Bill C-19

Budget Implementation Act, 2022, No. 1

An Act to implement certain provisions of the budget tabled in Parliament on April 7, 2022 and other measures

Part 1 implements certain income tax measures by
(a) providing a Labour Mobility Deduction for the temporary relocation of tradespeople to a work location;
(b) allowing for the immediate expensing of eligible property by certain Canadian businesses;
(c) allowing the Children’s Special Allowance to be paid in respect of a child who is maintained by an Indigenous governing body and providing consistent tax treatment of kinship care providers and foster parents receiving financial assistance from an Indigenous governing body and those receiving such assistance from a provincial government;
(d) doubling the allowable qualifying expense limit under the Home Accessibility Tax Credit;
(e) expanding the criteria for the mental functions impairment eligibility as well as the life-sustaining therapy category eligibility for the Disability Tax Credit;
(f) providing clarity in respect of the determination of the one-time additional payment under the GST/HST tax credit for the period 2019-2020;
(g) changing the delivery of Climate Action Incentive payments from a refundable credit claimed annually to a credit that is paid quarterly;
(h) temporarily extending the period for incurring eligible expenses and other deadlines under film or video production tax credits;
(i) providing a tax incentive for specified zero-emission technology manufacturing activities;
(j) providing the Canada Revenue Agency (CRA) the discretion to accept late applications for the Canada Emergency Wage Subsidy, the Canada Emergency Rent Subsidy and the Canada Recovery Hiring Program;
(k) including postdoctoral fellowship income in the definition of “earned income” for RRSP purposes;
(l) enabling registered charities to enter into charitable partnerships with organizations other than qualified donees under certain conditions;
(m) allowing automatic and immediate revocation of the registration of an organization as a charity where that organization is listed as a terrorist entity under the Criminal Code ;
(n) enabling the CRA to use taxpayer information to assist in the collection of Canada Emergency Business Account loans; and
(o) expanding capital cost allowance deductions to include new clean energy equipment.
It also makes related and consequential amendments to the Excise Tax Act , the Children’s Special Allowances Act , the Excise Act, 2001 , the Income Tax Regulations and the Children’s Special Allowance Regulations .
Part 2 implements certain Goods and Services Tax/Harmonized Sales Tax (GST/HST) measures by
(a) ensuring that all assignment sales in respect of newly constructed or substantially renovated residential housing are taxable supplies for GST/HST purposes; and
(b) extending eligibility for the expanded hospital rebate to health care services supplied by charities or non-profit organizations with the active involvement of, or on the recommendation of, either a physician or a nurse practitioner, irrespective of their geographic location.
Part 3 amends the Excise Act, 2001 , the Excise Act and other related texts in order to implement three measures.
Division 1 of Part 3 implements a new federal excise duty framework for vaping products by, among other things,
(a) requiring that manufacturers of vaping products obtain a vaping licence from the CRA;
(b) requiring that all vaping products that are removed from the premises of a vaping licensee to be entered into the Canadian market for retail sale be affixed with an excise stamp;
(c) imposing excise duties on vaping products to be paid by vaping product licensees;
(d) providing for administration and enforcement rules related to the excise duty framework on vaping products;
(e) providing the Governor in Council with authority to provide for an additional excise duty in respect of provinces and territories that enter into a coordinated vaping product taxation agreement with Canada; and
(f) making related amendments to other legislative texts, including to allow for a coordinated federal/provincial-territorial vaping product taxation system and to ensure that the excise duty framework applies properly to imported vaping products.
Division 2 of Part 3 amends the excise duty exemption under the Excise Act, 2001 for wine produced in Canada and composed wholly of agricultural or plant product grown in Canada.
Division 3 of Part 3 amends the Excise Act to eliminate excise duty for beer containing no more than 0.5% alcohol by volume.
Part 4 enacts the Select Luxury Items Tax Act . That Act creates a new taxation regime for domestic sales, and importations into Canada, of certain new motor vehicles and aircraft priced over $100,000 and certain new boats priced over $250,000. It provides that the tax applies if the total price or value of the subject select luxury item at the time of sale or importation exceeds the relevant price threshold. It provides that the tax is to be calculated at the lesser of 10% of the total price of the item and 20% of the total price of the item that exceeds the relevant price threshold. To promote compliance with the new taxation regime, that Act includes modern elements of administration and enforcement aligned with those found in other taxation statutes. Finally, this Part also makes related and consequential amendments to other texts to ensure proper implementation of the new tax and to ensure a cohesive and efficient administration by the CRA.
