Bill C-32

Fall Economic Statement Implementation Act, 2022

An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 3, 2022 and certain provisions of the budget tabled in Parliament on April 7, 2022

Part 1 implements certain measures in respect of the Income Tax Act by
(a) providing that any gain on the disposition of a Canadian housing unit within a one-year period of its acquisition is treated as business income;
(b) introducing a Tax-Free First Home Savings Account;
(c) phasing out flow-through shares for oil, gas and coal activities;
(d) introducing a new 30% Critical Mineral Exploration Tax Credit for specified mineral exploration expenses incurred in Canada and renounced to flow-through share investors;
(e) introducing the Canada Recovery Dividend under which banks and life insurers’ groups pay a temporary one-time 15% tax on taxable income above $1 billion over five years;
(f) increasing the corporate income tax rate of banks and life insurers’ groups by 1.5% on taxable income above $100 million;
(g) providing additional reporting requirements for trusts;
(h) providing rules applicable to mutual fund trusts listed on a designated stock exchange in Canada with respect to amounts that are allocated to redeeming unitholders;
(i) providing the Minister of National Revenue with the discretion to decline to issue a certificate under section 116 of the Income Tax Act in certain circumstances relating to the administration and enforcement of the Underused Housing Tax Act ;
(j) doubling the First-Time Homebuyers’ Tax Credit;
(k) expanding the eligibility criteria for the Medical Expense Tax Credit in respect of medical expenses incurred in Canada related to surrogate mothers and donors and fees paid in Canada to fertility clinics and donor banks;
(l) introducing the Multigenerational Home Renovation Tax Credit;
(m) allowing access to the small business tax rate on a phased-out basis up to taxable capital of $50 million;
(n) modifying the computation of income as a result of the adoption of a new international accounting standard for insurance contracts;
(o) introducing a new graduated disbursement quota rate for charities;
(p) providing that the general anti-avoidance rules can apply to transactions that affect tax attributes that have not yet been used to reduce taxes;
(q) strengthening the rules on avoidance of tax debts;
(r) modifying the calculation of the taxes applicable to registered investments that hold property that is not a qualified investment;
(s) modifying the tax treatment of certain interest coupon stripping arrangements that might otherwise be used to avoid tax on cross-border interest payments;
(t) clarifying the applicable rules with respect to audits by Canada Revenue Agency officials, including requiring taxpayers to give reasonable assistance and to answer all proper questions for tax purposes; and
(u) extending the capital cost allowance for clean energy and the tax rate reduction for zero-emission technology manufacturers to include air-source heat pumps.
It also makes related and consequential amendments to the Canada Deposit Insurance Corporation Act , the Excise Tax Act , the Air Travellers Security Charge Act , the Excise Act, 2001 , Part 1 of the Greenhouse Gas Pollution Pricing Act and the Income Tax Regulations .
Part 2 amends the Excise Act, 2001 and other related texts in order to implement changes to
(a) the federal excise duty frameworks for cannabis and other products by, among other things,
(i) permitting excise duty remittances for certain cannabis licensees to be made on a quarterly rather than a monthly basis, starting from the quarter that began on April 1, 2022, and
(ii) allowing the transfer of packaged, but unstamped, cannabis products between licensed cannabis producers; and
(b) the federal excise duty framework for vaping products in relation to the markings, customs storage and excise duty liability of these products.
Part 3 amends the Underused Housing Tax Act to make amendments of a technical or housekeeping nature. It also makes regulations under that Act in order to, among other things, implement an exemption for certain vacation properties.
Division 1 of Part 4 authorizes the Minister of Finance to acquire and hold on behalf of His Majesty in right of Canada non-voting shares of a wholly-owned subsidiary of the Canada Development Investment Corporation that is responsible for administering the Canada Growth Fund and to requisition the amounts for the acquisition of those shares out of the Consolidated Revenue Fund.
Division 2 of Part 4 amends the Bretton Woods and Related Agreements Act to increase the maximum financial assistance that may be provided in respect of foreign states.
Subdivision A of Division 3 of Part 4 enacts the Framework Agreement on First Nation Land Management Act .
Subdivision B of Division 3 of Part 4 contains transitional provisions in respect of the enactment of the Framework Agreement on First Nation Land Management Act and makes consequential amendments to other Acts. It also repeals the First Nations Land Management Act .
Division 4 of Part 4 amends the Government Employees Compensation Act in order to fulfil 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.
Division 5 of Part 4 amends the Canada Student Loans Act to eliminate the accrual of interest on guaranteed student loans beginning on April 1, 2023.
It also amends the Canada Student Financial Assistance Act to eliminate the accrual of interest on student loans beginning on April 1, 2023.
Finally, it amends the Apprentice Loans Act to eliminate the accrual of interest on apprentice loans beginning on April 1, 2023 and to clarify when the repayment of apprentice loans begins during the interest suspension period from April 1, 2021 to March 31, 2023.

Enhancing Transparency and Accountability in the Transportation System Act

[Gabriel Ste-Marie, Bloc, Joliette, QC]

Madam Speaker, we all remember the sad incidents at airports in the summer of 2022. People were sleeping on the floor. They were not given food or a place to sleep. They were not getting any answers. We also remember the big snowstorm during last year's holiday season, and especially everything that followed.

Does my colleague think that the contents of Bill C-32 and the other bills passed so far are enough to ensure that these kinds of situations do not happen again?

[Gabriel Ste-Marie, Bloc, Joliette, QC]

Mr. Speaker, it is with great enthusiasm that I rise today to speak to Bill C‑52.

From the outset I want to say that the Bloc Québécois will support this bill to have the chance to study it closer in committee and improve it.

We know that the bill is trying to resolve various problems that have arisen at our airports since air traffic has resumed. Obviously that is a good thing, because there has been no shortage of problems at our airports since the end of COVID-19.

This leads me to the first point of my speech, about airport and airline service standards. I believe that the intention here is good. We all remember, for those who managed to get a federal passport to travel, what a mess there was at Canada's airports in the summer of 2022.

As members will recall, the government refused to propose a plan to lift the health measures. Why? Rather than provide predictability to our citizens, our industries and our businesses, the government chose to contribute to polarizing this issue, like the Conservative Party. Each side did that in its own way.

Consequently, when the government lifted the public health restrictions for travelling abroad, people rushed to our airports. That resulted in all the chaos we witnessed, when hundreds of flights were delayed or cancelled and passengers were stuck sleeping on the floor at airports. There were also extremely long wait times at customs, which, incidentally, is a federal responsibility. That is also not to mention the horrendous lineups for boarding.

The Bloc Québécois's intuition before those problems occurred was right. We warned the government that its passenger bill of rights was by no means a panacea, and sadly, the unfortunate things that happened proved that to be true.

It became very clear that certain airlines preferred to make more money by overbooking their flights. They knew that they would be unable to keep their commitments. However, they also knew that it would not be too much of a problem because the complaints would not go anywhere, given the interminable delays at the Canadian Transportation Agency. Because there is no serious punitive mechanism for these airlines, some of them chose to act unscrupulously, and that is shameful.

The second key moment in this saga happened last winter. Members may recall that a snowstorm left many flights grounded. We agree that no one can be blamed for a snowstorm, not even the Minister of Environment and Climate Change. We are not holding the government responsible for rain or good weather—especially not good weather, of course. The fact remains, however, that although events beyond our control can affect air transportation services, airlines have a responsibility to their customers that they cannot shirk. They have to provide food to people left waiting for hours, or even hotel rooms and return flights if their customers are stuck in Mexico, for example. Unfortunately, some airlines failed to live up to their responsibilities that time, too.

Further to that point, I want to talk about Cirium and FlightAware, the firms that compiled data for La Presse. They determined that there were more than 2,400 delays and cancellations during the holiday season last year, that is, between December 19, 2022, and January 4, 2023. Their figures show that over 55% of Air Canada's 1,000 flights were delayed. For Sunwing, the figure was two-thirds. Every airline had issues. It was during this period that Sunwing suspended several return flights from Mexico, stranding travellers there for days. People criticized the company's incompetence, and Sunwing was forced to apologize to its customers.

We talk a lot about airlines, but we cannot forget about Via Rail. This rail company was also singled out for blame. Passengers were trapped on board a train for hours. In one case, it was an entire day. That is unacceptable.

Following this second unacceptable event, the Standing Committee on Transport, Infrastructure and Communities took up the issue. My esteemed colleague from Pierre-Boucher—Les Patriotes—Verchères, whom I commend, proposed several improvements to the passenger bill of rights.

