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

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 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 the Library of Parliament. You can also read the full text of the bill.

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

Economic and Fiscal Update Implementation Act, 2021Government Orders

February 3rd, 2022 / 3:30 p.m.


See context

Liberal

Taleeb Noormohamed Liberal Vancouver Granville, BC

Madam Speaker, I appreciate the opportunity to speak today to 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.

The economic and fiscal update is a transparent report of our nation's finances, but it is about making sure that we have the tools we need to protect Canadians and keep our economy growing. It is about prudence, not austerity, and intelligent investment, not a blank cheque. It would set the stage for us to build on the supports and investments that are bolstering our economy and ensuring its growth for the long term. This means making generational investments in our recovery, such as early learning and child care, so kids in Vancouver Granville and across Canada can get the best start in life. It also means making sure parents, most often women, do not have to make the difficult decision between taking care of their kids or returning to work, adding their immense talent and skill to contribute to Canada's economy.

According to RBC, closing the women's participation rate gap would add another 1.2 million people to the labour force at a time we desperately need workers to fill the almost one million jobs across Canada. It means investing in affordable housing and in a green transition. We all know full well that a green transition of our global economy is well under way. It represents a great economic opportunity to create good, sustainable jobs across Canada for generations to come. It means supporting the technology sector, the world from which I came, so that we can be a global leader in innovation and in building the economy of the future today.

This is not just about spending, but about creating conditions for future growth, fighting climate change by building a greener economy and ensuring that indigenous communities are included in every conversation about the innovation economy. Fostering diversity and inclusion are not just the right things to do for the fabric of the country, they are also the right thing to do to build a more prosperous future. By ensuring an economy that includes all of us, we access a wider range of experiences, perspectives and skills that would increase global competitiveness, support the long-term success of Canadian communities, rural and urban, and allow us to leverage best in class Canadian expertise on the world stage.

As we emerge from these moments of uncertainty, our priority must be on economic stability and long-term growth. The choices we make now will lay the foundation for the future that we will be leaving to our kids. I am proud of the work this government has done to keep us moving forward since 2015, no matter what challenges we have faced as a country.

We have also heard a lot about the pandemic's impact on our supply chains. That is why our government announced a call for proposals under the national trade corridors fund, which has allocated up to $50 million to support projects designed to eliminate supply chain congestion.

We know good transportation infrastructure and efficient trade corridors are crucial to Canadian businesses' success in the global market.

Many predicted it would take years to rebuild our economy from the wounds of the pandemic, but look at us now. We are poised for robust growth in the months to come, growth that will help us pay down the debt and reduce the deficit. We can already see the results of the work that has been done. The December labour force survey from Statistics Canada showed that our labour market gained 55,000 jobs and our unemployment rate dropped to 5.9%, its lowest since the start of the pandemic. Thanks to the resilience of Canadians, we have well surpassed our target of recovering one million jobs.

Our plan is working. As we continue to meet the challenges of COVID-19, we are staying the course, focused on climate change, advancing reconciliation with indigenous peoples and building an economy that is stronger, fairer, more prosperous and sustainable for the long term.

Let me talk about specifics. I spent a large part of my life in the tech sector building small companies into larger ones and taking intelligent managed risks knowing that I have accountability to my employees and investors. Like many business owners and entrepreneurs, I had to think about long-term growth and building resilience for rainy days, and often we have to borrow to invest in growth. That is what this government has done for Canadians during the pandemic. Now it is time to build on the remarkable return on that investment.

This pandemic, as we all know, has not been just a rainy day. This is a once-in-a-generation black swan event, a global crisis. That is why in Bill C-8 the Canada emergency business account is such an integral and important measure. The CEBA is one of the key government supports that local businesses have relied on to weather the darkest days of this pandemic. As we all know, the CEBA provides interest-free, partially forgivable loans of up to $60,000 to small businesses to help cover their operating costs during difficult times.

Let me put that into perspective. We all know that small businesses in each of our ridings are the backbone of our economy. My constituency office is in the neighbourhood of South Granville, a vibrant neighbourhood where the streets are lined with small businesses, mom-and-pop shops, restaurants, sidewalk cafes, bookstores and gift shops, all of which build and contribute to thriving communities. They employ our neighbours. They help families pay their rent and mortgages. Without government support, many of these pillars of our community would be out of business today.

Because of the Canada emergency business account, nearly 900,000 small businesses have been able to keep their doors open. Eligible businesses have accessed nearly $49 billion in federal support, and because many small businesses continue to face pandemic-related challenges, in January of this year our government extended the repayment deadline for loans, to qualify for partial loan forgiveness, to the end of 2023. This extension will support short-term economic recovery and offer greater repayment flexibility. Bill C-8 would give folks six years to pay off their CEBA loan, ensuring that loan-holders are provided consistent and fair treatment no matter where they live.

Bill C-8 would also deliver financial support to our Canadian farmers, who never stopped working to keep food on our tables, through the challenges posed by COVID-19 and beyond. Canadian farmers, like Mickey and her family, with whom I had the pleasure of meeting yesterday, have demonstrated great resilience, stepping up to deliver despite their own challenges. They have done their part in shoring up our food supply by investing in greener, more sustainable farms. With Bill C-8, we would be giving them a well-deserved hand while continuing to help meet our national climate change objectives.

The new measures in Bill C-8 would build on the significant support for businesses that became law with the passage of Bill C-2 in December. With Bill C-2, our government made sure that the economic supports needed for businesses would still be available, if and when needed. With the reality that provincial health restrictions remain in effect in certain regions across this country, we know that businesses continue to suffer and face challenges. Applications are now open for the local lockdown program, which provides wage and rent subsidy support of up to 75% for employers who have had to reduce the capacity of their main business by at least 50%. To expand access to the program, we have temporarily lowered the revenue decline threshold for eligibility from 40% to 25% through to mid-February. For businesses facing other pandemic-related losses, support is also now available through the tourism and hospitality program and the hardest-hit business recovery program.

By supporting businesses through these challenges, these programs are protecting people's jobs and allowing people to stay connected to their employers. As the Deputy Prime Minister and Minister of Finance has said, this keeps people strong, it keeps families strong and it keeps businesses strong. That is what we need to keep our economy strong.