Division 1 of Part 5 retroactively renders a provision of the contract that is set out in the schedule to An Act respecting the Canadian Pacific Railway , chapter 1 of the Statutes of Canada, 1881, to be of no force or effect. It retroactively extinguishes any obligations and liabilities of Her Majesty in right of Canada and any rights and privileges of the Canadian Pacific Railway Company arising out of or acquired under that provision.
Division 2 of Part 5 amends the Nisga’a Final Agreement Act to give force of law to the entire Nisga’a Nation Taxation Agreement during the period that that Taxation Agreement is, by its terms, in force.
Division 3 of Part 5 repeals the Safe Drinking Water for First Nations Act .
It also amends the Income Tax Act to exempt from taxation under that Act any income earned by the Safe Drinking Water Trust in accordance with the Settlement Agreement entered into on September 15, 2021 relating to long-term drinking water quality for impacted First Nations.
Division 4 of Part 5 authorizes payments to be made out of the Consolidated Revenue Fund for the purpose of addressing transit shortfalls and needs and improving housing supply and affordability.
Division 5 of Part 5 amends the Canada Deposit Insurance Corporation Act by adding the President and Chief Executive Officer of the Canada Deposit Insurance Corporation and one other member to that Corporation’s Board of Directors.
Division 6 of Part 5 amends the Federal-Provincial Fiscal Arrangements Act to authorize additional payments to the provinces and territories.
Division 7 of Part 5 amends the Borrowing Authority Act to, among other things, count previously excluded borrowings made in the spring of 2021 in the calculation of the maximum amount that may be borrowed. It also amends the Financial Administration Act to change certain reporting requirements in relation to amounts borrowed under orders made under paragraph 46.1(c) of that Act.
Division 8 of Part 5 amends the Pension Benefits Standards Act, 1985 to, among other things, permit the establishment of a solvency reserve account in the pension fund of certain defined benefit plans and require the establishment of governance policies for all pension plans.
Division 9 of Part 5 amends the Special Import Measures Act to, among other things,
(a) provide that assessments of injury are to take into account impacts on workers;
(b) require the Canadian International Trade Tribunal to make inquiries with respect to massive importations when it is acting under section 42 of that Act;
(c) require that Tribunal to initiate expiry reviews of certain orders and findings;
(d) modify the deadline for notifying the government of the country of export of properly documented complaints;
(e) modify the criteria for imposing duties in cases of massive importations;
(f) modify the criteria for initiating anti-circumvention investigations; and
(g) remove the requirement that, in order to find circumvention, the principal cause of the change in a pattern of trade must be the imposition of anti-dumping or countervailing duties.
It also amends the Canadian International Trade Tribunal Act to provide that trade unions may, with the support of domestic producers, file global safeguard complaints.
Division 10 of Part 5 amends the Trust and Loan Companies Act and the Insurance Companies Act to, among other things, modernize corporate governance communications of financial institutions.
Division 11 of Part 5 amends the Insurance Companies Act to permit property and casualty companies and marine companies to not include the value of certain debt obligations when calculating their borrowing limit.
Division 12 of Part 5 enacts the Prohibition on the Purchase of Residential Property by Non-Canadians Act . The Act prohibits the purchase of residential property in Canada by non-Canadians unless they are exempted by the Act or its regulations or the purchase is made in certain circumstances specified in the regulations.
Division 13 of Part 5 amends the Parliament of Canada Act and makes consequential and related amendments to other Acts to, among other things,
(a) change the additional annual allowances that are paid to senators who occupy certain positions so that the government’s representatives and the Opposition in the Senate are eligible for the allowances for five positions each and the three other recognized parties or parliamentary groups in the Senate with the greatest number of members are eligible for the allowances for four positions each;
(b) provide that the Leader of the Government in the Senate or Government Representative in the Senate, the Leader of the Opposition in the Senate and the Leader or Facilitator of every other recognized party or parliamentary group in the Senate are to be consulted on the appointment of certain officers and agents of Parliament; and
