Bill C-59 (Historical)

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

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.

Fall Economic Statement Implementation Act, 2023

[Taylor Bachrach, NDP, Skeena—Bulkley Valley, BC]

Madam Speaker, my colleague mentioned government gatekeepers as being the problem behind the housing crisis, and he promised transit-hub-oriented development. In the region I represent, there are no transit hubs. I also do not think one could characterize the village council of the Village of Telkwa, the town council of the Town of Smithers or the city council of the City of Terrace as being gatekeepers. These folks can approve housing development in a matter of days or weeks.

The challenge in these communities is infrastructure. Does the member support investing in key municipal infrastructure, as the Federation of Canadian Municipalities has called for, and as the City of Prince Rupert has called for, where his leader just was? Does the member commit to investing the tens of millions of dollars required to ensure that our communities can deliver a quality of life for their residents?

[Marty Morantz, Conservative, Charleswood—St. James—Assiniboia—Headingley, MB]

Madam Speaker, the member knows well that municipalities set their own infrastructure priorities and decide which infrastructure needs to be built. All we are saying is that, through the build homes not bureaucracy act, we would reward cities that build more infrastructure to get more homes built. That is really what the program is all about. Ottawa is not in the business of telling municipalities where to build their infrastructure, but we do have financial tools at our disposal to incentivize municipalities to get more homes built, and that is what we will do.

[Mark Gerretsen, Liberal, Kingston and the Islands, ON]

Madam Speaker, I find it interesting that the member just said that Ottawa is not in the business of telling municipalities what to do, when the leader of the Conservative Party just recently called two municipal leaders incompetent: the mayor of Montreal and one other. I wonder if the member has had the opportunity to talk to his leader about how inappropriate those comments were.

[Marty Morantz, Conservative, Charleswood—St. James—Assiniboia—Headingley, MB]

Madam Speaker, to the first part of the member's question, what I said is that the federal government is not in the business of telling municipalities what infrastructure they should build. We are in a position, though, to incentivize municipalities through financial contributions to build more homes. That was the point I was making.

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

Madam Speaker, Bill C‑59 mentions the creation of a federal department of municipal affairs, to be known as the department of housing, infrastructure and communities. This could open the door to more interference, more disputes and more delays, despite the urgency of the housing crisis.

My colleague also talked about removing the bureaucracy. What are his thoughts on the creation of a federal department of municipal affairs?

[Marty Morantz, Conservative, Charleswood—St. James—Assiniboia—Headingley, MB]

Madam Speaker, it is important we distinguish between levels of government and their jurisdictions. Municipalities are best positioned to decide what infrastructure to build and where it should be built. I spent time on a municipal council myself, and I certainly respect the hard and important work that they do.

We do have a housing crisis in this country. CMHC says we need to build well over five million houses by 2030, and the government's own housing program has only built 106,000 homes, so whatever it is doing is not working. We need to respect municipalities but provide the financial tools municipalities need to get more homes built.

[Mike Morrice, Green, Kitchener Centre, ON]

Madam Speaker, the member for Charleswood—St. James—Assiniboia—Headingley talked about the need to focus on affordability, but I did not hear him talk at all about the increased corporate profits that are leading the rising inflation we are seeing. One of those examples is the oil and gas industry. In fact, 18¢ of every dollar at the pump that folks are seeing increases on are going directly toward increased profits of the oil and gas industry, leading to $36 billion for the top five companies in 2022 alone.

Does the member support, at the very least, a windfall profit tax on even just 15% of the profits above a billion so we can invest in affordability measures across the country?

[Marty Morantz, Conservative, Charleswood—St. James—Assiniboia—Headingley, MB]

Madam Speaker, frankly, I am just tired of socialist members of the House wanting to penalize success in our society. Of course we would not support something like that. We want private enterprises to be successful so they can employ more people, provide good-paying jobs and make sure we have more powerful paycheques in society. More than that, and I have said this before in the House, I find it astounding how some members think that increasing taxes on Canadians will make life more affordable for Canadians. It simply will not.

[The Assistant Deputy Speaker, Carol Hughes]

Order.

It is my duty pursuant to Standing Order 38 to inform the House that the questions to be raised tonight at the time of adjournment are as follows: the hon. member for Cypress Hills—Grasslands, Natural Resources; the hon. member for Kitchener Centre, Persons with Disabilities; the hon. member for Battle River—Crowfoot, Public Services and Procurement.

