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.
Mary Ng Liberal Markham—Thornhill, ON
Madam Chair, to the hon. member, this is exactly why we announced the expanded CanExport program and why, in the other room right now, I had a virtual trade—
James Cumming Conservative Edmonton Centre, AB
Madam Chair, would the Minister of Finance recognize the importance of a strong resource sector in the recovery and part of the great economic restart?
Income Tax ActGovernment Orders
November 5th, 2020 / 9:45 p.m.
Mississauga—Malton Ontario
Liberal
Navdeep Bains LiberalMinister of Innovation
Madam Chair, of course we recognize the importance of a strong resource sector. We think we need to have a very strong, robust economy for future generations, particularly for my daughters, Nanki and Kirpa, who are watching tonight.
James Cumming Conservative Edmonton Centre, AB
Madam Chair, would the minister agree then, in the economic clusters that were developed, that the resource sector was not included and should be included as a strong sector that we want to see rebound?
Navdeep Bains Liberal Mississauga—Malton, ON
Madam Chair, we recently announced $100 million for the Clean Resource Innovation Network. This network invests in the oil and gas sector and the technologies that will enable us to reduce our greenhouse gas emissions and make sure we leave a bright future for our children—
James Cumming Conservative Edmonton Centre, AB
Madam Chair, is the Minister of Finance aware that the Mayor of Edmonton had asked for $240 million toward homelessness and we received $17 million in the rapid housing initiative?
Chrystia Freeland Liberal University—Rosedale, ON
Madam Chair, I am delighted to hear Conservatives talking about homelessness in Edmonton. That is a big focus of ours. We are delighted to work with Mayor Iveson. We will keep on doing that. He is doing a great job on homelessness.
Shannon Stubbs Conservative Lakeland, AB
Madam Chair, I am glad the government has finally listened to some of the Conservative recommendations from back in May to allow businesses to recuperate lost revenue without being worse off from clawbacks.
Today I heard from a Lakeland farmer who was not eligible for CEBA because he was a sole proprietor. He waited months for the change to allow non-deferrable expenses, but then his application was rejected because his feed invoices are not on a company letterhead. Farmers mainly buy feed from local producers, not big companies.
Could the minister confirm that the bill fixes this issue?
Income Tax ActGovernment Orders
November 5th, 2020 / 9:50 p.m.
Markham—Thornhill Ontario
Liberal
Mary Ng LiberalMinister of Small Business
Madam Chair, right from the very beginning, we wanted to support those farming businesses. I am happy to look into this, and into this specific case.
Of course businesses that meet the $40,000 non-deferrable expense will get access to CEBA.
Shannon Stubbs Conservative Lakeland, AB
Madam Chair, Canadian business owners going to the border for visas or to pick up supplies have been forced to quarantine, but U.S. billionaires from UPS, Costco and Uline have been exempted. Why?
Mary Ng Liberal Markham—Thornhill, ON
Madam Chair, right from the very beginning, our commitment was to ensure that we keep Canadians safe from COVID and—
Shannon Stubbs Conservative Lakeland, AB
Madam Chair, the public safety minister said the CBSA exemptions for American executives were mistakes, but the foreign affairs minister said he actually granted almost 200 of them for business mobility.
Canadian small business owners have to quarantine and some owner-operator businesses have to close for two weeks when they cross the border. Why is the government putting American interests ahead of Canadians?
