Bill C-46

An Act to amend the Federal-Provincial Fiscal Arrangements Act and the Income Tax Act

This enactment amends the Federal-Provincial Fiscal Arrangements Act to authorize additional payments to the provinces and territories. It also amends the Income Tax Act to provide an additional payment of the Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit equal to double the amount of the regular January 2023 payment.

Opposition Motion—Balanced Budget

[Wilson Miao, Liberal, Richmond Centre, BC]

Madam Speaker, this government has been working on creating a more inclusive Canada since day one. I am pleased to note the opposition party is as focused as our government on cost of living issues.

In the current global inflationary environment, it is appropriate that we are discussing the issue of the rising cost of living, but it is also important to bear in mind that this issue has been top of mind for our government since long before the global pandemic struck and before Russia's illegal invasion of Ukraine. In fact, making life more affordable has been a central focus of our government's effort from day one. The measures we have introduced to make life more affordable include reduced child care costs, the Canada child benefit, the Canada dental benefit and tax relief through an increased basic personal amount. Through climate action incentive payments, our government is keeping affordability in mind as we fight climate change.

Since 2015, close to 2.3 million fewer Canadians are living in poverty. Income inequality has continued to fall. The labour force participation rate for women aged 15 to 64 years is at record highs, and young Canadians have access to a greater number of good-paying jobs than before the pandemic. There are 890,000 more Canadians employed than before the pandemic, which is more people than the entire population of New Brunswick. These are strong fundamentals, but we know there are challenges ahead.

We must contend with a slowing global economy and elevated interest rates around the world, and we will continue to take action to do so. We are fortunate that Canada's inflation rate is lower than that of our G7 partners, such as the U.K., Germany and the United States. Also, inflation is down from its peak last year, but it is still high. This means that, despite Canada's strong recovery from the pandemic, and despite all the new supports we have provided, there are still too many Canadians who are struggling with the impact of the recent ongoing wave of global inflation, especially lower-income Canadians, who are more exposed to the impact of rising costs.

This is precisely why, by introducing the one-time grocery rebate in budget 2023, our government is providing much-needed relief to those who need it most and helping to ensure they can continue to put food on the table. We know that it would not be reasonable to provide this support to everyone, as it would put pressure on prices for everyone and complicate the Bank of Canada's effort in addressing inflation, so the new, one-time grocery rebate will deliver targeted inflation relief to 11 million low- and modest-income Canadians and families who need it the most. The grocery rebate is being delivered to eligible Canadians on July 5 by direct deposit or cheque. I ask those who are watching to please make sure to check their account or mailbox. The royal assent of Bill C-46 has made this benefit a reality.

The passage of Bill C-46 is also allowing us to deliver a one-time top-up to the Canada health transfer for provinces and territories, which is worth an additional $2 billion. This will allow them to reduce wait times for surgery and support emergency rooms across Canada. This funding is to be used to improve and enhance the health care Canadians receive and is not to be used by provinces and territories in place of their planned health care spending. However, as announced by the Prime Minister in February, we will be providing nearly $200 billion in additional federal health funding to provinces and territories over the next decade.

Our actions show that health care is a top priority for our government because health care is a priority for all Canadians. Canadians are proud of our universal publicly funded health care system. It is at the very heart of our identity as a country. Dental care is an important component of our health, too, but seeing a dentist can be very expensive. That is why our government has committed to fully implementing a permanent Canadian dental care plan by 2025.

Currently, the Canada dental benefit is providing eligible parents and guardians with direct, upfront, tax-free payments to cover the costs of dental care for their children under 12 and has supported more than 305,000 children to the current date. However, it is not just children who need affordable dental care. That is why budget 2023 delivered a transformative investment to provide dental care to Canadians who need it, with $13 billion over the next five years and $4.4 billion ongoing to implement the permanent Canadian dental care plan.

The plan will provide dental coverage for uninsured Canadians with annual family incomes of less than $90,000, with no copays for families with incomes under $70,000. The plan will begin to roll out by the end of 2023, which will both improve the health of Canadians and make life more affordable. Of course, it is not just the cost. There are also other factors that may prevent Canadians from accessing dental care, such as living in a remote community or requiring specialized care due to disability, which is why budget 2023 proposed funding to establish an oral health access fund. This fund will complement the Canadian dental care plan by addressing oral health gaps among vulnerable populations and reducing barriers to accessing dental care, including in rural and remote communities.

