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 was last introduced in 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 often publishes better independent summaries.

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.

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

February 22nd, 2021 / 12:10 p.m.
See context

Conservative

Marilyn Gladu Conservative Sarnia—Lambton, ON

Madam Speaker, I would like to follow up on the comments about vaccinations. I was astounded when the health minister was asked how many people would have to be vaccinated before the lockdowns would end and we could start to reopen the economy. Her response was that they were not even sure whether someone could transmit or get COVID after having a vaccine.

It is clear that the government does not have a plan to exit the pandemic. I wonder if my colleague could comment on that.

Economic Statement Implementation Act, 2020Government Orders

February 22nd, 2021 / 12:10 p.m.
See context

Conservative

Kerry Diotte Conservative Edmonton Griesbach, AB

Madam Speaker, that is a great observation. It is the real fear. Canadians are following public health orders. They are doing everything they are being told to do, generally speaking. They are trying to look around the corner to see what is coming. Unfortunately, that future still looks rather grim.

As I mentioned in my comments, I read this morning that the United States had vaccinated more people in one day than Canada had vaccinated in its entirety. To me, that speaks of a very weak Liberal plan. Unfortunately, it is very grim news for everybody when there is so little planning.

Economic Statement Implementation Act, 2020Government Orders

February 22nd, 2021 / 12:10 p.m.
See context

Liberal

Mark Gerretsen Liberal Kingston and the Islands, ON

Madam Speaker, if people listened to the previous Conservative member's question and that member's answer to it, they would have no idea what we are talking about.

This is nothing more than a delay tactic by the Conservatives because they do not want this bill to be voted on in the House. They are using certain pandemic measures put forward by this government to take care of Canadians during a pandemic as a political tool to prevent the bill from moving forward. They are basically forcing this side of the House to at some point move closure on the bill because they refuse to have a vote on the floor. It is shameful that the member is part of this action. It is easy to see that in the last exchange between him and the other Conservative member.

I will give the member one last opportunity to actually talk about something that is in the bill. Would he like to do that?

Economic Statement Implementation Act, 2020Government Orders

February 22nd, 2021 / 12:15 p.m.
See context

Conservative

Kerry Diotte Conservative Edmonton Griesbach, AB

Madam Speaker, it is interesting that it is a Liberal who believes that rigorous debate should not be allowed, and that just shows you how out of touch you are. I am sorry that—

Economic Statement Implementation Act, 2020Government Orders

February 22nd, 2021 / 12:15 p.m.
See context

Liberal

Mark Gerretsen Liberal Kingston and the Islands, ON

Madam Speaker, I rise on a point of order. I do not think you are out of touch. The member said that you are out of touch. For the record, you are not out of touch; you are a fine Speaker. He should not be talking about you like that.

Economic Statement Implementation Act, 2020Government Orders

February 22nd, 2021 / 12:15 p.m.
See context

Liberal

The Assistant Deputy Speaker (Mrs. Alexandra Mendès) Liberal Alexandra Mendes

I thank the hon. member for defending my honour.

The hon. member for Leeds—Grenville—Thousand Islands and Rideau Lakes.

Economic Statement Implementation Act, 2020Government Orders

February 22nd, 2021 / 12:15 p.m.
See context

Conservative

Michael Barrett Conservative Leeds—Grenville—Thousand Islands and Rideau Lakes, ON

Madam Speaker, on that point of order, and not to speak for my colleague, as often happens in this place, members in responding to one of their colleagues, through you, do direct their comments in that fashion. While I agree with the member for Kingston and the Islands that the Speaker is not out of touch, I expect that the member for Edmonton Griesbach was referring to the member for Kingston and the Islands being out of touch.

Economic Statement Implementation Act, 2020Government Orders

February 22nd, 2021 / 12:15 p.m.
See context

Conservative

Robert Gordon Kitchen Conservative Souris—Moose Mountain, SK

Madam Speaker, it is unfortunate I am not in Ottawa when I talk about Bill C-14 today. That is where my constituents expect all MPs to be when the House is sitting.

Before I begin my remarks, I would like to take a moment to recognize and thank my constituents in Souris—Mouse Mountain. I thank them for having faith in me as their member of Parliament, a role I am proud to serve in each and every day. I also commend them for how they have been handling this past year and all the uncertainty that came with it. It has been inspiring to see communities come together in the face of adversity, and I encourage everyone to keep up the great work. They are making a difference.

With respect to today's debate, I am disappointed but not surprised at the state Canada finds itself in thanks to the government's uncontrolled spending and lack of action where it counts. As it stands, Canada has the second-highest unemployment rate in the G7. This places us just above above Italy, a country that has been plagued with fiscal problems and instability for years now. This is not exactly a ranking to be proud of, yet the Liberals have not taken any concrete measures to improve Canada's standing in a meaningful way, despite their claims to the opposite.

In fact, under these Liberals, Canada has seen the slowest rate of economic growth in the G7. It is no mystery why competitiveness has fallen dramatically, as these go hand in hand. Without solid economic growth, there is no incentive to invest in Canada, and without those necessary investments, Canada becomes less and less competitive on the world stage.