As we emerge from the pandemic, our national focus must be jobs and growth. This means attracting top international talent and more immigrants and temporary foreign workers to help Canada meet long- and short-term labour market needs.

We have heard a lot about labour shortages recently, but our Canadian economy continues to grow. We have now surpassed our target of creating one million jobs. In fact, in December, as I said, we recovered 108% of the jobs lost at the peak of the pandemic. Immigration is a big part of the engine of our economy. It helps address labour shortages and strengthens our communities. Not only are immigrants essential to Canada's economy, but they also bring fresh perspectives and connect Canada to the world. In short, immigration bolsters our economic future and connects us to the world.

The good news is that the fall economic statement allocated $85 million to help unlock access to Canada. This targeted investment will reduce processing times in key areas affected by pandemic-related delays. Ensuring Canada's immigration system is well positioned to meet Canada's economic and labour force goals is essential to our future success.

As I said earlier, our long-term strategy of prudence, not austerity, and intelligent investment, not a blank cheque, is the best path forward for success. To bring this to life, we must lean into our clear vision and use public policy levers to make Canada a global leader in technology and innovation. For Canada to lead on the global stage, we must ensure that we create the conditions necessary for that to happen. That is exactly what we are doing. When we implement new approaches, Canadian innovators, businesses and non-profits respond. Building an innovation economy means thinking about where we want to go, not where we are today. It is clear that Bill C-8 is the next essential step in keeping Canadians and our economy strong, while setting the stage for long-term economic prosperity.

The record is clear. Our government delivered unprecedented support in order to keep Canadian families and businesses solvent throughout the pandemic, and investment in our economy has continued and will continue to pay off. The plan is working. Our GDP has returned to prepandemic levels, and both Moody's and S&P have reaffirmed Canada's AAA credit rating. We came into this crisis with the lowest net debt-to-GDP ratio in the G7, and we have increased our relative advantage throughout the pandemic.

The measures contained in Bill C-8 are fundamental to supporting Canadians and Canadian businesses, and the provinces and territories, as they continue to battle COVID-19. They need the support to get through the fight and come out stronger, and they are counting on it. They are counting on us. I encourage my hon. colleagues to bear this in mind in their consideration of this essential bill, and join me in supporting its expeditious passage through the House so that Canadians can get the help they need at the time they need it.

I am thankful for this opportunity to make this case.

Economic and Fiscal Update Implementation Act, 2021Government Orders

February 3rd, 2022 / 3:30 p.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 is not being consistent. On the one hand he is saying to cut back and stop the spending. He opposes the legislation because it involves spending money.

On the other hand, he is saying that we should spend more money on health care transfers, even though this government has sent record amounts in health care transfers. Not only that, but we are also dealing with mental health and many other issues in health care. In this bill, there is $1.72 billion being allocated to purchase rapid testing and equipment such as that. If we did not spend the money, those tests would not be there. Then it would have to be the provinces to come up with it.

Does the member not support the financial expenditures that are targeted in Bill C-8?

Economic and Fiscal Update Implementation Act, 2021Government Orders

February 3rd, 2022 / 3:20 p.m.


See context

Conservative

Ryan Williams Conservative Bay of Quinte, ON

Mr. Speaker, we only have to listen to the constant sound of horns outside of Parliament to hear the siren of Canadian voices discontent with the state of our country. Meeting to have an open conversation with truckers and now farmers is not a sign of defeat or concession, as the government tries to make it appear. It may be the only way to end this protest and send our truckers home. It is a sign of leadership. It is the job we all signed up to as parliamentarians. We are the representatives of everyone in our riding, not just those who voted for us, not just those we agree with, but everyone.

Canadians need hope. They want to know that the sacrifices they have made for their businesses, their families, their friends and their fellow Canadians by stepping up to get vaccines and boosters mean that they will see the light at the end of the tunnel. Canadians see where other nations are, and they see the hope that is coming from within them. The U.K. has lifted all restrictions from COVID-19. The Americans had full stadiums as they watched some exciting football for the AFC and the NFC championships last weekend. Go, Rams.

Canadians heard the health minister muse about seeing it coming with regard to a mandatory vaccine mandate on January 7, and when Quebec announced an anti-vax tax, the Prime Minister said that it could work. Vaccines are the best tool for fighting COVID-19, but we must use hope, not fear. The over 85% of Canadians who have made the choice on their own accord to get vaccinated want to know that there is hope and not fear as we end a pandemic and enter an endemic.

Part of that is Canada's ability to develop vaccines to contribute to COVAX and provide alternatives for the vaccine-hesitant. Quebec has two vaccine facilities that could provide these options. Both Medicago and Novavax, a plant-based vaccine and a protein-based vaccine, could provide Canadian jobs and help us meet promised COVAX goals, as we have only met a quarter of those, and help vaccinate the vaccine-hesitant here at home and the vaccine-starved across the globe. However, the government has not yet been able to see approval of these vaccines, both of which submitted applications for approval in early 2021, and Canada has yet to produce a vaccine through this pandemic.

Instead of acquiring vaccines and rapid testing in a timely manner, or approving vaccines that would help get the world vaccinated to help quell COVID-19, the government response has been consistently to dither and spend money it does not have. As our debt is now reaching a jaw-dropping $1.2 trillion, the desire to spend our way out of the pandemic has led to some far-reaching results for our country: a housing crisis that is the worst in the world; an inflation level that is the highest it has been in 30 years; and the largest increase in poverty and inequality in this country in 20 years. The government's continued fantasy of spending to end the pandemic has not worked yet, and it will not work now.

We need real solutions to solve our crises. Government needs to work on listening to Canadians, reducing red tape and allowing the Canadian economy and Canadian innovators to be unleashed as this pandemic becomes an endemic, instead of its failed spend-to-oblivian policies.

Housing is a crisis, an existential crisis that requires massive ambition and innovation to solve, working with all levels of government. Working with the housing industry, we can help lead and find solutions now. We have over 200,000 skilled workers who are in limbo with Canadian immigration, which includes skilled trades that could start building homes today.

