Fall Economic Statement Implementation Act, 2023

An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023

Sponsor

Status

Third reading (Senate), as of June 18, 2024

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Summary

This is from the published bill. The Library of Parliament often publishes better independent summaries.

Part 1 implements certain measures in respect of the Income Tax Act and the Income Tax Regulations by
(a) limiting the deductibility of net interest and financing expenses by certain corporations and trusts, consistent with certain Organisation for Economic Co-operation and Development and the Group of Twenty Base Erosion and Profit Shifting project recommendations;
(b) implementing hybrid mismatch rules consistent with the Organisation for Economic Co-operation and Development and the Group of Twenty Base Erosion and Profit Shifting project recommendations regarding cross-border tax avoidance structures that exploit differences in the income tax laws of two or more countries to produce “deduction/non-inclusion mismatches”;
(c) allowing expenditures incurred in the exploration and development of all lithium to qualify as Canadian exploration expenses and Canadian development expenses;
(d) ensuring that only genuine intergenerational business transfers are excluded from the anti-surplus stripping rule in section 84.1 of the Income Tax Act ;
(e) denying the dividend received deduction for dividends received by Canadian financial institutions on certain shares that are held as mark-to-market property;
(f) increasing the rate of the rural supplement for Climate Action Incentive payments (CAIP) from 10% to 20% for the 2023 and subsequent taxation years as well as referencing the 2016 census data for the purposes of the CAIP rural supplement eligibility for the 2023 and 2024 taxation years;
(g) providing a refundable investment tax credit to qualifying businesses for eligible carbon capture, utilization and storage equipment;
(h) providing a refundable investment tax credit to qualifying businesses for eligible clean technology equipment;
(i) introducing, under certain circumstances, labour requirements in relation to the new refundable investment tax credits for eligible carbon capture, utilization and storage equipment as well as eligible clean technology equipment;
(j) removing the requirement that credit unions derive no more than 10% of their revenue from sources other than certain specified sources;
(k) permitting a qualifying family member to acquire rights as successor of a holder of a Registered Disability Savings Plan following the death of that plan’s last remaining holder who was also a qualifying family member;
(l) implementing consequential changes of a technical nature to facilitate the operation of the existing rules for First Home Savings Accounts;
(m) introducing a tax of 2% on the net value of equity repurchases by certain Canadian corporations, trusts and partnerships whose equity is listed on a designated stock exchange;
(n) exempting certain fees from the refundable tax applicable to contributions under retirement compensation arrangements;
(o) introducing a technical amendment to the provision that authorizes the sharing of taxpayer information for the purposes of the Canadian Dental Care Plan;
(p) implementing a number of amendments to the general anti-avoidance rule (GAAR) as well as introducing a new penalty applicable to transactions subject to the GAAR and extending the normal reassessment period for the GAAR by three years in certain circumstances;
(q) facilitating the creation of employee ownership trusts;
(r) introducing specific anti-avoidance rules in relation to corporations referred to as substantive CCPCs; and
(s) extending the phase-out by three years, and expanding the eligible activities, in relation to the reduced tax rates for certain zero-emission technology manufacturers.
It also makes related and consequential amendments to the Excise Tax Act and the Excise Act, 2001 .
Part 2 enacts the Digital Services Tax Act and its regulations. That Act provides for the implementation of an annual tax of 3% on certain types of digital services revenue earned by businesses that meet certain revenue thresholds. It sets out rules for the purposes of establishing liability for the tax and also sets out applicable reporting and filing requirements. To promote compliance with its provisions, that Act includes modern administration and enforcement provisions generally aligned with those found in other taxation statutes. Finally, this Part also makes related and consequential amendments to other texts to ensure proper implementation of the tax and cohesive and efficient administration by the Canada Revenue Agency.
Part 3 implements certain Goods and Services Tax/Harmonized Sales Tax (GST/HST) measures by
(a) ensuring that an interest in a corporation that does not have its capital divided into shares is treated as a financial instrument for GST/HST purposes;
(b) ensuring that interest and dividend income from a closely related partnership is not included in the determination of whether a person is a de minimis financial institution for GST/HST purposes;
(c) ensuring that an election related to supplies made within a closely related group of persons that includes a financial institution may not be revoked on a retroactive basis without the permission of the Minister of National Revenue;
(d) making technical amendments to an election that allows electing members of a closely related group to treat certain supplies made between them as having been made for nil consideration;
(e) ensuring that certain supplies between the members of a closely related group are not inadvertently taxed under the imported taxable supply rules that apply to financial institutions;
(f) raising the income threshold for the requirement to file an information return by certain financial institutions;
(g) allowing up to seven years to assess the net tax adjustments owing by certain financial institutions in respect of the imported taxable supply rules;
(h) expanding the GST/HST exemption for services rendered to individuals by certain health care practitioners to include professional services rendered by psychotherapists and counselling therapists;
(i) providing relief in relation to the GST/HST treatment of payment card clearing services;
(j) allowing the joint venture election to be made in respect of the operation of a pipeline, rail terminal or truck terminal that is used for the transportation of oil, natural gas or related products;
(k) raising the input tax credit (ITC) documentation thresholds from $30 to $100 and from $150 to $500 and allowing billing agents to be treated as intermediaries for the purposes of the ITC information rules; and
(l) extending the 100% GST rebate in respect of new purpose-built rental housing to certain cooperative housing corporations.
It also implements an excise tax measure by creating a joint election mechanism to specify who is eligible to claim a rebate of excise tax for goods purchased by provinces for their own use.
Part 4 implements certain excise measures by
(a) allowing vaping product licensees to import packaged vaping products for stamping by the licensee and entry into the Canadian duty-paid market as of January 1, 2024;
(b) permitting all cannabis licensees to elect to remit excise duties on a quarterly rather than a monthly basis, starting from the quarter that began on April 1, 2023;
(c) amending the marking requirements for vaping products to ensure that the volume of the vaping substance is marked on the package;
(d) requiring that a person importing vaping products must be at least 18 years old; and
(e) introducing administrative penalties for certain infractions related to the vaping taxation framework.
Part 5 enacts and amends several Acts in order to implement various measures.
Subdivision A of Division 1 of Part 5 amends Subdivision A of Division 16 of Part 6 of the Budget Implementation Act, 2018, No. 1 to clarify the scope of certain non-financial activities in which federal ‚financial institutions may engage and to remove certain discrepancies between the English and French versions of that Act.
