Debates of Nov. 29th, 2021

An Act to Provide Further Support in Response to COVID-19

[Mark Gerretsen, Liberal, Kingston and the Islands, ON]

Mr. Speaker, it is worth contributing to this point of order. This member has been reprimanded about this by the Speaker not once, not twice but probably three times. I am pretty sure it is to the point that he is now purposely wearing this prop so he can be called out on a point of order repeatedly and that brings attention to the fact that he is doing it.

I encourage you to talk to the Speaker to figure out a way for this to be resolved permanently with this member, so we do not continually have to bring up this point of order.

[Warren Steinley, Conservative, Regina—Lewvan, SK]

Mr. Speaker, despite the fact that I know how distasteful those members find the oil and gas sector of our country and that they would rather depend on foreign oil, the pin says “I love Canada”. It says nothing about oil and gas.

[The Deputy Speaker, Conservative, Chris d'Entremont]

Order. please. The hon. member for Bow River on this point of order.

[Martin Shields, Conservative, Bow River, AB]

Mr. Speaker, as to what the member is bringing up, it has “I love Canada” and nothing else on it. Is that a problem? That is all it says on this button.

[The Deputy Speaker, Conservative, Chris d'Entremont]

I want to thank everybody for those interventions.

I think we all try our best not to cause disruption in the chamber. The idea of wearing some kind of button or slogan is always a challenge in the House of Commons. I believe the member has been warned a couple of times on what pins might be worn or not worn in the House of Commons. I will take that under advisement and move forward.

Questions and comments, the hon. member for Abitibi—Baie-James—Nunavik—Eeyou.

[Sylvie Bérubé, Bloc, Abitibi—Baie-James—Nunavik—Eeyou, QC]

Mr. Speaker, my colleague from the Liberal Party mentioned earlier that the old age security benefit was for seniors aged 75 and over, but I think it is more pertinent to talk about seniors aged 65 and over.

I want to come back to what he said. We had an unnecessary election that delayed the introduction of new programs. That is very clear and, as a result, our discussions and our work in the House on the new programs have also been delayed.

It is also important to remember that self-employed workers do not currently have access to EI. Bill C-2 does not provide any financial support to self-employed workers in this area. We are extremely disappointed.

We are also worried about self-employed workers because they might have to change jobs this winter, and the stakes will be higher then.

What does the government want to do? Does it want to do something to improve Bill C-2?

[Wayne Long, Liberal, Saint John—Rothesay, NB]

Mr. Speaker, our government was there to help to workers, self-employed workers, artists, small business owners and tourism operators. Our government delivered programs that basically touched almost everybody in Canada in one way, shape or form. Whether it was the wage subsidy, rent support or a CEBA loan, there were all kinds of opportunities, even through the RRRF regionally.

Again, I am immensely proud of the programs that my government delivered to support Canadians. We had the backs of Canadians and we will always have their backs.

[Mark Gerretsen, Liberal, Kingston and the Islands, ON]

Mr. Speaker, I am really glad that my colleague brought up some of the history with respect to previous Conservative governments. In fact, his information is extremely accurate. Of all the budgets that were brought in by Brian Mulroney and Stephen Harper, only two of them did not run a deficit. One was on the heels of Paul Martin's surplus and the other was in 2015, like he noted, when the Conservatives slashed Veterans Affairs and sold off shares of GM at bargain prices in order to balance the budget to go into an election.

Could the member shed some light on why the Conservatives seem to think they are so incredible when it comes to the economy when history does not support it?

[Wayne Long, Liberal, Saint John—Rothesay, NB]

Mr. Speaker, it absolutely baffles me that the party opposite holds itself up as a steward of the economy. It does not have the record to show that, it does not have any results and it ran deficit after deficit. Actually, two former Bank of Canada governors, who were appointed by that government, do not agree with its economic policies. We should think about that.

[Stephanie Kusie, Conservative, Calgary Midnapore, AB]

Mr. Speaker, it is a pleasure to be here. I will be splitting my time with the member for St. Albert—Edmonton. He has always got such incredibly intelligent debate and I always look forward to his words.

I am so thrilled to be back in the House. I very much thank the people of Calgary Midnapore for returning me to the chamber with the highest percentile of votes in Calgary, the highest percentile of votes in any major centre and what I am most proud of, the greatest number of votes for any woman in Canada. It is an honour to be back in the House.