Our government is investing in health care because it matters to Canadians. It matters to their children, parents, seniors, friends and neighbours. Investing in health care is critical to building healthier and safer communities across Canada. Whether they are ensuring they have money to put food on the table or the health care they need when they need it, Canadians can be sure of one thing: Our government will continue to support them.

We will continue to be there to provide more help to those who need it most. We will continue to make life more affordable. We will continue to support the middle class. We will continue to build a stronger economy, and we will continue to make sure no one is left behind.

Budget Implementation Act, 2023, No. 1

[Daniel Blaikie, NDP, Elmwood—Transcona, MB]

Mr. Speaker, I am happy to rise to speak to Bill C-47 at report stage.

I want to share some reflections, particularly about the process the bill has undergone in its journey in the House of Commons and some of the debate that has arisen today on the subject of the bill. I apologize that the thoughts are not in any particular order, but there are some things that are nevertheless worth noting about the bill.

If you were to listen to the debate today and you were a Canadian who had not studied the bill, you might be under the impression that the recent increase in the carbon tax is somehow in this bill. It is important to say that it is not. There has been a fair bit of confusion around that, given the focus of the debate.

You might also think that a lot of the major spending items the government committed to in its budget are in this bill, or you might even think that this bill is the budget itself, given the nature of some of the conversation that has been had around the bill.

It is important to distinguish between the budget itself, which was already debated and voted on in this House some time ago, and budget implementation bills, which do not always legislate commitments from the most recent budget. In fact, sometimes they go back to previous budgets, but effectively, when the government is ready to move on some previous budget commitments and there is legislative work that needs doing, this is what we see in the budget implementation bills. There are some items from the most recent budget in this bill. There are some items from previous budgets in this bill.

One of the things that is important to emphasize is that as far as spending authority goes—that is, this bill giving permission to government to spend taxpayer money—there is not anywhere near the level of spending in this bill that some have said there is. For instance, even in respect of the dental program, this bill does not authorize the money for the dental program. It does have some legislative measures to facilitate the program, ultimately, once it is ready to be operationalized, like better sharing of information between government departments so that they can that ensure people who are making claims under the program are properly eligible.

In other words, there are some provisions designed to ensure eligibility up front and to move away from the attestation system, which is something Conservatives have said they do not like, and that there should be upfront checks of eligibility so people do not mistakenly receive benefits that then need to be clawed back. That is something this legislation seeks to do.

This legislation would reduce the excise tax increase that was going to be 6.3%, because it was tied to inflation through an automatic escalator, down to 2%. That is not a spending item. It is a reduction of government revenue, because it reduces a tax. It reduces a tax that Conservatives said they wanted to see reduced and takes on a tax increase that they thought was inappropriate in the circumstances. We agreed with that as New Democrats and we are glad to see that small brewers and small vineyards across Canada that are facing difficult times are not going to be hit with an outsized increase in the excise tax. However, that is only true if this legislation passes.

This legislation would also close a lot of loopholes in tax law and other law that is used by money launderers in order to avoid paying taxes and to mask their criminal activity. This bill would crack down on predatory lenders or payday loan places that are charging really inordinate amounts of interest. Canadians do not typically choose a payday loan centre as their first choice for banking. It is usually because they do not have a lot of options, and that is how they get there.

Somebody shared with me a statistic, and it was something like Canadians are 40% more likely to end up declaring bankruptcy if they just walk in the door of a payday loan place. There is clearly a close connection between payday lending and people on the financial margins. This bill seeks to do something about that by lowering the criminal rate of interest.

It also improves the Canada workers benefit, something that a colleague of mine on the finance committee likes to talk a lot about, which is the marginal effective tax rate for working-class Canadians and how it disincentivizes people to leave social assistance for work. That is his claim. He likes to reference the C.D. Howe Institute report to that effect. In fact, the changes to the Canada workers benefit would help reduce that marginal effective tax rate and make the transition from social assistance to employment easier.