The immigration minister acknowledged this week that the shortage of skilled workers is in flux and that he does not know when it will be open again, maybe at the end of 2022. However, we need $85 million, again more money, to fix it. Meanwhile, Canadian trades are screaming for more people to build homes and are not building them because of the lack of labour. This is an issue that could have been fixed years ago. Now with the housing crisis, it is only adding more fuel to the house fire that is our housing market.

The Conservative plan to use 15% of existing vacant government buildings for housing would have meant that trades could build units of housing today, not in the 10 years that it takes Toronto to build a high-rise now. Working with provinces in declaring a crisis on housing, we could start to massively contribute to an economic boom that would create jobs and create homes.

More important, we in the Conservative Party believe that if we are going to add more debt to the Canadian public, it should be on investments that better this country, including our health care.

For Bill C-8, our opposition is that, if we are going to spend $70 billion, then why not spend it on health care to increase health care capacity in our ICUs and our hospitals? Some of our provinces were locked down and businesses were closed completely because of the lack of staffed health care capacity in this country.

Looking at hospital beds per capita in the most developed nations in the world, Canada was behind 37, including being dead last in the G7. As a matter of fact, Japan, Korea and Germany have four to six times the number of staffed beds per capita than Canada does. In the Conservative platform, we had dedicated $60 billion, if we are talking about money, to new health care transfer spending to increase health care capacity.

If we are going to spend money, whether that be for Bill C-2 or Bill C-8, would it not be better for all Canadians if, instead of money being provide to businesses that are shut down, that money were to be used to prevent the economy from being shut down?

This bill is no different. This $70 billion needs to be spent now in health care transfers to increase both health care and ICU capacity, and to increase the number of health care professionals that we are desperately missing in our regions. We need health care professionals, nurse practitioners and nurses, and we need doctors. In Bay of Quinte, we are short over 30 doctors. That means that residents who need primary health care are going to the ER. Canada is short over 70,000 nurses.

Spending $70 billion more of taxpayer dollars without that money being invested into health care first and foremost is a travesty because it will add to the growing inflation that is plaguing this country. It would also not take care of the problems causing more lockdowns in the country and more angry Canadians desperately looking for the government to listen to them.

If we are going to fix inflation and the housing crisis, if we are going to listen to angry Canadians, we must fix those issues that are plaguing them, and we need to fix them now. Spending more money we do not have would fuel our already mammoth inflation, our housing crisis and the growing inequality in Canada without fixing the problems that would help Canadians get through the dark tunnel of this pandemic into the light that would be living with an endemic and getting lives back to normal.

Economic and Fiscal Update Implementation Act, 2021Government Orders

February 3rd, 2022 / 3:15 p.m.


See context

Conservative

Shelby Kramp-Neuman Conservative Hastings—Lennox and Addington, ON

Mr. Speaker, I will begin my comments by acknowledging a short conversation I had with one of my colleagues in the lobby with regard to his grandson, who has just gone through a successful heart surgery. Perhaps we can give a small moment of prayer for the member for Montmagny—L'Islet—Kamouraska—Rivière-du-Loup and his grandson Oskar. He is doing well, but it is appropriate to acknowledge we have strength on both sides of the House to wish him and his family well.

There have been several challenges. We need to be ready and our goal needs to be simple. We need to be prepared and we need to take rapid actions. We need to be able to protect the health of all Canadians while avoiding long-term impacts on our economy and of course on the mental health of all Canadians.

Productivity is down and debt levels are up. I believe we are in a hot mess. The Canadian way of life is being threatened, and many people are fragile. We need to reactivate this economy. We need to have lower taxes, more freedom and smaller government and we need to regain some optimism and hope in ourselves and in our government.

I am speaking today on Bill C-8, and Conservatives strongly oppose it. Day in and day out, I hear the phone calls to my riding offices in Ivanhoe and Napanee and my office in Ottawa from Canadians of all walks of life who are exhausted and tired. We have no room for this additional spending.

The House resumed consideration of the motion that 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, be read the second time and referred to a committee.

Business of the HouseOral Questions

February 3rd, 2022 / 3:10 p.m.


See context

Ajax Ontario

Liberal

Mark Holland LiberalLeader of the Government in the House of Commons

Mr. Speaker, I echo the comments made by my hon. colleague on the other side. We fiercely disagree on many things. The debate we have is important, and dissent is important, but the way we do that is extraordinarily important. I want to echo what he said. We have been able to find a good tone in this House as we disagree with one another and fight on the issues of the day, and do it in a way that respects the roles we have as parliamentarians in this place.

For the week that is forthcoming, this afternoon and tomorrow will be dedicated to the second reading debate 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. On Monday, we are going to commence debate on Bill C-9, which seeks to amend the Judges Act. Lastly, Tuesday and Thursday shall be allotted days.

HealthOral Questions

February 3rd, 2022 / 2:25 p.m.


See context

University—Rosedale Ontario

Liberal

Chrystia Freeland LiberalDeputy Prime Minister and Minister of Finance

Mr. Speaker, I thank the member for his question.

I can be very clear. I want to be very clear about the fact that $8 out of every $10 spent to fight this pandemic came from our federal government.

Bill C-8 outlines our government's plan to continue to support the provinces and territories, and that includes allocating $1.7 billion to provide over 180 million additional rapid tests free of charge.

We are doing more, but I do not have time to talk about everything the government is doing.

Economic and Fiscal Update Implementation Act, 2021Government Orders

February 3rd, 2022 / 1:50 p.m.


See context

Conservative

Shelby Kramp-Neuman Conservative Hastings—Lennox and Addington, ON

Madam Speaker, I will be splitting my time today with the hon. member for Bay of Quinte.

It is my pleasure to rise in the House today to address Bill C-8. This bill would enact tax and spending measures outlined in the economic and fiscal update. The bill itself has seven parts. Allow me today the privilege of suggesting some highlights as to why the official opposition opposes the bill.

Canadians are listening. Canadians are seeking more from the government, and they deserve more. Bill C-8 would add an additional $70 billion of new inflammatory fuel on the fire.

Friends, our national debt has now reached a ridiculous $1.2 trillion. Since the beginning of this pandemic, the Liberal government has brought in $176 billion in new spending that is unrelated to COVID-19. The Liberal government ensured Canadians it would find a balance on transparency. I am not seeing it.

