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Economic and Fiscal Update Implementation Act, 2021

An Act to implement certain provisions of the economic and fiscal update tabled in Parliament on December 14, 2021 and other measures

This bill is from the 44th Parliament, 1st session, which ended in January 2025.

Sponsor

Status

This bill has received Royal Assent and is now law.

Summary

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

Part 1 amends the Income Tax Act and the Income Tax Regulations in order to
(a) introduce a new refundable tax credit for eligible businesses on qualifying ventilation expenses made to improve air quality;
(b) expand the travel component of the northern residents deduction by giving all northern residents the option to claim up to $1,200 in eligible travel expenses even if the individual has not received travel assistance from their employer;
(c) expand the School Supplies Tax Credit from 15% to 25% and expand the eligibility criteria to include electronic devices used by eligible educators; and
(d) introduce a new refundable tax credit to return fuel charge proceeds to farming businesses in backstop jurisdictions.
Part 2 enacts the Underused Housing Tax Act . This Act implements an annual tax of 1% on the value of vacant or underused residential property directly or indirectly owned by non-resident non-Canadians. It sets out rules for the purpose of establishing owners’ liability for the tax. It also sets out applicable reporting and filing requirements. Finally, to promote compliance with its provisions, this Act includes modern administration and enforcement provisions aligned with those found in other taxation statutes.
Part 3 provides for a six-year limitation or prescription period for the recovery of amounts owing with respect to a loan provided under the Canada Emergency Business Account program established by Export Development Canada.
Part 4 authorizes payments to be made out of the Consolidated Revenue Fund for the purpose of supporting ventilation improvement projects in schools.
Part 5 authorizes payments to be made out of the Consolidated Revenue Fund for the purpose of supporting coronavirus disease 2019 (COVID-19) proof-of-vaccination initiatives.
Part 6 authorizes the Minister of Health to make payments of up to $1.72 billion out of the Consolidated Revenue Fund in relation to coronavirus disease 2019 (COVID-19) tests. It also sets out reporting requirements for the Minister of Health.
Part 7 amends the Employment Insurance Act to specify the maximum number of weeks for which benefits may be paid in a benefit period to certain seasonal workers.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from 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-8s:

C-8 (2025) An Act respecting cyber security, amending the Telecommunications Act and making consequential amendments to other Acts
C-8 (2020) Law An Act to amend the Citizenship Act (Truth and Reconciliation Commission of Canada's call to action number 94)
C-8 (2020) An Act to amend the Criminal Code (conversion therapy)
C-8 (2016) Law Appropriation Act No. 5, 2015-16

Votes

May 4, 2022 Passed 3rd reading and adoption of Bill C-8, An Act to implement certain provisions of the economic and fiscal update tabled in Parliament on December 14, 2021 and other measures
May 4, 2022 Failed Bill C-8, An Act to implement certain provisions of the economic and fiscal update tabled in Parliament on December 14, 2021 and other measures (recommittal to a committee)
May 4, 2022 Failed 3rd reading and adoption of Bill C-8, An Act to implement certain provisions of the economic and fiscal update tabled in Parliament on December 14, 2021 and other measures (subamendment)
May 2, 2022 Passed Concurrence at report stage of Bill C-8, An Act to implement certain provisions of the economic and fiscal update tabled in Parliament on December 14, 2021 and other measures
May 2, 2022 Failed Bill C-8, An Act to implement certain provisions of the economic and fiscal update tabled in Parliament on December 14, 2021 and other measures (report stage amendment)
April 28, 2022 Passed Time allocation for Bill C-8, An Act to implement certain provisions of the economic and fiscal update tabled in Parliament on December 14, 2021 and other measures
Feb. 10, 2022 Passed 2nd reading of Bill C-8, An Act to implement certain provisions of the economic and fiscal update tabled in Parliament on December 14, 2021 and other measures

Debate Summary

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This is a computer-generated summary of the speeches below. Usually it’s accurate, but every now and then it’ll contain inaccuracies or total fabrications.

Bill C-8 aims to implement provisions from the 2021 fall economic statement, including tax credits, COVID-19 support programs, and a tax on underused housing owned by non-residents. The bill proposes measures related to health, education, housing, and employment insurance. A key debate centers on a proposed 1% tax on underused housing owned by non-residents, with some arguing that it encroaches on provincial jurisdiction and may be ineffective, while others advocate for more comprehensive solutions to address the housing crisis.

