Budget Implementation Act, 2024, No. 1

An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024

Sponsor

Status

This bill has received Royal Assent and is, or will soon become, law.

Summary

This is from the published bill. The Library of Parliament has also written a full legislative summary of the bill.

Part 1 implements certain measures in respect of the Income Tax Act and the Income Tax Regulations by
(a) denying income tax deductions for expenses incurred with respect to non-compliant short-term rentals;
(b) exempting from taxation the international shipping income of certain Canadian resident companies;
(c) exempting from taxation any income of the trusts established under the Firstread more

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.

Bill numbers are reused for different bills each new session. Perhaps you were looking for one of these other C-69s:

C-69 (2018) Law An Act to enact the Impact Assessment Act and the Canadian Energy Regulator Act, to amend the Navigation Protection Act and to make consequential amendments to other Acts
C-69 (2015) Penalties for the Criminal Possession of Firearms Act
C-69 (2005) An Act to amend the Agricultural Marketing Programs Act

Votes

June 19, 2024 Passed 3rd reading and adoption of Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024
June 18, 2024 Passed Concurrence at report stage of Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024
June 18, 2024 Failed Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (report stage amendment) (Motion No. 154)
June 18, 2024 Failed Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (report stage amendment) (Motion No. 148)
June 18, 2024 Failed Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (report stage amendment) (Motion No. 146)
June 18, 2024 Failed Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (report stage amendment) (Motion No. 142)
June 18, 2024 Failed Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (report stage amendment) (Motion No. 130)
June 18, 2024 Failed Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (report stage amendment) (Motion No. 79)
June 18, 2024 Failed Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (report stage amendment) (Motion No. 49)
June 18, 2024 Failed Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (report stage amendment) (Motion No. 46)
June 18, 2024 Failed Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (report stage amendment) (Motion No. 44)
June 18, 2024 Failed Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (report stage amendment) (Motion No. 42)
June 18, 2024 Failed Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (report stage amendment) (Motion No. 39)
June 18, 2024 Failed Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (report stage amendment) (Motion No. 38)
June 18, 2024 Failed Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (report stage amendment) (Motion No. 34)
June 18, 2024 Failed Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (report stage amendment) (Motion No.32)
June 18, 2024 Failed Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (report stage amendment) (Motion No. 1)
June 17, 2024 Passed Time allocation for Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024
May 22, 2024 Passed 2nd reading of Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024
May 22, 2024 Failed 2nd reading of Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024 (reasoned amendment)
May 21, 2024 Passed Time allocation for Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024

Budget Implementation Act, 2024, No. 1Government Orders

May 21st, 2024 / 5:10 p.m.

Windsor—Tecumseh Ontario

Liberal

Irek Kusmierczyk LiberalParliamentary Secretary to the Minister of Employment

Madam Speaker, fairness across generations is the quintessential Canadian promise that every individual deserves an equal opportunity, with hard work, determination and a little support, to join the middle class, to secure savings, to purchase a home, to grow a family, and to enjoy retirement and their golden years in dignity.

That is what budget 2024 is all about. Budget 2024 is crucial for the health, well-being and prosperity of my community in Windsor—Tecumseh. The foundation of prosperity and a strong middle class are good-paying manufacturing jobs. We know that. More and more, those good-paying manufacturing jobs are in the growing clean tech sector.

In this budget, there is record investment in clean technology and record investment tax credits to create tens of thousands of new jobs in the growing zero-emission economy. It builds upon clean tech and climate change investments in the fall economic statement and in previous budgets. It is already working.

We have seen over $50 billion in auto investment in just the last four years, including the historic Honda investment in Alliston and Port Colborne, the historic Northvolt investment in Quebec, the historic VW investment in St. Thomas and the Stellantis battery plant that our federal Liberal government delivered for my community in Windsor—Tecumseh, the first battery plant in all of Canada.

I drive past the battery plant on the corner of EC Row Avenue and Banwell Road every single day on my way to work. It is an incredible thing to see. The battery plant is the size of 120 hockey rinks. It stretches as far as the eye can see. Driving by it, hundreds of pickup trucks belonging to local skilled workers, iron workers and millwrights can be seen. There are 2,000 workers, Canadian, local, unionized workers, building our battery plant.