Across our country, there are numerous concerns at hand. I see and hear them from my riding every single day. We all recognize the importance of stimulus spending. There is a time and a place. However, the cost of living is out of control. More dollars chasing fewer goods means higher prices.

In terms of groceries, inflation is hurting every Canadian and every family at the grocery store. Chicken is up 6.2%, for example. Bacon is up 19.1%. Working Canadians are sighing every time they pull into the gas station. Automobile gas is up 33%.

The state of our economy is weak. The deficit and national debt are disturbing and Canadians have caught on. People in Hastings—Lennox and Addington, and across this country, are being stretched. To quote the Parliamentary Budget Officer, “the rationale for the additional spending initially set aside as 'stimulus' no longer exists.”

Many Canadians are exhausted, financially, emotionally and mentally. We need to reactivate this economy. We need to have lower taxes, more freedom, smaller government and regain some optimism and hope in ourselves and in our government.

Conservatives are opposed to Bill C-8. As we come out of the COVID-19 pandemic, many Canadians are worried about our economic recovery and security. Unfortunately, debt loads on individuals and all levels of governments have imploded. This is putting businesses, jobs and home ownership at risk.

As communities face unprecedented challenges, the current government sadly is continuing to reward its insiders. Promises made to our veterans, seniors and small businesses have been broken.

Earlier in the House today, we were reminded by a fellow Liberal member that the Liberal government claims it wants to build back better after the pandemic. The Liberals want to do this by spending huge amounts of taxpayers' money. However, in my view, they have no realistic plan for this recovery. The Liberal government has a long and proven record of failing to get the job done for Canadians, and Bill C-8 is no exception. Canadians deserve much better from their government.

Our lives have changed over the last few years, but this has not changed our character. Canadians have overcome adversity in the past, and they will overcome it again. The key to moving past the pandemic in Hastings—Lennox and Addington is to give our communities the tools and resources they need to become more self-reliant and resilient.

Governments, regardless of jurisdiction, need to provide the necessary investments in local infrastructure and relief from taxes that stifle productivity. They also need to cut the red tape that inhibits growth. This includes investing in mental health programs, cleaner energy, supporting the farmers that feed us and our local businesses, which provide for us by creating an environment for new opportunities and investment.

I recognize the challenges are steep. The future of Hastings—Lennox and Addington and this country depends on bringing together people, ideas and working on things that unite us as a community, as a riding and as a country, rather than focusing on those things that divide us.

As we come out of this pandemic, the top issue facing this entire country is getting the economy back up and running. A key part of economic recovery is getting people back to work. Let me say first that the best indicator of future performance is past performance, and it should be remembered that during the 2008-09 recession, the last time this country faced a crisis, it was a Conservative government and Conservative economic policy that was able to strengthen Canada's fiscal position without jeopardizing the goal of income redistribution.

In fact, the same Conservative government's strict fiscal disciplines achieved a balanced budget in 2015, and it did not come from raising taxes or cutting transfers to people, provinces and territories. People should also remember that it was a Conservative government that brought in NAFTA, which has had an overwhelmingly positive effect on the Canadian economy. It has opened up new export opportunities for businesses, acted as a stimulus to build internationally competitive businesses and helped attract foreign investment to Canada.

Conservative governments have had a long and distinguished history of cleaning up Liberal messes, and we stand ready to do so again. We need to focus on getting the economy back on track, bringing back jobs, responsibly balancing the budget and providing accountability.

When COVID-19 hit, the Liberal government was not ready. Liberals were caught unprepared. They made poor decisions, put lives at risk and crippled our economy. It did not have to be this way. Canada has faced pandemics before. In recent memory we were confronted with SARS and H1N1. Each time we learned lessons and prepared for future pandemics. Tragically, the Liberal government undid much of that preparation, cutting funding to key programs. They shut down the Global Public Health Intelligence Network, our pandemic early warning system. They let the National Microbiology Laboratory decline and then depleted Canada's PPE stockpiles. They fought with the pharmaceutical industry and stacked the Public Health Agency with bureaucrats, not scientists.

When COVID-19 emerged, the Liberals were unprepared and slow to respond and made numerous decisions with tragic consequences. At first they denied there was a risk to Canada. They waited too long to close the border and ignored warnings of scientists within their own government and across Canada about the transmissibility and threat of COVID-19. They downplayed the importance of screening at borders, wearing masks, evidence-based contact tracing and domestic vaccine production. Front-line workers were left to fend for themselves, as public health guidance was confused or blocked.

Economic and Fiscal Update Implementation Act, 2021Government Orders

February 3rd, 2022 / 1:45 p.m.


See context

NDP

Lori Idlout NDP Nunavut, NU

Qujannamiik, Uqaqtittiji. I want to thank the member for talking about the arts. I also want to let her know that Nunavut is the only jurisdiction that has no performing arts centre at all in any of its communities. I hope she will take that into consideration for any future work with respect to supporting the arts in Nunavut.

As well, as she was talking about the fall economic statement, I want to highlight and remind her of what Bill C-8 fails to do. Bill C-8 fails to help families. The Government of Nunavut announced last week that the price of gas and diesel will increase eight cents a litre each, which will become effective this month. These increases will ultimately increase the cost of living. Essentially, this bill does nothing to help families facing rising food prices. Instead of helping working families with these rising food prices, why are the Liberals protecting wealthy grocery chains?

Economic and Fiscal Update Implementation Act, 2021Government Orders

February 3rd, 2022 / 1:35 p.m.


See context

Toronto—Danforth Ontario

Liberal

Julie Dabrusin LiberalParliamentary Secretary to the Minister of Natural Resources and to the Minister of Environment and Climate Change

Madam Speaker, I am very pleased to speak in support of Bill C-8, the economic and fiscal update implementation act, and to highlight how it is going to be supporting people in my own community and across this country.

I would like to begin, though, by acknowledging that we are still right at the beginning of Black History Month, and acknowledging the really strong speech by the member for Hull—Aylmer yesterday and how important it is to listen to his words and guidance about how, not only during this month but every day of the year, we really do need to continue to focus on learning Canada's Black history.