Subdivision B of Division 1 of Part 5 amends the Trust and Loan Companies Act , the Bank Act and the Insurance Companies Act to, among other things, permit federal financial institutions governed by those Acts to hold certain meetings by virtual means without having to obtain a court order and to permit voting during those meetings by virtual means.
Division 2 of Part 5 amends the Canada Labour Code to, among other things, provide a leave of absence of three days in the event of a pregnancy loss and modify certain provisions related to bereavement leave.
Division 3 of Part 5 enacts the Canada Water Agency Act . That Act establishes the Canada Water Agency, whose role is to assist the Minister of the Environment in exercising or performing that Minister’s powers, duties and functions in relation to fresh water. The Division also makes consequential amendments to other Acts.
Division 4 of Part 5 amends the Tobacco and Vaping Products Act to, among other things,
(a) authorize the making of regulations respecting fees or charges to be paid by tobacco and vaping product manufacturers for the purpose of recovering the costs incurred by His Majesty in right of Canada in relation to the carrying out of the purpose of that Act;
(b) provide for related administration and enforcement measures; and
(c) require information relating to the fees or charges to be made available to the public.
Division 5 of Part 5 amends the Canadian Payments Act to, among other things, provide that additional persons are entitled to be members of the Canadian Payments Association and clarify the composition of that Association’s Stakeholder Advisory Council.
Division 6 of Part 5 amends the Competition Act to, among other things,
(a) modernize the merger review regime, including by modifying certain notification rules, clarifying that Act’s application to labour markets, allowing the Competition Tribunal to consider the effect of changes in market share and the likelihood of coordination between competitors following a merger, extending the limitation period for mergers that were not the subject of a notification to the Commissioner of Competition and placing a temporary restraint on the completion of certain mergers until the Tribunal has disposed of any application for an interim order;
(b) improve the effectiveness of the provisions that address anti-competitive conduct, including by allowing the Commissioner to review the effects of past agreements and arrangements, ensuring that an order related to a refusal to deal may address a refusal to supply a means of diagnosis or repair and ensuring that representations of a product’s benefits for protecting or restoring the environment must be supported by adequate and proper tests and that representations of a business or business activity for protecting or restoring the environment must be supported by adequate and proper substantiation;
(c) strengthen the enforcement framework, including by creating new remedial orders, such as administrative monetary penalties, with respect to those collaborations that harm competition, by creating a civilly enforceable procedure to address non-compliance with certain provisions of that Act and by broadening the classes of persons who may bring private cases before the Tribunal and providing for the availability of monetary payments as a remedy in those cases; and
(d) provide for new procedures, such as the certification of agreements or arrangements related to protecting the environment and a remedial process for reprisal actions.
The Division also amends the Competition Tribunal Act to prevent the Competition Tribunal from awarding costs against His Majesty in right of Canada, except in specified circumstances.
Finally, the Division makes a consequential amendment to one other Act.
Division 7 of Part 5 amends the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act to exclude from their application prescribed public post-secondary educational institutions.
Subdivision A of Division 8 of Part 5 amends the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to, among other things,
(a) provide that, if a person or entity referred to in section 5 of that Act has reasonable grounds to suspect possible sanctions evasion, the relevant information is reported to the Financial Transactions and Reports Analysis Centre of Canada;
(b) add reporting requirements for persons and entities providing certain services in respect of private automatic banking machines;
(c) require declarations respecting money laundering, the financing of terrorist activities and sanctions evasion to be made in relation to the importation and exportation of goods; and
(d) authorize the Financial Transactions and Reports Analysis Centre of Canada to disclose designated information to the Department of the Environment and the Department of Fisheries and Oceans, subject to certain conditions.
It also amends the Budget Implementation Act, 2023, No. 1 in relation to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and makes consequential amendments to other Acts and a regulation.
Subdivision B of Division 8 of Part 5 amends the Criminal Code to, among other things,
(a) in certain circumstances, provide that a court may infer the knowledge or belief or recklessness required in relation to the offence of laundering proceeds of crime and specify that it is not necessary for the prosecutor to prove that the accused knew, believed they knew or was reckless as to the specific nature of the designated offence;
(b) remove, in the context of the special warrants and restraint order in relation to proceeds of crime, the requirement for the Attorney General to give an undertaking, as well as permit a judge to attach conditions to a special warrant for search and seizure of property that is proceeds of crime; and
(c) modify certain provisions relating to the production order for financial data to include elements specific to accounts associated with digital assets.
It also makes consequential amendments to the Seized Property Management Act and the Forfeited Property Sharing Regulations .
Division 9 of Part 5 retroactively amends section 42 of the Federal-Provincial Fiscal Arrangements Act to specify the payments about which information must be published on a Government of Canada website, as well as the information that must be published.
Division 10 of Part 5 amends the Public Sector Pension Investment Board Act to increase the number of directors in the Public Sector Pension Investment Board, as well as to provide for consultation with the portion of the National Joint Council of the Public Service of Canada that represents employees when certain candidates are included on the list for proposed appointment as directors.
Division 11 of Part 5 enacts the Department of Housing, Infrastructure and Communities Act , which establishes the Department of Housing, Infrastructure and Communities, confers on the Minister of Infrastructure and Communities various responsibilities relating to public infrastructure and confers on the Minister of Housing various responsibilities relating to housing and the reduction and prevention of homelessness. The Division also makes consequential amendments to other Acts and repeals the Canada Strategic Infrastructure Fund Act .
Division 12 of Part 5 amends the Employment Insurance Act to, among other things, create a benefit of 15 weeks for claimants who are carrying out responsibilities related to
(a) the placement with the claimant of one or more children for the purpose of adoption; or
(b) the arrival of one or more new-born children of the claimant into the claimant’s care, in the case where the person who will be giving or gave birth to the child or children is not, or is not intended to be, a parent of the child or children.
The Division also amends the Canada Labour Code to create a leave of absence of up to 16 weeks for an employee to carry out such responsibilities.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.