These improvement include the following: shifting the burden of proof to the airlines; changing the grounds on which a carrier is not required to provide compensation; improving the complaints process to reduce delays, finally; making the Canadian Transportation Agency's decisions public to establish a type of jurisprudence, so that anyone forced to go to court several years after the incident will know exactly what the agency is basing its arguments on; and increasing fines for airlines.

These proposals were included in the government's Bill C‑32. Just one thing was left out, namely the need to ensure that airlines treat people with respect and dignity. I believe that is the objective of the service standards, that is, to ensure that airlines treat people like people, for example, and as I said earlier, by providing them with food when the plane is grounded for several hours, as well as a hotel room instead of the floor to sleep. This is a step in the right direction, and we welcome it.

The only concern that I have about this measure is that it does not force the government to set standards for the services it offers itself. We know that some airport delays are caused by the federal government. I spoke about it a few moments ago. The endless wait times at customs and security because Ottawa is not providing sufficient funding are not the responsibility of airlines or airport authorities. The federal government needs to lead by example and set service standards for itself. That is what we are asking it to do today. Once again, what we are seeing in this bill is that the government is setting standards for airports and airlines. That is good, but the government, the royalty that does not negotiate with its subjects, remains above all that, and the problem remains unsolved. The government should have implemented such measures here at the same time in order to set the example.

My second point about this bill has to do with something entirely different and that is the management of airport noise out of respect for the neighbouring community. The bill forces airport operators to establish a noise management committee, which will be responsible for dealing with complaints from the public and giving notice to the public with respect to noise alterations. The committee is made up of one representative from the airport operator, one representative from Nav Canada, one representative from the municipal or local government and one air carrier representative. Under the bill, the committee will meet at least four times a year and allow public participation.

In practical terms, it is hard to say whether the committee will really improve neighbourliness between airports and residents, but it is safe to say that having this committee will facilitate both the process and communication on this issue. As we know, there are numerous problems that arise between airports and neighbouring residents, and they are often brought to the attention of the MPs who represent these citizens. As I was saying, the committee will not solve everything, but it can facilitate communication. That is why we welcome this party's intention. However, we are aware that this remains a serious and deep-rooted problem. Citizens are reaching out to us, especially to our colleagues who represent ridings with airports near densely populated areas. People are saying they cannot stand hearing airplane noise all day long. We need to continue to do more, but this is a good first step.

Another aspect that we welcome is the establishment of greenhouse gas reduction targets for airports and ports. They will not be exempt.

As members know, the bill requires municipalities to develop and adopt a five-year plan on climate change adaptation measures. We are talking about the current and anticipated impacts of climate change on airport operations for airport authorities and reducing greenhouse gas emissions. Specifically, this is about targets and adaptation in relation to the previous plan. Governments will also have to publish their plans.

This part of the bill aims to force port and airport authorities to come up with a plan to reduce emissions and adapt to climate change. Given the importance of this infrastructure, we welcome the proposal in this area, as well.

However, we did find some problems in several areas of this bill and in many other bills introduced by the government. What is the problem?

Airport obligations are determined by regulations. In other words, they will be determined by the government, who will not have to be accountable to the House, to us legislators. Today, as we debate Bill C‑52, it is impossible for us to determine the effort that will be required from airport authorities. In other words, Bill C‑52 gives the government the power to say that it will impose rules later, that it will determine them alone and it will not be accountable to anyone.

This can likely be explained by haste. They probably want to go too fast and for us not to take the time to do things properly. I will come back to that a bit later in my speech.

This looks good on paper, but since the devil is in the details and those will not be decided until later by regulation, we will remain skeptical about the scope of this measure. As I was saying, this is not the first time the government announces good intentions on the environment, when we know its true nature, namely to continue giving subsidies to the oil companies, authorize Bay du Nord, fund at great cost the expansion of Trans Mountain, and so on. We are not fools.

Let us come back to Bill C‑52. Another part of the bill deals with the collection of information and the handling of complaints regarding airport accessibility for people with disabilities. That is obviously very important. Here again, the intention is highly commendable and it is consistent with the objective of the Accessible Canada Act, which is to eliminate barriers for people with disabilities by 2040. We all saw stories in the news about people with disabilities who were unable to receive the services and support they needed. What is more, quite often, they were not treated with the respect that every person deserves. Every incident like that is one too many and unacceptable. It is imperative that things change, that action is taken. Let us hope that Bill C‑52 helps to improve the situation and that such incidents never happen again.

As I was saying, the problem is that the bill does not indicate what the government intends to do to improve the situation. However, it does indicate that the government will be able to create regulations in that regard. The bill targets a problem that must be resolved to comply with other laws, but it gives the government power to adopt regulations and does not make the government accountable to the House, which is unacceptable.

Again, I will offer some criticism about this approach. Passing legislation that only allows the minister to make the rules bypasses the spirit of the legislative role of Parliament. It does not allow us, the elected members, to properly defend the interests of the constituents we represent.

At some point I would like to officially make this request to the Chair, who is the defender of our rights and privileges in the House. I would like to know whether it is acceptable for the government to operate in this way this often, having everything go through regulations instead of through laws that can be studied thoroughly by us, the legislators. In my opinion, the government is assuming rights that are also those of the House by proceeding in this way. Obviously, when there is a majority vote then it is the House that it is giving these rights to the government. This raises a rather fundamental question. The government is proceeding in this way to go quickly and to hide what will be unpopular. That is an issue that deserves a lot of reflection.

In its current form, Bill C-52 creates a great deal of uncertainty for the industry, which is being told that the government has plans without being informed of how it intends to go about implementing them. Will the industry receive clear information on what will be implemented in the regulations? Will it be able to have a constructive and positive dialogue within the acceptable time frame allowed by the government? The industry has to rely on the government's good faith. This leads to a concentration of powers, which is worrisome, because when power is concentrated in the hands of the minister, this runs contrary to the spirit of the separation of powers necessary for a healthy democracy.

I really wanted to take a moment to point this out. I think it is necessary because we would prefer that the government do its job and legislate through laws rather than regulations. We believe it is necessary, even when one has very noble intentions such as making our airports more accessible and inclusive.

On this point, there is another part of this bill that I want to commend. The bill provides that airport authorities will henceforth be required to produce a report on diversity among their directors and members of senior management.

Once again, the details will be defined by regulation. Based on what Statistics Canada wrote in its report on diversity among directors and senior management, inequities persist among men, women and visible minorities. As we know, the last two groups are under-represented and there are still wage gaps, even when the main reasons for gaps, such as occupation, education, and the number of weeks or number of hours worked, are accounted for in the Statistics Canada study.

We have a duty to address these inequities and we will continue to do so. We applaud the fact that Bill C‑52 includes a part on this subject. However, it does not say what is actually going to be done. It announces an intention in that the matter will be defined by regulation, once again.

In conclusion, there are many, many elements of the bill that I would have liked to discuss, including criticisms about part 3 of the bill and the changes to port fees. Part 3 of the bill amends the Canada Marine Act and provisions regarding the fixing of port fees. A bunch of different taxes are mentioned, like tolls, dues and rates for things like harbour access, berthage and wharfage, not including payments made under a lease or licence agreement. There is a list of principles that port administrations have to observe when fixing fees. Part 3 of the bill also established a framework for complaints regarding these fees.

We have some concerns about these principles, which could benefit from discussions in committee, improvements or clarifications. Proposed paragraph (a), for instance, states that “the fees must be fixed in accordance with an explicit methodology—that includes any conditions affecting the fees—that the authority has established and published”. We wonder if this principle is really necessary and what the reasoning is. There is also paragraph (c), which states that “the fees must not be fixed at levels that, based on reasonable and prudent projections, would generate revenues exceeding the authority’s existing and future financial requirements”. Our concern with this principle is that the wording could hinder development and investments in port infrastructure.

The bill also enables the Canadian Transportation Agency to make regulations to establish fees to administer the provisions of the bill on fees. The bill does not specify who will be charged these fees because, once again, it will all be determined by regulation. That is how this party governs. It drafts a bill and asks us to vote in favour of it, but everything is determined by regulation so that the government is not accountable to the House. Is it because the members of this party are ill-intentioned and trying to pass things that we do not know about or is it because they are just incompetent? One has to wonder, but this way of doing things is shameful either way.