When it is completed, the battery plant will employ 2,500 local, unionized Canadians. What a remarkable turnaround. Eight years ago, under the previous Conservative government, Canada lost 300,000 manufacturing jobs. My community had an unemployment rate of 11.2%.

However, today there is optimism. Today, we are building a bright future. Where Conservatives destroyed manufacturing, Liberals are rebuilding the manufacturing heartland of Canada, right here in southwestern Ontario and in Windsor with a new battery plant and thousands of new jobs. Soon, there will be the return of the third shift at Windsor assembly plant, where proud auto workers in my community will build the Dodge Charger Daytona, the first electric muscle car in North America. Windsor is back, and it is because we have a Liberal government standing by auto workers in Windsor with historic investment, respect and a true partnership.

Like many other communities across the country, we also face challenges. One of those challenges is the rate of childhood poverty. Windsor-Essex has some of the highest rates of childhood poverty in Canada. Just last week, I met with the incredible people at ProsperUs, a unique local partnership of 40 organizations, including labour and industry, that are tackling childhood poverty by building wraparound supports from cradle to career in some of the most vulnerable neighbourhoods. It has built a unique neighbourhood opportunity index that gives us neighbourhood-level data on the health of our children and of families.

In many neighbourhoods, we see moms and dads, often single parents, working hard, juggling multiple part-time jobs to take care of their children, and sometimes it is not enough. It is hard to make ends meet. Oftentimes, the struggle to balance time and money means that kids go to school hungry. We can have the best teachers in the world in front of a classroom, but they will not reach the student in that classroom if the student is hungry. That is why our Liberal government, through this budget, is investing over $1 billion in a national school food program. That is historic for Canada, and it will be transformative for my community.

The national school food program is the result of decades of tireless advocacy by local leaders such as United Way Centraide Windsor-Essex County, VON and the Ontario school nutrition program, as well as the teachers, principals, volunteers and parent councils that have been providing school nutrition on a shoestring budget for years. It would lift 400,000 children across the country, put over $800 back in the pockets of parents and ensure that hundreds of thousands more kids would have access to nutritious meals to kick-start their day. More than food, this is about a fair start, a fair start for all of our kids, regardless of their background or postal code, so that they can be their best, and so that they can help build our Canada.

Our budget 2024 is about investing in people and communities. The national school food program is just one example, albeit a great example. It is what differentiates Liberals from Conservatives. Liberals invest. Conservatives cut. Liberals believe in neighbour looking after neighbour. Conservatives believe that one is on one's own. We already know this because the Leader of the Opposition has telegraphed this.

Conservatives will vote against clean tech investments such as our battery plant in Windsor. Conservatives will vote against a national school food program for kids. Conservatives will vote against record funding to build more homes and support renters. Conservatives will vote against dental care for seniors. Conservatives will vote against a fairer tax system that asks the super wealthiest to pay a little bit more so that we can strengthen the programs that help young people, working families and seniors.

These measures all share a common goal, which is to lift people and to lift communities, to build a Canada that we want, a Canada that rewards hard work and that is fair. I see it in my community of Windsor—Tecumseh. It is not just about building and helping Canadians today. It is also about building a Canada that is fair for future generations and for generations still to come.

Here I turn my attention to the environment. Liberals care about passing along a healthy environment, clean air and clean water to the next generation. Last year, I remember stepping out onto my front step, seeing a sky that had turned a burning bright orange while breathing in the thick air and smoke from the wildfires burning millions of hectares of forest in Quebec, New Brunswick and Alberta. Is this the future that we want to pass on to our kids? Budget 2024 confirms our commitment to fight climate change, to take real action to prevent wildfires and floods ravaging our communities.

The Conservatives oppose climate action. They oppose investments in wind and solar, and in electric vehicles. Not only do they not have a climate plan, they are actively working to dismantle Canada's climate plan, which is already reducing greenhouse gas emissions.

Along that vein, the Conservatives will also vote against the historic investment of $36.1 million in budget 2024 for the creation of the Ojibway national urban park in my community. There is over $40 million in this budget to open and operate an Ojibway national urban park, which our community has fought for, defended and championed for decades. The Conservative Party will vote against an Ojibway national urban park, too. I know our community will be watching for how our local Conservative MPs will vote. Will they vote with their Conservative leader to cut funding for Ojibway, or will they vote with their community and vote for Ojibway?