Votes

May 28, 2024 Passed 3rd reading and adoption of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 323 to 341)
May 28, 2024 Passed 3rd reading and adoption of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 320 to 322)
May 28, 2024 Passed 3rd reading and adoption of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 318 and 319)
May 28, 2024 Passed 3rd reading and adoption of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 273 to 277)
May 28, 2024 Passed 3rd reading and adoption of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 219 to 230)
May 28, 2024 Passed 3rd reading and adoption of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 145 to 167, 217 and 218 regarding measures related to vaping products, cannabis and tobacco)
May 28, 2024 Passed 3rd reading and adoption of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 197 to 208 and 342 to 365 regarding amendments to the Canada Labour Code)
May 28, 2024 Passed 3rd reading and adoption of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 137, 144 and 231 to 272 regarding measures related to affordability)
May 28, 2024 Passed 3rd reading and adoption of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 1 to 136, 138 to 143, 168 to 196, 209 to 216 and 278 to 317 regarding measures appearing in the 2023 budget)
May 28, 2024 Failed Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (recommittal to a committee)
May 21, 2024 Passed Concurrence at report stage of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023
May 21, 2024 Failed Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (report stage amendment)
May 9, 2024 Passed Time allocation for Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023
March 18, 2024 Passed 2nd reading of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 323 to 341.)
March 18, 2024 Passed 2nd reading of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 320 to 322; and)
March 18, 2024 Passed 2nd reading of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 318 and 319;)
March 18, 2024 Passed 2nd reading of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 273 to 277;)
March 18, 2024 Passed 2nd reading of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 219 to 230;)
March 18, 2024 Passed 2nd reading of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 145 to 167, 217 and 218 regarding measures related to vaping products, cannabis and tobacco;)
March 18, 2024 Passed 2nd reading of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 197 to 208 and 342 to 365 regarding amendments to the Canada Labour Code;)
March 18, 2024 Passed 2nd reading of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 137, 144 and 231 to 272 regarding measures related to affordability;)
March 18, 2024 Passed 2nd reading of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (Clauses 1 to 136, 138 to 143, 168 to 196, 209 to 216 and 278 to 317 regarding measures appearing in the 2023 budget;)
March 18, 2024 Failed 2nd reading of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023 (reasoned amendment)

Fall Economic Statement Implementation Act, 2023Government Orders

January 30th, 2024 / 11:25 a.m.
See context

Liberal

The Assistant Deputy Speaker (Mrs. Alexandra Mendès) Liberal Alexandra Mendes

The member has to speak through me. I did not vote against anything.

The hon. member for Calgary Forest Lawn.

Fall Economic Statement Implementation Act, 2023Government Orders

January 30th, 2024 / 11:25 a.m.
See context

Conservative

Jasraj Singh Hallan Conservative Calgary Forest Lawn, AB

Madam Speaker, first, we are going to cut the number of Liberal seats and replace them with Conservative seats so we will have a strong Conservative government. We are also going to cut waste, waste like the $35-billion Infrastructure Bank that has built zero projects. The government have padded the pockets of Liberal cronies and insiders with that.

We are going to cut things like the arrive scam app that cost $45 million, which went to, once again, Liberal insiders, and the $1-billion slush fund that is under investigation for the same reasons. We are going to cut the woke policies. We are going to axe the carbon tax to bring down the cost of gas, groceries and home heating. The $20 billion that has gone to Liberal consultants to cover up the cabinet's incompetence will be cut as well. That is just the beginning.

