This bill was last introduced in the 43rd Parliament, 2nd Session, which ended in August 2021.
Chrystia Freeland Liberal
This bill has received Royal Assent and is now law.
This is from the published bill.
This enactment amends the Income Tax Act to revise the eligibility criteria, as well as the level of subsidization, under the Canada Emergency Wage Subsidy (CEWS) as part of the response to the coronavirus disease 2019. It also extends the CEWS to June 30, 2021. The enactment further amends the Income Tax Act to introduce the Canada Emergency Rent Subsidy (CERS) in order to support those hardest hit by the coronavirus disease 2019. This subsidy provides relief in respect of rent and interest on debt obligations incurred to acquire real property used by businesses, charities and not-for-profit organizations in the course of their businesses or other activities. The rent subsidy is effective as of September 27, 2020.
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.
Pierre Poilievre Conservative Carleton, ON
Mr. Chair, is there a dollar figure she would impose on the debt, yes or no?
Chrystia Freeland Liberal University—Rosedale, ON
Mr. Chair, I said last week that we are mindful that limits exist.
Chrystia Freeland Liberal University—Rosedale, ON
Mr. Chair, unlike the member opposite, I am the finance minister and I need to be very careful with my words.
Pierre Poilievre Conservative Carleton, ON
Mr. Chair, I wish she were as careful with numbers. What is the number?
Chrystia Freeland Liberal University—Rosedale, ON
Mr. Chair, I am absolutely as careful and that is why I carefully said last week—
Pierre Poilievre Conservative Carleton, ON
Mr. Chair, it is a very direct question. What is the dollar-value limit that she claimed and she promised she would impose on our debt?
Chrystia Freeland Liberal University—Rosedale, ON
Mr. Chair, the member opposite should be careful with words. I did not claim in my speech last week anything of the sort that he is suggesting. What I said was that there are—
Pierre Poilievre Conservative Carleton, ON
Mr. Chair, actually she did. She said that she would “impose” limits on the debt. I am just asking her to tell us. What are her limits?
Chrystia Freeland Liberal University—Rosedale, ON
Mr. Chair, I use my words very carefully and I said that I would have more to say about the restraints we would impose on ourselves in the fiscal update we will offer later this year.
Pierre Poilievre Conservative Carleton, ON
Mr. Chair, she seems to want to take back her speech now. She said that she would impose limits on our debt. She said it, not me. Tell us. What is the limit?