(c) provide that the Leader of the Government in the Senate or Government Representative in the Senate, the Leader of the Opposition in the Senate and the Leader or Facilitator of every other recognized party or parliamentary group in the Senate may change the membership of the Standing Senate Committee on Internal Economy, Budgets and Administration.
Division 14 of Part 5 amends the Financial Administration Act in order to, among other things, allow the Treasury Board to provide certain services to certain entities.
Division 15 of Part 5 amends the Competition Act to enhance the Commissioner of Competition’s investigative powers, criminalize wage fixing and related agreements, increase maximum fines and administrative monetary penalties, clarify that incomplete price disclosure is a false or misleading representation, expand the definition of anti-competitive conduct, allow private access to the Competition Tribunal to remedy an abuse of dominance and improve the effectiveness of the merger notification requirements and other provisions.
Division 16 of Part 5 amends the Copyright Act to extend certain terms of copyright protection, including the general term, from 50 to 70 years after the life of the author and, in doing so, implements one of Canada’s obligations under the Canada–United States–Mexico Agreement.
Division 17 of Part 5 amends the College of Patent Agents and Trademark Agents Act to, among other things,
(a) ensure that the College has sufficient independence and flexibility to exercise its corporate functions;
(b) provide statutory immunity to certain persons involved in the regulatory activities of the College; and
(c) grant powers to the Registrar and Investigations Committee that will allow for improved efficiency in the complaints and discipline process.
Division 18 of Part 5 enacts the Civil Lunar Gateway Agreement Implementation Act to implement Canada’s obligations under the Memorandum of Understanding between the Government of Canada and the Government of the United States of America concerning Cooperation on the Civil Lunar Gateway. It provides for powers to protect confidential information provided under the Memorandum. It also makes related amendments to the Criminal Code to extend its application to activities related to the Lunar Gateway and to the Government Employees Compensation Act to address the cross-waiver of liability set out in the Memorandum.
Division 19 of Part 5 amends the Corrections and Conditional Release Act to restrict the use of detention in dry cells to cases where the institutional head has reasonable grounds to believe that an inmate has ingested contraband or that contraband is being carried in the inmate’s rectum.
Division 20 of Part 5 amends the Customs Act in order to authorize its administration and enforcement by electronic means and to provide that the importer of record of goods is jointly and severally, or solidarily, liable to pay duties on the goods under section 17 of that Act with the importer or person authorized to account for the goods, as the case may be, and the owner of the goods.
Division 21 of Part 5 amends the Criminal Code to create an offence of wilfully promoting antisemitism by condoning, denying or downplaying the Holocaust through statements communicated other than in private conversation.
Division 22 of Part 5 amends the Judges Act , the Federal Courts Act , the Tax Court of Canada Act and certain other acts to, among other things,
(a) implement the Government of Canada’s response to the report of the sixth Judicial Compensation and Benefits Commission regarding salaries and benefits and to create the office of supernumerary prothonotary of the Federal Court;
(b) increase the number of judges for certain superior courts and include the new offices of Associate Chief Justice of the Court of Queen’s Bench of New Brunswick and Associate Chief Justice of the Court of Queen’s Bench for Saskatchewan;
(c) create the offices of prothonotary and supernumerary prothonotary of the Tax Court of Canada; and
(d) replace the term “prothonotary” with “associate judge”.
Division 23 of Part 5 amends the Immigration and Refugee Protection Act to, among other things,
(a) authorize the Minister of Citizenship and Immigration to give instructions establishing categories of foreign nationals for the purposes of determining to whom an invitation to make an application for permanent residence is to be issued, as well as instructions setting out the economic goal that that Minister seeks to support in establishing the category;
(b) prevent an officer from issuing a visa or other document to a foreign national invited in respect of an established category if the foreign national is not in fact eligible to be a member of that category;
(c) require that the annual report to Parliament on the operation of that Act include a description of any instructions that establish a category of foreign nationals, the economic goal sought to be supported in establishing the category and the number of foreign nationals invited to make an application for permanent residence in respect of the category; and
(d) authorize that Minister to give instructions respecting the class of permanent residents in respect of which a foreign national must apply after being issued an invitation, if the foreign national is eligible to be a member of more than one class.