I would also like to take a moment to thank my team, which was so incredible throughout the election. I would like to thank my campaign manager, Mr. Justin Gotfried, the son of Richard Gotfried, the MLA for Calgary-Fish Creek. I would also like the thank Katie Cook who was my communications point person and my sister Holly Schramm who served as my official agent, keeping me in line and out of trouble with those books. I would also like to thank all the incredible volunteers. I would like to thank my parents Keith and Angie Schramm, who are still my constituents to this day, and my very good friends who I grew up with in Calgary Midnapore who put out signs and raised money for me, Joanna Shaw Morin and Caroline Baynes. Of course, I cannot go without thanking the loves of my life, my husband James Kusie and my beautiful son Edward Kusie who supported me in this journey back to the House of Commons. I thank them and I love them.

Again, I thank so much the people of Calgary Midnapore.

Here we are again in the House debating legislation on new benefits. As the member across the aisle indicated, yes, we on this side of the House were very collaborative and certainly went along with the government's requests for funds and for programs, because we care about Canadians. We are compassionate individuals and we knew that was what Canadians needed at that time.

I will give a brief history of all the times we went along with the legislation despite concerns because we knew that was what Canadians needed at that time.

Let us go back to March 13, 2020, when Bill C-12, an act to amend the Financial Administration Act, was presented; one billion dollars in funding for approval. We did not put up a fuss on this side. In fact, it received royal assent the very same day.

Let us go forward a little further into time. On March 24, 2020, we had Bill C-13, an act respecting certain measures in response to COVID-19. As the shadow minister for families and social development at that time, it was legislation to fix the shortcomings that the government missed at the time it created the original legislation, but, one again, we did not put up a fuss on this side of the House. We recognized that was what Canadians needed at that time. That bill also received approval from the House that day and royal assent the very next day.

On April 11, 2020, there was a second act respecting certain measures in response to COVID-19, Bill C-14,, which was CEWS, and we know there were certainly a lot of faults with that at the beginning, as well as the CERB. It received royal assent the very same day. Again, I am just pointing out the collaboration this side of the House had always provided the government in getting Canadians the benefits they need.

Here we are again today, being asked to approve Bill C-2, but we are in a different time. We are heading out of the pandemic. I recognize we have the omicron variant, and I hope no fifth wave, but Canadians want to move forward into the future.

Therefore, I have a message for the government today, and it is that you do not get a blank cheque.

It is time to move our economy from benefits to jobs, and I am very proud to say that as the new shadow minister for employment future workforce development and disability inclusion. We currently have one million job openings, with a 16.4% jump from August to September alone. That is incredible.

One-fifth of those are in the hospitality sector. Other major vacancies occur in these critical health care sectors, including nurses and psychiatric nurses. We have heard in the House about the crisis in the trucking industry, how the average age of truckers is near retirement age and how there are just no new workers coming forward to take these positions. In fact, over one-third of employers have indicated that they have limited their growth in general as a result of not being able to find employees.

This affects every region and so many sectors. I said this when I made my request for an emergency debate on Friday to have a discussion about the shortage of workers in the country. It affects Quebec, the manufacturing sector in Ontario and of course the tourism sector in my home province of Alberta. For this reason again, I say again to the members opposite, “You don't get a blank cheque.”

I would like to move on to something that is very uncomfortable to talk about, and that is the fraud that we have seen with these programs. In fact, FINTRAC reported that there were organized criminals who knowingly and actively defrauded the government with both CERB and CEBA programs, that social media was used to recruit people, and in fact that stolen identifications were used in an effort to get these funds. There was the use of prepaid cards to prevent a paper trail, so they were very smart about this. They knew what they were doing, unfortunately for the government.

In addition, there were individuals who received these funds while not even living in Canada and in fact living in jurisdictions of concern, countries that posed a higher money-laundering or terrorist financing risk. From the start of 2020 until October 31, 30,095 suspicious transaction reports were registered for COVID-related benefits. That is over 30,000. Sadly, 30,000 of those also dealt with human trafficking and drugs, two issues on which the government has failed, but prosecutions are unlikely. Why? In July 2020, the Canadian Revenue Agency advised the House of Commons finance committee that the program had been targeted by organized crime and that Canada does not prioritize the investigation and prosecution of financial criminals. In fact, in the past decade alone, Canada has secured fewer than, wait for it, fewer than 50 laundering convictions. The government is not taking organized crime seriously. Again, for that reason, “You don't get a blank cheque.”

Finally, we in this country need to get a grip on inflation. Canada is among the top 10 countries with the highest inflation rates in the G20. Canada has the second-highest inflation rate in the G7, second only to the United States, which I know the government thought it would get along better with, since the Liberals still talk about the previous president all the time. Rates are predicted to reach 4.9% this month, a three-decade high, and are expected to stay there well into 2022.

