An Act to amend the Income Tax Act (capture and utilization or storage of greenhouse gases)

This bill was last introduced in the 43rd Parliament, 2nd Session, which ended in August 2021.

Sponsor

Greg McLean  Conservative

Introduced as a private member’s bill. (These don’t often become law.)

Status

Defeated, as of June 9, 2021
(This bill did not become law.)

Summary

This is from the published bill. The Library of Parliament often publishes better independent summaries.

This enactment amends the Income Tax Act to establish a tax credit for the capture and utilization or storage of certain greenhouse gases.

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

June 9, 2021 Failed 2nd reading of Bill C-262, An Act to amend the Income Tax Act (capture and utilization or storage of greenhouse gases)

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 1:45 p.m.
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NDP

Gord Johns NDP Courtenay—Alberni, BC

Madam Speaker, everyone across the country is being impacted by the opioid crisis, and it is preventable.

These are fentanyl-poisoned drugs that people are using right now, when they need a clean source. The member asked about some of the solutions. We need therapeutic treatment centres like those in Portugal. We need the government to actually declare it a national public health emergency and to build affordable housing, so that we can get people in stable housing and get them the wraparound supports they desperately need. It is the only way we are going to resolve this issue.

I appreciate the pilot project in Vancouver and Victoria that is happening right now, but they need to broaden that right across the country. In rural communities, like where I live in Port Alberni, I have seen three of my friends' kids die in the last six months. I have not seen them, but I have known them, and these are lives that are lost that are all preventable deaths. That could have been done with common-sense policy, and instead the government is right now playing politics. That is costing people lives, and it is unnecessary. The Liberals need to take urgent action. They need to listen to Moms Stop the Harm. They talk about listening to public health, emergency and medical experts. Why are they not doing that right now, when it comes to the opioid crisis?

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 1:45 p.m.
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NDP

Alistair MacGregor NDP Cowichan—Malahat—Langford, BC

Madam Speaker, I would like to give a shout-out to the member for Courtenay—Alberni. We are in neighbouring ridings on Vancouver Island, and I always appreciate his interventions in the House and the work that he does on behalf of his constituents.

I am also pleased to be participating in today's debate to represent the good people of Cowichan—Malahat—Langford and give some of my thoughts on Bill C-14, which is coming back to the House after its long journey through committee and is to implement certain provisions of the economic statement that was tabled in the House all the way back on November 30, 2020. I have a feeling that the bill, in a week's time, is going to be greatly overshadowed by the federal budget: the first one we are going to have seen in two years. It is going to be interesting to see what the government does with its budget implementation act and with Bill C-14, because it has taken a long time for us to get to this stage.

This is important to underline because a lot has changed in our country and around the world since the economic statement was delivered in November. In those days, we were just starting to get into the throes of the second wave of the pandemic. A lot of people were hoping that, by the spring, public health measures would have taken effect and we would largely be getting out of this ordeal, but that has not come to be. We are now very much in the grip of a third wave, and this one is very concerning because of the dangerous spread of variants of concern. Provinces such as Ontario and my home of British Columbia are seeing very worrying spikes, and this is certainly not a time for us to let up on our guard. It is certainly not a time, in particular, for the federal government to contemplate anything like an election, but it is a time to make sure the government is still there for individuals and for small businesses until our public health experts give us a clean bill of health. Until they declare that this pandemic is over, it is very important that all levels of government continue to focus on getting us through this.

I want to underline that people are exhausted. Pandemic fatigue is very much in place. We have been going through this for over a year. People are scared. They are worried about their futures, and people are wondering how much more we can go through. That underlines the importance of the federal government still being there.

I want to give a shout-out to communities like Port Renfrew, Lake Cowichan, Chemainus and Crofton, all the way down through the Cowichan Valley to its southern tip and the great city of Langford and the District of Highlands. The story is the same no matter which one of those communities people are in. Businesses have closed or they are operating on a razor's edge. People have lost their jobs. Front-line health care workers in hospitals in the region are dealing with so much. I want to give a shout-out to their efforts and say that we are certainly not all in this together, but we are in the same storm. Some of us have had a far greater ability to get through this than others, and for those who have been less fortunate it is very important that we collectively look after their interests.

In order for us to get through this pandemic, Canadians are looking for some semblance of normalcy. I agree with that, but I also think they are looking for innovative and ambitious measures to fight the pandemic and to get us on to the recovery. While there are a lot of things in Bill C-14 that I can support, unfortunately there are a lot of half measures. I want to see far more commitment to strengthening our communities over the long term.