Division 24 of Part 5 amends the Old Age Security Act to correct a cross-reference in that Act to the Budget Implementation Act, 2021, No. 1 .
Division 25 of Part 5
(a) amends the Canada Emergency Response Benefit Act to set out the consequences that apply in respect of a worker who received, for a four-week period, an income support payment and who received, for any week during the four-week period, any benefit, allowance or money referred to in subparagraph 6(1)(b)(ii) or (iii) of that Act;
(b) amends the Canada Emergency Student Benefit Act to set out the consequences that apply in respect of a student who received, for a four-week period, a Canada emergency student benefit and who received, for any week during the four-week period, any benefit, allowance or money referred to in subparagraph 6(1)(b)(ii) or (iii) of that Act; and
(c) amends the Employment Insurance Act to set out the consequences that apply in respect of a claimant who received, for any week, an employment insurance emergency response benefit and who received, for that week, any payment or benefit referred to in paragraph 153.9(2)(c) or (d) of that Act.
Division 26 of Part 5 amends the Employment Insurance Act to, among other things,
(a) replace employment benefits and support measures set out in Part II of that Act with employment support measures that are intended to help insured participants and other workers — including workers in groups underrepresented in the labour market — to obtain and keep employment; and
(b) allow the Canada Employment Insurance Commission to enter into agreements to provide for the payment of contributions to organizations for the costs of measures that they implement and that are consistent with the purpose and guidelines set out in Part II of that Act.
It also makes a consequential amendment to the Income Tax Act .
Division 27 of Part 5 amends the Employment Insurance Act to specify the maximum number of weeks for which benefits may be paid in a benefit period to certain seasonal workers and to extend, until October 28, 2023, the increase in the maximum number of weeks for which those benefits may be paid. It also amends the Budget Implementation Act, 2021, No. 1 to add a transitional measure in relation to amendments to the Employment Insurance Regulations that are found in that Act.
Division 28 of Part 5 amends the Canada Pension Plan to make corrections respecting
(a) the calculation of the minimum qualifying period and the contributory period for the purposes of the post-retirement disability benefit;
(b) the determination of values for contributors who have periods excluded from their contributory periods by reason of disability; and
(c) the attribution of amounts for contributors who have periods excluded from their contributory periods because they were family allowance recipients.
Division 29 of Part 5 amends An Act to amend the Criminal Code and the Canada Labour Code to, among other things,
(a) shorten the period before which an employee begins to earn one day of medical leave of absence with pay per month;
(b) standardize the conditions related to the requirement to provide a medical certificate following a medical leave of absence, regardless of whether the leave is paid or unpaid;
(c) authorize the Governor in Council to make regulations in certain circumstances, including to modify certain provisions respecting medical leave of absence with pay;
(d) ensure that, for the purposes of medical leave of absence, an employee who changes employers due to the lease or transfer of a work, undertaking or business or due to a contract being awarded through a retendering process is deemed to be continuously employed with one employer; and
(e) provide that the provisions relating to medical leave of absence come into force no later than December 1, 2022.
Division 30 of Part 5 amends the Canada Business Corporations Act to, among other things,
(a) require certain corporations to send to the Director appointed under that Act information on individuals with significant control on an annual basis or when a change occurs;
(b) allow that Director to provide all or part of that information to an investigative body, the Financial Transactions and Reports Analysis Centre of Canada or any prescribed entity; and
(c) clarify that, for the purposes of subsection 21.1(7) of that Act, it is the securities of a corporation, not the corporation itself, that are listed and posted for trading on a designated stock exchange.
Division 31 of Part 5 amends the Special Economic Measures Act and the Justice for Victims of Corrupt Foreign Officials Act (Sergei Magnitsky Law) to, among other things,
(a) create regimes allowing for the forfeiture of property that has been seized or restrained under those Acts;
(b) specify that the proceeds resulting from the disposition of those properties are to be used for certain purposes; and
(c) allow for the sharing of information between certain persons in certain circumstances.
It also makes amendments to the Seized Property Management Act in relation to those forfeiture of property regimes.