Obviously, in committee, we will ensure that the principles outlined in the bill do not undermine the competitiveness of Quebec and Canadian ports. We will also take the time to study these principles and their effects. For example, again in relation to this same part, we are not convinced that the complaints process is the best, and we are wondering about the reasoning behind the principles that will determine port fees. I am sure my colleagues will address those aspects in more detail in the speeches that follow.

I want to close by emphasizing that, as usual, the Bloc Québécois will take the time to study the bill in committee to improve it, with our main focus being that this future law must improve the day-to-day lives of Quebeckers. That is what we are always working to accomplish.

Sitting Resumed

[Claude DeBellefeuille, Bloc, Salaberry—Suroît, QC]

Madam Speaker, I am pleased to rise and speak this evening—although I must say the hour is late, almost 9 p.m.—to join the debate on Bill C-47.

Before I start, I would like to take a few minutes to voice my heartfelt support for residents of the north shore and Abitibi who have been fighting severe forest fires for several days now. This is a disastrous situation.

I know that the member for Manicouagan and the member for Abitibi—Baie-James—Nunavik—Eeyou are on site. They are there for their constituents and represent them well. They have been visiting emergency shelters and showing their solidarity by being actively involved with their constituents and the authorities. The teamwork has been outstanding. Our hearts go out to the people of the north shore and Abitibi.

Tonight, my colleague from Abitibi-Témiscamingue will rise to speak during the emergency debate on forest fires. He will then travel back home to be with his constituents as well, so he can offer them his full support and be there for them in these difficult times.

Of course, I also offer my condolences to the family grieving the loss of loved ones who drowned during a fishing accident in Portneuf-sur-Mer. This is yet another tragedy for north shore residents. My heart goes out to the family, the children's parents and those who perished.

Before talking specifically about Bill C-47, I would like to say how impressive the House's work record is. A small headline in the newspapers caught my eye last week. It said that the opposition was toxic and that nothing was getting done in the House. I found that amusing, because I was thinking that we have been working very hard and many government bills have been passed. I think it is worth listing them very quickly to demonstrate that, when it comes right down to it, if parliamentarians work together and respect all the legislative stages, they succeed in getting important bills passed.

I am only going to mention the government's bills. Since the 44th Parliament began, the two Houses have passed bills C-2, C-3, C-4, C-5, C-6, C-8 and C-10, as well as Bill C-11, the online streaming bill. My colleague from Drummond's work on this bill earned the government's praise. We worked hard to pass this bill, which is so important to Quebec and to our broadcasting artists and technicians.

We also passed bills C-12, C-14, C-15, C-16, C-19, C-24, C-25, C-28, C-30, C-31, C-32, C-36 and C-39, which is the important act on medical assistance in dying, and bills C-43, C-44 and C-46.

We are currently awaiting royal assent for Bill C-9. Bill C-22 will soon return to the House as well. This is an important bill on the disability benefit.

We are also examining Bill C-13, currently in the Senate and soon expected to return to the House. Bill C-18, on which my colleague from Drummond worked exceedingly hard, is also in the Senate. Lastly, I would mention bills C-21, C-29 and C-45.

I do not know whether my colleagues agree with me, but I think that Parliament has been busy and that the government has gotten many of its bills passed by the House of Commons. Before the Liberals say that the opposition is toxic, they should remember that many of those bills were passed by the majority of members in the House.

I wanted to point that out because I was rather insulted to be told that my behaviour, as a member of the opposition, was toxic and was preventing the work of the House from moving forward. In my opinion, that is completely false. We have the government's record when it comes to getting its bills passed. The government is doing quite well in that regard.

We have now come to Bill C-47. We began this huge debate on the budget implementation bill this morning and will continue to debate it until Wednesday. It is a very large, very long bill that sets out a lot of budgetary measures that will be implemented after the bill is passed.

I have no doubt that, by the end of the sitting on June 23, the House will pass Bill C-47 in time for the summer break.

What could this bill have included that is not in there? For three years, the Bloc Québécois and several other members in the House have been saying that there is nothing for seniors. I was saying earlier to my assistant that, in my riding of Salaberry—Suroît, we speak at every meeting about the decline in seniors' purchasing power. I am constantly being approached by seniors who tell me—

An Act for the Substantive Equality of Canada's Official Languages

[Darrell Samson, Liberal, Sackville—Preston—Chezzetcook, NS]

Mr. Speaker, I want to thank my colleague for the excellent work she does on veterans affairs.

I really want to answer this. Looking at B.C., I talked about how in the B.C. schools, they could not get any lands. In the bill, there are guarantees that they would be consulted, which is important.

If the member is asking why I am upset with the delay, I have to be very honest and say that today, where I stand, I am happy with the delay. I explained that Bill C-32 had strengths, but Bill C-13 has more strengths. Now, going to committee with the new amendments, it is even better. In 10 years, we will make it perfect, if it is not perfect today.

Opposition Motion—Carbon Tax

[Francesco Sorbara, Liberal, Vaughan—Woodbridge, ON]

Madam Speaker, I thank my colleague for his question this afternoon. As regards housing and the cost of living across the country, it is very important to bring in measures to help all Canadians.

On the housing front, with the measures put in place by the fall economic statement, some of which will flow through Bill C-32 and the upcoming housing accelerator fund, we will work with all levels of government to ensure that the housing supply is boosted for Canadian families, for first-time buyers and for Canadians from coast to coast to coast.

[Francesco Sorbara, Liberal, Vaughan—Woodbridge, ON]

Mr. Speaker, it is great to recommence speaking to such an important topic, but also on our government's record of assisting Canadians at this period of time.

Our government is well aware that many Canadians are struggling to put food on the table during this period of high inflation. We go to the grocery store and cannot help but feel discouraged to see the price of the food we eat every day continue to rise. Milk, meat, bread, fruit and vegetables all cost more now. Many families across the country are struggling to make ends meet these days because of inflation.

However, it is important to remember that inflation is a global phenomenon, and food inflation is no exception. It is the result of the COVID-19 pandemic, and has been exacerbated by Vladimir Putin's illegal and barbaric war in Ukraine. To make things worse, snarled supply chains are affecting people and businesses around the world.

However, there is some room for hope in Canada. While inflation was 8.1% in June, it is now down to 6.9%, lower than what we see in many peer economies. For example, in the United States, it is at 7.7%. The EU is in double digits at 10%, and in the United Kingdom is 11.1 %. Still, inflation at 6.9% in Canada is too high.

I do personally, as an economist, forecast inflation going down in the quarters ahead, which will bring much needed relief to Canadian families.

On the bright side of things, as we are all bracing for a global economic slowdown, I believe there is no country better placed than Canada to weather the coming global economic slowdown and thrive in the years ahead. Indeed, Canada has an unemployment rate near its record low, as more than 500,000 more Canadians are working today than at the beginning the pandemic. We also have the strongest economic growth in the G7 so far this year and the lowest net debt and deficit-to-GDP ratios in the G7. On top of that, our country maintains its AAA credit rating from all three rating agencies.

However, we understand that a large number of Canadians will continue to struggle. The next few months will be difficult for our friends, families and neighbours because of inflation.

Many Canadians need help to get through the crisis, and our government is there for them. For example, with our affordability plan, we are putting forward a suite of measures totalling $12.1 billion to help Canadians make ends meet and provide for their families.

It is important to note that the measures we are putting forward are not pouring unnecessary fuel on the inflation fire. They only provide targeted, fiscally responsible help to those who need it most.

I would like to remind my colleagues what our affordability plan has to offer. It would enhance the Canada workers benefit and put up to $2,400 more in the pockets of modest-income families. That would assist nearly three million Canadian workers on a yearly basis.

We will cut regulated child care fees by an average of 50% by the end of this year. As I noted in the first two minutes of my speech prior to question period, my family received news that, for little Leia, who is in day care now, the fees have been reduced by 25% and a further 25% will occur by the end of the year. That is great news for not only my family, and we are quite blessed, but also for families who need that assistance and help.

There is a 10% increase in old age security, which we had put in prior to the increase in global inflation. This will be $800 more for over three million seniors aged 75 and up who need it the most.

Regarding dental care, over 35,000 Canadians have signed up for their children under 12. These Canadians have incomes under $90,000 a year and do not have private insurance.

We will make a $500 payment to 1.8 million low-income renters who are struggling with the cost of housing.

There is the doubling of the GST credit for six months, which is providing additional relief to 11 million individuals and families.