For example, I know there have been commitments made recently by the finance minister with respect to strengthening our child care system. Unfortunately, this is a promise that we have seen all too often from the Liberal Party and, while in Bill C-14 we see measures to increase child benefit payments, it remains to be seen what kind of measures will actually be in next week's budget about strengthening the child care system. When I speak to many parents in my riding, the biggest concern aside from cost is availability. There simply are not spaces.

If we truly want parents to have full economic opportunity to participate in the workforce, particularly women who have been among the hardest hit in this pandemic, it makes economic sense to have those child care spaces so that small businesses are not losing valuable employees. When businesses are working with a staff of four or five people and they lose one, it can be devastating. It makes economic sense to be putting in these measures.

I want to go over a few things in Bill C-14. One helpful thing it would do is lift the interest on student loans for a full fiscal year: from April 1, 2021, through to March 31, 2022. However, this clause is a perfect example of how the Liberals like to govern: It appears they are tackling a problem, but they are really only paying it lip service.

Students have been particularly hard hit by this pandemic. I recently spoke with the Simon Fraser University Student Society. They are reporting that many of their members are using the food bank and skipping meals every single day to make their monthly budgets stretch.

Why not be bolder? Why not eliminate the interest on student loans altogether and give young people a real chance and opportunity at a time when society expects them to be at their most productive?

The federal government should not be profiting on the backs of students, through loans. We should be bold and get rid of the interest on student loans altogether. Let us give young people a real hand up to make their way in the world once they exit post-secondary education.

A part of Bill C-14 refers to payments from the consolidated revenue fund toward some regional development agencies. That is good to see, but members will recall that the federal government recently made a big announcement about British Columbia getting its very own regional development agency. That is a great thing. Our province is unique. It needs to be split off from the other western provinces to recognize our unique needs.

However, since the announcement, we have heard nothing else. The details on how this new B.C. RDA is going to come into being remain scarce. I certainly am hoping for much more detail on it.

In the final bit of my speech, I want to speak specifically on the opioid crisis. In Bill C-14, there is an authorized payment of $64.4 million for mental health and substance use in the context of COVID-19. I want to be very clear that I think any investment in this area is welcome news. My main problem is with the amount: $64 million of investment.

I acknowledge previous investments have been made, but $64 million spread across the country is very much a drop in the bucket. Communities like mine of Cowichan—Malahat—Langford are suffering under the opioid crisis. Every single death from fentanyl poisoning is preventable. I really need to give a shout out to the small business owners and front-line health care workers who are in the middle of this every single day. I live in a province that has been dealing with this crisis for many years, but last year we had a record number of deaths. The problem is not going away.

We do not need just $64 million of investment. We need a federal government that is going to step up to the plate, declare a national health emergency, and work with full decriminalization of personal amounts. I know the government has introduced Bill C-22 with a declaration of principles, but that is not going to go far enough. When the Province of B.C. and the Canadian Association of Chiefs of Police are both asking for decriminalization and the federal government does not deliver, that is a very big problem.

The federal government needs to step up to the plate. The time for half measures in this area is well and truly over. We need bold policy.

There is a lot to speak to in Bill C-14. It is quite a big bill. At this point, I would welcome any comments and questions from my colleagues.

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 1:55 p.m.
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Liberal

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

The questions and comments for the hon. member will come after Oral Questions.

The House resumed consideration of the motion that Bill C-14, An Act to implement certain provisions of the economic statement tabled in Parliament on November 30, 2020 and other measures, be read the third time and passed.

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 3:25 p.m.
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Liberal

The Speaker Liberal Anthony Rota

Resuming debate, the hon. member for Cowichan—Malahat—Langford has five minutes remaining for questions and comments.

Questions and comments, the hon. member for Sherwood Park—Fort Saskatchewan.

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 3:25 p.m.
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Conservative

Garnett Genuis Conservative Sherwood Park—Fort Saskatchewan, AB

Mr. Speaker, I was listening to my colleague's remarks before question period began. He spoke about the opioid crisis in great detail, and I share with him the sense of urgency in needing to take action. I would also say that the urgency should direct us to make sure that the action being proposed is the correct action. It is not enough to take action if we are not relatively certain that the action proposed moves in the right direction. It would seem to me that there was a great risk in his proposal for decriminalization at the present time, especially when the treatment available simply is not adequate, as I think he would acknowledge. If we undertake measures that would make it easier for people to access dangerous drugs without having treatment in place, it could create much greater risk in terms of people being exposed and getting addicted.

Would the member agree that a better approach emphasizes public health as well as an opportunity for intervention when somebody may be vulnerable? Intervention could encourage them to seek help and treatment.