Fall Economic Statement Implementation Act, 2023Government Orders

January 30th, 2024 / 11:25 a.m.
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Bloc

Kristina Michaud Bloc Avignon—La Mitis—Matane—Matapédia, QC

Madam Speaker, my colleague talked a lot about the economy in his speech.

I think he will agree with me that small and medium-sized businesses are a key component of the Quebec and Canadian economies, and that they are extremely important. The pandemic has been hard on them. The government offered them a loan, which was coupled with a subsidy if they were able to repay the loan. It was called the Canada emergency business account, or CEBA. The repayment date was a few days ago, in early January.

I have been talking to entrepreneurs back home. Some of them are wondering whether they should close their businesses because they have not been able to reach a payment agreement with the government. The post-pandemic economic recovery we had hoped for has not materialized. In my mind, it is logical to think that the government would help these people, who contribute to the Canadian economy.

I would like to hear more from the member. Does he think this would have been a good measure for entrepreneurs, who are also facing the rising cost of living?

Fall Economic Statement Implementation Act, 2023Government Orders

January 30th, 2024 / 11:25 a.m.
See context

Conservative

Jasraj Singh Hallan Conservative Calgary Forest Lawn, AB

Madam Speaker, I agree with the member that the recovery after the pandemic was harder than what people thought. The Conservatives have been saying all along that when there are too many dollars chasing too few goods that is exactly why a lot of the businesses are suffering today, let alone everyday Canadians. The government continues to spend.

Let us remind everyone that 40% of the pandemic spending had nothing to do with the pandemic in the first place. Money went to organized crime through the government. Money went to people who literally were dead, to people who did not live in Canada and to public servants. The government is spending more and more money, yet it is not helping small businesses. It is raising their taxes. It slammed on a second carbon tax that applies without any rebate whatsoever. These types of things are stifling the economy.

Fall Economic Statement Implementation Act, 2023Government Orders

January 30th, 2024 / 11:25 a.m.
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NDP

Charlie Angus NDP Timmins—James Bay, ON

Madam Speaker, I am very concerned. We are into the second year of Putin's brutal attack on Ukraine. We see that Trump has undermined Ukraine. We see that the far right, and we know the Conservatives have been meeting with the far right in Europe, is undermining Ukraine.

I want to ask why that member, his leader, his defence critic and his foreign affairs critic stood up to vote against funding to support the people of Ukraine in their time of need. That sends a very message that the Conservatives are on the Putin troll machine.

Fall Economic Statement Implementation Act, 2023Government Orders

January 30th, 2024 / 11:30 a.m.
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Conservative

Jasraj Singh Hallan Conservative Calgary Forest Lawn, AB

Madam Speaker, what we voted against, what will continue to vote against and what we always have voted against is a punitive carbon tax that the NDP-Liberal government is more than happy to put on Canadians. It is so ideologically obsessed with the carbon tax and ensuring people pay more for carbon that it wants to do that to the war-torn country of Ukraine. It does not want to help anybody. The fact that those parties have helped to try to cripple our energy sector is only empowering Putin to use the money from his energy sector to fund his war. Shame on them.

Fall Economic Statement Implementation Act, 2023Government Orders

January 30th, 2024 / 11:30 a.m.
See context

Conservative

Scot Davidson Conservative York—Simcoe, ON

Madam Speaker, when I look at the economic situation impacting Canadians right across the country, I cannot help but wonder this. Had the Prime Minister never entered politics, and had a more regular upbringing typical of most Canadians, he would very likely be cutting it on a drama teacher's salary. If he were, could he afford to live under the very same policies and economic conditions he is imposing on Canadians today?

Under these circumstances, I cannot help but wonder how the Prime Minister, if he were not the Prime Minister, could stretch his budget to cover feeding his family, clothing, mortgage payments, car expenses, cellphone bills and all the other obligations facing ordinary, but truly extraordinary, Canadians.

However, we know that the actual circumstances of the Prime Minister are far different than those facing most people across the country. He does not know what it is like to struggle to put food on the table or gas in the car, but Canadians are doing this, all the while going about their daily lives.

Increasingly, more Canadians are paying attention to what is taking place in Ottawa and what the government is doing, because they must. They can no longer go about their lives without being directly confronted and negatively affected by the actions and failures of the Liberal government. This is because everything is broken in Canada under the Prime Minister.

There has been a record two million food bank visits in a single month. Housing costs have doubled. Mortgages payments are 150% higher than they were before the Liberals formed government. Canada has been warned that it is the most at-risk country in the G7 for a mortgage default crisis. Violent crime is up 39%. Tent encampments can be found in most major cities. Over 50% of Canadians are $200 or less away from going broke. Average household debt makes up 100% of the income of Canadians. Business insolvencies have increased by 37% this year. Despite our growth in population, there are fewer entrepreneurs and fewer new businesses than ever.

This is the day-to-day reality facing Canadians because of the generational high inflation and the fastest rise in interest rates in Canadian monetary history, an issue the Prime Minister says, if members recall, he does not think about. However, regular people do. Every single person living in our country has been impacted by rising costs; homelessness amid an unaffordable home ownership and rental market; not to mention rampant crime; and a destabilized society where basic government services, travel, medical care and so much more have become inaccessible, unreliable or non-existent.

