Economic Statement Implementation Act, 2020

An Act to implement certain provisions of the economic statement tabled in Parliament on November 30, 2020 and other measures

This bill is from the 43rd Parliament, 2nd session, which ended in August 2021.

Sponsor

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 amends the Income Tax Act to provide additional support to families with young children as the coronavirus disease 2019 (COVID-19) pandemic progresses. It also amends the Children’s Special Allowances Act to provide a similar benefit in respect of young children under that Act. As part of the Government’s response to COVID-19, it amends the Income Tax Act to provide that an expense can qualify as a qualifying rent expense for the purposes of the Canada Emergency Rent Subsidy (CERS) when it becomes due rather than when it is paid, provided certain conditions are met.
Part 2 amends the Canada Student Loans Act to provide that, during the period that begins on April 1, 2021 and ends on March 31, 2022, no interest is payable by a borrower on a guaranteed student loan and no amount on account of interest is required to be paid by the borrower.
Part 3 amends the Canada Student Financial Assistance Act to provide that, during the period that begins on April 1, 2021 and ends on March 31, 2022, no interest is payable by a borrower on a student loan and no amount on account of interest is required to be paid by the borrower.
Part 4 amends the Apprentice Loans Act to provide that, during the period that begins on April 1, 2021 and ends on March 31, 2022, no interest is payable by a borrower on an apprentice loan and no amount on account of interest is required to be paid by a borrower.
Part 5 amends the Food and Drugs Act to authorize the Governor in Council to make regulations
(a) requiring persons to provide information to the Minister of Health; and
(b) preventing shortages of therapeutic products in Canada or alleviating those shortages or their effects, in order to protect human health.
It also amends that Act to provide that any prescribed provisions of regulations made under that Act apply to food, drugs, cosmetics and devices intended for export that would otherwise be exempt from the application of that Act.
Part 6 authorizes payments to be made out of the Consolidated Revenue Fund
(a) to the Government of Canada’s regional development agencies for the Regional Relief and Recovery Fund;
(b) in respect of specified initiatives related to health; and
(c) for the purpose of making income support payments under section 4 of the Canada Emergency Response Benefit Act.
Part 7 amends the Borrowing Authority Act to, among other things, increase the maximum amount of certain borrowings and include certain borrowings that were previously excluded in the calculation of that amount. It also makes a related amendment to the Financial Administration Act.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.

Bill numbers are reused for different bills each new session. Perhaps you were looking for one of these other C-14s:

C-14 (2022) Law Preserving Provincial Representation in the House of Commons Act
C-14 (2020) Law COVID-19 Emergency Response Act, No. 2
C-14 (2016) Law An Act to amend the Criminal Code and to make related amendments to other Acts (medical assistance in dying)
C-14 (2013) Law Not Criminally Responsible Reform Act
C-14 (2011) Improving Trade Within Canada Act
C-14 (2010) Law Fairness at the Pumps Act

Votes

April 15, 2021 Passed 3rd reading and adoption of Bill C-14, An Act to implement certain provisions of the economic statement tabled in Parliament on November 30, 2020 and other measures
March 8, 2021 Passed 2nd reading of Bill C-14, An Act to implement certain provisions of the economic statement tabled in Parliament on November 30, 2020 and other measures

Economic Statement Implementation Act, 2020Government Orders

January 26th, 2021 / 5 p.m.

Liberal

Tony Van Bynen Liberal Newmarket—Aurora, ON

Madam Speaker, it is a pleasure to have the opportunity today to discuss our government’s plan to fight COVID-19 and support Canadians.

At the beginning of the pandemic, our government acted quickly and decisively to support Canadians through the crisis to help workers, businesses, the provinces and territories, municipalities, indigenous communities and public health officers to do the right thing. Our government has made major investments in health care, income support, paid sick leave and responding to the urgent needs of businesses. Our commitment to do whatever it takes to keep Canadians safe, healthy and solvent through the turbulence of this pandemic has always been at the heart of our plan to ensure that we are well positioned for a resilient recovery.

When the virus is under control and our economy is ready to absorb it, our government will deploy a stimulus package of up to between $70 billion and $100 billion over the next three fiscal years, roughly valuated at between 3% to 4% of GDP. The growth plan will help us jump-start our recovery toward an economy that is greener, more innovative, more inclusive and more competitive. We will make smart, time-limited investments that act fast, while also making a long-term contribution to our shared prosperity, our competitiveness and our green transformation. We will spend this winter working with Canadians to plan and prepare these investments when the virus is under control.