The legislation also removes Russia and Belarus from a list of countries that get preferential tariffs for trading in Canada. In other words, it extends and strengthens sanctions that Canada has put in place since Russia's illegal and immoral invasion of Ukraine. These are the things that are being held up. They are not being held up because there is another huge spend that goes along with them.

In fact, the biggest spending items in this bill were the doubling of the GST tax credit and $2 billion in health transfers to the provinces that was negotiated between the federal government and the provinces. That was by far the biggest direct spend in this legislation. With the consent and participation of the Conservatives, all parties in this House expedited another bill, Bill C-46, that had those spending items in it. There are now some coordinating amendments in this legislation to make sure we do not do the same thing twice.

The fact of the matter is that the biggest spending items, with the full participation and knowledge of the Conservatives, have already passed through the House of Commons. What is left are a number of administrative changes to set up the administrative infrastructure for the growth fund and some legal changes to facilitate the administration of a dental care program. This is not actually where the money is being authorized.

We would think that a former finance critic, which the leader of the Conservative Party is, would know that. We would think that the current finance critic might know that. Perhaps the finance critic for the Conservatives might have known that if he had bothered to show up much at committee during the Bill C-47 process, but apparently he had other things to do. He left it to other members of his caucus to hold down the fort while the finance committee was studying Bill C-47 to the extent that it did.

Of course, we did not do as much extensive study of that bill as I would have liked, because Conservatives chose to talk out the time we had. First they talked out the time we had for hearing witnesses. They did that in the lead-up to the Minister of Finance's appearance.

Was it on a grand principle? I am not sure. Did they have an important point? I think so. It is one that I supported on the record many times. I thought the minister should have committed to come for two hours. As it was, she came for an hour and 40 minutes, but she told us she would only come for an hour. I do not think that was helpful to the process. I think more forewarning by the minister about how long she was actually prepared to appear would have been more helpful.

In the end, it meant that the Conservatives chose to talk over all of the time that we would have had to hear from Canadians who are concerned and from stakeholders who represent various concerns.

Then there was an agreement at the committee to have a process to move to clause-by-clause study. It would have allowed us some time to debate the clauses and various amendments and subamendments. Instead, Conservatives chose to talk through that time as well. Then they said that they wanted to hear from witnesses after talking through all the time we had for witnesses. They say the agreement they signed on to with the Liberals to do clause-by-clause study provided for another 10 hours of witness testimony that they never got.

Did they raise it when we still had three or four days to hear from more witnesses and come to an understanding? No, they raised it afterward. All the time to hear from witnesses had elapsed, so they knew when they raised the issue that there was not going to be a positive outcome and that they were not going to get what they wanted, and then they repeated this kind of behaviour in the House.

Report Stage

[Julie Vignola, Bloc, Beauport—Limoilou, QC]

Madam Speaker, allow me to begin my comments by talking a little about the situation in Quebec and Canada. My thoughts are with everyone affected by the fires, whether in Halifax, northern Ontario, or in Quebec in Abitibi, Témiscamingue or the north shore, where I have family and friends who are either out of their homes as a preventive measure, or unable to leave their village because the road is blocked by the fire. I send my love to my sister, my cousin and my niece.

We are here today to discuss Bill C‑47. It includes some interesting elements, including the creation of a real EI board of appeal. People who feel cheated will be able to assert their rights. That is a good thing. The air passenger protection system is also being improved. I attended a meeting on the topic in January, and most of the proposals we put forward were accepted, which better protects users. That is also a good thing.

However, several elements are missing. There is no increase for seniors aged 65 to 74. An increase of the tax credit from $5,000 to $6,500 is good. However, people who paid taxes for their entire lives still find themselves with rates that are similar to people who are single, without being able to put money into RRSPs or other forms of tax credits. Seniors' pensions are essentially a social program and, constitutionally, are the jurisdiction of Quebec and the provinces. The way things are going, seniors have a better chance of seeing Quebec repatriate all its pension powers for seniors than seeing Canada improve their situation based on current economic realities.