Canadians know that the Liberal government has caused this misery with the rampant overspending, a record $600 billion of inflationary debt and countless tax hikes that increase the price of the goods we buy and drives up the interest we pay.

Now, when Canadians are looking to the federal government and the Prime Minister responsible for everything being broken to see what is being done to tackle these issues, they see this, the 2023 Liberal fall economic statement. Talk about a day late and a dollar short.

The government did not implement any of the common-sense proposals the Conservatives called for to address the problem facing our country's citizens. Instead, the Liberals are forcing $20 billion of new spending on Canadians that will further drive up taxes, inflation and interest rates.

Never before has a federal government spent so much with so little to show for it. Now Canadians are paying the price. In fact, the Liberal policies in the economic statement only make the problems piling up in our country so much worse.

The Liberals are now spending more on interest on the debt than they are on health care. Let us think about that. It is no wonder York—Simcoe still does not have a hospital. When justifying the failure of the economic statement, the Deputy Prime Minister said, “Canada is not and never has been broken.” Can people believe that?

Canadians are paying attention and they are being told by the Deputy Prime Minister, who is tasked with tackling these issues, that actually there are not any. She says everything is fine and Canadians have never had it so good. We should not be surprised. This is the same Deputy Prime Minister who spends thousands on limos while bragging she does not need to own a car. She can just walk out the door and get on a subway.

This is the same finance minister who is holding back the rural top-up fund from the carbon tax from the first nations in my riding of York—Simcoe, forcing them to pay more in carbon taxes simply because of where they live. That is dividing based on geography. She will pretend that a AAA credit rating matters, as if that will fill the stomachs of Canadians lined up at food banks. It does not matter to her that this rating is only maintained on the backs of Canadians through higher taxes and interest rates.

She will also brag that Canada supposedly has the lowest debt and deficit in the G7, but she ignores the fact that when we account for general government debt, federal, provincial and territorial, Canada has the 10th highest debt-to-GDP burden in the OECD. With this economic statement, the Liberals would have people believe that, because the federal debt is only 42% of our GDP, it is all good. However, the truth is the government debt is 113% of our GDP when we account for all of it.

The Liberals’ refusal to admit that Canada is broken, that people in this country are suffering and that a change of course is necessary, proves to Canadians without a shadow of a doubt that the government is out of touch and incapable of responding to the crises it has made. There are crises. Let us look at the headlines from the past few months: “Canada's worst fiscal crisis in generations is brewing”, “Federal efforts to solve Canada’s housing crisis” are failing and “Surgery backlogs...no family doctor: ...Canada's health-care crisis”. There are so many more covering affordability, opioids, foreign interference, food insecurity and mental health. There is crisis after crisis after crisis.

After eight years, Canadians have never been more unhappy, more uncomfortable and more unsafe. This economic statement proves that the biggest crisis facing this country, and the root of all others, is a crisis of leadership. The approach of the Prime Minister and his NDP-Liberal government is not working. Prices are up, rent is up, debt is up and taxes are up. Time is up. Canada is broken and the only people who will not admit that are the very same people who caused it: the tired, corrupt and out-of-touch Liberal government.

There is a better way. Conservatives will axe the tax, balance the budget to bring down inflation and interest rates to bring home lower prices for Canadians in a Canada no longer defined by crisis. We can only speculate what could have been if the Prime Minister was never Prime Minister. I am confident that we will not need to wait much longer before the Prime Minister is not the Prime Minister anymore. With the many issues facing our country, and the repeated failures by the government to address them, what will his legacy be?

It is increasingly looking like he will forever be remembered as the Prime Minister who broke Canada. Instead of our out-of-touch policies, we need a vision for the country and a prime minister who believes in Canadians the way Canadians believe in their country. The Leader of the Opposition will be that prime minister, and Conservatives will axe the tax and fix the budget.

Fall Economic Statement Implementation Act, 2023Government Orders

January 30th, 2024 / 11:40 a.m.
See context

Winnipeg North Manitoba

Liberal

Kevin Lamoureux LiberalParliamentary Secretary to the Leader of the Government in the House of Commons

Madam Speaker, the member puts out the bumper sticker of “broken Canada”, and nothing could be further from the truth. If that was anywhere near the truth, one would have to say that we have a broken world.

When we look at how Canada has performed in comparison to others in the G20, such as the United States, England, France or Germany, Canada comes out quite well, whether it is the creation of jobs, interest rates, inflation or on the issue of affordability, and it continues on.

Maybe the member could step away from the Conservative spin and take a dip into reality. Can the member at least acknowledge one fact, that investment from abroad coming into Canada on a per capita, dollar amount is the best in the world? Would the member not acknowledge that that is a good thing?

Fall Economic Statement Implementation Act, 2023Government Orders

January 30th, 2024 / 11:40 a.m.
See context

Conservative

Scot Davidson Conservative York—Simcoe, ON

Madam Speaker, we see that the hon. member for Winnipeg North is obviously not out in his riding talking to Canadians.

