Mr. Speaker, I am pleased to have an opportunity on behalf of my constituents of Winnipeg Centre to enter into the debate on Bill C-9 at report stage amendments.
I think it is important to put in perspective what we are doing here at this point in time on Bill C-9 and on behalf of the people I represent.
We should remind Canadians that this is the point in the legislative process where the government of the day comes to Parliament to ask permission to spend the taxpayers' money in a certain way. The government introduces its budget, and then, by virtue of a budget implementation bill, the government outlines the detailed way in which it intends to spend that budget.
The government comes to Parliament for our permission, and it needs our permission to go ahead. This is why there is the urgency with Bill C-9. This is why the government is going to put time allocation on the debate, if it can, to ram this thing through by the end of June when Parliament adjourns for the summer recess.
Technically, the government does not have permission to spend the money it proposes to spend. It is coming to us. I wish the government would show a little bit more humility when it comes to us, because it does not even have a majority. It cannot force anything in this Parliament. It needs the co-operation of the members on this side of the House to get permission to spend that money.
A lot of Canadians would like to believe that members of Parliament could work together in between elections to paddle our canoe in the same direction, as it were, to do what is best for the country. I think if people sought it, they would find a fair amount of goodwill in the House towards that, because we all recognize we have been going through difficult economic times. The opposition parties did not try to interfere, block or stop the massive stimulus spending. We accepted that this was what was going on in the world.
What is mean-spirited about this and what is wrong with the way the Conservatives are handling this is that rather than seeking the co-operation of the House for the implementation of the budget this year, they tried to insert a bunch of things that do not properly belong in a budget implementation bill. Canadians should understand that.
It is deceit of the highest order to ram this bill through. For the necessary spending, or at least giving permission for the government to spend, they are including a bunch things that do not belong here. It is a very American-style thing to do. Those of us who are observers of politics in other countries will recognize this as earmarking, as they call it in the United States, where a budget bill will start out at, say, 30 pages, and by the time every senator adds their special spending bill that they trade their support for, it will be 200 pages long. There will be all kinds of irrelevant additional material rammed into that bill.
This is what is happening here today. In terms of implementation of the budget, I do not think there would be great opposition to some parts of the bill. We are clearly against other things that deserve debate. However, there are some things that clearly should not be in this bill at all, and that is what speaker after speaker on the part of the NDP have been trying to point out.
I know the people in my riding would be disappointed in a number of the aspects of this budget implementation bill. In its current form, it does not deserve our support. Any opposition member worth his or her salt would vote against this bill.
My colleague from Hamilton is exactly right in saying that we should not only be opposed to this bill, we should be willing to stand in our place and be opposed to this bill and be counted in our opposition to this bill.
Believe me, we will be counting the heads on those vacant benches over there when it comes time to vote against this bill. It is unworthy of our support. Never mind the merits of the bill or the faults of the bill, by principle we should be voting against this bill because it sets a dangerous precedent that they are trying to insert a number of things that clearly do not belong here.
In the brief time I had to research the part 1 amendments, I counted up a number of tax grabs in Bill C-9, the current budget implementation bill, that should be of grave concern as well. They are clearly contrary to what the Conservative government would have us believe, that they are all about tax cuts and not tax grabs.
Clearly, a lot of these measures are tax grabs in no uncertain terms, yet the Conservatives have left opportunities for revenue without any comment at all. For instance, a budget implementation bill or a budget itself is the opportunity to finally plug the outrageous tax loopholes that exist for offshore tax havens. This is money left on the table that the Minister of Finance does not see fit to pick up and put in his pocket.
I cannot understand it, because I used to hear Conservative MPs, when they were in opposition, rail about the outrageous tax havens, rail against the former prime minister, Paul Martin, for shielding a lot of his assets in offshore tax havens with his 13 shell companies to hide the profits of Canada Steamship Lines, but they have not taken any active steps to deal with this.
I forget what the chartered accountants call it, but it has a fancy name in terms of hiring a tax avoidance lawyer; “tax-motivated expatriation”, those are the words I was groping for. It sounds like a legitimate move that a tax consultant would advise. In the cocktail party circuit, it almost sounds respectable. For people to say they are going to take part in some tax-motivated expatriation almost sounds as though they are going on a holiday to some warm country. In actual fact, it is a sleazy tax-cheating loophole that the Conservatives are afraid to close because it is their friends who avail themselves of it. So they do not want to offend their friends.
In the U.S., an estimated $100 billion a year in revenue is lost through its tax haven regime. Other experts have taken that money down with our economy and it would be a minimum of $7 billion per year of lost revenue that our tax havens are costing the taxpayer. So as we are offloading this tax burden with tax grabs from ordinary Canadians, we are leaving this money on the table. It is incomprehensible to me and it is contrary to what we were led to believe about the policies of the Conservatives.
The other thing that should be pointed out, and again the people in my riding of Winnipeg Centre deserve to know that someone is raising this in the House of Commons, is the very valid and legitimate point that my colleague from Elmwood—Transcona made, that the current round of corporate tax cuts that the Conservatives have not only contemplated but are implementing are going to cost the general revenues in the neighbourhood of $7 billion to $10 billion. I have heard as high as $15 billion. We do not have that money. That is money we have to borrow. We are going to be borrowing money to give to already profitable corporations in terms of yet another handout. This is what is incomprehensible to ordinary Canadians.
It is not as though we are giving a struggling industry some kind of helping hand up. That is one thing. We can talk about whether that is corporate welfare, but we are not opposed.
For instance, if it were the shipbuilding industry and we wanted Canada to get back into shipbuilding, some kind of help to get the industry back on its feet can be justified, but the already most profitable industries, the oil industry, as well as the big banks who are showing record profits, are now going to get another gratuitous handout of up to $15 billion of money we do not have. So we are going to be raising taxes of ordinary Canadians to give a handout to the banks who in turn gouge those ordinary Canadians and have both hands in their pockets.
There is something fundamentally wrong with the mindset of anyone who would craft a financial instrument such as Bill C-9. It should be rejected, it should be opposed, and every member of the New Democratic Party can be counted on to oppose the bill and send it back where it came from for a complete rewrite, I would hope.