Evidence of meeting #65 for Finance in the 40th Parliament, 2nd Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was region.

A recording is available from Parliament.

On the agenda

MPs speaking

Also speaking

Lysiane Boucher  Coordinator, Federal and International Affairs, Fédération étudiante universitaire du Québec
Jean-David Beaulieu  Researcher, Bloc Québécois Research Bureau, Bloc Québécois
Kevin Page  Parliamentary Budget Officer, Library of Parliament
Sahir Khan  Assistant Parliamentary Budget Officer, Expenditure and Revenue Analysis, Office of the Parliamentary Budget Officer, Library of Parliament
Jason Jacques  Financial Advisor, Expenditure and Revenue Analysis, Office of the Parliamentary Budget Officer, Library of Parliament

5:25 p.m.

Conservative

Ted Menzies Conservative Macleod, AB

Thank you.

I think it behoves us as parliamentarians who are going to.... Some seem to actually want to accept somewhere between $180 million and $600 million a year in cost.

5:25 p.m.

Liberal

Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC

I heard $195 million.

5:25 p.m.

Conservative

Ted Menzies Conservative Macleod, AB

Pick a number, Massimo. You've just blurred the lines even deeper. We have no idea what the cost is.

5:25 p.m.

Liberal

Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC

Again, it is $195 million.

5:25 p.m.

Conservative

Ted Menzies Conservative Macleod, AB

It would be very reckless of us to suggest we move forward with this.

Mr. Chair, do you not also have a deadline to report back our pre-budget consultation process to the House?

5:25 p.m.

Conservative

The Chair Conservative James Rajotte

The deadline for Bill C-288 is December 2, and the deadline for the pre-budget report is December 9.

5:25 p.m.

Conservative

Ted Menzies Conservative Macleod, AB

So we're facing deadlines. We face holding back the work we've done in hearing 400 witnesses, when we have ample opportunity to extend this.

I don't think there is any reason to rush this through, especially considering the uncertainty. We don't even know whether it is a tax credit or a tax deduction. No one has given us an answer. It's irresponsible.

I would suggest we all support Mr. Wallace's motion.

5:25 p.m.

Conservative

The Chair Conservative James Rajotte

Okay. I have Mr. Dechert, Mr. Kramp, and then Mr. Pacetti.

November 25th, 2009 / 5:25 p.m.

Conservative

Bob Dechert Conservative Mississauga—Erindale, ON

Thank you, Mr. Chair.

I also support Mr. Wallace's motion, and I think it's a reasonable one. I really think there are a lot of unanswered questions about the impact of this proposed bill that we haven't heard any testimony on. For example, I'm very concerned about how this would incentivize businesses to create jobs in these regions and what the impact would be on salaries and wages for students and recent graduates in these regions. We haven't heard any testimony on what it might do to wages and salaries. My gut feeling is that it would probably suppress salaries and wages for new workers, and I'm not sure that's something—

5:30 p.m.

Conservative

The Chair Conservative James Rajotte

Mr. Dechert, I just want to point out that there will be a vote. There will be bells at 5:30. As a committee, we cannot keep going unless there is unanimous consent.

If you want a vote on this—

5:30 p.m.

Bloc

Jean-Yves Laforest Bloc Saint-Maurice—Champlain, QC

Can we vote now?

5:30 p.m.

Conservative

The Chair Conservative James Rajotte

I'm just trying to tell you why I don't think—

5:30 p.m.

Conservative

Bob Dechert Conservative Mississauga—Erindale, ON

I understand that. Can I make one other point? I think it's important. We need to hear from witnesses on what impact this bill might have on older workers, and we haven't heard anything on that.

5:30 p.m.

Conservative

The Chair Conservative James Rajotte

The bells are ringing, so I cannot proceed unless there's unanimous consent of the committee to continue.

Is there unanimous consent to have—

5:30 p.m.

An hon. member

No.

5:30 p.m.

Conservative

The Chair Conservative James Rajotte

There's not unanimous consent, so the meeting's adjourned.