the price of drugs increased and this is continuing under the Liberals. This means that Canadians have less money to pay for the drugs they need. These are not optional. We are talking about drugs that they need, and yet, both the patent life and the cost of drugs is increasing, and we also have an excise tax on medical cannabis.

All of the Canadians who need these drugs have no other choice. That is why we are promoting the immediate implementation of a national pharmacare plan for Canadians.

Budget Implementation Act, 2018 No. 2Government Orders

November 1st, 2018 / 12:40 p.m.

Liberal

Francesco Sorbara Liberal Vaughan—Woodbridge, ON

Madam Speaker, my finance committee colleague from New Westminster—Burnaby talked about tax fairness in this BIA legislation. In one of the national newspapers, there was an article on the progress being made in this specific BIA on tax fairness. It talks about the following:

Preventing banks from creating “artificial losses”....

Enhancing tax reporting requirements for trust funds....

Strengthening rules for limited partnerships....

Cracking down on tax-free corporate distributions to foreigners....

Increasing ownership transparency for numbered companies and shell corporations....

The budget also clarified Ottawa's plan to clamp down on investment income through private corporations.

However, I heard earlier that the member is not satisfied. We have invested a billion dollars in the CRA for a number of initiatives, here and in past budgets.

We recently signed the new USMCA. I am wondering what his position is on that. We understand that some of his colleagues were at a celebration with one of our national unions. Is he supportive of the new USMCA agreement, the trilateral free trade agreement that will support thousands of good-quality jobs across this country, including good union jobs, good middle-class jobs?

Budget Implementation Act, 2018 No. 2Government Orders

November 1st, 2018 / 12:40 p.m.

NDP

Peter Julian NDP New Westminster—Burnaby, BC

Madam Speaker, I am going to respond on the issue of taxes, because it is ridiculous for the Liberals to pretend that the small measures they have taken in this BIA address in any way the massive tax evasion we are seeing by some of the wealthiest Canadians. There is a reason we are seeing more concentration of wealth in this country than we have ever seen before, with two billionaires having as much wealth as almost a third of the Canadian population, over 11million people. That is a profound imbalance.

We have companies now in which the CEOs pay less in taxes than their secretaries because of this imbalance, because of tax havens, because of the fact that web giants get away with paying no taxes at all. The Liberals respond by paying lip service. As the member just said, they say that they spent a billion dollars on CRA. The reality is that this money went to going after regular families to take away their benefits and going after people with disabilities who were accessing the disability tax credit.

What we need is fundamental change. We need an end to these overseas tax havens and the abuse we are seeing by the web giants, and only the NDP is going to bring that about.

Budget Implementation Act, 2018 No. 2Government Orders

November 1st, 2018 / 12:45 p.m.

Liberal

Shaun Chen Liberal Scarborough North, ON

Madam Speaker, it is my pleasure to rise today in this House to speak to the 2018 budget.

Three years ago, I was privileged to be elected by the people of Scarborough North as Canadians from coast to coast to coast put their faith in our government. They sent us to Ottawa so we could fulfill our promise of delivering real change.

I know that every member in this House is here because he or she believes in improving the lives of all Canadians. With unemployment now at its lowest level in 40 years, and strong economic growth across this country, our government's plan is working, and our efforts are bearing fruit. As we expressed during the campaign and in the years since taking office, we believe in building a strong middle class and creating economic prosperity for all Canadians. Budget 2018, entitled “Equality and Growth: A Strong Middle Class”, would do exactly that.

In my multicultural riding of Scarborough North, hard-working individuals and families are benefiting from the programs and initiatives our government has introduced. Let me share the story of the Zhang family.

A proud mom and dad who recently immigrated to Canada to build a better life and a brighter future for their children came to visit me in my constituency office, along with their newborn baby girl. The Zhang family can rest assured that their daughter will be supported by the Canada child benefit, money that can be used to help pay for such baby essentials as diapers and clothing. Indeed, since our government introduced the Canada child benefit, over 300,000 children across this great country have been lifted out of poverty.

The 2018 budget would ensure that families such as the Zhangs would continue to receive adequate assistance through the Canada child benefit in the long term by indexing it so that it would keep pace with the cost of raising a child.

That is not all. Under the previous government, we saw the continued disappearance of the middle class. Hard-working Canadians saw their wages stall, their hopes and dreams shattered as they struggled to pay rent and put food on the table. That is why our government has introduced, in this budget, the new Canada workers benefit, which would put more money back into the pockets of low-wage earners. This new benefit would encourage Canadians to join the workforce. It would provide real help to over two million lower-income workers and raise over 70,000 people out of poverty. By next year, the Canada child benefit and the new Canada workers benefit, along with our government's national housing strategy and enhanced benefits for seniors, would lift 650,000 Canadians out of poverty. That is real change that will make a difference in the lives of people, not only in Scarborough North but all across this great nation.