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 3:25 p.m.
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NDP

Alistair MacGregor NDP Cowichan—Malahat—Langford, BC

Mr. Speaker, I appreciate the question from my hon. colleague.

Decriminalization is not being called for just by the NDP. I made mention of the Canadian Association of Chiefs of Police. I made mention of the provincial government of British Columbia. The chief medical health officer of British Columbia and countless experts in the field have all identified decriminalization as an important step out of many that we need to take.

The stigmatization with the ongoing criminality of drug use is a major barrier to people getting help in the first place. I agree that we need a lot of treatment options. This is one step in a continuum of care, but I would argue that it is a very important step, especially for people who are suffering from ongoing stigma and who may not get the help they need because of it.

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 3:25 p.m.
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Winnipeg North Manitoba

Liberal

Kevin Lamoureux LiberalParliamentary Secretary to the President of the Queen’s Privy Council for Canada and Minister of Intergovernmental Affairs and to the Leader of the Government in the House of Commons

Mr. Speaker, my question is regarding the issue of timing. This is a piece of legislation that has been before the House since last year. In fact, we can go back to when the Minister of Finance tabled the economic statement at the end of November last year. I wonder if my friend could provide his thoughts. Given the importance of this legislation and getting it passed through the system, why does he believe it has taken as much time as it has?

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 3:25 p.m.
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NDP

Alistair MacGregor NDP Cowichan—Malahat—Langford, BC

Mr. Speaker, I am sure there are many reasons, but if I look at how the Liberals have been scheduling House business over the last couple of months, it has been a bit of a scattergun approach. There does not seem to be any rhyme, reason or logical following for which bills are being brought up for debate. As for delay, when the Liberals decided to bring in a motion accepting Senate amendments to Bill C-7, it led to a whole new round of debate on a bill that the House had already presented its opinion on. This, of course, sidelined many other important pieces of legislation.

I just wish that in the weeks ahead we would have a little bit more reasoning behind the scheduling of House business. I would agree with him that Bill C-14 has some important measures, and that Canadians would like to see some of the measures passed.

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 3:30 p.m.
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NDP

Leah Gazan NDP Winnipeg Centre, MB

Mr. Speaker, in 1970, a national child care system was recommended by the Royal Commission on the Status of Women in Canada. Moving forward to 1993, the Liberals, in their platform, promised a national child care strategy. We have now been waiting 28 years for something that has been called for by child care workers across the country.

How critical is it for the Liberal government to address this matter if we truly are going to honour the “she-covery” everybody is calling for?

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 3:30 p.m.
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NDP

Alistair MacGregor NDP Cowichan—Malahat—Langford, BC

Mr. Speaker, I share my colleague's concerns with Liberal promises of decades that have gone by. Hopefully this is one promise that we will see an absolute commitment to, because it is incredibly important.

I speak to young families in Cowichan—Malahat—Langford. Often the complaint is that it is simply not affordable or not worth it for a person to get a second job because they would not be bringing in enough money to deal with the cost of child care. Aside from the cost, availability is also a huge issue.

We really want both partners in young families to have an opportunity to join the work force and increase their economic opportunities. That is something that has been backed up by multiple chambers of commerce. The smart economic investment for families and their well-being is substantial investment in child care.

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 3:30 p.m.
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Vaughan—Woodbridge Ontario

Liberal

Francesco Sorbara LiberalParliamentary Secretary to the Minister of National Revenue

Mr. Speaker, it is great to see everyone virtually as we start the next few weeks of Parliament sitting. I hope all my colleagues are doing well, and I wish all the best to them and their respective families.

Today, I am speaking to Bill C-14, which we know contains many valuable measures to assist Canadian families as they continue to battle through COVID-19, just as the country and the world continue to battle through COVID-19. Thankfully the vaccines are arriving, and people are receiving their vaccinations. It is great to see the increase of the daily vaccination count here in the province of Ontario and to see people wanting to receive the vaccine.

Before I begin my formal remarks, I would like to say a quick thank you to all the front-line workers, including the individuals at Canada's Wonderland, and at the new Cortellucci Vaughan Hospital here in the city of Vaughan, who are getting people vaccinated, doing it for hours and hours a day, and doing it with a smile. It is great to see.

That is what Canada is about, our ability to rise to the occasion. That is what Canadians are doing on a daily basis, and what they expect from the 338 members of Parliament. They expect us to do the good work we are sent here to do and make sure we have their backs. We always need to think about that.