In respect of the fall economic statement, it touched on many important issues. One that I would really like to focus on is its support for the arts. The arts are an important source of employment and work in my community. I am lucky to have some wonderful theatres in my community, and film studios. So many people who work as authors or work in our museums are part of my community. I really appreciate all the work that they do. They have been so hard hit over the course of the pandemic. They have really felt the brunt of a lot of the lockdowns that have occurred across our country.

It was really important for me to see the continued support in the fall economic statement that builds on the support we provided throughout the pandemic. As I mentioned, I have many film studios in my community. It was always fun getting little peeks into the shows and movies that we were going to see down the line when we were walking along. They were hard hit. One of the things that allowed the film industry to continue was actually the support provided by the federal government, such as COVID insurance support. If they had to close down because of COVID they had that support.

The film industry was actually able to continue in a lot of ways but under different rules. It has not been as easy for the live performance industry. One of my priorities throughout the pandemic has been looking at how we provide the supports that we need for the live performance industry.

When we look at it overall, for the cultural domain, by the third quarter of 2021, compared to where they had been before, they were at about 93% from prepandemic times, but the live performance industry is still only at about 62%. There is still a lot of work to be done and a lot of support that is still needed for the live performance sector.

One of the things that I was really excited about was that through the pandemic we provided programs that allowed different live performances, like our festivals and venues, to pivot. When we talk about the programs, there were programs for example that supported small volunteer-run museums, different kinds of programs for people who were not ordinarily recipients of supports through Canadian Heritage.

I do not know about my colleagues but I love to go to a concert. I just love listening to live music. I love going to the theatre. It is one of the things that bring me so much joy. When we are out of this pandemic, I want to be able to go to those places again. I want to be able to listen and dance. No one has to watch me dance, but I want to be able to enjoy all that it brings me to be in the live performance location. In fact, right before this last lockdown I was able to go see MixTape at one of my local theatres, the Crow's Theatre, which always has a lot of really interesting performances. I could see the community of everyone there being so happy just to be there, just to have that experience again, even if it was a bit different.

Before the last lockdown here in Ontario, I was also able to go to Dora's, which has now been renamed as Noonan's, to listen to some music and, again, feel that community. When I talk about Dora's, now Noonan's, it was one of many live music venues that received support through the pandemic specifically from the live music fund. It was there to support the infrastructure around our live music industry, to support the bars that have Canadian performances and to make sure that they are there for us when we are able to go back.

That ties to another piece I will get to in the fall economic statement, which concerns support for the artists. It is for the infrastructure and for the artists, which are both critical pieces.

Before I move on from the live performance supports that were there for venues, I would just like to say I think they are really important, and I do not know if we talk enough about them. They supported places like The Door in my community. They also supported places like the Foufounes Electriques in Montreal. There have been a lot of great concerts over there.

There is also Lee's Palace in Toronto, the King Eddy in Calgary and The Carleton in Halifax. These are the places that people like to gather. They want to be able to gather there to enjoy themselves and see live performances again. Those places, as part of the pandemic programs, had support for the infrastructure.

In the fall economic statement, there was support for arts workers. It was the Canada performing arts workers resilience fund, and that had $60 million specifically to support gig workers in the cultural working atmosphere. It is to provide short-term financial supports and also guidance in professional development. It is available to organizations that support the live performance sectors, such as artists, unions, guilds and different associations. The purpose is to retain skilled workers in live performance.

I highlight it because I think it is important to see the work that has been done throughout the pandemic, how the fall economic statement built on that and how we are continuing to make sure that we will be there to support the live performance industry as we go forward and our arts industries as a whole because they are so important. They are important economically, and we do not talk about that enough. They are important to the economic sector, but they are also important for our souls and our communities. I will leave it at that. I cannot wait to see some shows. Maybe we will have a chance, among members, to go see some shows here in Ottawa at some point soon and enjoy that.

I am going to switch gears quickly to talk about schools. When I talk with people in my community, many were really concerned about the safety of schools as they were sending their children back to school in January. There were a lot of questions. In fact, our schools in Ontario were closed for a bit of time right at the beginning of January. There was worry, and parents were asking what we were going to do to make sure that our children would be safe when they went back to school.

This is where the fall economic statement is really important. It increased funding specifically for ventilation improvements in our schools. That will have a long-term impact. Just generally, it is a good thing to have better ventilation. I have to say that some of my kids' schools did not always seem to have the best systems for ventilation. It is great to see we are supporting our provinces to be able to do that important work. That builds on the safe restart funding that had been provided through the pandemic to our provinces and territories to be able to support schools through the process.

I know that in my community, and we do not even think about it, but there are many different kinds of changes we need to bring in. Many of the schools in my community got new types of water fountains. They are not the ones we used to use as a kid in school where we would lean forward, which are not really great for COVID and probably were not good then anyways. They now have bottle refill stations, different kinds of systems. That is an important response to the concerns being raised repeatedly by people in my community, to make sure we are supporting our provinces and territories to support our children.

I know I am running out of time, but I do want to mention briefly something concerning how our schools were closed in Ontario for a bit at the beginning of January. I would like to remind parents, if they are listening, that there is a caregiver benefit. When schools are closed because of COVID, they actually can apply for that caregiver benefit. I also want to highlight that if their kids have to self-isolate because of COVID, they may be eligible for the caregiver benefit. I am encouraging everyone to look into that.

I am thankful for the opportunity to speak in support of the fall economic statement.

Economic and Fiscal Update Implementation Act, 2021Government Orders

February 3rd, 2022 / 1:30 p.m.


See context

NDP

Heather McPherson NDP Edmonton Strathcona, AB

Madam Speaker, I would like to thank my colleague, as it was very easy to hear him from this end of the House, so I was able to not need my headphone. That is great. I thank him.

He did speak a lot about the programs that were put in place by the Liberal government, and while I know that some of them worked, many of them did not. We many times brought up in the House those places where there were holes and gaps. For example, he talks about business loans and how they supported businesses, but they did not support new businesses. They did not support businesses like ones in my riding that started right during the pandemic or right before the pandemic, through no fault of those entrepreneurs. There is a business in my riding called Cessco that used the wage subsidy program to actually pay for scab labour and lock out their unionized workers. There were these gaps in these programs, and Bill C-8 would not address those.

