The hon. member.
An Act to amend the Income Tax Act (Canada Emergency Rent Subsidy and Canada Emergency Wage Subsidy)
This bill was last introduced in the 43rd Parliament, 2nd Session, which ended in August 2021.
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.
Brad Vis Conservative Mission—Matsqui—Fraser Canyon, BC
Madam Chair, I think the finance minister needs to pick a lane, a lane of transparency, accountability and a team Canada approach or one that denies Canadians the access to information on our public expenditures.
Bill C-11, Bill C-12, Bill C-13, Bill C-14, Bill C-15, Bill C-16, Bill C-18, Bill C-19, Bill C-20 and Bill C-4; the Parliamentary Budget Officer says that we do not have public information on all of those bills passed and that received royal assent.
Does the member opposite agree that Canadians deserve to have that information?
Jean-Yves Duclos LiberalPresident of the Treasury Board
Madam Chair, the finance minister has obviously picked a lane, which is full transparency, and full engagement and support of businesses and workers across Canada. We are delighted to have this opportunity, as well as the government portal info base and the open government portal, which provides hundreds of different files on COVID-19. The member is obviously most welcome to consult those files with hundreds of pages of detailed information, including on government estimates and the budgetary estimates process. There is a lot of information to support this very important discussion. We are very proud of the lane the finance minister chose.
Brad Vis Conservative Mission—Matsqui—Fraser Canyon, BC
Madam Chair, will the finance minister give Canada a budget in 2021?
Chrystia Freeland Liberal University—Rosedale, ON
Madam Chair, I know everyone is really looking forward to it because we have heard a lot about it tonight. We have said we will provide an update later this year.
Brad Vis Conservative Mission—Matsqui—Fraser Canyon, BC
Madam Chair, will the finance minister table special legislation to grant the money required for the Auditor General to do her job?
Chrystia Freeland Liberal University—Rosedale, ON
Madam Chair, as we have heard from the Secretary of the Treasury Board, we strongly support the work of the Auditor General and we believe the Auditor General does need the—
Brad Vis Conservative Mission—Matsqui—Fraser Canyon, BC
Madam Chair, will we receive a budget in 2021?
Chrystia Freeland Liberal University—Rosedale, ON
Madam Chair, as I said, I am really thrilled everyone here is waiting with bated breath. The fall fiscal—
Larry Maguire Conservative Brandon—Souris, MB
Madam Chair, I have spoken to my chamber of commerce, as well. We have a chartered bus line in my constituency that is owned and operated locally. It has zero revenue and has had nothing since the beginning of the pandemic with no foreseeable future of having any revenue either. They have applied for just about everything they can and they have received some funds, but with no revenue, it is not enough. We have had eight months of COVID and six weeks of prorogation to get the plans right. Why are small businesses like this chartered bus line still falling through the cracks and there is nothing in this legislation to help them?
Income Tax ActGovernment Orders
November 5th, 2020 / 9:35 p.m.
University—Rosedale Ontario
Liberal
Chrystia Freeland LiberalDeputy Prime Minister and Minister of Finance
Madam Chair, since we talked about this when it came to Edmonton, I would like to start by saying how much all of us in this House are thinking of the people of Manitoba as they fight a very powerful resurgence of COVID. We are here for Manitoba. I do want to point out that the additional lockdown support we are talking about tonight could be of particular—