Budget Implementation Act, 2022, No. 1

[The Assistant Deputy Speaker, NDP, Carol Hughes]

I am sorry, but I have been trying to give the hon. member a signal. His time is up. I did allow him to wrap up a bit, but I thought he was ending. I see he still has a bit more.

Questions and comments, the hon. parliamentary secretary to the government House leader.

[Kevin Lamoureux, Liberal, Parliamentary Secretary to the Leader of the Government in the House of Commons]

Madam Speaker, what comes to my mind in listening to the member is that he sure put a lot of words in that speech, much of which, I must say, I disagree with. Canadians can have more hope. They do not have to be as depressed as the member is trying to imply. Whether it is Canada's job sector or many of the different social programs being put into place, there is good reason for Canadians to support the budget, which they have already, for the most part, seen and are receiving quite well.

Does the member recognize anything good in this budget, or is it completely and universally a bad thing, from his perspective? I think there is a lot of good that he is not talking about at all.

[Dean Allison, Conservative, Niagara West, ON]

Madam Speaker, I would encourage my friend to come down to Niagara some time to see the crippling effect the passport problem is having on tourism in the Niagara area. If he looks at the ArriveCAN app, that is another issue. If the member were to see what is going on with hotels and the whole tourism industry, he would see how people and travel are down in a significant way.

I look around my riding, and I look at the businesses that are struggling right now, and a lot of that comes from the policies of the government. I would encourage the member to not just spend all kinds of money on programs, but to come to see what some of the other things are doing to affect travel and tourism.

[Yves Perron, Bloc, Berthier—Maskinongé, QC]

Madam Speaker, I thank my hon. colleague for his speech. I know he lives in the Niagara region, whose wines I really enjoy, by the way.

He heard what I said earlier about temporary foreign workers, about the lack of resources and about the ridiculous chaos we are experiencing, which is jeopardizing not only our agricultural production, but also the survival of our businesses. Could my colleague comment on that?

[Dean Allison, Conservative, Niagara West, ON]

Madam Speaker, I want to thank my colleague for his love of Niagara wines. I too have a love of Niagara wines. We see a number of challenges in farming. The temporary foreign worker program is definitely an issue. I previously also heard some of my other colleagues talking about fertilizer and tariffs.

A farmer called me the other day and told me they are going to pay almost more money in tariffs than they had to pay for fertilizer. I ask members to think about that. A tariff is a tax. It is a tax on everyone. This is fertilizer that farmers prepaid for last fall. I understand there is a war going on. I understand a number of things are being levied. When we put a tariff on fertilizer, we are putting a tax on Canadians, and that is a huge issue that will cost us more. To make matters worse, we have issues with getting the kind of temporary foreign workers we need so we can get the food in the ground, and once it is there, we also need help getting that food harvested.

[Alexandre Boulerice, NDP, Rosemont—La Petite-Patrie, QC]

Madam Speaker, I am pleased to learn that the NDP is in government, because I was not aware of that.