There is little in this budget related to housing. The supplementary estimates (A) include $973 million, but this one includes almost nothing. In terms of health, the population of Quebec and the Canadian provinces is aging, but is also growing across all age groups. That means that health care costs are higher. The government, with its wires crossed somewhat, had left $2 billion in health transfers in Bill C‑47, which were already voted in Bill C‑46. We thought the government had reconsidered its position, that it was acknowledging that the needs are actually greater, that it would increase health transfers and that that would help everyone. In the end, in a dramatic twist, the Liberals joined with the NDP to remove that $2 billion in health transfers, although the needs are still there.

Now let us now talk about employment insurance. This government has been promising EI reform since 2015. The only thing that has been done so far is a pilot project for seasonal workers, which is a good thing. Their benefits are being extended. Apart from extending the pilot projects, though, nothing else in this budget is new, as I said. The pandemic left a huge hole in the employment insurance fund. The act states that the fund may not run either a deficit or a surplus over an average period of seven years. This means that workers and employers will have to make up for the pandemic-related deficit through their EI contributions. It is important to note that the government does not contribute a penny to the EI fund. Only workers and employers contribute to it.

Over the next few years, there will be surpluses in the EI fund, as was the case before the pandemic, and those surpluses will be used to get rid of the debt brought about by the pandemic. The government could have solved the problem by using the consolidated revenue fund to keep a surplus in the EI fund. It chose not to do so and to make workers and employers pay down the deficit.

The surpluses generated over the next seven years will be used to cover the deficit created by the pandemic. That means that the government has no real intention of reforming the program for the next seven years, in other words, as long as the pandemic deficit is not eliminated.

Employment insurance is also a social program. Just like seniors' pensions, constitutionally, it is a program that should belong to the Canadian provinces and Quebec. At this time, Quebec repatriating its powers and putting in place a modern program is more likely than Canada even beginning to think about maybe continuing to reflect.

There are also surprises in this budget. Among other things, we learn that $80 billion will be allocated over 10 years to a fund for the green transition. That is good news, except that the fund will be distributed to organizations that are not required to report to Parliament. The eligibility criteria for obtaining funds include investments in the oil industry to create green energy, so oil and gas will be burned to create green energy.

By the way, the energy transition does not mean shifting from fossil fuels that produce a lot of greenhouse gases to fossil fuels that produce just a bit less greenhouse gases. The energy transition means shifting to renewable energy. The last I heard, there was no shortage of wind in Quebec and Canada. That is just one renewable energy that can be used. The technology is increasingly reliable.

There is another little surprise in the budget. While 56% of Canadians and 70% of Quebeckers say they are opposed to the monarchy, something was included at the very end of the bill, in clause 510, which is under division 31 of part 4, on page 325. It is recognition of the appointment of Charles III as Canada's monarch, the official head of state of Canada. It is an attempt to slip this by the 56% of Canadians and 70% of Quebeckers who are opposed to the monarchy. Some would say that Bloc members are sovereigntists who no longer want the monarchy. That would mean that 56% of Canadians and 70% of Quebeckers are also sovereigntists. The will of the people—a majority of them in this case, as I said—ought to be respected.

I will quickly end my speech. To answer the Leader of the Opposition's question, a sovereign and independent Quebec will not need health transfers, equalization payments, housing transfers or infrastructure transfers. That is because Quebec will get to keep all the taxes it collects. It will also keep the revenues from customs duties. It will be the sole manager of monies paid by workers and employers into the employment insurance fund and the pension fund for seniors. It will be the sole manager of monies generated by this new country that Quebec could and must become. Quebec's independence will allow us to manage our own future so we can fully represent Quebeckers' aspirations for future generations, unlike this budget, which does not do so.

[Julie Vignola, Bloc, Beauport—Limoilou, QC]

Madam Speaker, Bill C‑47 included $2 billion in health transfers that were already voted on in Bill C‑46, to be sure, but that were still there.

The NDP joined forces with the Liberals to remove that $2 billion even though the needs are growing not only because of the current fires, but also because of the growing and aging population.

Does my colleague regret having removed that $2 billion from Bill C‑47?

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—

Opposition Motion—Carbon Tax

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

Madam Speaker, I am thankful for the opportunity to contribute to today's debate.

As our allies worldwide are moving forward with measures to make their economies greener and cleaner, it is really unfortunate to see that some of our hon. colleagues still do not understand the benefits of our approach. They like saying that our pollution pricing system is making people poorer, chumming the water with hyperinflated misinformation based on the worst-case scenarios of a future where we do nothing to combat climate change.