Bill C-14 would implement several measures from the 2020 fall economic statement that would provide critical support to Canadians and businesses during the pandemic. These measures are targeted and offer a lifeline to Canadians who need them most at this critical time in their lives, and at a critical time for the country.

Allow me to outline some of the key measures that this bill would put in place. There would be immediate support for families with young children. Families have been facing uncertainty with cancellations of in-person classes at schools, as well as day care closures. As a result many families with young children have had to find temporary alternatives to their regular child care arrangements. This is often at higher and unanticipated costs for Canadian families with children. It has also placed an undue burden on caregivers, the majority of whom are women.

The government is committed to helping the many families who have been struggling with a wide range of unexpected expenses. Bill C-14 would provide immediate relief for low- and middle-income families with young children who are entitled to the Canada child benefit, or CCB. We are calling it the young child supplement. For these families, we are proposing to provide up to $1,200 in 2021 for each child under the age of six. This would represent an increase of almost 20% over the current maximum annual CCB payment and would have a meaningful impact for families in need of this support during the pandemic.

As I was about to begin today's speech, we received news here in the beautiful province of Ontario that the Minister of Education would be indefinitely postponing in-class learning for students across Ontario. My understanding is that means two million children will now be at home for an additional few weeks. It is the delayed spring break this week. My two daughters are at home, and I now anticipate they are going to be home for several more weeks.

I implore all members of the House to get this legislation passed. Let us get it to the Senate and let us get royal assent on it, so that we could provide assistance to all these families here in Ontario and, of course, across Canada, so they can ensure their kids are looked after and any additional expenses are covered. Frankly, individuals should not be faced with tough choices for their families, in terms of food or school supplies or anything of that nature that we do not even want to imagine or think about.

Again, I ask all members of Parliament, and I ask the official opposition, to join us in passing Bill C-14. Specifically, if there is one measure in here that we could all agree upon, it is the Canada child benefit. Let us get this entire bill done and through Parliament.

Families entitled to the CCB who have a net income above $120,000 would receive a total benefit of $600 for each child under the age of six. The support would automatically be delivered or deposited over the course of 2021 into the bank accounts of families entitled to the CCB. Those who have a net income at or below $120,000 would receive the maximum of $1,200. These payments would start to roll out shortly, after the passage of Bill C-14.

This temporary assistance would directly benefit about 1.6 million families, which represents about 2.1 million children, during a period when families are still grappling with the financial impacts of the pandemic and the recent third wave, which has closed schools and day care centres in some provinces and territories. Again, I am alluding to the news we had here today in the province of Ontario. It is clear that this important assistance to families in their time of need should be approved as soon as possible.

The pandemic has also been particularly hard on young people. We know that. We see that in the labour force statistics. We see the elevated unemployment rates for young men and young women, who are unfortunately not working at this time. We see it in the lower participation rates for these cohorts of people. Internships and summer jobs have become scarce, as Canadians did the right thing and stayed at home. The government is working to ensure the pandemic does not derail young Canadians' futures.

In addition to proposed measures from the fall economic statement that would provide more opportunities for young people to gain work experience, our government is also proposing to ease the financial burden on recent graduates. Bill C-14 would ease the burden of student debt by eliminating interest accrual on the repayment of Canada's student loans and Canada apprenticeship loans for 2021-22.

This important message and measure, which has received praise from the Canadian Alliance of Student Associations, would bring $329.4 million in relief to up to 1.4 million Canadians with student debt who are looking for work or are otherwise in the early stages of their careers. It would also help graduates from low- and middle-income families, who tend to have higher levels of financial need. The government also proposes to build on the employment job skills development and educational supports provided to youth and students over the summer.

I want to remind all members of Parliament that our support for students is not just this one-time measure. Since budget 2015, and really since budget 2016, I have received some questions in prior debates about what we have done for students. Budget 2016 alone provided $2.7 billion over five years of investments into the Canada student loans program.

One measure that I want to make sure we all remember is that of increasing the repayment assistance plan eligibility thresholds starting on November 1, 2016, to ensure that no student had to repay their Canada student loan until they were earning at least $25,000 per year. I can spend a few hours speaking about our supports for students, but I want to ensure that all parliamentarians are aware that we have supported students since the first time we were elected, in our first mandate, and we will continue to do so through COVID and as we exit the pandemic.

Let us speak about the Borrowing Authority Act. Beginning in 2017, in recognition that we needed to restore the requirement of parliamentary approval of government borrowing, the government enacted the Borrowing Authority Act. This important piece of legislation sets out a legislative maximum amount on total borrowing by the government and agent crown corporations and requires the Minister of Finance to update parliamentarians on how borrowing needs evolve on a regular basis.