[Anna Roberts, Conservative, King—Vaughan, ON]

Madam Speaker, it is always a pleasure to rise in the House on behalf of Canadians. Today, I rise to speak to what I call the “false promise statement” implementation act. Everything is looking up. Prices are up. Rent is up. Debt is up. Taxes are up, and time is up.

When the Prime Minister took office, he inherited a rich legacy. Interest and inflation rates were at record lows. The budget was balanced. Taxes were falling at a record pace, and it took 25 years to pay off a mortgage, not to save up for one.

Our next prime minister, the leader of the official opposition, would not be as fortunate. Today, interest rates are at an all-time high. Inflation is out of control. Taxes are up, and a new measure announced in this false promise statement is a 90-year mortgage. I will let that sink in for a moment: a 90-year mortgage. I have never heard of such a thing.

The Prime Minister has added more debt than that of all our previous prime ministers, combined. Canada’s growth for the next four decades is projected to be the worst of the developed countries. The finance minister told Canadians that the budget would be balanced by the year 2028. Canadians have found that to be an interesting statement, considering her boss believes the budget will balance itself. However, since she made that statement, she has announced another $100 billion of additional debt. This year, the Prime Minister will spend more taxpayer dollars servicing the debt than he will funding our health care.

This mini-budget would do nothing to help Canadians who are struggling to put food on the table. Under the NDP-Liberal government, we are witnessing millions of food bank visits in a single month. According to Food Banks Canada hunger in Canada statistics, seniors are the fastest-growing group of food bank users. The government should be ashamed. Across the country, food bank visits have increased 78% since 2019.

Trevor Moss, the CEO of the Central Okanagan Food Bank, is projecting a 100% increase in the next three to four months. During the last break, I had the opportunity to visit the Sai Dham Food Bank. Co-founders Vishal and Subhra educated me on the crises Canadians are facing. I was shocked to find out that, in one month, the food bank served 3.17 million meals and delivered groceries to 3,000 seniors in the GTA.

Seventy-two-year-old Linda Godin lives on a fixed income in Edmonton and is among those who have had to turn to food banks due to the rising cost of living. She told CBC news that, despite her best budgeting efforts, it is hard to make ends meet. The skyrocketing cost of food and housing is due to the high interest rates, which have been caused by the reckless overspending of the Prime Minister.

The finance minister suggested that cancelling one's Disney+ subscription would fix the issue. She is on the right track, but it is not Disney+ that needs to be cancelled. It is the carbon tax. Since the NDP-Liberal government refuses to do that, it is time it was cancelled.

Let us take a look at the impacts of the carbon tax. Farmers who grow the food are taxed. What is the result? The cost goes up. Truckers that ship the food are taxed. What is the result? The cost goes up. What would be a common-sense way to bring relief? It would be to axe the tax.

I scoured the entire document and found it to be very useful as a paperweight. The Liberal-NDP government has nothing in this budget to help seniors. Its members talk a good talk; they have referenced OAS and GIS, but they have proposed nothing. They have simply reannounced current policies under the Prime Minister. Seniors are worse off than they were eight years ago. If the Liberals continue this trend, things are only going to get worse. There are seniors who are on the brink of homelessness and forced to live in their vehicles or other unsafe places. Working moms cannot afford to feed their families. The NDP-Liberal government is playing politics with their lives while Liberal insiders get rich.

After years of careful financial planning, Maria, a senior in Vaughan, retired. She thought she had the funds to support herself, but after eight years, the Liberal-NDP government has forced her to go back to work. Eight years ago, if someone told me something like this would happen, I probably would have laughed. Today, this is the reality of far too many Canadians, and no one is laughing.

As we witness the misery that the Prime Minister has created, I cannot believe how far we have fallen as a nation. This country deserves better. Sunny ways are not quite so sunny anymore unless, of course, one is the Prime Minister and takes an $84,000 family vacation to Jamaica.

Do the Liberals even listen to what Canadians are telling them? It appeared for a hot second that the member for Avalon heard the voices of Canadians; he told a Radio-Canada reporter that he believed the Liberal Party was in desperate need of a leadership review.

Canadians need financial relief, not billions in more spending, which will only result in more taxes. Instead of listening to common-sense Conservatives, the Prime Minister decided to fund half measures, which will do nothing to resolve the problems that everyday Canadians face.

Under the Liberal-NDP government, housing costs have doubled. Toronto has been rated the worst housing bubble in the world. Canadian homes now cost 50% more compared with homes in the United States. One can buy a 20-bedroom castle in Scotland for less than a two-bedroom home in Kitchener.