The people of York—Simcoe are on the outside looking in. I know the member for Winnipeg North quite well. We have talked about the Lake Simcoe clean-up fund for example. The Liberal government is all promises and all press releases. Since 2019, the government has promised the Lake Simcoe clean-up fund. We are in 2024 now, and there has been zero on it. That does not surprise me.

Fall Economic Statement Implementation Act, 2023Government Orders

January 30th, 2024 / 11:40 a.m.
See context

Bloc

Alexis Brunelle-Duceppe Bloc Lac-Saint-Jean, QC

Madam Speaker, every Conservative MP is claiming that their party will be forming the next government. Sooner or later, they are going to have to take a position and offer up some clear proposals.

Considering all the shouting back and forth lately, the Bloc Québécois is pretty much only the adult in the room. We therefore intend to keep our feet on the ground.

The Government of Quebec is asking the Liberal government for $470 million to pay the costs associated with taking in asylum seekers. The Government of Quebec requested this $470 million quite a while ago now. No one on the Conservative side has told me what they would do in the Liberals' place.

If Conservative MPs are a government-in-waiting, they should have an opinion on the matter. What is it? Would they give the Government of Quebec $470 million to cover this cost?

I want to know what they would do, because, so far, they have not put any proposals on the table. All they do is engage in partisan attacks.

Fall Economic Statement Implementation Act, 2023Government Orders

January 30th, 2024 / 11:40 a.m.
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Conservative

Scot Davidson Conservative York—Simcoe, ON

Madam Speaker, I have to take this opportunity to talk about what I would do. I have to stand up for my riding.

We know the carbon tax disproportionately affects rural Canadians. We do not even get the rural top-up now in York—Simcoe. We cannot even see the CN Tower. If we google the distance from the Chippewas of Georgina Island to the Finch subway station, it would take 14 hours to walk there, and yet we are not entitled to the rural top-up.

We see the Liberal government dividing, based on geography. It has rolled back the CMA data for other ridings in Atlantic Canada but not for York—Simcoe. The Chippewas of Georgina Island First Nation is an island. Let us think about this, any time the federal government has any interaction with them, they are classified—

Fall Economic Statement Implementation Act, 2023Government Orders

January 30th, 2024 / 11:45 a.m.
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Liberal

The Assistant Deputy Speaker (Mrs. Alexandra Mendès) Liberal Alexandra Mendes

There is another question.

Fall Economic Statement Implementation Act, 2023Government Orders

January 30th, 2024 / 11:45 a.m.
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NDP

Bonita Zarrillo NDP Port Moody—Coquitlam, BC

Madam Speaker, it is almost 12 noon; it is 11:45 a.m. I have been here since we started sitting this morning at 10 a.m., and the Conservatives have been playing games all day today, trying to delay this important work to get support to people.

I am thinking specifically about the Canada disability benefit and all of those people who are waiting for that money to come to them. Too many seniors are being ejected from their homes right now. There are encampments and people living in tents. The Conservatives have nothing to offer other than complaining about the fact that they are offended about something and asking the Speaker if they can get apologies. I am over it.

We need to get the Canada disability benefit to people now. Why are the Conservatives continuing to play games with people's lives?

Fall Economic Statement Implementation Act, 2023Government Orders

January 30th, 2024 / 11:45 a.m.
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Conservative

Scot Davidson Conservative York—Simcoe, ON

Madam Speaker, the member alludes to the urgency and the crisis, which I spoke about in my speech; crisis after crisis after crisis. This government has done nothing. There is an old saying: One can only hold a beach ball under water for so long. We have seen that thing come shooting out now, and this is what Canadians are facing.

Fall Economic Statement Implementation Act, 2023Government Orders

January 30th, 2024 / 11:45 a.m.
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Liberal

David Lametti Liberal LaSalle—Émard—Verdun, QC

Madam Speaker, today, I am stepping down. This is my last speech in the House. I would like to begin by thanking the voters in LaSalle—Émard—Verdun for entrusting me, three times, with the responsibility of representing them in the House.

I am also leaving my academic home, the Faculty of Law at McGill University. Leaving both institutions makes this a very emotional day for me.

Serving as a member, as parliamentary secretary and as Minister of Justice was the pinnacle of my professional career and I loved every minute of it.

That is what I want to talk about with friends today in this place. It is a series of moments that are indelibly etched in my brain and my heart, ranging from laughter to tears and everything in between, from Vancouver to St. John's, from Inuvik to Iqaluit to Nain and around the world in Europe, Asia and South America.

I would like to begin in my riding, LaSalle—Émard—Verdun, with Les Bons Débarras bookstore, where I buy my vinyls, on Wellington street.

Then to St. John's where twice I have managed to get to Fred's Records and fill my bags with many good vinyls, which I would then spin in my office. Everybody knows that Justice 306, as Brian Tobin and Anne McLellan have told us, is the best office on the Hill.

At impromptu gatherings with my team, many of whom are here, such as when we passed the MMP's bill, we would spin some vinyl, have some fun and honour and thank each other for the work that we had done to make those moments special.

There are many humorous moments. I sat for two years as the benchmate to Rodger Cuzner, who is now in the other place, including two Christmas speeches. I will not attribute my sense of humour to Cuzner, because his is quite unique, but it was certainly a wonderful experience.

As a member, I learned rather quickly to remove my earpiece when the member for Rosemont—La Petite‑Patrie had the floor.