Canadians know that inequality makes our economy less resilient, so it is key for us to ensure that young people have the opportunity to acquire skills and work experience, that all Canadians have the means to find housing, that women can fully participate in our economy, that racialized Canadians and indigenous people who missed opportunities are given a chance and that all communities have the 21st century infrastructure that people need. This plan includes investments in good jobs for Canadians and helps deliver on our commitment to create millions of jobs and bring jobs back to pre-pandemic levels. The investments proposed in the fall economic statement will help us achieve these goals, lay the foundation for a fair and lasting recovery and create good jobs for all Canadians.

When it comes to jobs, many Canadians have already faced barriers to pre-pandemic employment, and they are now at risk of falling even further behind. This could have a long-term impact on their ability to build a career and create financial security for themselves and their families.

That is why our government proposes to invest an additional $274 million over two years to further bolster training programs for those hardest hit by the pandemic, including marginalized and racialized women, indigenous peoples, persons with disabilities and recent newcomers to Canada. This funding will support the indigenous skills and employment training program, the foreign credential recognition program, the opportunities fund for persons with disabilities and the women’s employment readiness Canada pilot project.

Let me reassure members of the House that our government is committed to ensuring that our job plan addresses the unique characteristics of this crisis and the disproportionate impact that COVID-19 has had on women. Job losses have affected people across Canada. They seem to have had a reassuring rebound, as 80% of the jobs lost at the beginning of the pandemic have been recovered, but employment gains have been slower for women.

As many of the hardest-hit industries disproportionately employ women, women have also faced a greater loss of earnings and hours worked. Lockdowns have led to closures of schools and child care centres across the country. For families with young children, it was more often than not mothers who took on the unpaid burden of care for children, many of them reducing their hours or leaving their jobs entirely. In September, our government announced in the Speech from the Throne that we will create an action plan for women in the economy to help more women get back into the workforce and ensure a feminist intersectional response to this pandemic and recovery.

With this fall economic statement, we are announcing the creation of a task force of diverse experts to help the government develop this plan. We are bringing the task force together in the coming weeks to begin the work of advising the Deputy Prime Minister and Minister of Finance on policies and measures to be included in the government's stimulus plan to support women's employment throughout the recovery period.

What is good for everyone must also be good for young people. The economic impact of COVID-19 on young Canadians is disproportionate. It is important that the government ensure that this pandemic does not derail their future.

Young people need to be able to transform their hard-earned knowledge and skills into secure, well-paying jobs. It is essential to their success and to Canada's future prosperity. That is why we are proposing to build on the employment, skills development and education supports available to young people and students over the summer. These measures include doubling student grants and funding for new employment opportunities with additional measures that will ease the financial burden on students and provide young people with more opportunities to gain work experience.

More specifically, we are proposing to allocate more than $44 million to the Canada summer jobs program to increase the number of internships available; invest more than $575 million over the next two years in the youth employment and skills strategy in order to be able to offer internships for young people; and eliminate the interest on the repayment of the federal portion of Canada student loans and the Canada apprenticeship loan program for 2021-22. This measure will apply to up to 1.4 million Canadians who are looking for work or are in the early stages of their careers.

The final issue I would like to touch on today is the work that we are undertaking to build a more inclusive and diverse Canada. Systemic racism and discrimination is a painful lived reality for Black and racialized Canadians and indigenous peoples. Data shows that racialized Canadians have experienced many of the worst health and economic impacts of the pandemic. Global events during the pandemic have also shone a spotlight on the realities of racism, particularly anti-Black racism, and that it still persists including here in Canada.

Our government has reiterated our commitment to fight racism is all its forms through clear and meaningful proposed investments in our fall economic statement. These are in a number of key areas: economic opportunity, representation at the highest levels of and throughout the public service, diversity in corporate Canada, modernizing the equity legislation to be truly inclusive, community empowerment, and action to address systemic racism in the justice system.

These measures reflect the advocacy and hard work of community leaders across Canada. We will ensure that senior government officials work directly with them to make sure that these programs are delivered as intended. Building on the previous investments, these are early steps in the work to be done to make sure that federal policies appropriately serve the historically underserved and in a manner that all Canadians deserve.