Liberal

  • Supporting economic recovery: The Liberal Party supports Bill C-8 as a measure to ensure Canada recovers from the pandemic and emerges stronger economically and as a nation, focusing on continued support for Canadians and businesses during the COVID-19 pandemic.
  • Vaccination efforts: The Liberal Party emphasizes the importance of vaccination as a tool to protect families and communities from COVID-19. They highlighted the government's investments in vaccines, booster shots, and the development of a national proof-of-vaccination standard in collaboration with provinces and territories.
  • Supporting small businesses: The Liberal Party highlights measures in Bill C-8 such as extending the CEBA repayment deadline and providing loan forgiveness to support small businesses affected by the pandemic. They also propose a refundable small business air quality improvement tax credit.
  • Prioritizing health and safety: The Liberal Party emphasizes the health and safety of Canadians, especially children, by allocating funding for rapid tests, ventilation improvements in schools, and supporting provincial proof-of-vaccination programs.

Conservative

  • Opposes Bill C-8: Multiple Conservative MPs stated their opposition to Bill C-8, citing concerns over its spending levels and inflationary effects. Speakers argued that the bill does not adequately address the economic needs of Canadians and will negatively impact future generations through increased debt.
  • Inflation and cost of living: The Conservative party emphasized the burden of inflation on Canadian families. Speakers detailed the rising costs of groceries, housing, and fuel, attributing these increases to government spending and policies like the carbon tax.
  • Inadequate housing policies: The party criticized the government's housing policies, arguing that they have failed to address the housing affordability crisis and have led to skyrocketing home prices. Members highlighted the ineffectiveness of programs like the First-Time Home Buyer Incentive and called for measures such as banning foreign ownership and increasing housing supply.
  • Impact on agriculture sector: The Conservative party expressed concern over the impact of the carbon tax and other government policies on the agriculture sector. Members advocated for exemptions from the carbon tax for farmers and highlighted the need to support Canadian farmers to ensure food security.

NDP

  • Underwhelmed by the bill: The NDP find Bill C-8 to be "underwhelming" as a response to the economic challenges Canadians are facing. They believe the bill doesn't go far enough in addressing issues such as the rising cost of living and housing affordability.
  • Support for select measures: The NDP support some measures in the bill, such as allowing small businesses to acquire equipment to improve indoor air quality, increasing the school supplies tax credit, and providing a refundable tax credit for the return of fuel levy proceeds to agricultural businesses. They see these measures as targeted investments that can help families and businesses.
  • Housing tax needs work: While the NDP acknowledge the underused housing tax as a step in the right direction, they believe it contains loopholes that will significantly undermine its effectiveness. They emphasize the need for more comprehensive measures to address the housing crisis.
  • Pushing for further action: The NDP aim to use their position in Parliament to push the government to take bolder action on issues such as dental care and pharmacare. They hope to see more inspiring and concrete initiatives in the upcoming budget to address the challenges facing Canadians.

Bloc

  • Opposes federal overreach: The Bloc Québécois opposes the federal government's intrusion into property tax, an area traditionally under provincial and municipal jurisdiction, viewing it as a dangerous precedent that could undermine the fiscal balance of the federation.
  • Housing strategy inadequacy: Bloc members critique the bill's failure to adequately address the housing crisis, arguing that the federal government has disengaged from housing initiatives and that the proposed tax on underused housing is an ineffective and poorly designed solution.
  • Unconstitutional overreach: The Bloc argues that the tax on underused housing may be unconstitutional, as it effectively regulates housing, an area under provincial jurisdiction, and that the federal government is imposing this tax without consulting the provinces or respecting their constitutional rights.
  • Supports CEBA changes: While critical of other aspects of the bill, the Bloc Québécois supports measures to extend the repayment deadline for the Canada Emergency Business Account (CEBA) loans and calls for further improvements to business support programs to address the challenges faced by SMEs.

Green

  • Supports the bill: The Green Party supports Bill C-8 because it provides funding for COVID-19 health impacts, essential equipment, and assistance to various sectors. However, they have concerns about potential overspending.
  • Concern about duplicated funds: The Green Party is concerned about the potential double allocation of funds, particularly regarding the $4 billion earmarked for rapid tests, and want measures to ensure funds are spent only once.
  • Federal-provincial collaboration: The Green Party highlights the need for better federal-provincial collaboration to address national issues effectively, citing climate targets and pandemic responses as examples where coordination has been lacking.
  • Ambition gap in legislation: The Green Party identifies an ambition gap in Bill C-8, particularly regarding housing affordability, climate action, and mental health support. They argue the bill could have included more transformative measures to address these critical issues, such as investments in co-op housing, phasing out fossil fuel subsidies, and increasing mental health funding.
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Economic and Fiscal Update Implementation Act, 2021Government Orders

March 28th, 2022 / 4:45 p.m.