I will not forget the first Press Gallery dinner sitting at a table with Rona Ambrose and hearing her speech, and those who were there would remember it well; or driving through Rome with our ambassador and watched the havoc being wreaked by the police escort that we had, I do not have hair but I would not have had after that anyway, and then later that evening going to V.I.P. Pizza, not the finest culinary experience in Rome, but still a good one; or throwing my suitcase in the back of a rented Ford F-150 when we were travelling in north.

There were serious moments too, such as the swearing in at Rideau Hall as a cabinet minister and the swearing in as an MP on three occasions. There was signing a proclamation at Rideau Hall proclaiming Charles the King of Canada, a one-time experience.

I listened to the stories of Italian Canadian families whose grandfathers or great-grandfathers were interned during World War II, realizing that I was the minister of justice and that a previous minister of justice had signed the decree to intern those people. There was working with my Italian Canadian colleagues in the House to get that apology done and attending the memorial unveiling in the riding of the former Speaker in North Bay with the indefatigable Joyce Pillarella.

I met David Milgaard in my office with James Lockyer and promised him that we would create an independent commission to review wrongful convictions. David Milgaard signed my album by the Tragically Hip, Fully Completely, which contains the song Wheat Kings that they wrote about him. Also, his sister Susan was present to announce the tabling of Bill C-40, and I will not be smiling fully until that bill receives royal assent.

This summer, at the G7 in Japan, I realized I was the senior justice minister around the table. I had my first conversation with Attorney General Merrick Garland of the United States. We had finished our agenda, and I had a chance to ask him whether the HBO series on the Unabomber was accurate. Attorney General Garland's voice lit up as he went on for 10 minutes about the accuracy and inaccuracy of the portrayal of the Unabomber case, but his view was generally favourable, and he said it was an important moment in his career.

When I was parliamentary secretary to the Minister of International Trade, I went to Namur, in Wallonia, to sell the Canada-Europe free trade agreement.

I was prepared to be the bad cop, as they say. It was fun. The minister was able to arrive a few weeks later to reach an agreement. In the same vein, I was the bad cop with Boeing at the Farnborough International Airshow in England. That was during the time when we had disputes with Boeing. There too, other ministers showed up afterward to make peace.

I had many wonderful moments on the hockey rink. This is Canada, after all, and I still try to lace up my skates, notwithstanding my advanced age. I had a wonderful moment in Gananoque, when a number of us in this House were celebrating the life and memory of our former colleague, the late Gord Brown. I will not forget that, because it was a wonderful non-partisan moment, and I was proud to be part of it.

I took part in a Métis-ITK hockey game, in which my defence partner was 45 years younger than me and one of the best players on the ice. She was fantastic. Another game was our first game in the Ottawa Senators arena against the Conservative Party, when the Liberals got their backsides kicked. There was a game on the ice rink on the Hill for the 150th anniversary celebration against a group of very young and impressive Mohawks from Kahnawake. The result was never in doubt. The only thing I would say that ties those last number of games together was the near complete incompetence of our goaltender, the current Minister of Immigration.

I exchanged puns on Jeopardy and Jeopardy metaphors with Chief Justice Ritu Khullar of Alberta, as well as a previous chief justice, Justice Mary Moreau of Alberta, in our speeches in Edmonton at Chief Justice Khullar's swearing in.

I have a number of memories of walking, such as with the member for Prince Albert and talking about trade, but talking more about our families. I walked with Alex Steinhouse in Yellowknife on a hike. It was absolutely stunning. I walked with Aluki Kotierk and Natan Obed in the hills above Nain. I walked to the Hill every morning from my Ottawa apartment.

I walked across the floor when I first became minister of justice to tell the member for St. Albert—Edmonton that I was going to support his private member's bill on supporting juries. I was proud of that moment, and I still am.

I am proud of some historic moments in this House. For example, we voted unanimously on a bill to outlaw conversion therapy. I will be forever grateful not only to the members of my caucus but also to the member for Esquimalt—Saanich—Sooke, as well as the member for Calgary Nose Hill, the member for Parry Sound—Muskoka and Erin O'Toole for the work they did to make that unanimous vote a reality. We saved lives that day.

I remember when the then minister of public safety, the member for Eglinton—Lawrence, and I sat down with provincial and territorial ministers of justice and public safety ministers to get to a unanimous agreement on bail reform. Not only did we commit to agree on our federal legislation, which is now law, but the provinces also committed to work at their end to make the bail system work better.

There were moments with Black community leadership across Canada on the Black justice strategy. In particular, in Nova Scotia, there was a very real pride in the room from that community because of their leadership on creating the movement toward pre-sentencing reports.

There were many moments with indigenous leaders across Canada, many of whom I now count as close friends. A moment in Williams Lake, at the site of a former residential school, is not something I will ever forget. There, I went into a barn where a number of the children would go, back in the day, and carve their names in the wood.

On the positive side, there is the pride of the Tŝilhqot'in leadership in having established their indigenous title; they used the courts and succeeded. I would meet them annually here in Ottawa and in their offices in the B.C. interior, and I saw the pride.