Furthermore, the government has done little to nothing to encourage actual meaningful investment in the industries that need it now more than ever, such as the energy industry. One example of the government's failure in this regard is the recent cancellation of the Keystone XL pipeline. This pipeline stood to benefit thousands of Canadian workers through the jobs it would create, not just temporarily during construction but also through the longer-term jobs associated with maintaining and operating this pipeline. In some cases, Keystone XL and the economic boost from it was bolstering entire communities. The economic spinoff would have created significant private sector industry tax dollars, which provide for many social programs.

The Prime Minister does not seem to realize the potential severe impacts of the trickle-down effect. When any key project like Keystone XL is cancelled, it immediately impacts the workers who are directly employed to work on it, such as construction crews or transportation companies. Many will need to consider moving elsewhere to find gainful employment, such as those working for service companies, restaurants, movie theatres, clothing stores, city, town and village staff and more. This means that many communities experience a mass exodus, something we continue to see the devastating impacts of.

I would like to take a brief time to talk about just two of the many of my constituents hugely affected by this situation. Jeff is a young oil field worker from the Moosomin area who lost his job in March with the usual slow down from the spring breakup, and who went on EI and spent months trying to get support. However, Service Canada closed down and there was nobody to talk to in person. Nobody would answer his phone calls or respond with call backs. He was desperate and close to broke.

Jeff searched high and low for work and found some with K+S north of Regina. He was then laid off. He went to Fort St. John and found work as an apprentice pipe-fitter, but he was laid off again before Christmas. He was rehired last month and finally, fingers crossed, last week, which is now closing in on a year, we managed to get him in contact with somebody and hopefully he will get some resolution to his EI issue. Bill C-14 has done nothing to assist him or many others like him.

Let me also introduce the House to Ryan, another hard worker who lost his job due to the government's lack of interest in assisting people who work in the energy sector. He is a young father of two, whose wife is expecting her third child. He is struggling to make ends meet in a community that has been severely impacted over the last five years by the loss of jobs. He searched and searched for work throughout this time, spending any savings he had to survive, paying power bills, heating bills, clothing bills and family bills, as they had a brand new baby. They were so desperate they had to start going to the food bank. I thank all those who donate and assist the food banks, specifically the Salvation Army and the Community Hamper Association of Estevan, including Char Seeman, Julie Bayda, Mel Pearson and Shelley Dayman, just to name a few.

Christmastime came to Ryan and his family and the limited food they got had a huge impact on the family's self-esteem and mental health. Ryan finally found some work last month, and the first thing he and his wife Stephanie did was take what extra cash they had to help by buying support meals for others who are just as desperate.

These Canadians do not want a handout; they want a hand up. They want jobs. In my riding of Souris—Moose Mountain, communities like Estevan, Weyburn, Moosomin and Coronach were hit hard. We saw first-hand what happens when a key industry is reduced to a fraction of what it once was.

This pandemic has compounded the problems. Businesses closed left, right and centre, and not just those connected to the energy industry. Restaurants, retail stores, supply companies, auto garages, etc., were forced to close their doors because the customers were simply not there. Families had to uproot from the towns and cities and, most importantly, the people they knew and loved, because they had no way to pay the bills.

When the federal government, specifically the Prime Minister, failed to advocate for the continuation of projects like Keystone XL, it was tantamount to telling everybody affected, the energy workers, that the government does not care about them. It is not just Keystone XL; Keystone is just one high-profile issue. The energy industry in general has suffered from a lack of support and advocacy by the current government.

As I stated before, Canada has dropped in its ranking of competitiveness, and part of that is certainly due to the lack of investment in our energy sector. Why would a private company see Canada as a stable place to invest when its our Prime Minister regularly helps to stymie the network of development and large energy projects that would help boost our economy? This lack of leadership and support is pushing businesses away from Canada, and the Prime Minister does not care. It is clear that he cares more about the image of his party. As I am an MP for a riding that has seen the devastation that his apathy causes, I am truly disgusted. Perhaps the Prime Minister will wake up should Enbridge Line 5 be cancelled, but I am not counting on it.

I would like to go back to the numbers now, as I believe they paint an alarming picture of the situation Canada is currently facing. While we certainly understand that programs are needed to help Canadians get through the pandemic, it is concerning that there seems to be a plan to increase spending and yet no plan to recover our economy. This year, the deficit is projected to be over $380 billion, which will bring the national debt to a record-setting $1.1 trillion. We have now gone two years without a federal budget, and the bill we are debating today does not outline how we are going to dig ourselves out of this deep hole. It is both reckless and irresponsible.

When these alarmingly high numbers are coupled with a Prime Minister who does not aggressively advocate for Canada, whether in regard to our vaccine supply, the future of our much-needed energy projects or the entirety of the oil and gas industry, which accounts for over 10% of our country's economy, it paints a scary picture of our future. Even before COVID-19, we were worried that our children and grandchildren would be footing the bill for the current government's ludicrous spending, and now that seems to have become an inevitability. In fact, it will be our great-great-grandchildren will have to wait see a recovery from this.

