Mr. Speaker, I do appreciate the opportunity to speak to Bill C-44, the budget implementation bill.
When the federal government releases its annual budget, it is far more than simply numbers on a page. It is actually a declaration of intent, a vision statement of sorts; and so it is important for us to take time to learn about what exactly the government plans to do on behalf of Canadians, or perhaps it is in hindrance of Canadians.
On March 22, the Liberal government put forward budget 2017. In this 278 page document, the Liberals outlined their plan to spend the money of taxpayers.
We all know that I am a Conservative member of Parliament in this place. I believe governments should be as small as possible. I believe business owners should be provided with freedom to innovate and create jobs, and I believe in freedom of choice and the fact that it should be protected. Naturally, I look at the budget through a different lens than my counterparts do. As the member of Parliament for Lethbridge and as a Conservative, I was thoroughly disappointed by the budget.
The bottom line is this. The Liberals are hiking taxes, stalling on infrastructure spending, and doing little to help seniors, and they have zero plans in place for helping the rising generation. I have not even mentioned the fact that the Liberals are incurring a deficit load of $28.9 billion in this budget, which is a far cry from the $10 billion that they promised during the election. This would leave future generations with the task of paying for their reckless spending.
To be fair, there are a few measures in the budget that I would like to draw upon, and of course, many of them have to do with former Conservative initiatives that are now being expanded. One would be the caregiver tax credit that rolls three different Conservative tax credits into one. The Liberals continued also with the Conservatives' trend of providing greater access and flexibility to student loans to ensure adult learners have the resources they need to access training to improve their work prospects.
The budget would also provide new flexibility to mothers on maternity leave, and different flexibility for people on employment insurance to return to school. I do believe these are excellent or noteworthy changes. Unfortunately, however, these positives were overshadowed by an entire host of negatives.
With increased taxes on public transit, Uber, beer, wine, tobacco, home heating, and gasoline, life gets a lot more expensive for Canadians with budget 2017. These new taxes would make life less affordable and disproportionately affect those with low or fixed incomes.
Let us take a closer look. Budget 2017 would eliminate the public transit tax credit, which many of my constituents have told me would have a negative impact on them. Getting rid of this tax credit disproportionately affects those with disabilities and those on a fixed income, particularly seniors.
Furthermore, the Liberals decided to increase taxes on those who offer insurance to farmers and fishing properties, thus driving up the cost of insurance for those who are farming families in my community.
Budget 2017 would also increase taxes on tourists who visit Canada on a tour package, thereby driving up the cost of visiting our great country. It is a mystery to me why we would want to do that. This would result in job losses in the tourism sector, especially in regions such as Yukon and the Maritimes, who can afford it the least.
As already mentioned, courtesy of the Liberal government, every Canadian who enjoys a glass of wine, a bottle of beer, a cigarette, or taking Uber would now pay even more.
The Liberals have justified an astronomically high deficit by saying that much of the money will go toward infrastructure projects, which are meant to boost the economy, they would argue. However, since the Liberal government took office, 94% of approved projects have not yet broken ground. This is a huge problem. This means jobs are not being created, and it means that the economy is not being stimulated in the way the Liberals promised.
Budget 2017 contains no new infrastructure spending beyond what was announced in the 2016 fall economic update. As for Lethbridge, as the member of Parliament, I was really hoping to see greater funds become available for infrastructure projects within a medium-sized centre such as ours. However, that was not the case. Instead, we were left out in the cold. Why might that be? It is because the Liberals made all the money available to Liberal-friendly big cities like Toronto, Montreal, and Vancouver. There is zero new funding for small and medium cities like ours.
When it comes to helping seniors, budget 2017 is far more harmful than it is helpful. The Liberals scrapped the public transit credit, eliminated the family caregiver tax credit, and increased the cost of living by putting in place a carbon tax. To top it all off, the Prime Minister continues to refuse to put a minister for seniors in place. Right now in Canada, one in six people are seniors. They deserve more.
However, they are not the only ones. Canada's youth are put in a significant place of disadvantage with the budget. Instead of raising taxes, the Prime Minister really should have focused on job creation and policies that would lead to that. In the last year, Canadians aged 15 to 24 lost 42,000 full-time jobs. To make matters worse, the best solution the finance minister has to offer the younger generation is that they simply need to get used to what he calls “job churn”. This is absolutely unacceptable. We need to take this generation much more seriously.
Since being elected in 2015, I have had a chance to travel from coast to coast across the country, and I have talked to young people in each province as I have gone along. The biggest concern I hear over and over again is that they want to find meaningful employment after they graduate from university or college. Many youth have called upon the federal government to provide a tax incentive to employers who hire young people. Such an approach would allow the free market to reward job creation and, unlike government job programs, would result in long-term, well-paying jobs for these young people. I believe that budget 2017 was a missed opportunity to advocate for the rising generation.
Sadly, with this budget the Liberals are mortgaging the future of our great country, and it is our children who will ultimately have to foot the bill. It is extremely concerning to me that budget 2017 puts Liberals on track to spend $100 billion more than they will collect through tax revenue in the life of this government. This is like taking a $100 billion mortgage out, which our children and our grandchildren would be responsible for paying back. This is hard to justify, when our children and our grandchildren would see little to no benefit for this money.
In short, I will be voting against Bill C-44, the budget implementation bill. I cannot in good faith look my constituents in the eye and tell them that this budget is in fact in their best interest. Neither can the party opposite. The truth is that the Liberals have a spending problem. When it comes to spending my constituents' money, they cannot help themselves. They find that fun, and I am not okay with that. I am not okay with their raising taxes so they can pay their corporate cronies who come begging for government bailouts. The Liberals call it advancing innovation, but we know it is actually corporate welfare. The Liberals are taking from the poor and giving it to the rich. I believe that is absolutely, fundamentally wrong.
It is no surprise that the Prime Minister and his cabinet ministers keep getting caught holding swanky cash for access fundraisers with the business elite of Canada, or that the rich Bay Street business types and the Liberal-friendly think tanks are the ones that are benefiting from the Liberal government's policies.
Canada's economic future is looking a little uncertain. There are factors beyond our control, such as the unpredictable American government, that further advanced this uncertainty. This is why it is even more important than ever that we get our own house, our own country, in order first and foremost.
The budget points Canada into very dangerous economic waters. My job as a member of Parliament in this place is to defend the taxpayers, and this budget fails to respect their investment in this great country, the country we call Canada. Therefore, I will be voting against Bill C-44, the budget implementation bill.