There is no doubt that the direction we take now will decide the future of our country. As members can see from the measures I have highlighted today, the government's stimulus package will make smart investments and create genuine sustained value for many years and generations to come. These are measures that will have a real impact on jobs in the short term and strengthen Canada's competitiveness in the long term. These are measures that will support people and communities hardest hit by this unparalleled economic crisis and provide economic benefits for a more inclusive workforce.

Bill C-14 is the first step in implementing these important measures and I hope that all of the House will support it. We must take advantage of the full potential of Canada and Canadians and what Canadians have to offer to create a stronger, more resilient Canada. Together, and now, is how we build the foundation for a better, fairer and more inclusive Canada for all, the Canada we all deserve.

Economic Statement Implementation Act, 2020Government Orders

January 26th, 2021 / 5:10 p.m.

Conservative

Cheryl Gallant Conservative Renfrew—Nipissing—Pembroke, ON

Madam Speaker, I do not like to disillusion the novice MP, but his Liberal government did not act decisively. The government knew about the virus in December and did not do anything about it until St. Patrick's Day. The government told us the virus was not contagious and then told us it was contagious. It told us not to wear masks and now it is the law to wear masks. Millions of people are without jobs, and the government wants to play gender politics.

Let us get the vaccines that people want so desperately so that they can get back to work and out from under Draco's code.

Economic Statement Implementation Act, 2020Government Orders

January 26th, 2021 / 5:10 p.m.

Liberal

Tony Van Bynen Liberal Newmarket—Aurora, ON

Madam Speaker, I must admit that I have been a banker for almost 30 years and have seen our economy endure things like sovereign debt crisis, the tech bubble, the real estate bubble and interest rates at 18%. One thing I have learned throughout all of these crises is it is important for us to work together toward a common goal and avoid acrimonious criticism, which is counterproductive for everyone. I believe this government is willing to work with others and is keen to make sure we have a Canada everyone is proud of.

Economic Statement Implementation Act, 2020Government Orders

January 26th, 2021 / 5:10 p.m.

Bloc

Louise Charbonneau Bloc Trois-Rivières, QC

Madam Speaker, I would like to thank the member for Newmarket—Aurora for his presentation.

I would like to hear what he has to say about farmers, a group that may have been forgotten in the suite of measures that the government wants to implement by passing Bill C-14. Have farmers been forgotten?

Economic Statement Implementation Act, 2020Government Orders

January 26th, 2021 / 5:10 p.m.

Liberal

Tony Van Bynen Liberal Newmarket—Aurora, ON

Madam Speaker, having grown up on a 50-acre farm, I understand the specific challenges many farmers are facing, based largely on the capital investment required and, in many cases, struggling with the return on equity. I believe our government has undertaken a number of programs that support farmers. That commitment continues and will sustain the farm community as a result of this government being committed to making sure that everybody shares in the recovery as soon as possible.

Economic Statement Implementation Act, 2020Government Orders

January 26th, 2021 / 5:10 p.m.

NDP

Matthew Green NDP Hamilton Centre, ON

Madam Speaker, in his remarks, we heard the member reflect that the government has done everything it can for the most vulnerable Canadians, but that simply is not true.

What does the hon. member have to say to the tens of thousands of Canadians living with disabilities, people who are in deep and dire need across the country who have still yet to receive a red cent from the government in support during COVID?

Economic Statement Implementation Act, 2020Government Orders

January 26th, 2021 / 5:10 p.m.

Liberal

Tony Van Bynen Liberal Newmarket—Aurora, ON

Madam Speaker, I would remind the member of the comments I just completed and the commitments this government has outlined with respect to supporting disabled persons.

Economic Statement Implementation Act, 2020Government Orders

January 26th, 2021 / 5:10 p.m.

Liberal

Lloyd Longfield Liberal Guelph, ON

Madam Speaker, the member for Newmarket—Aurora was also the mayor of Newmarket. Maybe in that role he gained a sense of how communities work through the not-for-profit organizations. The two of us have had some conversations about this as well.

Could the hon. member share his thoughts on the importance of supporting not-for-profits throughout this pandemic?

Economic Statement Implementation Act, 2020Government Orders

January 26th, 2021 / 5:10 p.m.

Liberal

Tony Van Bynen Liberal Newmarket—Aurora, ON

Madam Speaker, I genuinely believe that not-for-profit organizations play a critical role in the recovery. We have seen that through some of the programs that are undertaken by the United Way. There are many organizations that contribute to our economy. If we were to give consideration to the volunteer hours that are contributed to our not-for-profit organizations, it would be in the value of $80 billion. Some 4% of our GDP comes from not-for-profit organizations. These organizations are critically facing challenges and therefore, support for not-for-profit organizations is very important.