The Liberal government is incapable of providing services to Canadians. The immigration delays are a catastrophe. The unemployed find it impossible to talk to someone about employment insurance. Now there is a crisis with passports, even though everyone knew that people would want to travel when the pandemic ended.

Is my colleague seeing the same thing in his riding? People may well have to give up their plane tickets and their travel plans because government offices cannot meet the demand for passports.

[Dean Allison, Conservative, Niagara West, ON]

Madam Speaker, we are seeing lineup after lineup of people not being able to get their passports. I have a number of constituents, just as all my colleagues in the House do. There are people who applied in January and February. It is now May, and they are still not able to get their passports. This is causing great consternation. They are wondering if they are going to be able to get their flights, be able to get them on time, or are actually going to be able to travel.

After two years, we realize there are going to be a number of people who want to travel, so it would have been prudent to increase the number of staff to handle the workload that was going to happen as a result of the passports expiring over the last couple of years.

[The Assistant Deputy Speaker, NDP, Carol Hughes]

It is my duty pursuant to Standing Order 38 to inform the House that the questions to be raised tonight at the time of adjournment are as follows: the hon. member for Sherwood Park—Fort Saskatchewan, Natural Resources; the hon. member for Saanich—Gulf Islands, Natural Resources; the hon. member for Brantford—Brant, Immigration, Refugees and Citizenship.

[Peter Fragiskatos, Liberal, Parliamentary Secretary to the Minister of National Revenue]

Madam Speaker, I will be sharing my time with the member for Mississauga—Erin Mills.

It is always an honour to stand in the House and speak to a number of measures, in this case it is one of the most important measures that a government could introduce, the budget implementation act, or the BIA. I remember when I was on the finance committee for a number of years, this was a very important time of year, when the BIA was sent to the committee for deep analysis and study. I know this year will be no different at the finance committee.

I want to take an opportunity to address Bill C-19 in the House, and to speak to it from, I suppose, a different point of view. I want to speak on economic matters but economic matters that are proposed in the bill that would impact Canada's foreign relations. I think it would be appropriate to begin, arguably at least, with one of Canada's most important voices on the international scene, and that is former prime minister Lester Pearson.

Long before he was a prime minister, in 1957, while accepting the Nobel Peace Prize, Lester Pearson said:

Of all our dreams today there is none more important — or so hard to realise — than that of peace in the world. May we never lose our faith in it or our resolve to do everything that can be done to convert it one day into reality.

This is a tremendous insight, obviously, one that Pearson believed in very strongly when he was speaking in 1957, and one that has occupied the attention of statesmen and even members of Parliament in democracies throughout the world. Canada is no different.

The question, the challenge, is how to best achieve this, particularly from the vantage point of a middle power such as Canada, a middle power that has tried to find its way, particularly in the post-World War Two order, surrounded as we are by superpowers, such as the United States, China and Russia. How exactly is it possible for a middle power to exert influence on the international scene so this goal of world peace could be possible?

The dilemma is a real one and one that could be achieved by looking at what Canada has done. I speak here not only in terms of the Pearsonian legacy of foreign policy, which is a strong and very proud tradition in the Liberal Party, but also of the real important voices from the Conservative Party through Canada's history who have sought to find a place for Canada in middle power terms.

One possible path forward that has worked is diplomacy. I think of Pearson, and I think of diplomats such as George Ignatieff and Saul Rae, and there are others I could point to as well. They, in their work as diplomats, found a way. They carved a way for Canada so we could exert influence on the international scene. That would involve, of course, peacekeeping. That is a great example of what Canada has done in the past to pursue this goal of international peace.

Another example would be working with international development organizations, specifically those non-governmental organizations that are on the ground, carrying out vital work in lesser developed countries, in countries where poverty is the experience of so many, or is the experience of the vast majority.

When we look at governments of the past, when we look at the government, we see governments that have funded, have helped to fund and worked with NGOs, which are pursuing those very laudable aims of economic growth and development, encouraging entrepreneurship, encouraging peace and bringing people together at the same time.