Kingston and the Islands Ontario

Liberal

Mark Gerretsen LiberalParliamentary Secretary to the Leader of the Government in the House of Commons (Senate)

Madam Speaker, we have been listening to Conservatives talk all day about everything that they are going on and on about that does not have anything to do with Bill C-8.

Bill C-8 is a support package. It is the fall economic statement that is meant to deliver supports to a lot of the people that the members on the other side of the House keep referring to over and over. This is not about inflation. It is not about the price of gas. It is not about a whole bunch of stuff, other than supports that are in a bill that was introduced back in December. The only party that is still talking to this piece of legislature right now is the Conservatives. Every other party has stopped debating it. The Conservatives are clearly just trying to stall time in order to just drag this on and on.

My question is quite simple, and I have a lot of respect for this member. When does he think that the Conservatives will finally let us vote on this very important piece of legislation that would provide supports to Canadians?

Economic and Fiscal Update Implementation Act, 2021Government Orders

March 28th, 2022 / 4:45 p.m.

Conservative

Jamie Schmale Conservative Haliburton—Kawartha Lakes—Brock, ON

Madam Speaker, this is our job. We are legislators. We are supposed to be criticizing. We are supposed to be talking about how we can improve pieces of legislation. I will not stop talking about this issue and the causes of inflation when we are talking about a bill that is adding an additional $70 billion in new spending.

I have just gone through how printing money and expanding the money supply is hurting everyday constituents and how the carbon tax is hurting everyday constituents. I am getting email after email and phone call after phone call from real people who are struggling because of policies brought in by the government. No, I will not stop talking about it, especially when this legislation is terrible.

Economic and Fiscal Update Implementation Act, 2021Government Orders

March 28th, 2022 / 4:45 p.m.

Some hon. members

Oh, oh!

Economic and Fiscal Update Implementation Act, 2021Government Orders

March 28th, 2022 / 4:45 p.m.

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

Order. An hon. member wants to ask a question.

Economic and Fiscal Update Implementation Act, 2021Government Orders

March 28th, 2022 / 4:45 p.m.

Bloc

Nathalie Sinclair-Desgagné Bloc Terrebonne, QC

Madam Speaker, usually the other parties accuse us of picking fights, but apparently it is not the Bloc this time.

Here is my question relating to my hon. colleague's speech. In the economic update, the government held the Canada health transfer to the legal minimum, which is 3%. I would like my colleague to comment on the fact that this is the absolute minimum and that the Canadian provinces and Quebec have been asking for significantly higher health transfers for a long time. An increase is overdue and would be perfectly reasonable following this kind of pandemic.

Economic and Fiscal Update Implementation Act, 2021Government Orders

March 28th, 2022 / 4:45 p.m.

Conservative

Jamie Schmale Conservative Haliburton—Kawartha Lakes—Brock, ON

Madam Speaker, this is a point we have brought up many times. This was a pandemic that required health care to kick into high gear. We have seen that happen in every provincial jurisdiction. The one thing that did not happen was increases in health care transfers to the provinces beyond what was already previously budgeted for. We also saw that a third of the COVID spending that the government put forward did not have anything to do with COVID, but was only couched in the language of COVID. If it was truly a pandemic of health care resources, which I agree it was, why was health care not the number one item increased in the spending priorities of the government during the pandemic?

Economic and Fiscal Update Implementation Act, 2021Government Orders

March 28th, 2022 / 4:45 p.m.

NDP

Richard Cannings NDP South Okanagan—West Kootenay, BC

Madam Speaker, I would like to thank the member for Haliburton—Kawartha Lakes—Brock. I had the pleasure of visiting his riding last fall at the peak of fall colours, so I can appreciate where he comes from.

Economic and Fiscal Update Implementation Act, 2021Government Orders

March 28th, 2022 / 4:45 p.m.

Conservative

Scot Davidson Conservative York—Simcoe, ON

Lake Simcoe.

Economic and Fiscal Update Implementation Act, 2021Government Orders

March 28th, 2022 / 4:45 p.m.