As such, I do not want the member to feel that the Liberals can take all the credit for these, when we have been asking them to fix these programs and they have not fixed them.

Economic and Fiscal Update Implementation Act, 2021Government Orders

February 3rd, 2022 / 1:20 p.m.


See context

Sackville—Preston—Chezzetcook Nova Scotia

Liberal

Darrell Samson LiberalParliamentary Secretary to the Minister of Veterans Affairs and Associate Minister of National Defence

Madam Speaker, I am pleased to have the opportunity to speak to Bill C‑8.

It has been a long two years. To be exact, it has been 21 months of direct challenges to our country and to Canadians from coast to coast to coast. People are tired, and we understand that, but we have stood together as Canadians to fight this global pandemic, and we will soon be in a much better place. What is important is that our country will continue to be a strong economic driver in the global economy. As our Prime Minister has indicated clearly on many occasions, we have Canadians' backs and we will have them for as long as it takes.

I remember that back on March 13, 2020, we decided to shut down Parliament for two weeks. I remember flying home and being a little uncertain, but I felt that I would get back soon. Many Canadians felt that we would get through this quickly. However, that was not to be the case.

Despite all of our challenges, as a member of Parliament I felt that I was really contributing to a strong democracy. For 67 days in a row, Liberal members of Parliament spent two hours every night on the phone talking about how we could build programs. Because of the feedback we were receiving from our constituents, we talked about how we could create those programs, as some individuals and companies in our constituencies were not being helped. We found ways to do that month after month. Even if we had 100 or 200 calls and emails a day, I felt that we were advocating on behalf of Canadians. Our government was responding on behalf of Canadians and helping Canadians.

Of course, we invested in PPE and vaccines, and as a government we were there for the provincial and municipal governments. That is very important to indicate because eight dollars out of every $10 spent to fight COVID throughout the pandemic has been spent by the federal government. At times we talk about jurisdiction, but we did not worry about jurisdiction. We worried about Canadians, the Canadian economy and communities. That is why we were directly involved in education, health care and so on.

I am very proud of our government's record throughout the pandemic in staying on a strong economic course, which I will describe so members know where we sit today. We have been so strong throughout the pandemic because of what we did from 2015 to 2019. We had the lowest unemployment rate in the history of Canada, since recording it began. Canadians created 1.2 million jobs, which is very impressive, going into the pandemic. We had the lowest net debt-to-GDP ratio in the G7. Those are impressive numbers. Where are we today? About 108% of the over three million jobs that were lost have now been recaptured.

I want to mention that I am sharing my time with the member for Toronto—Danforth, who will be giving her speech just after me. I apologize.

We have also seen fewer bankruptcies in the last two years than we have seen in past years. We have seen an increase of 13% in trade. Yes, inflation is at 4.5%, but that is a global challenge. Inflation in the United States is 7%. Interest rates on debt were lowered by $4 billion last year because of refinancing, and we still have our AAA credit rating.

I am very proud of the economic statement delivered by our Deputy Prime Minister and Minister of Finance. It is transparent and gives a good, clear picture of where we spent our money, why we spent our money and where we are going to invest our money as we move forward to make sure that our economy continues to be strong.

Yes, we lost three million jobs throughout this challenge, but we were able to recapture them. Yes, the GDP shrunk by 17%, but now we are seeing much improvement in that area. We now have the second-fastest job recovery in the G7. If we compare that to the recession of 2008, when the Conservatives were in power, we are much further ahead. That is probably because of the important work we had done prepandemic. Believe it or not, and I was surprised by these numbers, there were over 6,000 new businesses created during this pandemic. This is quite impressive.

We are also helping with the cost of living in two very direct areas. One, of course, is with investments in child care. This will be major in helping families deal with the cost of living and the economic challenges they may face. The second is with housing, which is a crucial investment being made for Canadians. We know the pandemic has caused more challenges in that area. Now first-time homebuyers will have more possibilities to get into the housing market, which is important. Rent-to-own is extremely important as well. Those are straight investments that will, as we move forward, continue to help create positive economic developments.

As a former superintendent of schools, I can tell members that schools are always an interesting place to be. In this pandemic, I cannot praise teachers, students and parents enough for what they have done. They have continued to be there so students could learn. They have contributed and been engaged, and that is something to be proud of. Our government has invested in helping to create more outdoor classrooms. We are investing in ventilation to help in that crucial area. We are also increasing the tax credit for teachers from 15% to 25%, and we have created more flexibility for information technology in that area.

For small businesses, we have been there, as I indicated already, and continue to be there. We have created some tax credits for retrofitting, ventilation and heating. Something important that people need to stop and think about is that the Canada emergency business account supported 900,000 businesses. That is almost one million businesses that were able to initially get $40,000, and later $60,000, with one-fourth being forgiven if they can pay it back by a certain date. That date has now been extended to December 31, 2023. For those businesses that require longer repayment, it has been extended to December 31, 2025.

The CFIB stated, “It is particularly good news that the government has announced it will extend the repayment deadline for the Canada Emergency Business Account (CEBA) loan program.”

The Business Council stated, “The COVID-19 pandemic continues to pose a risk to Canadians’ physical, mental and economic health. We agree with [the finance minister] that 'the best economic policy is a strong public health policy.'”

We also implemented a 1% housing tax, to slow down the challenges with health and to raise revenue, on non-residents who own property in Canada. This does not affect Canadians or permanent residents. It will allow us to support Canadians in the housing market.

Economic and Fiscal Update Implementation Act, 2021Government Orders

February 3rd, 2022 / 1:10 p.m.


See context

Bloc

Julie Vignola Bloc Beauport—Limoilou, QC

Madam Speaker, I am the type of person who takes the time to carefully read each bill and who asks herself a lot of questions. My first two questions are always: Is this a good and effective bill for people and their needs? Is this a good way to spend their tax money?

I read the economic update and Bill C-8. Was it exciting? No. Was it interesting? Yes.