The truth is, in fact, that today, right now, pollution pricing is putting more money back in the pockets of Canadian households. In 2022-23, through the climate action incentive payments, an average family of four received $745 in Ontario, $832 in Manitoba, $1,101 in Saskatchewan and $1,079 in Alberta. In addition, those living in rural and small communities received an extra 10%.

Clearly, it appears that my colleagues from the official opposition would prefer that we just wait and take no action to address climate change. They would prefer that Canadian households just keep riding the roller coaster of international oil prices, while the cost to our environment, our health and our communities from climate change just keeps adding up. This is by no means a viable option for our country.

At the end of March, our government released budget 2023, our made-in-Canada plan for a strong middle class, an affordable economy and a healthy future. It comes at an important moment for our country.

I will be splitting my time with the member for Lac-Saint-Louis. He is a proud Quebecker, who I am sure will share his important perspective.

To go back to my remarks, I will begin by speaking about the state of the Canadian economy today. Last year, Canada delivered the strongest economic growth in the G7, and our economic growth was stronger than expected in the first quarter of this year; I think it was 3% or 4%. There are 900,000 more Canadians working today than there were when COVID first hit. Our unemployment rate is just 5%, and it has remained near a record low for five months in a row. We have recovered 129% of the jobs lost to COVID, compared with just 115% in the United States.

Inflation was 4.4% in April, down from a peak of 8.1% last June, and the Bank of Canada predicts that inflation will drop to just 2.5% by the end of this year. Even with a slowing economy driven by elevated interest rates in Canada and around the world, our deficit is projected to be lower than it was last year, down to just 1.4% of the GDP. Our deficit and our net-to-GDP ratio are the lowest in the G7 and lower than those of other large AAA-rated economies, such as Australia and the Netherlands.

This strong economic foundation underpinned the budget our government released in March. Bill C-47, the budget implementation act, is currently at committee stage. It would implement many of the key measures outlined in our budget, including new targeted investments to make life more affordable for Canadians.

As I mentioned earlier, in Canada, inflation has come down significantly from its peak of 8.1% in June. However, we all know that it is still too high, and it is still making it difficult for many Canadians to make ends meet and put food on the table. Groceries are more expensive today, and for many people, higher prices on other essential goods are causing undue stress. That is why budget 2023 announced new targeted inflation relief to help support the most vulnerable Canadians with the cost of living. This includes the introduction of a one-time grocery rebate, providing $2.5 billion in targeted inflation relief for 11 million low- and modest-income Canadian families.

I am pleased to say that, with royal assent to Bill C-46, the grocery rebate will be delivered to eligible Canadians on July 5, 2023, by direct deposit or cheque through the Canada Revenue Agency. This means that eligible couples with two children will receive an extra $467, single Canadians without children up to an extra $234 and seniors an extra $225 on average. However, the Conservatives voted against every one of these measures. This is much-needed inflation relief that will be in the pockets of Canadians in just over a month. This is just one of example of a suite of measures announced in budget 2023 to help make life more affordable.

As another example, to support hard-working small business owners, budget 2023 outlined the government's efforts to work closely with small businesses and the payment card industry to lower these fees. Another important measure in the budget includes working with regulatory agencies, provinces and territories to reduce junk fees for Canadians. The budget also takes action to crack down on predatory lending. Predatory lenders can take advantage of some of the most vulnerable people in our communities, including low-income Canadians, newcomers and seniors, often by extending very high interest rates. With budget 2023, our government is taking action by proposing to lower the criminal rate of interest from the equivalent of an annual percentage rate of 47% to 35% and imposing a cap on payday loans.

Budget 2023 announced that the federal government will increase the number of Canadians eligible for File my Return to two million people by 2025, almost triple the current number. Budget 2023 also announced that, starting next year, the CRA will pilot a new automatic filing system. This will help vulnerable Canadians who do not currently file their taxes to receive the benefits to which they are rightly entitled.