What is even more transformative, however, is our government's commitment to gender equality and pay equity. We all know that equal pay for work of equal value is not just the smart thing to do but is the right thing to do. After consulting with key stakeholders, such as employers, organized labour, researchers and other experts, our government is putting forth legislation to establish federal proactive pay equity. When women and girls are given a fair chance to succeed, we all reap the benefits. In fact, gender equality in the workplace could add $150 billion to the Canadian economy over the next 10 years. Our government is doing the smart thing and the right thing when it comes to equal pay for equal work.

Madam Speaker, I will be splitting my time with the member for Oakville North—Burlington.

Achieving gender equality also requires us to work together for environmental sustainability. All around the world, women and children are disproportionately impacted by the effects of environmental degradation. Here in Canada, Canadians continue to pay for the costs associated with increasing storms, floods, droughts, wildfires and extreme heat. It is clear that there is already a significant cost to pollution. That is precisely why our government is working to protect the environment, while growing the economy at the same time. By phasing out coal, protecting our oceans, and investing in renewables and public transit, our government is investing in Canadians and their future.

Not only have we created 500,000 new full-time jobs over the past three years, our carbon emissions are down, showing that economic prosperity and environmental sustainability go hand in hand. By listening to scientists and engaging with experts, our government would now be putting a price on pollution and growing a cleaner, greener economy at the same time.

Lower carbon emissions, air that is cleaner, emerging business opportunities and more money back in the pockets of Canadians: that is our plan to build a more sustainable and prosperous future for our children and our grandchildren. Speaking of that, investing in future generations remains a key goal of this budget.

I have worked with youth and in public education for most of my professional life, and I can attest to the importance of providing young people with opportunities to succeed, because when youth succeed, our nation succeeds.

Each year, over $330 million is invested in Canada's youth employment strategy, which enables young Canadians to gain important knowledge and hands-on job experience. Through the 2018 budget, our government would invest an additional $448.5 million over five years to enhance the youth employment strategy. This investment would fuel the success of our youth, allowing them to gain the skills and work experience needed to secure good, permanent employment through such initiatives as the Canada summer jobs program.

Last August, I met with some of the 260 youth employed at 51 organizations that are doing good work across my riding of Scarborough North. These summer jobs were possible thanks to $848,000 of federal funding through the Canada summer jobs program

Budget 2018 would go even further, proposing $46 million over five years, with an additional $10 million per year thereafter, for a new program to develop and enhance pre-apprentice training. This program would work in partnership with the provinces and territories, post-secondary institutions, training providers, unions and employers to help Canadians get trained, particularly under-represented groups such as women, indigenous peoples, those with disabilities and new immigrants. They will be able to explore different trades, gain invaluable work experience and develop the skills needed to succeed.

This budget is one all Canadians can be proud of. It would ensure that Canada's economy keeps growing while simultaneously providing more opportunities for the middle class and those working hard to join it.

It strives to improve our youths' present and their future and would take important strides in protecting our environment while simultaneously growing our economy. It would make smart investments and promote equality so that all Canadians can prosper.

All Canadians can feel confident in this budget and the real change our government is delivering, as I am.

Budget Implementation Act, 2018 No. 2Government Orders

November 1st, 2018 / 12:50 p.m.

Conservative

Bev Shipley Conservative Lambton—Kent—Middlesex, ON

Madam Speaker, the member's last statement was actually the most truthful. People will not believe the changes the Liberal government has made. In a time of a strong economy, with 3% growth, the Liberal government now has a $60-billion debt that has been added to a total debt of $675 billion, which Canadians will be required to pay interest on. That is incredible.

If jobs cannot be created in a strong economy, I suspect that Canadians will have to rely on members on this side of the House to bail them out when the crisis and deflation come.

I am wondering if you could tell me why U.S. investment in Canada has dropped 66% while Canadian investment in the United States has gone up 52%.

Budget Implementation Act, 2018 No. 2Government Orders

November 1st, 2018 / 12:50 p.m.

The Assistant Deputy Speaker Carol Hughes

I just want to remind the member to address his questions through the Chair.

Budget Implementation Act, 2018 No. 2Government Orders

November 1st, 2018 / 12:55 p.m.

Liberal

Shaun Chen Liberal Scarborough North, ON

Madam Speaker, our government has worked incredibly hard to achieve the new USMCA agreement between Canada and the U.S. We are looking forward to continuing to build on the economic prosperity that comes from the trade and investment between Canada and our closest ally and friend, the United States.

The numbers speak for themselves. Since our government has taken office, 500,000 net new jobs have been created in this country. Canada has one of the strongest economies in the G7, and in fact, we have the lowest net debt-to-GDP ratio.

Our government has made smart investments in infrastructure and in building the middle class and those working hard to join it so that our economy can prosper and we can build a better Canada for everyone.

In this budget, we would go even further, through pay equity legislation, through equality, and through environmental sustainability so that Canadians continue to prosper on the road ahead.