It was interesting because I am very curious and I want to know everything. I like looking at things from every perspective. That is what I used to teach my students. I told them that, when they were bored, they needed to switch perspectives and find something interesting. Although I found the reading interesting, I must say that I was disappointed at times. Since I am not mean-spirited, I will start with the positive aspects of the bill.

First, it is important to realize that this is an economic update and that it is the result of a process. As members of Parliament, we know that. We are familiar with parliamentary jargon. However, that is not true for all Canadians. I think that it is important to take the time to mention, however briefly, that this is an economic update. An economic update is an observation, a portrait of the economic situation in Canada at a given point in time. The portrait is based on statistics and, at the time it is painted, it is true. However, we now know how quickly things can change.

Economic updates are important, especially in times of crisis. We have to know where we are in order to determine where we are going. That is a great truth that we should also apply to our personal and professional lives.

The economic update has therefore achieved its goal, which is to inform members of Parliament and Canadians in general of the current situation in Canada. It also provides information on what has been done and what should be done. Since the purpose of knowing where we are now is to determine where we are going, that is where things get a little dicey.

The economic update had no big surprises: We are seeing inflation; the economy, at the time the update was drafted, was in recovery in several sectors; some sectors, such as culture and tourism, were still and are still being hard-hit; there is an extreme shortage of social and affordable housing; and we need to implement measures, including financial and material measures, to help Canadians through the crisis.

As I said, there were no big surprises. We do not have to be internationally renowned economists to see where we are, the statistics speak for themselves. The update does a good job at painting a portrait of the situation, but it is missing the other aspect: where are we going?

To answer this question, we must absolutely avoid empty or catch-all phrases such as “we will keep working and trying to see the light at the end of the tunnel and do everything we can to end this pandemic”, or “we will keep doing what we have been doing for the past two years: protecting the population and ensuring an economic recovery through strong and innovative measures”. It is not helpful to use buzzwords and put them together in a sentence so general that it does not mean anything. That may reassure some people, but Canadians need more than that. They need to know that a real blueprint for society will emerge from this unprecedented crisis.

Bill C-8 will help companies improve their ventilation through a tax credit. That will have a short-term effect. The government is trying to find a way of mitigating the housing crisis. The tax will have a short-term effect. The bill adjusts employment insurance and the Canada emergency business account. That will have an essentially short-term effect, that is, until the pandemic is over and the economy returns to normal. It allocates $2 billion to put in place proof-of-vaccination and rapid test delivery measures. That is another short-term solution—at least, we hope. I understand, we need to do these things. Our tourism and seasonal businesses and their workers have been very hard-hit by the pandemic, and the measures are still necessary.

In other words, Bill C-8 has us in the same kettle of fish we have been in for almost two years. Let us be clear, I will say it again: These measures are necessary, but I was expecting something for the long term.

Some people may be tempted to say that the future tax on underused housing could have an impact in the medium term, since it might force owners to make sure that the units are occupied, therefore increasing the housing supply. That would not make up for Canada’s decades of underinvestment in social housing, especially since this measure could end up adversely affecting municipalities’ finances.

Every year, good or bad, Canada should have set aside money to build 50,000 housing units across the country. Why were cuts made to social housing for decades? Is it because poor people do not have the means to fight the system? The system should be there precisely to protect those who need the most help.

I would like to bring up two principles that I find important, and I hope that they will also be important to everyone in the House. First, we need to plan and take action for our future generations, not for the next election. Second, we need to fight for the dignity of the weak, for those who have no voice. That is why I am here. I hope that is also the case for all of my colleagues.

By not investing in social housing, successive governments failed to honour these two principles. Bill C-8 has exactly the same problem, since it does not plan for future generations or show that we are fighting for the dignity of those who do not have a voice.

It is not enough to just slap a band-aid on the gaping wounds caused by the pandemic. We must see better and farther ahead. How can we see farther? The history teacher in me would say that we need to examine the mistakes of the past and, above all, make sure we do not repeat them.

Let us make sure we foster the emergence and stability of businesses that feed our economy, such as farming and agricultural production, electrical and electronics manufacturers, domestic and international tourism, natural resource development and processing, shipbuilding, electric transportation, clean energy and green businesses, research, and textiles.

There are a lot of things we could do. We need to encourage businesses in the hardest-hit sectors. We need to export finished products, not just natural resources. Let us export what we make instead of importing what others make.

Let us take concrete action so that the burden of monitoring calls for tenders and filling out procurement paperwork no longer falls on our SMEs, which cannot afford to pay a full-time team to take care of all this monitoring and paperwork.

Let us set aside renewable amounts each year so that the federal government is not tempted to interfere in areas under the jurisdiction of Quebec and the provinces.

If we take a step back and look at federal trends in times of crisis, we see the same thing again and again: interference, lack of respect for the jurisdictions set out in the Constitution. If we take another step back, we notice that one of the reasons for this interference is a lack of planning for the medium and long terms. Finances are managed from a short-term perspective, and cuts get made to budgets that are essential in times of crisis, such as housing, health transfers and pension indexation.

Let us improve supply chains. Let us make sure that we have everything we need to face the next crisis, whether it happens tomorrow or in 50 years. These are only a few examples. There are more.

What are we doing to ensure the dignity of those who do not have a voice? I will support Bill C-8 because it contains necessary measures, but that does not mean I am not disappointed with what is missing from the bill, namely vision, planning, boldness.

Economic and Fiscal Update Implementation Act, 2021Government Orders

February 3rd, 2022 / 12:50 p.m.


See context

Bloc

Simon-Pierre Savard-Tremblay Bloc Saint-Hyacinthe—Bagot, QC

Madam Speaker, I will share my time with my esteemed, and I hope estimable, friend and colleague from Beauport‑Limoilou.

I am pleased to rise in the House today to speak to 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. That is its actual title, but since it is a little long, we will simply refer to it as the economic update.

I would like to talk to you today about an extremely serious problem in my riding of Saint‑Hyacinthe-Bagot and more specifically in Saint-Hyacinthe, the central city of the riding, which has a population of nearly 60,000, or about 300 inhabitants per square kilometre. Saint-Hyacinthe is well known for all kinds of good reasons that fill us with pride, including its status as the agri‑food capital of Quebec, and some would say of Canada. Unfortunately, it is also known for something a lot less positive, namely its inglorious title of the city with the lowest vacancy rate in Quebec, at 0.2%. Given that rate, it is very safe to say that there is no housing available in Saint‑Hyacinthe.