Ojibway is a testament to the resilience and perseverance of grassroots advocates, community leaders, environmental stewards and, above all, first nations. It underscores the power of strong partnerships, local advocacy, solidarity and a government that believes in conservation and in fighting climate change.

Budget 2024 will have a huge positive impact in my community, so much so that it feels like this budget was written by Windsor—Tecumseh for Windsor—Tecumseh. In my community, we are building a battery plant and thousands of jobs. We are taking care of the most vulnerable through programs such as the national school food program, and we are fighting climate change, preserving our land and waters and building an Ojibway national urban park. That is what this budget is all about. It is about stronger, healthier and more prosperous communities and a stronger, healthier and more prosperous Canada.

As spoken

Budget Implementation Act, 2024, No. 1Government Orders

May 21st, 2024 / 5:20 p.m.

Conservative

Brad Vis Conservative Mission—Matsqui—Fraser Canyon, BC

Madam Speaker, as a member of the Standing Committee on Industry and Technology, I was dismayed by the lack of transparency by the government. In the last number of months, over $50 billion has been announced in different EV subsidy contracts. As a member of that committee, I was given only two hours, along with the other committee members, to really scrutinize what the government was committing Canada to for only two of those contracts. In many respects, it is committing Canada to mimicking the programs in the United States. However, we cannot really be sure, because we do not actually know.

How much time should members of Parliament have to review 50 billion dollars' worth of contracts?

As spoken

Budget Implementation Act, 2024, No. 1Government Orders

May 21st, 2024 / 5:20 p.m.

Liberal

Irek Kusmierczyk Liberal Windsor—Tecumseh, ON

Madam Speaker, here is what I know. Eight years ago, when the Conservative government was in power, my community had an unemployment rate of 11.2%, and 300,000 manufacturing jobs were lost across Canada. Today, we see $50 billion of automotive manufacturing investment under the Liberal government. We are reviving the industrial manufacturing heartland of southwestern Ontario. Communities such as mine and those such as St. Thomas are building battery plants. We are seeing tens of thousands of automotive jobs being created in my community. Our focus is on bringing investment, creating well-paying jobs and lifting up manufacturing communities such as mine.

As spoken

Budget Implementation Act, 2024, No. 1Government Orders

May 21st, 2024 / 5:20 p.m.

Bloc

Julie Vignola Bloc Beauport—Limoilou, QC

Madam Speaker, we will vote against the budget, not because we are against pharmacare or because we are against the creation of a park or because we are against the creation of 2,000 jobs and more in the world of automotive technology. We will be voting against this budget because it creates duplicate services in Quebec and in the provinces that already have drug coverage, by refusing to grant them the right to opt out with full compensation. We are going to vote against it because, strangely enough, it disrespects the Constitution.

My question is this: Are we to understand that the government's refusal to respect the Constitution means that it wants to reopen the Constitution? If it reopens the Constitution this time, will it negotiate in good faith, which it did not do in 1982?

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Budget Implementation Act, 2024, No. 1Government Orders

May 21st, 2024 / 5:25 p.m.

Liberal

Irek Kusmierczyk Liberal Windsor—Tecumseh, ON

Madam Speaker, my hon. colleague is absolutely brilliant at the Standing Committee on Government Operations and Estimates. I really enjoy her questions, her insight and her incredible hard work.

We need a team Canada approach in order to be able to lift communities across Canada. When I see over $100 billion for clean-tech industries in this budget, I know it is going to impact not only communities such as mine in Ontario but also communities such as those in Quebec, especially with the Northvolt battery investment. It is going to help lift communities across the country from coast to coast to coast.

When I see the Canada disability benefit, pharmacare and child care, when I see all these programs, I know that these investments in budget 2024 will lift communities and Canadians from coast to coast to coast. For that very reason, I urge my hon. colleague to continue to work with us as team Canada and vote in support of this incredibly important budget.

As spoken

Budget Implementation Act, 2024, No. 1Government Orders

May 21st, 2024 / 5:25 p.m.

NDP

Matthew Green NDP Hamilton Centre, ON

Madam Speaker, as the very proud spokesperson for employment and workplace development, I am baffled that the parliamentary secretary stands to deliver the comments he did in his speech. Just last month, provincial and territorial labour ministers united across all parties and coast to coast to coast to call an emergency meeting to decry the $625-million cut to workforce development programs for people across the country. This would imply that, somehow, in a just transition, we do not need labour training anymore.