Since 2015, I have had the opportunity to visit a number of countries in my tenure as a member of Parliament, including Ukraine, and I wonder if there will be an opportunity later in questions where I could speak to that. Ukraine was one example, and there is also Colombia, Nicaragua, Kazakhstan, Poland and Latvia. I have had the opportunity to see NGOs, supported by the Canadian government, carry out that vital work. Through that, the goals of a middle power could be achieved, with that goal of ultimately coming back to peace.

Contributing to multilateral institutions is another key way that a middle power such as Canada could make a contribution to this outcome. Especially now, how relevant it is that we see Canada highly engaged in NATO.

I know there are voices out there that want us to do more, and yes, of course, we can do more. I think if we were to canvass the opinion of NATO allies and NATO leaders, we would find that Canada's contributions, specifically with respect to what is happening now, vis-à-vis Russia and Ukraine, is not just applauded, it is admired. We need to continue that work, and of course there are policy innovations that can help us move toward the path of peace and human rights, which ultimately underpin peace.

That brings me to the budget implementation act, or the BIA, Bill C-19. I am thinking of the Special Economic Measures Act, the SEMA, and the Magnitsky law, which takes its name from the great champion of human rights, Sergei Magnitsky, who lost his life for his advocacy at the hands of Vladimir Putin and his regime. Under those existing laws, property held in Canada by individuals involved in the undermining of international peace and security, or the gross and systematic violation of international human rights norms, can be seized. That property can, in fact, be seized by the Canadian government. There is a challenge, though, which is where the BIA comes in. What is exactly meant in the SEMA and in the Magnitsky act by the term “property”? How is that defined conceptually?

Under SEMA, for example, property is defined as any real or personal property. That is one way forward. Again, I go back to criticisms that have been raised before that this needs greater clarity and greater precision in the legislative language. Bill C-19 rectifies that and would add an extended definition if it is agreed to by the House, which I think and hope it will be. Should Bill C-19 pass, property would be defined as any type of property immovable or movable, tangible or intangible.

What does that mean in concrete terms? It means that property includes not just physical assets, such as a building, for example, or planes, homes, helicopters or jets, all the things that certain individuals, such as tycoons around the Russian regime, for example, are known to keep, but also money and, very importantly, virtual currency. Cryptocurrency would fall under this new definition and something called non-fungible tokens, which are, for example, digital art or audio recordings that can be found and purchased online. This is important because it is crucial that legislation along these lines keeps up with modern developments. I am glad to see the government recognizing that and moving in the right direction.

Most importantly, though, is the change that allows for seized assets to be sold by the Canadian government. Those assets that would be seized from individuals who have been found to be going against or somehow undermining international peace and diplomacy, or who are involved in the violation of international human rights, could be not only seized under this proposed change but also redistributed as compensation. They could be sold, to be simple about it, with the proceeds going to victims to advance goals of international peace and security in some way, or to assist the rebuilding of a foreign state after war. The post-war rebuilding process always proves to be very important. It is complex, to be sure, but very important.

Should this pass, I know that the government has said that certainly the aim would be to assist the Ukrainian people, the victims of Putin's war and, after the carnage that it has brought about for Ukraine, to assist the government in a massive rebuilding. Canada needs to be there and must be there as part of what some have called a “Marshall Plan”, envisioning what Ukraine could look like in terms of a project for the future. I say “project” in the sense that allies would come together and assist another vital ally, which is obviously going through a very difficult time.

Others have raised a point of checks and balances, so I am heartened to see that only a superior court justice would be able to give the order allowing for seized assets to be sold. I think that is quite crucial when it comes to ensuring that there are checks and balances on the decision to seize and sell an asset in the way I have described, the way the bill proposes.

Finally, I will conclude on this point: There has been a lot of commentary in the media and other circles that points to the fact that this amendment to the SEMA and the Magnitsky act comes in the context of the crisis in Ukraine. I would say that it sends an example for the world, and I am glad to see that Canada is the first G7 country to lead the effort. Hopefully, the other democracies pick it up and employ it as well.