In conclusion, my constituents want to be confident that their Prime Minister has a plan for them and for the recovery of this country's economy. Bill C-14 would do absolutely nothing to instill this confidence. If anything, all it shows is more money going out the door, without any kind of indication as to how we will rebuild. In a time of fear and uncertainty, the government owes it to Canadians to show real, committed leadership, but all the Prime Minister does is add to his laundry list of failures.

As for me, I will continue to fight for the great people of Souris—Moose Mountain, including the energy workers, the agricultural producers, the small business owners and everyone in-between. Our country deserves much better than the current Liberal government has given over the last five years and it is time for a change.

Economic Statement Implementation Act, 2020Government Orders

February 22nd, 2021 / 12:25 p.m.
See context

Liberal

The Assistant Deputy Speaker (Mrs. Alexandra Mendès) Liberal Alexandra Mendes

Questions and comments.

Resuming debate, the hon. member for Sherwood Park—Fort Saskatchewan.

Economic Statement Implementation Act, 2020Government Orders

February 22nd, 2021 / 12:25 p.m.
See context

Conservative

Garnett Genuis Conservative Sherwood Park—Fort Saskatchewan, AB

On a point of order, Madam Speaker, I was actually raising my hand for questions and comments, and I am speaking as well afterwards. May I ask a question, or did I miss the window for that?

Economic Statement Implementation Act, 2020Government Orders

February 22nd, 2021 / 12:25 p.m.
See context

Liberal

The Assistant Deputy Speaker (Mrs. Alexandra Mendès) Liberal Alexandra Mendes

Yes, the member may ask a question, of course.

Economic Statement Implementation Act, 2020Government Orders

February 22nd, 2021 / 12:25 p.m.
See context

Conservative

Garnett Genuis Conservative Sherwood Park—Fort Saskatchewan, AB

Madam Speaker, my colleague comes from Saskatchewan and I am from Alberta; we have similar issues with the impact on energy workers. There is a lot of frustration with some of the earlier bills: Bill C-48 and Bill C-69. We know those bills predate the pandemic. However, when we are thinking about how the economy is going to recover post-pandemic, those bills are a big barrier to Canada's looking like an attractive investment destination.

Could the member speak further to some of that legislation and share his feedback on what could and should be done in response to that climate of Canada's not looking like a great place to invest with these bills in place, particularly in the context of our energy sector?

Economic Statement Implementation Act, 2020Government Orders

February 22nd, 2021 / 12:25 p.m.
See context

Conservative

Robert Gordon Kitchen Conservative Souris—Moose Mountain, SK

Madam Speaker, the hon. member is right. Ultimately, we are seeing investment dollars leaving this country, left, right and centre. The money is leaving from the western part of the country, heading south or to other parts, because investors are seeking better places to invest. Why would they not?

If we want to talk about what is going on in Bill C-14, I would like to point to the Borrowing Authority Act that the bill is going to amend. The government seems very quiet about the fact the bill is going to increase the amount it can borrow to $1,831,000,000,000. That is sort of like when someone gets their Visa bill and they have to pay their limit, and all of a sudden they see at the top that Visa has increased the amount, without telling them.

I do not hear the government speaking at all about this amount, so that Canadians could truly see how much the government is actually trying to increase its spending.

Economic Statement Implementation Act, 2020Government Orders

February 22nd, 2021 / 12:25 p.m.
See context

Conservative

Luc Berthold Conservative Mégantic—L'Érable, QC

Madam Speaker, I would like to thank my colleague for his speech. I think the fall economic statement was full of intentions and promises to spend billions of dollars going forward, but it lacked a real plan or any concrete sense of direction for how the government planned to actually invest that money. That is deeply troubling, especially considering all it has failed to do in the past.

I would like to know if my colleague is concerned about that lack of a plan, that lack of a planning process, and all the ad hockery in the fall economic statement as it pertains to the future of the Canadian economy.

Economic Statement Implementation Act, 2020Government Orders

February 22nd, 2021 / 12:30 p.m.
See context

Conservative

Robert Gordon Kitchen Conservative Souris—Moose Mountain, SK

Madam Speaker, the member makes a very good point, and that is the fact that the present Liberal government has done no planning whatsoever for the last five years.

A prime example is right here, on investments and getting people and businesses going in this country, but it is also evident in how the government has been doing with the rollout of vaccines and PPE. There was no planning. The government made a statement on a Friday, before the weekend, and then all of a sudden, without hearing any responses or having any idea of what is out there, it rolled it out without any type of plan for its impacts.

The government has not talked with the Conservatives at all on this aspect. It rolls things out on its own. Planning and being a team coach means talking to players. It means hearing from each and every one of them; then taking parts of what they say to help improve what is being done. It is not just running out helter-skelter without having an official plan and procedures. It is not A, Z, B, D; it is A, B, C, D.