To paint a more complete picture, I think it is important to add that there has been a real problem with fires in affordable and low-rental housing units in the downtown area. When we talk to the people who live in these neighbourhoods, they tell us that there is also an issue with “renovictions”, not least because the renovations are not always actually done. Another problem is that the cost of rent increased by 16% in a year, as recorded last July. That is the perfect recipe for a very difficult social situation. We can call it a crisis, because it is one. How can our society accept this and tolerate people having to sleep outside? It is unacceptable.

Before I go on, I would like to take a moment to acknowledge the hard-working activists at Comité Logemen’mêle, a group that oversees the many organizations in Sainte-Hyacinthe that work on this issue and promote the right to housing.

The problem that Saint‑Hyacinthe and many big cities with similar vacancy rates are experiencing is the result of a long history of a federal government that has underinvested or poorly invested in social and affordable housing. It is the result of a history of gross government negligence.

In June 2021, the Front d’action populaire en réaménagement urbain, or FRAPRU, published a booklet documenting Ottawa's chronic underinvestment in housing since the 1990s. The numbers are quite staggering. If Ottawa had maintained the same level of investment as before the 1990s, today, we would have 80,000 more social housing units in Quebec. Think about that. Federal cuts have deprived thousands of families and individuals of a roof over their heads.

I would like to quote FRAPRU spokesperson Véronique Laflamme, who said, “The loss of 80,000 social housing units that could have been built in Quebec had Ottawa not withdrawn its funding has been a major contributor to the current low-rent housing shortage, and the national housing strategy put in place by the [Prime Minister]'s Liberal government does nothing to compensate for this loss”.

I have heard a number of people say that FRAPRU is a very left-wing group, but if FRAPRU does not seem credible in the eyes of certain parties and individuals in the House, let see what Scotiabank thinks. Everyone will agree that Scotiabank is not known for being particularly left-wing or anti-capitalist. Just this past January, Scotiabank estimated that Canada had the lowest average number of housing units per 1,000 people in the G7.

To reach the G7 average, Canada would need an additional 1.8 million homes. Scotiabank also estimated that the median home price rose 50% between December 2019 and December 2021 in some parts of Canada.

As for the existing programs, many of them are aimed at the right places, but they too are victims of underfunding.

Take, for example, the Canadian rapid housing initiative, or RHI. It was used in my riding, and we were very happy. It made it possible to announce the creation of 21 affordable housing units in the city of Saint‑Hyacinthe. We were very happy. It is a good program, but the budget is far too limited and operates on a first-come, first-served basis. Furthermore, the program is not permanent. It is temporary, so people rushed to apply. Once the money ran out, there was not a penny left, and it was time to move on to something else. The money ran out in the blink of an eye.

The situation is glaringly obvious and deserves to be addressed. We were told that it would finally be addressed in the economic update. Better sooner than later, of course, but better late than never too. Many of us were watching and wondering what we were going to see. We expected that Ottawa would show some ambition in recommitting to this issue by announcing meaningful reinvestments in social, community and affordable housing.

In fact, the Bloc Québécois would like to see new investments amounting to 1% of the federal government's annual revenue on an ongoing basis rather than ad hoc agreements. We also think surplus federal properties should be repurposed for social, community and affordable housing development. To be clear, programs need to be completely overhauled as well.

The billions of dollars invested should be channelled toward co-ops, non-profits, and organizations with a thorough understanding of the issues that need to be addressed and how to do so.

That is why programs that are part of the national housing strategy, the NHS, should be reconfigured financially to create an acquisition fund that would enable co-ops and non-profits to acquire buildings currently on the market and make sure they remain affordable. We need to take control of the market out of private-sector hands.

Of course we have to make sure Quebec gets its fair share of funding, no strings attached, from federal homelessness programs, and funding that was released during the pandemic needs to be made available on a permanent basis.

That is all we were hoping for from the economic update. We have read and studied it carefully.

In the end, we have a single measure: a tax on foreign-owned vacant property. The tax on underused housing would apply to dwellings in Canada owned directly or indirectly, in whole or in part, by non-residents. This would apply to single-family homes, duplexes and triplexes, as well as semi-detached and row houses, and condominiums.

This is a good idea. We have no problem standing up and recognizing that. Its implementation would reduce real estate speculation, which is a real scourge and a real problem. International investors are looking to make a profit, not build affordable housing. They keep an eye on trends based on bubbles, looking at countries where that is happening and where they should go, as most stockholders do.

Such a tax could help prevent artificial market inflation and help free up these buildings. The fact that there are vacant dwellings in large urban centres contributes to scarcity. People need housing and are seeing all these large, empty buildings around them. It is absolutely ludicrous.

This kind of tax, however, would not solve the housing problem the way a renewed government commitment would, but a massive reinvestment could do it. The tax would also constitute interference. There is a real danger here, because with this tax, this is the first time the federal government is interfering in property taxes.

Centralization is second nature to Ottawa. I am afraid it would be fair to say that Ottawa is dealing with housing the same way it deals with health, in other words, it lets things deteriorate and then, when it decides it can no longer stand idly by, it responds by interfering.

I think people who are desperately waiting for housing deserve better.

Economic and Fiscal Update Implementation Act, 2021Government Orders

February 3rd, 2022 / 12:50 p.m.


See context

NDP

Charlie Angus NDP Timmins—James Bay, ON

Madam Speaker, I am so proud to rise on Bill C-8 and the issues we are dealing with during the pandemic. This morning, I received three messages from young women around the Gloucester and Metcalfe area talking about the threats of rape they were facing because of the lawlessness and lack of police to protect residents in Centretown in Ottawa from this protest.

The member for Cowichan—Malahat—Langford is bringing a motion forward to investigate how GoFundMe is allowing anonymous sources to funnel money to what may be an extremist action.

Would the member and the government support an investigation into how GoFundMe has taken this $10 million, where it is coming from, what the sources are and if it is a threat to security—