In Iqaluit, as a guest of President Obed of ITK, I was in the room when Pope Francis heard the stories of sexual abuse directly from survivors or the children of survivors. I saw the reaction of the pope and also, in particular, the reaction of the archbishop who was translating. At a certain point, the pope put his hand on the translator's shoulder because of the difficulty he was having in relaying the words.

There were other momentous moments, such as the House rising for what we thought would be two weeks at the beginning of the pandemic, all the urgent committee work we did during the pandemic, and the occupation and the understanding of the gravity of the Emergencies Act.

These were balanced by lighter moments, such as trying to buy a white suit online so I could represent Canada at the swearing-in of the president of the Dominican Republic. I had to buy two suits and then keep the one that fit. I got on a plane to the Dominican Republic and sat down beside Moises Alou; we talked baseball the whole way down. Another time, I bicycled along the Lachine Canal; I saw the work that we had done as a government on rebuilding the walls of that canal and knew that they were going to be there for my children and my grandchildren. In another moment, I was stopped on Wellington by an older gentleman.

He said to me, “Mr. Lametti, I often see you at Verdun Beach.”

Verdun Beach, in the middle of Wellington Street, is my favourite restaurant with an oyster bar. I had just been outed.

I think of places like Aj's, Shooters, Riccia, Station W, and now Monk Café; of the conversations with my constituents, particularly on Saturday mornings, when I go buy my bread and sandwiches at Bossa; of the statue of Saint Anthony and the time I stood next to it, during the saint's feast day in Ville-Émard with the Italian community.

These are times of a life, and I will cherish them. I thank those people who were involved in making those moments a reality, many of whom are in this room and in the gallery.

I want to underscore that UNDRIP is the future. It will allow us to reset our relationship with indigenous peoples. It is a true road map, a co-developed road map, to reconciliation.

It is a singular moment. Indigenous leaders want to participate in nation building. I have heard this time and time again, that they want to be part of this project Canada and they want their children to have the same opportunities as other non-indigenous kids have had, as I have had.

I am the son of Italian immigrants, who came to this country with no formal education. Because they chose to come to this country, I got to have an outstanding education at Canadian universities and at international universities. Because they made this decision, I got to be a professor at an outstanding law faculty in Canada. I could run to be a member of Parliament and even aspire to be minister of justice.

Indigenous peoples want a share in that dream. UNDRIP is a way for us to make it happen together.

We are many nations in this country. That is a source of strength and understanding as we move forward in the future. This recognition allows us to work on what unites us and to develop and protect languages and culture. This is true for indigenous peoples, as well as for Quebec.

We need to work together. We all understand that protecting and nurturing the French language and culture in North America is very important. We need to work together to ensure they live on and flourish in the future.

That means we need to stop scapegoating the English community in Quebec. People in this community are very bilingual and committed to Quebec; in many cases, they have been there for 300 years.

I have to say that the Charter is not optional, and the preventive use of the Charter suggests that the Charter is optional.

At some point, with everything we have said, we need to understand that constitutional change will be necessary, and we need to prepare for that. We need to be able to disagree with respect, and recent weeks have underscored that. I tried to be only as partisan as I had to be and only as partisan as necessary; I tried not to get personal. I did not always succeed, but I did my best. I think we all need to do our best, especially on social media and in this world where we are moving toward artificial intelligence.

Artificial intelligence does not exempt us from being human. Our human intellect, our emotions and our empathy will become even more important as AI supplements the more routine forms of intelligence. We cannot let it replace those other human qualities. Our survival as a country and as a species depends on nothing less.

It remains to thank people. I want to thank the Prime Minister for naming me parliamentary secretary and minister of justice.

I thank my colleagues here in the House and, especially, my critics, the members for Fundy Royal, Esquimalt—Saanich—Sooke, Rivière-du-Nord, and, for medical assistance in dying, the member for Montcalm.

My chiefs of staff, Rachel Doran and Alex Steinhouse, have been fantastic, and my political teams have been outstanding. None of what we achieved could have been done without them, and I thank them.

I thank my constituency teams for their dedication, hard work and service, oftentimes when I was not around much as a minister. In particular, I want to thank Nicole Picher, who has been with me for eight years.

I want to thank other elected officials in my riding at all political levels, and of all political parties, with whom I worked. I want to thank my political association, my volunteers and my donors, who helped me get elected.

My friends kept me grounded. Here in Ottawa, Mélanie Vadeboncoeur and the La Roma gang made sure I stayed humble. I thank my many friends in this place, such as the member for Eglinton—Lawrence, the current Minister of Immigration, the member for Thunder Bay—Superior North, the member for Oakville, Catherine McKenna and everybody else who has come through this place and with whom I hope to stay friends.

I thank my friends at McGill and the McGill deans for their support. I thank my ex-wife, Geneviève Saumier, who began this journey with me and with whom I share three wonderful kids; she continues to give me good advice. I thank my children. Perhaps the years away have been hardest on them.

I want to tell André, Gabrielle and Dominique that I love them. I thank them for their patience and devotion to their father.

Last, I have two points: First, kindness is not overrated, especially in a world of AI. We could all stand to be kinder, and we would all be better for it.

Second, this place is not overrated. The Right Hon. Paul Martin has said that you can get more done in five minutes in this place than you can in five years anywhere else. Paul has been a mentor to me. I am a successor in his riding, and he is a friend.

I would like us to prove him right every day.