Economic Statement Implementation Act, 2020Government Orders

January 26th, 2021 / 5:15 p.m.

Liberal

Mark Gerretsen Liberal Kingston and the Islands, ON

Madam Speaker, I rise on a point of order. The member for Renfrew—Nipissing—Pembroke referred to the member as a novice member as if to suggest that somehow he was less capable of understanding the concepts that we are engaged in here in Parliament. We should not be referring to people in such a way. I for one enjoy listening to the refreshing remarks from a novice member such as this one.

Economic Statement Implementation Act, 2020Government Orders

January 26th, 2021 / 5:15 p.m.

The Assistant Deputy Speaker Carol Hughes

I do want to remind members to be careful with the wording they use. However, I believe that the point the member just raised is more of a point of debate.

Resuming debate, the hon. member for Kamloops—Thompson—Cariboo.

Economic Statement Implementation Act, 2020Government Orders

January 26th, 2021 / 5:15 p.m.

Conservative

Cathy McLeod Conservative Kamloops—Thompson—Cariboo, BC

Madam Speaker, this is a very important debate that we are having today. The most critical things facing this country right now are the fiscal economic situation and, of course, the vaccine situation. I have the privilege and honour of speaking to the vaccine issue this evening, which is where I am going focus most of my remarks in terms of the fiscal economic update.

Before us today we have Bill C-14, a bill to enact certain provisions of the economic statement. As members are aware, we had an economic statement tabled in this House. It was a fairly significant update, especially considering that we have not had a budget in in this House in the last two years.

First of all, I want to talk a little about history, because if I am leery about what the government is putting before us, it is with very good reason. As many people may recall, at one point the Prime Minister made the very infamous, or famous, comments about how budgets would balance themselves, and from the heart out. Clearly, budgets do not balance themselves.

In 2015 the current Liberal government had the good fortune to assume a very strong economy and a strong fiscal position. After working our way through the global recession, which was an extraordinary challenge, Conservatives did exactly what we said we would do. We said we were going to put some stimulus into the economy, and we put that stimulus in. We said we would get back to a balanced budget in a certain time frame. Many, certainly on my side of the House, miss our colleague Jim Flaherty, who was so articulate and so thoughtful in terms of how he was going to deal with both taking care of the economy of the nation and taking care of the government's finances.

After finding that budgets clearly do not balance themselves, the Liberals, who promised a balanced budget, found that they could not do that, so they started to talk about the debt-to-GDP ratio, and Liberals were actually having trouble meeting their fiscal anchors in terms of the debt-to-GDP ratio. Essentially what Liberals have done is abandon any sort of attempt at trying to maintain some sort of control, so we have no fiscal anchor.

Before the crisis hit, we had issues with an aging population and poor productivity. We had challenges and we were heading into some very difficult times. This was pre-pandemic. I do not know if people are aware of the flight of capital that was leaving this country because of some of the policies and positions the Liberal government was putting in place. We were seeing a flight of investments leaving Canada.

The pandemic, of course, is an extraordinary crisis, and countries across the world are having to determine how they are going to deal with this extraordinary crisis.

We now know that we have gone from a $20-billion-plus deficit to likely one over $400 billion and that we have surpassed $1 trillion in debt. Day after day, I have witnessed a Prime Minister out on the porch announcing significant dollars with unfettered concern.

I do want to say, for those Liberals who are listening, that yes, we supported those measures, and yes, they were important measures during these extraordinary circumstances, but we certainly did not support everything the Prime Minister was announcing every day. We did realize that the CERB and rental assistance had to go out. However, there is a difference between supporting measures in the pandemic and some of the unfettered spending that we have seen.

What we have before is a fiscal update and a vague commitment by the Minister of Finance that she was going to have to spend $100 billion to build back better, so Canadians can understand if we are a little leery in terms of what the Liberals plan to do and how they plan to do it.

Within this particular update, there are some important measures. I will talk about the area of specific concern in part 7 after I reflect on one part of what the concern was. This is where the government needs to do some soul-searching and really wonder how it handled this pandemic. I am talking about long-term care homes.

We know that the vast majority of the deaths from the pandemic have been in our long-term care homes. We knew that in phase one. When we look at the tragedy that is happening today and what is happening in our long-term care homes, it has to break our hearts.