Could the hon. member, the parliamentary secretary for this file, please explain to those provincial premiers why the government made cuts to those very important programs?

As spoken

Budget Implementation Act, 2024, No. 1Government Orders

May 21st, 2024 / 5:25 p.m.

Liberal

Irek Kusmierczyk Liberal Windsor—Tecumseh, ON

Madam Speaker, there is no government in the history of this country that has invested more money in skills training in Canada. Whether it is through sectoral workforce development, UTIP or apprenticeships, the government has made more investments in skills training than have all other previous governments combined.

As spoken

Budget Implementation Act, 2024, No. 1Government Orders

May 21st, 2024 / 5:25 p.m.

Conservative

Brad Vis Conservative Mission—Matsqui—Fraser Canyon, BC

Madam Speaker, to respond quickly to the last speech, the member for Windsor—Tecumseh made many comparisons between the Conservatives and the Liberals.

One key thing the Conservatives want to do is fix the budget. That is because the Liberals love to take. They love to increase taxes. They say, “Work hard. We're going to take more of your money and then we're going to mismanage it and not tell you how it was spent”. That is the basis of this budget, and it is why I am opposing it.

After nine years under the NDP-Liberal government, life is more expensive. The budget should have invested in a more productive economy and encouraged investment, innovation and economic growth by cutting taxes.

Instead, the budget maintains this government's reckless deficits and raises taxes. This year, taxpayers will have to shell out $54.1 billion to pay interest on the Prime Minister's debt. That is more than we send to the provinces under the Canada health transfer.

After nine years of this policy, is the average Canadian better off? I do not think so.

After nine years of the NDP-Liberal government, life is more expensive. The budget should have invested in a more productive economy while encouraging investment, innovation and economic growth with lower taxes. Instead, the budget continues the government's reckless deficits and raises taxes. This year, taxpayers are on the hook for $54.1 billion just to pay the interest on the Prime Minister's debt. That is more than we send to provinces through the Canada health transfer. The budget is yet another incremental push toward socialism.

With everything the government has done, it has never been about making life better and more affordable for the average Canadian. It is about how the government can take more of people's hard-earned money and more control over their lives. After nine years of this, is the average Canadian better off? I do not think so. Nine years of this—

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Budget Implementation Act, 2024, No. 1Government Orders

May 21st, 2024 / 5:30 p.m.

The Assistant Deputy Speaker Carol Hughes

I am going to cut the hon. member off. Just as a reminder to members, if they plan to finish their speech, they should not end their speech too quickly.

The hon. member will have seven and a half minutes the next time this matter is before the House, plus five minutes for questions and comments.

As spoken

The House resumed consideration of the motion that Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024, be read the second time and referred to a committee, and of the amendment.

Budget Implementation Act, 2024, No. 1Government Orders

May 21st, 2024 / 6:30 p.m.

Conservative

Brad Vis Conservative Mission—Matsqui—Fraser Canyon, BC

Madam Speaker, nine years of the same failed policies from this government have resulted in small businesses getting pushed to the brink of collapse and many are shutting their doors altogether.

According to the superintendent of bankruptcy, business insolvencies in the year ending March 31 increased 56.7% year over year. The Business Development Bank of Canada reported last year that we now have 100,000 fewer entrepreneurs than we did 20 years ago, despite a massive increase in our population. In 2000, Canada had three entrepreneurs for every 1,000 people. By 2022, that number dropped to 1.3 per 1,000.

April's labour force survey showed an alarming loss of more than 11,000 jobs in Canada's construction industry. In the same month, housing starts dropped by 2.2%. One of the biggest challenges businesses are facing is finding workers, largely because those workers cannot find an affordable place to live. How are we supposed to build the homes Canadians need if our construction industry is shedding jobs by the thousands each month?

A result of the challenges businesses are facing is that Canada's productivity has drastically declined. Recently, the Bank of Canada's senior deputy governor, Carolyn Rogers, declared Canada's low productivity to be an emergency. In 1984, Canada produced 88% of the value generated by the United States economy per hour. As of 2022, we produced just 71% of the value that the U.S. does per hour. This ranks us second-to-last among our G7 peers, with only Italy witnessing a larger decline in productivity over the same period.