Everything is indexed to inflation. As I mentioned earlier this week, when speaking to Bill C-32, then finance minister Paul Martin introduced the indexation of all benefits of all marginal income tax rates to avoid what is called “tax creep” due to inflation. It was very important. It was one of the largest tax cuts ever introduced in Canadian history and provided a boost to incomes. It is great to see that continue.

When we think about the increase in the cost of living, it is due to the cost of groceries, of course, but it is also due to the cost of housing. Our government believes that everyone should have a safe and affordable place to call home. That goal was taken as a given for previous generations, but it is increasingly out of reach for far too many Canadians. Rents continue to climb across the country, pushing people further and further away from where they work.

With Bill C-31, we move forward with a one-time top-up to the Canada housing program. This will provide a tax-free payment of $500 to low-income renters, and 1.8 million Canadians will receive this. This payment will provide direct assistance to those who are most vulnerable to inflation and those experiencing housing difficulties.

These 1.8 million low-income renters include students who are struggling to pay for housing, and they will be eligible for this new assistance. This one-time top-up is part of a broader set of initiatives introduced in budget 2022. It will invest more than $9 billion to help make housing more affordable, including by alleviating the supply shortage, which is one of the main causes of the high cost of housing, particularly in the GTA.

In addition, with Bill C‑32, our government is moving forward with its ambitious package of measures to build more homes and make housing more affordable across the country.

In order to help Canadians afford a down payment faster, Bill C-32 proposes to move forward with a new tax-free home savings account. This account would allow prospective first-time homebuyers to save up to $40,000 tax-free toward buying their first home.

As with the registered retirement savings plan, or RRSP, contributions would be tax deductible and, as with the tax-free savings account, or TFSA, withdrawals would be non-taxable. The tax-free first home savings account is a new tool that will help prospective first-time homebuyers save for a down payment.

We will also enhance the first-time homebuyers' tax credit. The professional fees associated with real estate transactions are another hurdle. That is why we are proposing to double the first-time homebuyers' tax credit. The enhanced credit would provide up to $1,500.

I know my time is winding up, so I will stop there. I look forward to questions and comments from my hon. colleagues from all sides of this hon. place.

Carbon Pricing

[Terry Duguid, Liberal, Parliamentary Secretary to the Minister of Environment and Climate Change]

Mr. Speaker, on this side of the House, we are focused like a laser beam on affordability. I hope that in just a few short minutes, members opposite will vote for Bill C-32, which helps affordability.

Do members know what else helps affordability? It is the climate action rebate. It puts more money in people's pockets, and eight out of 10 families will benefit.

Do members know what they will not benefit from? The advice of the Leader of the Opposition to invest in cryptocurrency. There are a few days left in this session. I hope the hon. Leader of the Opposition has the opportunity to apologize. He should.

Taxation

[Rachel Bendayan, Liberal, Parliamentary Secretary to the Minister of Tourism and Associate Minister of Finance]

Mr. Speaker, I still do not understand how the Conservatives from Quebec can be against the actions our government is taking to deal with climate change. I understand that the Conservatives want to ignore climate change, but in an hour, we will be voting on Bill C‑32, which will lower taxes for our SMEs and our entrepreneurs.

Why do the Conservatives systematically vote against tax cuts, including tax cuts for the middle class?

Financial Institutions

[Rachel Bendayan, Liberal, Parliamentary Secretary to the Minister of Tourism and Associate Minister of Finance]

Mr. Speaker, the Conservatives have heard us explain why it was important that we were there for Canadians. If we had to do it again, we would, because Canadians needed us and we were there in their time of need.

What I do not understand is that in an hour's time, we will be voting on Bill C-32 and the Conservatives have consistently voted against the bill. The bill contains an important measure that will further lower the small business tax rate for our entrepreneurs in the country.

If the Conservatives wish to be consistent about their position, why are they voting against a tax cut for small businesses?

Opposition Motion—Carbon Tax

[Mike Morrice, Green, Kitchener Centre, ON]

Madam Speaker, the member knows through the interventions I have shared in this place that if the governing party were serious about the climate crisis, it would start by taking the Canada recovery dividend that is already in Bill C-32 and apply it to oil and gas companies.

I will move to a different topic. One thing I think we agree on is addressing affordability, particularly for those who need it the most, and that is people with disabilities across the country who are disproportionately living in poverty today. They have been calling out for an emergency response benefit to address the rising cost of living, food and day-to-day life. If all parliamentarians were serious about addressing affordability in this place, they would be directing funding to those living with disabilities.

Could the member share his level of support for addressing poverty for those living with disabilities through an emergency response benefit?

Fall Economic Statement Implementation Act, 2022

[The Deputy Speaker, Chris d'Entremont]

Pursuant to order made on Tuesday, November 15, the House will now proceed to the consideration of Bill C-32 at the third reading stage.

Post-Secondary Education

[Randy Boissonnault, Liberal, Minister of Tourism and Associate Minister of Finance]

Mr. Speaker, I thank my colleague from Dorval—Lachine—LaSalle for her question and her hard work.

With the increase in the cost of living, our government has been quick to act and provide support to Canadians who need it. We are continuing this support with our fall economic statement and Bill C‑32 by including the elimination of interest on student loans. This will help students and new graduates. We will ensure that Canadians have money in their pockets.

The Conservatives can support us here within the hour by voting in favour of Bill C‑32.

Carbon Pricing

[Terry Duguid, Liberal, Parliamentary Secretary to the Minister of Environment and Climate Change]

Mr. Speaker, all of us, on all sides of the House, are concerned about the affordability challenges of Canadian families, except on this side of the House we are doing something about it. The Conservatives can redeem themselves in just a few short minutes by voting for Bill C-32.

As the hon. member will know, as the price on pollution increases, so does the climate rebate. Unfortunately, the hon. Leader of the Opposition does not support that. He supports investing in cryptocurrency. Canadians are losing their shirts, and that is very unfortunate.

Auditor General

[Diane Lebouthillier, Liberal, Minister of National Revenue]

Mr. Speaker, the only thing this party is good for is regurgitating what their leader tells them and repeating the word “triple”.

Imagine what would happen if, instead of singing from the same hymn sheet, they took a look at real issues such as tackling global challenges, supporting Canadians, supporting families, supporting seniors and protecting the environment. Then again, in order to do that, they would have to take on some real problems, and they are not capable of doing that.

I urge them to vote for Bill C-32 this afternoon.

Finance

[Diane Lebouthillier, Liberal, Minister of National Revenue]

Mr. Speaker, I want to thank the Auditor General and her entire team for her important work and for tabling her report in the House yesterday. I want to say that I have the utmost respect for the Auditor General, her role and her independence. As we have said before, we appreciate the fact that she has confirmed that our COVID-19 benefits were effective.

We will not be distracted. Canadians have given us a mandate and we will continue to be there to support them. I urge my colleagues to do the right thing and vote in favour of Bill C-32 this afternoon.

The Economy

[Randy Boissonnault, Liberal, Minister of Tourism and Associate Minister of Finance]

Mr. Speaker, we greatly respect the efforts that working men and women are making to build a prosperous Canada. We know that Canadians are going through a difficult time during this global inflationary cycle. That is why, here in Canada, the Bank of Canada is independent. Its role is to reduce inflation to a 2% target rate. As the government, we take action to put money in the pockets of Canadians who need it, when they need it.

That is why it is essential that every member of the House vote in favour of supports for Canadians and help us by voting for Bill C‑32.

[Randy Boissonnault, Liberal, Minister of Tourism and Associate Minister of Finance]

Mr. Speaker, as the hon. leader of the New Democratic Party knows, the Bank of Canada is an independent institution that has been tasked, since December of last year, to get inflation back down to 2%.

The bank is doing its job. We are doing our job, which is making sure that we have the fiscal firepower to face what is to come, investing in Canadians and supporting the Canadians who need it the most. That is why we are helping Canadians to buy a new home, advancing the payments for workers' benefits and making sure that student loan interest gets removed forever.

This is the right thing to do. It is the responsible thing to do. It is why we hope that all parties vote with us on Bill C-32 today.

[Randy Boissonnault, Liberal, Minister of Tourism and Associate Minister of Finance]

Mr. Speaker, the member opposite knows very well that the Bank of Canada is an independent institution.

It is true that this is a difficult time for Canadians. It is not true that the investments that we made in Canadians have caused inflation. One need only look at the report of the former governor of the Bank of Canada, Stephen Poloz, which indicates that our investments prevented a period of deflation.

Within the hour, the Leader of the Opposition will have the opportunity to help Canadians by supporting Bill C-32 to implement the support measures set out in the fall economic statement.