I certainly remember that at the time, we said the government had a window of opportunity to prepare for phase two. We knew we had challenges in our homes and we knew we had some time between phase one and phase two. What happened? The government got so sidetracked with the WE scandal and other issues that, other than sending some money to the provinces to support vulnerable populations, it did nothing.

We now have a commitment from the government for a few things. One is $1 billion for our long-term care homes. It is too late. That $1 billion should have been in the hands of the provinces between phase one and phase two to deal with infection control and do the minor modifications that would make the environment safer through investing capital into infrastructure for airflow. The Liberals had a window of opportunity; they missed it, and now they are saying that they are going to give $1 billion. By the time that money gets out the door, hopefully our residents will be vaccinated, but they missed an opportunity to do what needed to be done, and now they are saying they are going to give $1 billion for measures that should have been done months ago.

The other thing is that their answer to long-term care was talking about national standards. Whether one agrees with national standards or does not agree, everyone in government knew that it would take years to develop national standards. It was not a measure that was going to deal with the crisis of the pandemic.

What we have is a government that was negligent. The Liberals were sidetracked because they were so busy handing dollars to their friends at WE that they did not do the basics that they should have been doing to prepare for wave two, and that negligence is on their shoulders.

That is just one part of the fiscal update, and when I read it, it broke my heart, because it is too late. It should have been there earlier, so I felt it was important to draw attention to that particular component.

To go back to the main legislation, perhaps the reason that I find it so difficult to support it is that we have not had a budget. We had an economic update. We had some very vague talk from the finance minister about building back better, picking their winners and losers and, if it is anything like WE, making sure that Liberal-friendly companies were part of that build back better idea.

What they have asked for in part 7 is spending authority to be able to borrow money that far exceeds even their $100 billion. For any parliamentarian to give that authorization for borrowing power to the Government of Canada without having had a budget in the last two years is, quite frankly, irresponsible.

Therefore, I would recommend that the government take part 7 out of this legislation. Let us move forward with those measures in parts 1 to 6 that are actually going to help people. That would certainly be an approach that would be supportable.

Economic Statement Implementation Act, 2020Government Orders

January 26th, 2021 / 5:25 p.m.

NDP

Brian Masse NDP Windsor West, ON

Madam Speaker, I know that the member has worked on the issue of Anbang and the Chinese state government takeover of Canadian long-term health care facilities, and I ask her whether now would be the appropriate time to review the for-profit model. Between those government-controlled investments and private equity firms, a series of things have taken place, and in my neck of the woods here, it is our private facilities that have had the biggest problems with COVID illnesses and deaths and require government intervention.

Therefore, I ask her for her thoughts on why it is so important, as we have an aging population, to continue to have a profit-driven model to care for our loved ones, as opposed to a not-for-profit model. In a not-for-profit model, the profits and proceeds, if there were any, would be modest, but more importantly, they would be rolled back to protecting and providing a quality of life that is of a higher standard, as opposed to making a profit and shipping it out of our country at the expense of our seniors.

Economic Statement Implementation Act, 2020Government Orders

January 26th, 2021 / 5:25 p.m.

Conservative

Cathy McLeod Conservative Kamloops—Thompson—Cariboo, BC

Madam Speaker, we did express great concern about the Anbang takeover of our seniors' facilities. It is a state-owned enterprise, and I think it is important to note that previous to the pandemic, when a number of those facilities on the island were found to be providing inadequate care, the health authority actually had to take them over.

I remember, and at the time they should have been held accountable. When we were questioning on Anbang and its takeover, the Prime Minister raved about the standards and how the provinces had excellent quality and would make sure there were no issues with standards in our care homes. Again, that is something that he needs to be held accountable for.

Economic Statement Implementation Act, 2020Government Orders

January 26th, 2021 / 5:25 p.m.

Green

Elizabeth May Green Saanich—Gulf Islands, BC

Madam Speaker, I have to say to my friend from Kamloops—Thompson—Cariboo that we have a blind date tonight. We are featured in the TVO show that is coming up tonight.

In any case, my question is about whether she shares my concern that in this pandemic we are seeing too many really important small businesses that play a big role in our transportation and tourism infrastructure being pushed into facing bankruptcy. No government program is yet helping them. The coach bus line services across Canada are calling out for help, and they are not getting it. In my area here on Vancouver Island, it is Wilson's bus lines, but we are talking coast to coast, including all the way to Maritime Bus in the Maritimes.

I wonder if my hon. colleague has any comments on that.