Adjusting for inflation, Canada's GDP per capita is lower now than it was in 2014. Budget 2024 ignores this emergency, pours more fuel onto the inflationary fire and sends a signal to investors that Canada does not want them to invest in our economy. Even the former Liberal finance minister, Bill Morneau, has criticized this government for its reckless spending and tax hikes that will take Canada in the wrong direction.

For Canada's economy to thrive, it must be competitive with the economies of our allies but, right now, it is not. Why is this the case? Canada has an uncompetitive tax system and burdensome red tape policies that continue to drive job creators and our brightest minds south of the border. In America, there is a competitive tax system. According to a recent study from the Fraser Institute, which ranked Canada's provinces and America's states by highest combined marginal income tax rates, nine provinces rank in the top 10 and all 10 provinces are in the top 13.

Why would an entrepreneur stay in Canada when they can go to pretty much any state in America and keep more of their money to invest back into their business or save for their retirement?

At the core of Canada's economic problems are a lack of affordable housing, an uncompetitive economy, an out-of-touch budget and rampant crime in our downtown cores. That is why Conservatives are so resolutely focused on our four key priorities: axe the tax, build the homes, fix the budget and stop the crime. The carbon tax is driving up the cost of everything. It costs more for farmers to produce food, more to ship goods and more for businesses to keep the lights on. Businesses struggle to find workers because those workers cannot find affordable places to call home. Nine straight budget deficits and hundreds of billions of dollars in added debt have driven interest rates higher than they have been in decades, making it harder for entrepreneurs to access the capital they need to grow their businesses.

People are scared to go to our downtown cores and support local businesses because they are worried about being a victim of the rampant crime that has increased by 39% since the government took office. Addressing these issues is paramount to turning around our economy and becoming competitive with our global leaders once again.

Frustratingly, the budget failed to axe the tax on our farmers and food. The budget failed to put forward a real plan to build the homes Canadians can afford. The budget failed to cap spending and implement a dollar-for-dollar rule. The budget failed to address the productivity emergency Canada faces. In fact, it will only make it worse. After nine long years, this budget is just more of the same from this costly and reckless NDP-Liberal coalition.

For these reasons, I will be joining my Conservative colleagues in voting against this terrible budget.

As spoken

Budget Implementation Act, 2024, No. 1Government Orders

May 21st, 2024 / 6:35 p.m.

The Assistant Deputy Speaker Carol Hughes

Before I go to questions and comments, I just want to remind members that if they are going to have conversations, they should maybe take them outside. I have my speaker on, and yet I can see that it can be disruptive. A few members were having conversations. I just want to remind members that they would want to be tuned in to the discussion in order to ask questions and comments.

Questions and comments, the hon. deputy government House leader.

As spoken

Budget Implementation Act, 2024, No. 1Government Orders

May 21st, 2024 / 6:35 p.m.

Liberal

Mark Gerretsen Liberal Kingston and the Islands, ON

Madam Speaker, I will have a chat with the member for St. Catharines later about that.

My question for the member is as follows. Conservatives have been going on for months now, talking about fuelling inflation with more, I think they called it, budget inflation. They keep talking about how inflation is going to skyrocket and get even more out of control as a result of the budget.

However, none of that happened. We have now seen four straight months where inflation has stayed within the Bank of Canada's target of 2% to 3%. Today's inflation numbers are the lowest that they have been in three years.

Why does the member continue to suggest that false narrative, that the budget is contributing to inflation, when reality suggests that he is completely wrong?

As spoken

Budget Implementation Act, 2024, No. 1Government Orders

May 21st, 2024 / 6:35 p.m.

Conservative

Brad Vis Conservative Mission—Matsqui—Fraser Canyon, BC

Madam Speaker, I would like to correct the member for Kingston and the Islands. The target from the Bank of Canada is in fact 2%.

As spoken

Budget Implementation Act, 2024, No. 1Government Orders

May 21st, 2024 / 6:35 p.m.

Bloc

Julie Vignola Bloc Beauport—Limoilou, QC

Madam Speaker, I actually agree with my colleague on several points. We are not necessarily voting against measures that are good for Canadians. Rather, we are voting against jurisdictional meddling and interference.

I would like to hear my colleague thoughts on the importance of upholding a contract, especially the most important contract of all for a country, namely, a Constitution.

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