[Randy Boissonnault, Liberal, Minister of Tourism and Associate Minister of Finance]

Mr. Speaker, I would like to thank my friend and hon. colleague from Vancouver Granville for his hard work on the file and his dedication to his residents.

We are always here to support Canadians, and the measures we have in place put more money in the pockets of Canadians. In the fall economic statement, we propose to eliminate student loan interest, to make housing more affordable and to increase the Canada workers benefit. The Conservatives can do the right thing and see their hearts grow not one, not two, but three sizes, and vote for Bill C-32 and to support Canadians.

Taxation

[Randy Boissonnault, Liberal, Minister of Tourism and Associate Minister of Finance]

Mr. Speaker, our approach is based on compassion, responsibility and fiscal prudence.

If we look at the facts, millions of mothers who received CERB did not create inflation, and neither did the thousands of businesses that took wage subsidies.

If the Conservatives truly, from the bottom of their hearts, want to help Canadians get through these difficult times, they can do the right thing and vote for Bill C‑32, which will benefit Canadians.

Bill C-32—Time Allocation Motion

[Randy Boissonnault, Liberal, Edmonton Centre, AB]

Madam Speaker, we are in the midst of consultations on budget 2023. I know that my colleague who is responsible for EI is currently looking at a new version, at modernizing EI. I invite my colleague to submit his proposals to the minister responsible and to me because it is time to modernize our EI system. For today, we need to vote on Bill C-32.

[Sébastien Lemire, Bloc, Abitibi—Témiscamingue, QC]

Madam Speaker, I would like to point out that I am very uneasy about the gag order that is being imposed.

It is a little late to propose amendments to Bill C‑32, but a budget will be tabled soon enough. Can my colleague commit to making sure that there is real EI reform? I think it is time. We must use the months ahead to take appropriate action to rebuild our social safety net. Six out of 10 people do not have access to EI, and that includes people who pay into it.

Can my colleague commit to that?

[Randy Boissonnault, Liberal, Edmonton Centre, AB]

Madam Speaker, what is important in Bill C-32, the fall economic statement, is the fact that we have put money down on our deficit to have the lowest deficit in the G7. We are investing billions of dollars to make sure that we have a clean tech sector, a hydrogen sector and good labour provisions to make sure there are good-paying jobs.

We are talking about making sure that people can buy their first homes, eliminating the interest on student loans and apprentice debts, and making sure that small businesses in the member's riding, in my riding and ridings across this country can grow and have their taxes reduced, so we do not see them pack up and go to another country.

This is an important piece of legislation. The Conservatives are objecting to the short title of the bill. That is a very clear signal that it is time for us to move to the vote.

[Randy Boissonnault, Liberal, Edmonton Centre, AB]

Madam Speaker, I would like to begin by telling my colleague from Shefford just how deeply I was touched by her observations this morning. I thank her for her comments.

Regarding Bill C‑32, we need to focus on democracy and meeting Canadians' needs when it comes to building the economy, putting Canada in a very strong fiscal position and providing support to Canadians who need it.

We have already had 27 hours of debate and 140 speeches on Bill C‑32. We will be spending more time on it and hearing more speeches about it today and throughout the week. Implementing the support measures in this bill is essential to the economy, to our fiscal position and to Canadians.

With that, we are here because we are ready to vote.

[Randy Boissonnault, Liberal, Edmonton Centre, AB]

Madam Speaker, I respect the NDP members and thank them for supporting this bill.

My colleague is absolutely right. This bill will help growing companies lower their tax bill. We will eliminate interest on student and apprentice loans. We will also help Canadians buy their first home. We are going to make significant investments in the economy akin to those in the U.S. Inflation Reduction Act.

It is time to take action. The game plan is consistent across the continent. That is why we need to take action and vote in favour of Bill C‑32.

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

Madam Speaker, I am pleased to rise in the House to remind everyone that, in this minority government, the NDP is acting responsibly and forcing the Liberal government to do things that matter to people, such as introducing dental care and increasing the GST credit.

Bill C‑32 is not perfect, but it contains concrete measures that will help students, first-time homebuyers and our small and medium-sized businesses. In addition, this bill will make big Canadian banks pay a little more of their fair share—not enough, in our opinion, but it is a step in the right direction. We think it is important to pass this bill so we can help Quebeckers and Canadians as quickly as possible.

[Claude DeBellefeuille, Bloc, Salaberry—Suroît, QC]

Madam Speaker, I want to speak because I am a bit amazed by everything I am hearing from both sides of the House.

I do not understand the idea of imposing closure on Bill C-32. In every speech we made, we said that the Bloc Québécois supported Bill C-32. I also heard the NDP say that it supported the bill. The government therefore has everything it needs to move Bill C-32 forward, properly and in a reasonable manner. It also has the option of having us sit later to accelerate the process. Why would it impose closure? I really do not understand.

I would also like to say that I completely disagree with the allegation made by my colleague in the NDP that the Bloc Québécois is obstructing proceedings. That is not true. That is misinformation. On the contrary, we have given our support to many bills. We work seriously and thoroughly on the bills. Members can say anything they want in the House, but they should not say things that make no sense. As whip, I can say that Bloc members are thorough, that they work hard, that they contribute and that they do not obstruct proceedings to block the legislative agenda. In fact, the opposite is true.

With respect to Bill C-32, I will say it again and tell the minister that we support it. The government has the support of a majority to move Bill C-32 forward properly. Why impose closure? I am sorry to say that I truly feel that closure is an abuse of power when used to pass a bill that the government already has majority support for. Compared with other minority governments, this government has managed to have a record number of bills passed. More bills have been passed under this minority government than under previous ones.

I do not know what they are complaining about. It seems that the Liberals are worn out, that they are basically fed up with managing our institution, Parliament, our debates. It is true that it takes a certain amount of effort. They need to listen, negotiate and be open. I really feel that this government is worn out.

[Blake Desjarlais, NDP, Edmonton Griesbach, AB]

Madam Speaker, there is no question that Canadians are suffering right now. There is no question that people are having to use what little they have in their savings accounts just to make ends meet.

Since New Democrats have been elected to this place, we have always been steadfast in our mission of ensuring that we continue to deliver the promises we made to Canadians. Many of those promises are included in this fall economic statement and within Bill C-32. It is imperative that we get these supports to Canadians now.

This House is a place where traditions of debate live. Yes, that is an important thing, but in our condition of democracy today, what we are seeing is the Bloc Québécois do what it has done traditionally, which is to blame, blame, blame everybody else, and then we have the other block party, the Conservative block, which blocks everything else.

We really need to get this legislation passed. We need to get the support to Canadians. We are here to support Canadians, and that is what this bill does.

[Randy Boissonnault, Liberal, Edmonton Centre, AB]

Madam Speaker, quite frankly there are small businesses in the member's riding, in my riding and in the ridings of the Conservatives, the Bloc, the Greens and the New Democrats that want to keep growing and want to make sure they are going to get some tax relief when they do.

There are families looking forward to saving money so they can put it into a new savings account for their first home, but they cannot do that unless we vote and pass this law on to the next stage, unless we get to vote on Bill C-32.

We are talking about making sure that hydrogen investments, clean-tech investments and the good labour agreements we need to build the economy for the future get passed into law. We are talking about billions of dollars of investment into our country. That is what is at stake. That is why we need to get to a vote.

[Randy Boissonnault, Liberal, Edmonton Centre, AB]

Madam Speaker, the support measures in Bill C-32 will help Quebeckers and Canadians across the country. It is time that the government rolled out these support measures. We need to act and vote, because Canadians are counting on the measures in Bill C-32. These measures include strengthening our economy and positioning ourselves as the G7 country with the lowest deficit. Now is the time to act. That is why we are here today. We want to vote.

[Alain Therrien, Bloc, La Prairie, QC]

Madam Speaker, when I was a child, there were stories on TV. They all used to end with “they got married and had many children”. The NDP and the Liberals got married and had many closure motions. They impose closure on themselves. They impose closure on the House of Commons. We have never seen an opposition party so eager to keep quiet. Sometimes, when we hear them talk, we can understand them.

Seriously, the government has negotiated 20 closure motions with the NDP. There was a motion that said the government could extend sittings until midnight up to June 23, if it so desired.

Let us look at the legislative agenda: Today we are studying Bill C-32; tomorrow, Bill C-32; Thursday, Bill C-32; Friday, Bill C-32. That is what is on the agenda.

