Thank you to all of our witnesses here today. I have a lot of great questions, but there is something else I'd like to discuss, and that is the motion I tabled to all committees received on Friday.
I cannot ignore the fact that this government is planning to hike the carbon tax another 23% come April 1. I cannot ignore the fact that the Liberals still owe businesses more than $2.5 billion in carbon pricing revenues from the first five years of the program and refuse to say when the money will flow. I cannot ignore the fact that this government is cutting the financial relief it promised to small businesses in a time of high inflation, interest rates and labour shortages.
I cannot ignore the fact that, according to the superintendent of bankruptcy, in January 2024, businesses saw a year-over-year increase in business insolvencies of 48.8%. Specifically, mining and oil and gas extraction saw a 92.9% increase in insolvencies, and professional, scientific and technical services saw an increase of 70.6%.
I cannot ignore the fact that, according to Statistics Canada, November 2023 was the fifth straight month in which fewer businesses opened than closed in Canada. I cannot ignore the fact that, in 2023, Mexico overtook Canada as the United States' largest trading partner. Let that sink in.
I cannot ignore the fact that the Minister of Small Business stated in Sudbury last week that she would bring the concerns of small businesses about the carbon tax back here to Ottawa, and I cannot ignore the fact that the minister stated that her government was lowering taxes for small businesses at the status of women committee when, in fact, we are seeing the exact opposite happening on April 1.
Therefore, I move that:
Given that the federal government has been collecting carbon tax revenue from small and medium size businesses since 2019; that despite repeated promises to return more than $2.5 billion in promised carbon tax revenues to small businesses the government has failed to do so; that many small and medium size businesses in various sectors of the Canadian economy are going insolvent; and despite the fact that seven provincial premiers, including Liberal Premier Furey, and more than 70% of Canadians oppose another 23% carbon tax increase on April 1st; the committee call for six meetings to be held immediately and invite the following witnesses:
Minister of Environment and Climate Change,
Minister of Finance,
Minister of Small Business,
Minister of Innovation, Science and Industry,
Various small and medium size businesses and industry representatives
and that the committee hear from witnesses the extent of the damage caused by carbon tax on the economy, and from government officials timeline to return money owed to small businesses and to freeze the carbon tax at its current levels and to report back to the House.
I move this motion today, Mr. Chair, because I have spent a lot of time on talking over the last number of weeks, and this is the number one thing that small businesses are talking to me about. All of us around this table are hearing the same thing from small businesses. They can't take another tax increase.
Thank you, Mr. Chair.