The government knows that the higher cost of living means that students still need support to afford an education and pursue their dreams. Budget 2023 also proposed enhanced support for students for the 2023 school year. This included increasing Canada student grants by 40%, providing up to $4,200 for full-time students, raising the interest-free Canada student loan limit from $210 to $300 per week of study, and waiving the requirement for mature students aged 22 years or older to undergo credit screening in order to qualify for federal student grants and loans for the first time.

The members opposite like to make up big-cost numbers for the year 2030 and pull them forward as though they are happening right now, all the while ignoring the real damage that climate change is inflicting in our communities, whether it is through fires, floods, coastal erosion or storm damage. Meanwhile, we are helping people in the here and now in budget 2023, with measures that build on significant investments our government has made since 2015 to support Canadians and make life more affordable. These measures include reducing fees for regulated child care by 50% on average, to deliver regulated child care that costs an average of just $10 a day by 2026; increasing old age security benefits for seniors aged 75 and older by 10%; supporting about 3.5 million families annually through the tax-free Canada child benefit; enhancing the Canada workers benefit for our lowest-paid and often most essential workers to support up to 4.2 million Canadians annually; and permanently eliminating interest on Canada student loans.

In conclusion, making life more affordable for Canadians has been a priority for our government since 2015, and it remains a priority. As I have outlined, budget 2023 builds on key investments from our government throughout the years, as we continue to make targeted and responsible investments to build a stronger economic future for all Canadians. As with previous inflation relief, this new support has been carefully designed to have the biggest impact on those that need it most and, at the same time, to avoid exacerbating inflation.

The Economy

[Lloyd Longfield, Liberal, Guelph, ON]

Mr. Speaker, the rising cost of food affects Canadians, small businesses and families who are trying to put a nutritious meal on the table in my riding and across the country.

Last week, with the passage of Bill C-46, came the creation of the new one-time grocery rebate that will deliver targeted inflation relief for over 11 million low- and moderate-income Canadians and families who need it most.

Can the Deputy Prime Minister and Minister of Finance tell this House when Canadians can expect this timely grocery rebate?

Finance

[Chrystia Freeland, Liberal, Deputy Prime Minister and Minister of Finance]

Mr. Speaker, I would like to thank the member for Mississauga—Malton for his hard work for his constituents and for all Canadians.

He is right: Last week, Bill C-46 received royal assent. This is good news for his constituents and for the constituents of every single member of this House. It is going to deliver the new grocery rebate to the most vulnerable Canadians who need that support that most and a $2-billion top-up to support our health care system. That is the Liberal government in action.

[Iqwinder Gaheer, Liberal, Mississauga—Malton, ON]

Mr. Speaker, I would like to highlight the great news we received last week that Bill C-46 received royal assent here in the House and a quick but thorough study in the Senate. Can the Deputy Prime Minister and Minister of Finance highlight how this bill will help Canadians in my riding of Mississauga—Malton?

[The Deputy Speaker, Chris d'Entremont]

Order, please. I have the honour to inform the House that a communication has been received as follows:

Rideau Hall

Ottawa

May 10, 2023

Mr. Speaker,

I have the honour to inform you that the Right Honourable Mary May Simon, Governor General of Canada, signified royal assent by written declaration to the bills listed in the schedule to this letter on the 10th day of May, 2023, at 4:59 p.m.

Yours sincerely,

Maia Welbourne

Assistant Secretary to the Governor General

The schedule indicates that the bills assented to on Wednesday, May 10, 2023, were Bill S-211, An Act to enact the Fighting Against Forced Labour and Child Labour in Supply Chains Act and to amend the Customs Tariff—Chapter No. 9, 2023; Bill S-227, An Act to establish Food Day in Canada—Chapter No. 10, 2023; and Bill C-46, An Act to amend the Federal-Provincial Fiscal Arrangements Act and the Income Tax Act—Chapter No. 11, 2023.

The Economy

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

Mr. Speaker, as the minister for Alberta, I would like to take a moment to thank first responders across the country, and Canadians from coast to coast to coast, for working with Alberta and coming to support us as we face the crisis with the forest fires.

On the substantive issue of affordability, our government has introduced targeted measures to make life more affordable. Today, I was at the Senate finance committee, where we asked the senators to pass Bill C-46. They have done so, and it is now in front of the Senate for third reading.