They can extend the sittings until midnight, but that is not enough for them. They are in a hurry. Their bill is urgent. What do they do? They decide. My colleague, the Minister of Tourism, said that they are fed up. I would like to remind them that they are in Parliament. This is a democracy. I know that the Prime Minister once said he admired China and China’s dictatorship, but at some point he will have to learn to listen to the opposition, because the opposition parties often have important and relevant things to say. It might inspire them not to introduce bills like Bill C-31. That is why the NDP is on its knees licking the Liberals’ shoes; it is all for Bill C-31.

I have been a member of the House for 10 years, and I have never seen such a rotten bill. It is not me saying that, it is Mario Dumont, when he wrote about dental insurance and Bill C-31 in his column. The bill was so badly put together that they must have been hanging their heads in shame as they drafted it. That is why the NDP supported 20 gag orders. It is a little embarrassing.

My question is for the NDP. Are members of the NDP not ashamed of having supported 20 gag orders and not saying anything?

[Randy Boissonnault, Liberal, Minister of Tourism and Associate Minister of Finance]

Madam Speaker, I have enormous respect for my hon. colleague.

Before answering his question, I would like to mention that this is a sad day that marks a tragedy motivated by hate and misogyny. The École Polytechnique massacre will always be seared into our collective memory. My heart and my thoughts go out to the families of the victims who died 33 years ago, as well as to the families of all women who suffered a violent death. The minister and all of my colleagues in the House have my full support in the fight against misogyny. We need to put an end to violence against women and against those who identify as women.

We know that times are hard for Canadians, and Bill C-32 will provide them with essential support. We will eliminate interest on student loans, help families purchase their first home and reduce income tax for growing small and medium-size businesses. These are concrete measures that form the basis of our bill.

Rather than supporting Canadians who need the measures set out in Bill C-32, the Conservatives continue to vote against the bill and are now using delay tactics. I understand that there can be some back and forth in the House, but when the issue is the title of the bill, enough is enough, and we should move on to a vote.

[Mark Holland, Liberal, Leader of the Government in the House of Commons]

Madam Speaker, I move:

That in relation to Bill C-32, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 3, 2022 and certain provisions of the budget tabled in Parliament on April 7, 2022, not more than one further sitting day shall be allotted to the consideration of the report stage and not more than one sitting day shall be allotted to the consideration of the third reading stage of the said bill; and

That fifteen minutes before the expiry of the time provided for Government Orders on the day allotted to the consideration at report stage and on the day allotted to the consideration at the third reading stage of the said bill, any proceedings before the House shall be interrupted, if required for the purpose of this order, and in turn every question necessary for the disposal of the stage of the bill then under consideration shall be put forthwith and successively without further debate or amendment.

Oil and Gas Industry

[Terry Beech, Liberal, Burnaby North—Seymour, BC]

Madam Speaker, to directly answer the question, 2023 is when we are committed to removing all inefficient fossil fuel subsidies.

I would also encourage anyone listening to this to look at our entire emissions reduction plan. There has been over 100 billion dollars' worth of investments into initiatives leading to a cleaner future, including in budget 2022, which took a number of important steps to mobilize private investments, including launching the Canada growth fund. The Canada growth fund is going to attract substantial private sector investment in Canadian businesses and projects to help seize the opportunities that are provided by building a net-zero economy, which is exactly what we are doing.

I invite all members to read Bill C-32 if they have not already done so. The legislation would provide up to $2 billion in initial capitalization for the Canada growth fund. Not only will this help Canada fight against climate change, but it will also grow our economy and create jobs for Canadians, which is what we are trying to do in everything that we do.

Carbon Pricing

[Randy Boissonnault, Liberal, Minister of Tourism and Associate Minister of Finance]

Mr. Speaker, Canada and Canadians are not alone around the world in facing high prices. It is true that extreme weather has led to very bad harvests, and supply chain issues are still causing food prices to rise, which is why we have put in place supports to provide housing opportunities for Canadians, to double the GST tax credit and also to put in place dental supports.

If the Conservatives are serious about getting these supports to Canadians, they can support the government and vote for the fall economic statement, Bill C-32.

Business of the House

[Mark Holland, Liberal, Leader of the Government in the House of Commons]

Mr. Speaker, we will need to wait for the unanimous consent motion to see what will happen. I will wait for that. There is good news for the member opposite in that he has the opportunity, at committee of course, to review those guns and make any suggestions his members would like. I am sure, as a long-serving member, he would be aware of that opportunity, but I just remind him of that.

The Speaker will be pleased to know we will continue with debate at second reading of Bill C-26, an act respecting cyber security, amending the Telecommunications Act and making consequential amendments to other acts. Tomorrow we will begin debate at second reading of Bill C-23, the historic places of Canada act.

On Monday, we will begin debate at report stage and third reading on Bill C-32, the fall economic statement implementation act, 2022. Thursday will be the final allotted day of the current supply period. For the rest of the week, priority should be given to Bill C-32.

I would also like to indicate that on Tuesday there will be a statement by the minister on the commemoration of the Polytechnique massacre.

Finance

[Peter Fonseca, Liberal, Mississauga East—Cooksville, ON]

Mr. Speaker, I have the honour to present, in both official languages, the eighth report of the Standing Committee on Finance in relation to Bill C-32, an act to implement certain provisions of the fall economic statement tabled in Parliament on November 3, 2022 and certain provisions of the budget tabled in Parliament on April 7, 2022.

I would like to thank our finance committee clerks, Alexandre Roger and Carine Grand-Jean; our legislative clerks, Philippe Méla and Jean-François Pagé; our analysts, Joëlle Malo and Michaël Lambert-Racine; our committee assistant, Lynda Gaudreault; all committee staff, interpreters and services, and all members of the finance committee for their dedication and hard work.

Small Business

[Terry Beech, Liberal, Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance]

Madam Speaker, Canada's small and medium-sized businesses are the heart of our economy. They define our communities, our main streets and our neighbourhoods across the country, in big cities and small villages. Helping them innovate is good for Canada, and that is why our government has addressed and continues to address barriers that are preventing them from growing.

With Bill C-32, we are proposing to cut taxes for Canada's growing small businesses, which will help them continue to grow and create good jobs. We are also working with payment card networks, financial institutions, acquirers, payment processors and businesses to lower credit card transaction fees for small businesses. We want these fees to be lowered in a manner that protects existing reward points for consumers and does not adversely affect other businesses.

We believe an agreement can be reached, but should it be the case we are not able to come to an agreement, we will introduce this legislation at the earliest possible opportunity in the new year and move forward on regulating credit card transaction fees.

We have already published draft legislation amendments to the Payment Card Networks Act, and I invite the member for Spadina—Fort York to read them and provide feedback.

We all want Canadians to have good jobs, but it is also important to keep a good social safety net, and employment insurance is certainly one aspect of it. EI is a tool that helps provide resources for people in their time of need.

I would like to remind the member for Spadina—Fort York that it is the Canada Employment Insurance Commission, not the government, that sets the annual employment insurance premium rate according to a seven-year break-even rate, as forecast by the EI senior actuary. It does this every year and has done so since 2016.

The commission is a tripartite organization representing the interests of workers, employers and government. It is mandated to represent and reflect the views of its respective constituencies. The employment insurance premium rate will be $1.63 per $100 of insurable earnings in 2023. That is 25¢ less than it was in 2013 when it was $1.88 per $100 of insurable earnings, and notably, this was under the management of the current Leader of the Opposition.

In June 2013, the national unemployment rate was 7.2%. It is now 5.2%. Over two million more Canadians are now working compared to June 2013, including 500,000 more since the beginning of the pandemic. The seven-year break-even mechanism ensures stable and predictable premium rates for Canadian workers and employers. In fact, annual changes to the premium rate are subject to a legislated limit of just 5¢. The mechanism is also intended to ensure EI contributions are only used for EI purposes.

This is a prudent and transparent way for EI premiums to be managed, and I do not understand exactly why the hon. member would be against it.

Taxation

[Terry Beech, Liberal, Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance]

Madam Speaker, first, I would like to address the question of pollution pricing.

Our government knows that putting a price on pollution remains the most effective way to fight climate change while making life more affordable for Canadians. Not only does pollution pricing ensure it is no longer free to pollute anywhere in Canada, but for eight out of 10 Canadians who receive the climate action incentive payments, the federal pollution pricing system actually puts more money back into their pockets.