In recognition of the impact of COVID on the government's borrowing, the Minister of Finance proposed in the fall economic statement to amend the Borrowing Authority Act to increase the borrowing limit. This proposed measure in Bill C-14 would increase the maximum borrowing amount to $1.831 billion to cover projected borrowings out to March 2024 and include extraordinary borrowings made because of COVID-19. Including these extraordinary borrowings in the new maximum will provide greater transparency on the government's debt program to Canadians.

I want to address something related to this, and I wish to be very precise here. It is something that the Deputy Prime Minister raised during FINA's consideration of Bill C-14. The increase in the borrowing authority is in no way a blank cheque. Every single expenditure by the government needs to be authorized by Parliament, by the 338 individuals who have the privilege of sitting in our Parliament.

The borrowing authority sets a transparent and accountable maximum limit as to how much the government can borrow. Passing Bill C-14 would allow the government to continue to take decisive action to provide the support to people, businesses, our friends, our neighbours and their families. This support is needed to weather this pandemic. The action the government has taken and plans to take will help Canada come roaring back from the COVID-19 recession and prevent the long-term economic scarring that would weaken our post-pandemic recovery.

We are seeing the benefits of the programs that were put in place. For example, the Canada emergency wage subsidy, which allowed us to maintain the attachment between employer and employee and has seen us through to the reopening throughout the country. Our March labour force statistics show over 300,000 jobs were recovered and created here in the country. That is something great. Our unemployment went down to 7.5%, if I remember correctly. Our participation rate went up and this is a direction we are happy to see, but we know how much the work continues and is needed.

We believe that we will return to recovery, but we are not there yet. The government will continue to provide support to Canadians and ensure the economy can get back on track. The measures I have mentioned are just part of the government's pandemic response and plans for recovery.

I wish to touch upon the long-term care situation that we have seen across the country. Thankfully, through the vaccine procurement and rollout, our long-term care situation has stabilized, and I thank the minister from the riding of Oakville on the wonderful job she has done. However, we know we need to continue to make investments, and part of Bill C-14 is to provide funding of up $505.7 million as part of the new safe long-term care fund to support long-term care facilities, including funding in support of care facilities to prevent the spread of COVID-19 outbreaks and deaths.

I wish to thank the Canadian Armed Forces. They came to the riding I represent, Vaughan—Woodbridge. They went to the Woodbridge long-term care facility and stabilized the situation. It was a very drastic situation in the initial stages of the COVID-19 pandemic, and many residents, unfortunately, lost their lives. The Canadian Armed Forces have been called upon again and again, and they have done their duties with exemplary service. I wish to thank them again.

Finally, Bill C-14 would enable the government to move forward with implementing the important measures from the fall economic statement, which will help bridge the country to the other side of the pandemic. I urge all members of this House to support this important legislation at this most extraordinary period of time we find ourselves in. The world continues to face this, as every country and all leaders continue the vaccine rollout and get the vaccines to their citizens. We are seeing it here.

I am so happy to see the millions of doses arriving in Canada on a weekly basis, and that Canadians are doing their part in getting vaccinated.

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 3:40 p.m.
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Conservative

Tamara Jansen Conservative Cloverdale—Langley City, BC

Mr. Speaker, the member spoke much about part 7 and, as always, the devil is in the details. Part 7, the Borrowing Authority Act, would increase the amount of borrowing by an astronomical figure, but with a qualifier. In the Financial Administration Act, in paragraph 46.1, the wording permits the government to borrow any amount to pay back debt, and Canadians are very concerned that this is just a blank cheque.

Please tell us how you expect Canadians to believe you are not going to just continue spending on things we should not be spending on.

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 3:45 p.m.
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Conservative

The Deputy Speaker Conservative Bruce Stanton

I would remind hon. members to direct their comments to the Chair.

The hon. parliamentary secretary.

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 3:45 p.m.
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Liberal

Francesco Sorbara Liberal Vaughan—Woodbridge, ON

Mr. Speaker, we as a government, in collaboration with all provinces, have put in place a number of programs to assist Canadians. I was looking at the numbers today. We speak about what the government is investing in for Canadians, and right now we have Canadians' backs. We have their backs during this most extraordinary period of time.

We must be able to utilize various measures to fund these measures, including the recovery benefits, and this includes the Borrowing Authority Act. That is at page 141 of the fall economic statement. It is very detailed in terms of what these borrowings are being used for. They are being utilized to support Canadians during this most extraordinary period of time.

Nearly two million Canadians have applied for the Canada recovery benefits during this time because they continue to be impacted due to COVID-19.