Before someone across the aisle jumps up to sing the praise of the $4-billion housing initiative, let us take a look at that program. It is, in its very design, set up to favour projects in Liberal ridings, and the numbers prove it. It has recently been reported that the funds were disproportionately allocated. Let us look at the numbers. Thirty-four per cent of the country is represented by Conservative members of Parliament, but those areas received only 15% of the funding. However, the areas represented by Liberal MPs received 49% of the funding. I guess this just proves the point made by the member for Long Range Mountains that if one wants special treatment, one needs to vote for a Liberal MP.

This document is nothing more than a last-ditch attempt for the finance minister to drum up support. However, 48% of Canadians are within $200 of financial insolvency, and the government expects Canadians to trust it with their tax dollars. Canadians cannot afford any more of the Liberal-NDP government. It is time for my colleagues across the floor to reflect on the approach they have taken and on the misery they have unleashed on this country.

However, there is some good news. Conservatives have a common-sense plan, and we will axe the tax to bring home lower house prices, cut wasteful spending to bring down inflation and interest rates, and remove the bureaucracy to build more homes so people can afford to rent and pay their mortgages again. Under a Conservative government, Canada will once again become a country that rewards hard work rather than penalizing a strong work ethic, a country where Canadians are motivated to work hard. The Conservative Party understands that, as elected officials, we are servants, not masters. We are united under our common home. For members' home, my home and our home, let us bring it home.

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

Madam Speaker, I thank my colleague in this House, my neighbour in the city of Vaughan, which we both get to represent, along with another member. We have the most entrepreneurial and most generous residents in the city that we live in.

The hon. member is the shadow minister for seniors. Our government is putting in place a Canadian dental program that, right now, is enrolling millions of seniors in the hon. member's riding of King—Vaughan, in my riding of Vaughan—Woodbridge and in all 338 ridings. This will literally benefit millions of seniors. We are going to reduce costs for them. We are going to provide them oral care and dental care, which we know is part of health care. It is a transformational measure that all members of this House should support.

Is my hon. friend and colleague across the way going to vote for the Canadian dental care program for seniors in King—Vaughan, yes or no?

[Anna Roberts, Conservative, King—Vaughan, ON]

Madam Speaker, the Liberal government cannot even deliver benefits to government employees, and now it is asking Canadians to trust it to deliver benefits to everyone else in Canada.

Many Canadians are worried that they are going to lose coverage. How can we trust this wasteful government to ensure that it is going to have a plan that will not encroach on the current system?

[Andréanne Larouche, Bloc, Shefford, QC]

Madam Speaker, the member and I are both on the Standing Committee on the Status of Women, so we work together on issues relating to the status of women.

Another file that interests both of us is seniors. She is her party's critic for seniors. We have had a number of very interesting conversations. I completely agree with what she said on the subject. This economic update lacks measures for seniors. There is nothing in it for them. The Bloc Québécois has long been asking the government to do something for seniors. That is one of the Bloc's priorities, and it is one of the things we have asked for in economic updates and budgets. Seniors have been getting poorer and poorer for too long.

Next week, the Standing Committee on Human Resources, Skills and Social Development and the Status of Persons with Disabilities will begin its study of Bill C‑319.

Will the Conservative Party actually do what seniors are asking them to do, seniors like the ones from Saguenay and Chicoutimi that I met with just last week? They want the House to pass Bill C‑319 to make things fairer for seniors. They do not want seniors to be divided into two classes, those under 75 and those 75 and over.

[Anna Roberts, Conservative, King—Vaughan, ON]

Madam Speaker, I have a lot of respect for my colleague. I agree with her that we have to do more for seniors.

One way we could help seniors ensure that they enjoy their retirement is by cutting expenses, one of which is the carbon tax. Recently, the Fraser Institute released its latest investigative report, which proves what Conservatives have been saying since the beginning: The Prime Minister's “Net Zero 2050 Plan Will Impose at Least $45 Billion in Costs with Almost No Environmental Benefits”.

If we could reduce that cost, we could ensure that seniors have more money to support themselves. I just posted a bill from one of my seniors, who showed me that he pays more in taxes than the fuel that he receives. We need to cut expenses and leave more money in seniors' pockets.

[Leah Gazan, NDP, Winnipeg Centre, MB]

Madam Speaker, I have such a good time working with the member on committee.

What I have heard from the Conservative leader is that he plans to cut the CPP. That would place seniors in greater poverty. My question is in regard to a guaranteed livable basic income, particularly for women. We know a lot of women work their whole lives in unpaid care work, and they are now becoming seniors living in destitute poverty. We know GIS rates are not keeping up.

Would my hon. colleague support a guaranteed livable income for seniors?