Climate action is no longer a theoretical political debate; addressing it is an economic necessity. The reality is that Canadians are confronted every day with more extreme events, such as floods, hurricanes and wildfires. A few months ago, the Parliamentary Budget Officer published an analysis showing that climate change has negatively impacted and will continue to negatively impact the Canadian economy. Responsible governments can only grow the economy and make life more affordable for Canadians if they have a responsible climate plan. The member opposite, respectfully, has neither a credible plan for the environment nor the economy.

However, I would also like to reassure my hon. colleagues that our government understands that many Canadians are struggling to make ends meet and that many are worried as our country's economy faces a period of slower economic growth due to the global challenge of high inflation and higher interest rates. Still, inflation in Canada is high and we know that Canadians are feeling it when they go to the grocery store, fill up their tanks and pay their rent. The good news is that there is no country better placed than Canada to weather the coming global economic slowdown and thrive in the years ahead. Our country has an AAA credit rating, has the strongest economic growth in the G7 so far this year, and the lowest deficit and net debt-to-GDP ratios in the G7. In fact, we have strengthened that advantage over the pandemic. Also, our unemployment rate continues to be near its record low.

We do appreciate that this will continue to be a difficult time for a lot of Canadians. It is a difficult time for our families, friends and neighbours. That is why the government is supporting Canadians who are most affected by inflation. For example, by doubling the GST credit for six months, we will deliver $2.5 billion in additional targeted support to roughly 11 million individuals and families, including more than 50% of Canada's seniors. I thank the member opposite for supporting that measure.

Canadians will even start to see some more of these targeted measures this week. On Thursday, December 1, Canadians can begin applying for the Canada dental benefit. That means the parents of kids under the age of 12 will be able to claim $650 per child for visits to the dentist.

We are also moving forward with new measures introduced in our fall economic statement a few weeks ago. For example, Bill C-32 would make the federal portion of all Canada student loans and Canada apprenticeship loans permanently interest-free, including those that are currently being repaid. We are making major investments in housing affordability, and our key benefits are indexed to inflation. We have a world-class child care program and have cut costs by more than 50% just this year, and we have reduced taxes for the middle class and for small businesses.

We will continue to work hard to make sure that life is more affordable in Canada and to grow an economy that works for everyone.

[Terry Beech, Liberal, Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance]

Madam Speaker, I take a lot of time writing my notes, but to get off that for a second, at the request of my colleague, there was in fact a carbon price seven years ago, just not in his home province of Alberta. In my home province of B.C., there absolutely was a price on carbon, and guess what. During that period, British Columbia had the fastest-growing economy in the country at the same time as we had a carbon price. That is just some food for thought before I get into my extensive notes.

Our government understands that many Canadians are worried about our country's economy and that we are facing a global slowdown due to global challenges of high inflation and higher interest rates. However, it is important to remember that inflation is in fact a global phenomenon. Indeed, it is a lingering result of the COVID pandemic, Putin's illegal war on Ukraine and the snarled supply chains that are affecting so many people and businesses right around the world. The good news, though, is that no country is better placed than Canada to weather the coming global economic slowdown and thrive in the years ahead.

Canada's inflation rate is less severe, at 6.9%, than those of our peers, like the United States, at 7.7%, the United Kingdom, at 11.1% and Germany, at 10.4%. We rely on Stats Canada to do those calculations. Also, our country has a AAA credit rating and has had the strongest economic growth in the G7 so far this year. That is alongside the lowest deficit- and net debt-to-GDP ratios in the G7. In fact, we have strengthened that advantage over the course of the pandemic. Our unemployment rate is also near its record low, and 500,000 more Canadians are working today than before the pandemic.

We do appreciate, though, that this is a difficult time for families, friends and of course our neighbours. That is why we are now moving forward with targeted measures, including new ones introduced in the fall economic statement. For example, Bill C-32 would make the federal portion of all Canada student loans and Canada apprentice loans permanently interest-free, including those currently being repaid.

We are also continuing to implement our government's affordability plan, which includes targeted measures worth $12.1 billion. For example, with Bill C-31 having recently received royal assent, we are moving forward with the creation of the Canada dental benefit for children under 12 in families with annual incomes of less than $90,000 who do not have access to a private dental plan. Also, individuals and families receiving the GST credit started receiving an additional $2.5 billion in support earlier this month, and I thank my friend opposite for supporting that measure.

These are targeted measures that help make life more affordable for Canadians who need it the most, while being careful not to add fuel to the inflationary fire.

When it comes to pollution pricing, we know that a national price on pollution is the most effective and least costly way of reducing greenhouse gas emissions while putting more money back into the pockets of most Canadians. Climate action is no longer a theoretical political debate; it is an economic necessity.

Earlier this month, the Parliamentary Budget Officer published an analysis showing climate change has negatively impacted and will continue to negatively impact the Canadian economy. The Conservatives regularly conflate the increased cost in global commodity prices with a price on pollution, but this is a fundamental error in practice. In B.C., for example, the carbon price has increased by only two cents per litre over the last three years while the price of gas has increased by over a dollar. That means the Conservatives are regularly ignoring 98% of the real problem. They also ignore the fact that the federal carbon price is revenue-neutral and that it actually makes life more affordable for eight out of 10 Canadian families through the climate action rebate.

Oil and Gas Industry

[Terry Beech, Liberal, Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance]

Mr. Speaker, I will start by sharing the sentiment of my friend from Kitchener Centre with regard to the urgency of this issue and with regard to making sure that we get this right, for the sake of our children and all children across Canada and around the world.

Canada remains committed to phasing out inefficient fossil fuel subsidies. We have already taken action to phase out nine tax measures supporting the fossil fuel sector. We have also pledged to undertake a peer review of inefficient fossil fuel subsides under the G20 process. The reality is that Canada fought hard at COP27 so that the world did not backslide on the phasing out of fossil fuel subsidies. We reiterated our commitment to phase out inefficient fossil fuel subsidies by 2023, two years earlier than the G20 commitment.

Some have argued, including the member who just spoke, that our recent measures to support the emerging carbon capture, use and storage sector amount to an inefficient fossil fuel subsidy. This is not true. The fact is that CCUS is one of many tools in our tool box to meet our climate commitments. I would note that many respected global organizations support CCUS development. This includes the United Nations' Intergovernmental Panel on Climate Change and the Paris-based International Energy Agency.

In fact, the agency estimates that this technology could be responsible for about 15% of global emission reductions. It is part of the plan. It also gives us a tool to lower emissions outside of the oil and gas sector. Steel production, cement and other emission-intensive industries can benefit from this technology. This, in fact, builds on our world-leading climate plan, one that approaches reducing emissions and developing clean technology in all facets of our economy, and one that we further expanded on in the fall economic statement tabled earlier this month.

While we are removing tax credits from flow-through shares on oil, gas and coal, we are also creating new investment tax credits for clean tech and for clean hydrogen. We are also creating a sustainable jobs training centre that will prepare our workers for the high-paying sustainable jobs that will be created as new economic opportunities emerge as part of our climate plan. In addition, we are investing in a world-leading innovation and investment agency and a $15-billion clean growth fund that will help Canada further tap into the economic opportunities that the clean transition provides.

That being said, our government's priority, beyond fighting climate change and growing an economy that works for everyone, is to make life more affordable for Canadians who are currently struggling with global inflation.

Indeed, we are now moving forward with targeted measures, including new ones introduced in the fall economic statement. For example, Bill C-32 would make the federal portion of all Canada student loans and Canada apprenticeship loans permanently interest-free, including those currently being repaid.

We are expanding our efforts with regard to affordable housing and we are making sure that every child in Canada, no matter how wealthy their parents are, has access to affordable dental care. This is in addition to our investments that have lifted millions of children and seniors out of poverty, including an early learning and child care agreement that will make our kids smarter and allow hundreds of thousands of parents to rejoin the workforce, if they choose to do so.

Finally, we have doubled the GST benefit to help 11 million Canadian households, including more than 50% of seniors, better handle the impacts of global inflation.

Any responsible plan must tackle climate change in a way so that no one is left behind in our economy, and that is exactly what our government is doing.

Bill C-32—Time Allocation Motion

[Randy Boissonnault, Liberal, Edmonton Centre, AB]

Madam Speaker, I respect my hon. colleague and his comments on making sure we use time efficiently in the House. I will take his comment under advisement and discuss it with the government House leader.

Today is about making sure we can get Bill C-32 to committee so we can get back here for third reading, and then we would be able to get housing supports to people, get student loan interest removed for apprentices and students, reduce taxes on small businesses and do all the other good things for growing the economy that are included in the fall economic statement.