[Jeremy Patzer, Conservative, Cypress Hills—Grasslands, SK]

Madam Speaker, I want to say to my colleague that I appreciated his speech. I serve with him on the public accounts committee.

One thing that I would like him to address is the cost of living crisis that is going on. Right now in my riding we see farmers seeding and planting their crops in the ground. Obviously, the price of gas is extremely high, and although there are some exemptions there, it makes it very expensive not only for farmers to buy fuel, but also for the supporting services out there for farmers. I wonder if the member could comment on the lack of mention of that in the BIA.

[Peter Fragiskatos, Liberal, London North Centre, ON]

Madam Speaker, the member and I have the opportunity to work together on the public accounts committee, and I have enjoyed the experience with him so far.

I take it that he agrees with everything I said with respect to the amendments that have been proposed to the SEMA and the Magnitsky act, so we can at least agree on that point.

On the cost of living, I certainly sympathize. I hear it in my community. I think all members in this House recognize that inflation is a real phenomenon, but we ought to recognize that it is driven completely by events that have transpired at the international level, beginning with the pandemic and the way it has upended supply chains, as well as the irregular weather patterns and the way they have impacted supply chains. The way we can respond is to do what government is able to do. For example, the national child care program that has been proposed will help. The continued impact of the Canada child benefit will help.

There are other examples of areas in which we can work together collaboratively to make life more affordable for Canadians, and I look forward to working with the member to that end on the public accounts committee.

[Xavier Barsalou-Duval, Bloc, Pierre-Boucher—Les Patriotes—Verchères, QC]

Madam Speaker, listening to my colleague's speech, which was essentially on foreign affairs, led me to ask myself a personal question that my colleague across the way may be able to answer.

Currently, when we talk about foreign affairs, we talk about ties to other countries, but also about travel. In our offices, we are completely overwhelmed with calls from tearful constituents saying they submitted their passport applications weeks ago. Some applied months ago and still have not received their passport. They are at a loss as to what to do and say they will cancel their trip and lose their reservations.

Since my colleague is passionate about foreign affairs, what does he think about the way the government is handling this situation? Personally, I find it really deplorable.

[Peter Fragiskatos, Liberal, London North Centre, ON]

Madam Speaker, it is true. I hear it in my own community. Certainly, the staff at the constituency office are helping individuals as best they can with respect to passports. That is something that has been raised in this House, and I expect it will continue to be raised. We are seeing across the country a huge increase in the demand for travel. I believe there has been a 40% increase, to be specific. Naturally, when we have that kind of an increase, we will have quite a lot of people pushing for a passport renewal. I think the government needs to continue to ensure that individuals have timely access to that, as much as possible, through Service Canada. The minister responsible has been very clear that extra hours have been made available. More staff have been brought in on weekends, for instance, and are working overtime. I know it is a difficult thing for people to go through, but it really does reflect the fact that we are seeing an increase in demand all at once, and this is the outcome, unfortunately.

[Randall Garrison, NDP, Esquimalt—Saanich—Sooke, BC]

Madam Speaker, I listened to the member's speech with interest as he connected Bill C-19 to international events.

I want to ask him something that relates to his role as the Parliamentary Secretary to the Minister of National Revenue. There were some moves against banks to tax their excess profits. Why is the government so reluctant to extend that tax on excess profits to the big box stores and gas companies that are profiteering while other Canadians are struggling to make ends meet?

[Peter Fragiskatos, Liberal, London North Centre, ON]

Madam Speaker, I would be very happy to speak to the member and then have a lengthier conversation and get his thoughts, but certainly, tax fairness is at the very heart of this government's agenda. We have seen taxes go down for the middle class. We have seen taxes rise for the wealthiest 1% in recent years. We have seen the government make sure that corporations are paying their fair share, and that will continue. The NDP will have ideas on this, but I think the government's record speaks for itself, and it is a strong record.