Opposition Motion—Home Ownership and Renting Affordability

[Vance Badawey, Liberal, Parliamentary Secretary to the Minister of Indigenous Services]

Madam Speaker, I will be sharing my time with the member for Châteauguay—Lacolle.

I appreciate the opportunity to contribute to today's debate. I will preface my comments by saying that, based on a former intervention, I will be concentrating on what was mentioned earlier by the member opposite: equity and the opportunities to provide for affordability through the investments that the government is currently making.

At the end of March, our government released budget 2023. Our made-in-Canada plan for a strong middle class, an affordable economy and a healthy future was paramount to the remarks made by the Minister of Finance. It comes at an important moment for our country, concentrating on the business of government versus the business of politics. I am proud to say that it makes investments, for example in public health care, and provides new measures to make life more affordable for Canadians. It makes investments to offset the cost of living and in many other areas, making life more affordable.

In Canada, inflation is coming down, having declined for nine months in a row, and the Bank of Canada predicts that it will drop to just 2.5% by the end of this year. However, we all know that it is still too high, and it is still making it difficult for many Canadians to make ends meet, put food on the table, put gas in the tank and ensure that their little ones have the luxuries that we had when we were growing up.

Groceries are more expensive today and, for many people, higher prices on other essential goods are causing undue stress. Therefore, it is relevant that this government is making investments to offset that affordability crisis. That is why, once again, in budget 2023, we announced new, targeted inflation relief for the most vulnerable Canadians to help support them with the cost of living. This includes the introduction of a one-time grocery rebate, providing $2.5 billion to target inflation. This is relief for 11 million low- and modest-income Canadians and their families. The grocery rebate will provide eligible couples with two children with up to an extra $467, single Canadians without children with up to an extra $234, and seniors with an extra $225 on average.

The grocery rebate is making great legislative progress as we speak. I am glad to report that Bill C-46 passed the House at all stages on April 19 and is now being considered by the Senate. This means we are closer to being able to deliver this much-needed support and affordability for Canadians.

A couple of weeks ago, our government introduced Bill C-47, the budget implementation act. This essential piece of legislation proposes to implement many of the government's key commitments in the budget, including those that will continue to make life more affordable for Canadians.

For example, we are cracking down on predatory lending. Predatory lenders can take advantage of some of the most vulnerable people throughout our communities, including low-income Canadians, newcomers and seniors, often by offering very high-interest-rate loans. With budget 2023 and Bill C-47, our government is taking this challenge very seriously.

Another step our government is taking to support low-income Canadians is through automatic tax filing to ensure that—

Carbon Pricing

[Kevin Lamoureux, Liberal, Winnipeg North, MB]

Madam Speaker, the member made reference to the grocery rebate. It is interesting. I do not know exactly where the Conservative Party is on it. We had Bill C-46, which passed the House, from what I understand, unanimously, implying that the Conservative Party actually supports the grocery rebate, but we hear some members who will be critical of the grocery rebate.

Budget Implementation Act, 2023, No. 1

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

Mr. Speaker, as members likely will detect, there are a number of flaws in the member's comments. The one that comes to mind is that he started off by talking about the grocery rebate, and he is being critical because it is not giving enough.

The Conservative Party supported the passage of Bill C-46. Bill C-46 ensures, through legislation, that we will be able to give that grocery rebate. To the very best of my knowledge, not one Conservative MP came to the government saying that we should be increasing the rebate amount. The Conservatives had to be dragged, kicking and screaming, to have their support for the rebate. In fact, one of the reasons that particular clause is in the budget debate is that we did not know we could even get the Conservatives to agree. We are grateful for that.

If the member believes it is not enough, why did not one Conservative MP come over to make the suggestion to increase the grocery rebate?

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

Mr. Speaker, I thank my colleague and friend for his speech.

On the topic of health, the primary role of the federal government is to properly fund health care. In Bill C‑47, there is $2 billion in unconditional transfers to the provinces. The member for Winnipeg North said that the government would try to remove that money from the bill because it is already in Bill C‑46, which was passed by the House.

First, the government is not doing its job properly. It is forgetting to harmonize its own bills. That is not very professional. Second, we believe we need a lot more in health transfers from the federal government. We want this $2 billion to stay in Bill C‑47.

What does my hon. colleague think about that?