[Alistair MacGregor, NDP, Cowichan—Malahat—Langford, BC]

Madam Speaker, by my count, I think that the vast majority of last week was spent debating Bill C-32. Unfortunately, the House cannot debate two bills at any one time. As a consequence of last week, Bill C-20, the important oversight legislation for both the CBSA and the RCMP, has been bumped to tomorrow.

People have been waiting for years for an effective oversight mechanism for both of these agencies. The CBSA has never had this kind of oversight. There are other interests in play. I know that the Conservatives would like to keep on debating Bill C-32, but indigenous people in Canada, racialized people and so many people who have been at the wrong receiving end of both the RCMP and the CBSA have been waiting years for this important accountability and oversight legislation.

I hope that, after we get through Bill C-32 and it is sent to committee, I have a commitment from the government that Bill C-20 will get the priority it deserves.

We waited in the 42nd Parliament for Bill C-98 when that member was here. We waited in the last Parliament for Bill C-3 and we now, finally, have Bill C-20. I want to see a commitment that this bill will get the time it deserves.

[Mario Beaulieu, Bloc, La Pointe-de-l'Île, QC]

Madam Speaker, I detest the way the Liberals keep invoking closure. They did it for the official languages bill and they are doing it today for Bill C‑32. The shocking thing is what is missing from Bill C‑32. All provinces are asking for an increase in health transfers. Health care systems across the country are vulnerable. There is nothing in the bill to help with that, nor is there anything about increasing old age benefits for seniors between the ages of 65 and 74.

What does my colleague have to say about that? Why not increase the health transfer?

[Randy Boissonnault, Liberal, Edmonton Centre, AB]

Madam Speaker, I thank the hon. colleague for her support of Bill C-32. I was not on the opposition benches at time to which she is referring. As a member and as a minister, I can say that I talked to Brad in my riding this week, who thanked us for making sure we got Bill C-30 and Bill C-31 done so quickly, because he wanted and needs the $500 housing support in that legislation. On the weekend, I talked to Mike and Laurie, who thanked us for our child care supports. They said to me at the All is Bright festival, “It's making a real difference, and we're able to make it through this inflationary cycle.”

There are millions of other Canadians waiting for us to get to work, to get to committee and to get Bill C-32 passed so that the people who need the help the most can get those supports when they need them the most.

[Elizabeth May, Green, Saanich—Gulf Islands, BC]

Madam Speaker, rising yet again on a time allocation debate, I am reminded of when, in previous Parliaments, the Conservatives under Stephen Harper used time allocation again and again and again. I sat in that corner with the Liberals when they were the third party. Consistently, every time, they said that if we allow this to happen, eventually Parliament and democracy will be diminished and time allocations will become so routine that they are used over and over again in future Parliaments. I think I am the last standing member of the opposition to Stephen Harper's use of time allocations for almost every bill. It has, as we worried, become routine. I will never vote for a time allocation on a bill. Even when, as is the case here, I support Bill C-32, I object to the truncation of time. It diminishes Parliament's work.

I do, though, sympathise with the governing party in that because we have ignored our rules for so long, nobody remembers that it is against Westminster parliamentary rules to give a written speech. I maintain that House leaders, when meeting together, should give an honest assessment to each other of how many members they really have who can speak to a bill without a written speech, without notes, and contribute to a thoughtful debate. I lament where we are right now, and this can be regarded as more a comment than a question, because the Liberals have completely forgotten all the reasons they used to warn that the use of time allocation for almost every bill was anti-democratic.

[Randy Boissonnault, Liberal, Edmonton Centre, AB]

Madam Speaker, I have a great deal of respect for my Bloc Québécois colleague when it come to this issue.

I think that it is worth noting that we really need to do our homework as parliamentarians when it comes to House procedure and the important Bill C-32 in order to provide Quebeckers and Canadians with the support they so desperately need.

With regard to the duration of the debate, I want to mention that we have had 18 hours of debate and 120 speeches so far. As members are well aware, the issue can be examined more closely during the in-depth discussions held in committee and members will have more opportunities to speak there. Members will also be able to debate the bill at third reading.

[Marilyn Gladu, Conservative, Sarnia—Lambton, ON]

Madam Speaker, I just cannot believe this is happening again.

The Liberal government ran on promises in elections that it was not going to shut down debate, yet it does it all the time. It is no wonder there are no Canadians who believe them any more. However, I am surprised that the NDP is supporting this unholy marriage, this costly coalition. They used to have principles on time allocation, and used to not allow it. It boggles the mind.

How are the people of Sarnia—Lambton supposed to have their voices heard in this place when I have not even had a chance to speak to Bill C-32?

Business of the House

[Mark Holland, Liberal, Ajax, ON]

Mr. Speaker, I thank my hon. Bloc Québécois colleague, who is a very reasonable person. He is right, but when someone asks me a question, it is my job to answer. Every time I am asked the Thursday question, I try to answer as clearly and directly as possible.

Moving back to the calendar, as I know the hon. House leader for the opposition is keenly awaiting this information, this afternoon and tomorrow we will continue with the debate on Bill C-32, concerning the fall economic statement. Of course, we look forward to that hon. colleague's support for this.

Next week, we will be focusing on the second reading debate of Bill C-20, the public complaints and review commission act; Bill S-4, COVID-19 measures; and Bill C-27, the digital charter implementation act, 2022.

The House resumed consideration of the motion that Bill C-32, an act to implement certain provisions of the fall economic statement tabled in Parliament on November 3, 2022 and certain provisions of the budget tabled in Parliament on April 7, 2022, be read the second time and referred to a committee, and of the amendment.

Taxation

[Terry Beech, Liberal, Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance]

Madam Speaker, as the Canadian economy faces a period of slower economic growth due to the global challenge of high inflation and higher interest rates, our government understands that many Canadians are worried. They are certainly not relieved by the speech they just heard, but it is important to remember that inflation is a global phenomenon. It is a lingering result of the COVID pandemic.

Despite the Conservative leader's continued attempts to minimize the effects of the war in Ukraine, inflation has been exacerbated by the war in Ukraine and by the supply chain challenges that are affecting people and businesses, frankly, right around the world. Fortunately, there is no country better placed than Canada to weather the coming global economic slowdown and thrive in the years ahead. Indeed, Canada has the strongest economic growth in the G7 so far this year, and we have maintained our position as the G7 country with the lowest net debt and deficit-to-GDP ratios. Our country has a AAA credit rating, a recognition of our strong fiscal position. Canada also has an unemployment rate near its record low, as 500,000 more Canadians are working today than were before the pandemic.

While Canada's inflation rate is less severe, at 6.9%, than that of many of our peers, like the United States, at 7.7%, the United Kingdom, at 10.1%, and Germany, at 10.4%, we appreciate that this will continue to be a difficult time for many Canadians. That is why we are moving forward with our affordability plan, which includes targeted measures worth $12.1 billion. It is already putting more money back into the pockets of the most vulnerable Canadians and those who need it the most. While the Conservatives continue to oppose these compassionate measures, we will continue to be there for Canadians with support that has been carefully designed to avoid making inflation worse.

For example, individuals and families receiving the GST credit started receiving an additional $2.5 billion in support earlier this month. Despite Conservative efforts to oppose and block our compassionate plan, with Bill C-31, we are proposing to create the Canada dental benefit for children under 12 and families with annual incomes under $90,000 who do not have access to a private dental plan. Following the fall economic statement, we are also moving forward with Bill C-32 to make the federal portion of all Canada student loans and Canada apprentice loans permanently interest free, including those currently being repaid.

Canadians can count on our government to continue running a tight fiscal ship. I would like to remind my hon. colleagues that all of these support measures are targeted, fiscally responsible and continue to reduce our debt-to-GDP ratio.

When it comes to pollution pricing, we know that a national price on pollution is the most effective and least costly way of reducing greenhouse gas emissions while putting money back into the pockets of most Canadians. I would like to remind my hon. colleagues that unfortunately climate action is no longer a theoretically political debate. It is an economic necessity.

Canadians all know that the Conservatives do not have a serious plan to tackle climate change, which means they also do not have a plan to grow the Canadian economy. Earlier this month, the Parliamentary Budget Officer published an analysis showing that climate change has negatively impacted and will continue to negatively impact the Canadian economy. Our plan makes life more affordable, grows the economy, fights climate change and puts Canada in a great position to benefit from the growing global opportunity that is clean growth and from the creation of hundreds of thousands of good-paying, sustainable jobs.