NDP

Richard Cannings NDP South Okanagan—West Kootenay, BC

You have thrown me off there.

Economic and Fiscal Update Implementation Act, 2021Government Orders

March 28th, 2022 / 4:45 p.m.

Some hon. members

Oh, oh!

Economic and Fiscal Update Implementation Act, 2021Government Orders

March 28th, 2022 / 4:45 p.m.

NDP

Richard Cannings NDP South Okanagan—West Kootenay, BC

Madam Speaker, I come from a riding where tourism is a huge part of the economy, as does he. What does the member think of the government's misplaced support or lack of support for tourism when the latest tourism support program does not include companies that are seasonal? Canada is all about seasons, with the fall colours and then the winter, yet people and businesses whose work is seasonal in nature could not even apply for this support program.

Economic and Fiscal Update Implementation Act, 2021Government Orders

March 28th, 2022 / 4:50 p.m.

Conservative

Jamie Schmale Conservative Haliburton—Kawartha Lakes—Brock, ON

Madam Speaker, I thank the member for coming to Haliburton—Kawartha Lakes—Brock. I know the member for York—Simcoe was really putting in a plug, so maybe next time he can visit that area and see the beauty that his area has to offer.

The member is absolutely right that the tourism and hospitality sector has been severely hit. Tourism is number two in the economy in my area. A survey by the Canadian Federation of Independent Business shows that a massive number of businesses right across Canada have taken on severe debt just to keep going. One of the issues in travel and tourism, especially in Ontario, is that when we are running a tour, we do not always get the money until the tour goes. We need to look at restrictions at the border to allow international visitors to come back again. There is a lot more the government could be doing to help the travel and tourism industry.

Economic and Fiscal Update Implementation Act, 2021Government Orders

March 28th, 2022 / 4:50 p.m.

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

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 Kelowna—Lake Country, Canada-U.S. Relations; the hon. member for Langley—Aldergrove, Infrastructure; the hon. member for Elmwood—Transcona, COVID‑19 Economic Measures.

Economic and Fiscal Update Implementation Act, 2021Government Orders

March 28th, 2022 / 4:50 p.m.

Conservative

James Bezan Conservative Selkirk—Interlake—Eastman, MB

Madam Speaker, it is indeed a pleasure to get up on Bill C-8 and talk about some of the financial expenditures the government has made and some of the ones it is talking about in this bill.

I want to recognize that this is the first time I have been able to get on my feet since the announcement of the Liberal-NDP coalition. I know those in the sea of orange that I see across the aisle are still adjusting to being new NDP backbenchers. I know that is going to be difficult with the NDP prime minister we have now. I would say that this will be a big impact on the way the government spends going forward, and we are talking about Bill C-8 right now, which is in addition to the economic and fiscal update of 2021.

Let us just say that we, as Conservatives, are opposed to Bill C-8 because it has another $70 billion in inflationary spending. We know that every time the government goes to the money presses and prints a whole bunch of new $20s, $50s, $100s, thousands, millions and billions of dollars, it drives up inflation in this country because we have too much currency in circulation. We also know that, during this pandemic, out of all of the COVID spending we have had, $176 billion was not even related to the pandemic. There is $176 billion that has gone into Liberal pet projects and that has increased our national debt to where it sits today at $1.2 trillion. We are talking about a national debt that is now almost double since the Liberals came to power in 2015. That is beyond belief and something I do not think any of us ever expected.

We know that we are sitting in a world today where we are seeing hyperinflation caused by everything from supply chain disruptions to Russia's war in Ukraine, something that is very near and dear to me with family and friends back in Ukraine dealing with it, knowing that there are going to be extra costs and burdens that we have to carry as a country to help out the people of Ukraine, those fighting the war against Putin and those fleeing the violence, the carnage and the atrocities being committed against the people of Ukraine.

Every dollar that we spend today is precious. We have a fiduciary duty to the taxpayer to ensure that their money is being spent wisely and that we are making the greatest benefit to society here in Canada and around the world. That is why investing in everything from national defence to humanitarian relief efforts, to what we do at home to make life better for Canadians, is important. Unfortunately, that has not happened under the Liberal-NDP government.

Economic and Fiscal Update Implementation Act, 2021Government Orders

March 28th, 2022 / 4:50 p.m.

Liberal

Mark Gerretsen Liberal Kingston and the Islands, ON

You've got it right, the Liberal-NDP.