Some provinces, including Prince Edward Island, are experiencing rates as high as 6.3%, and unfortunately it is low-income Canadians who spend one-third on shelter and 15% on food and higher energy prices. We cannot control the pandemic, but we can control spending. There was $74 billion on the CRB and there will be $8 billion for Bill C-2 if it passes. We should investigate the fraud. We should evaluate this further. Perhaps we should bring it to the finance committee if the Liberals are willing to strike the finance committee up again, but my final message to them is this: “You don't get a blank cheque.”

[The Deputy Speaker, Conservative, Chris d'Entremont]

I know the usage of “you” as through me. I understand I am not writing a blank cheque and I cannot respond on behalf of the government either.

Questions and comments, the hon. member for Kings—Hants.

[Kody Blois, Liberal, Kings—Hants, NS]

Mr. Speaker, you better not be giving out any blank cheques, because the member certainly has been directing those questions through you.

I watched the member's speech both earlier in the House as well as from the government lobby. I know the member across the way is very passionate, but I do not think she does a whole lot to advance her cause in a credible way.

I want to say a couple of things on the blank cheque piece. We are in a minority Parliament. We were in a minority in the 43rd Parliament. The government had no blank cheques. We worked with parliamentarians of all stripes to be able to pass legislation here. We had to work with members from all sides. I presume the member opposite actually voted against some of the support measures.

Let us talk about Bill C-2, because that is why we are here today. Does the member support Bill C-2 and the measures that are going to support the Canadian businesses that are still impacted, yes or no?

[Stephanie Kusie, Conservative, Calgary Midnapore, AB]

Mr. Speaker, I think it is very apparent that the government wanted a blank cheque from the very beginning. Fortunately, it was the member for Carleton who was able to recognize it at the time and make those amendments so that Canadians were not on the line for that.

As well, I will say this. We outlined four incidents at the very beginning of the pandemic where we collaborated and acted with compassion, because we care about Canadians and our citizens. We have compassion, but we also have that oversight. I think Canadians really value and appreciate that we definitely will not provide blank cheques, but will always do what is necessary for Canadians.

[Stéphane Bergeron, Bloc, Montarville, QC]

Mr. Speaker, we are studying a bill on providing support to certain sectors of the economy. I think that is entirely appropriate.

At the height of the pandemic, we saw the limitations of our health care system. The government keeps saying that we have to take care of our health care system, but falls short on taking meaningful action to do so. I would like the government to stop invoking health like an incantation.

What needs to happen is an increase in health transfers. The federal government promised a long time ago to cover 50% of health care costs in Canada; it now covers only 23%. However, when we ask the Prime Minister to keep his promise, he tells us we are asking for a blank cheque, the term our Conservative colleague used several times. It seems like the government is the one asking us for blank cheques and refusing to do what it promised, namely increase and maintain a 50% contribution to health care.

The provinces are calling for an increased contribution for health care from the federal government, which is absolutely necessary during a pandemic, since we have seen the limitations of our health care system. What does our colleague think of the Prime Minister's claim that this is akin to asking for a blank cheque?

[Stephanie Kusie, Conservative, Calgary Midnapore, AB]

Mr. Speaker, I think we can see that, much like the Liberals, the Bloc Québécois wants to live in the past. We, the Conservatives, are living in the now. We can see that with the question we heard from our Quebec caucus of the Conservative Party this week. It had to do with a very important issue for Quebec and for the members of the Conservative caucus, namely, the labour shortage. We, the Conservatives, are thinking about the future, and the Bloc Québécois is thinking about the past. I think it is important for the Bloc Québécois to think about the future like the Quebec caucus of the Conservative Party.

[Michael Cooper, Conservative, St. Albert—Edmonton, AB]

Mr. Speaker, it is great to see you in that chair.

It is really an honour to rise in the House for the first time in the 44th Parliament.

Before I speak to Bill C-2 and this government's out-of-control spending, let me take this opportunity to thank the residents of St. Albert—Edmonton for placing their trust and confidence in me for the third time. It is a great honour, indeed it is the highest honour of my life and a great privilege to serve in this place. With that honour and that privilege come many important responsibilities that I take with the utmost seriousness.

While it is not possible to thank all those who helped me through the campaign, because there were so many, I want to acknowledge and thank my campaign manager, Jeff Wedman, for his leadership. Most importantly, I want to thank my parents, Tom and Rita Cooper, who worked harder than just about anyone on my campaign. Without their steadfast support, I could not have done it, and so I thank them.

On to the substance of Bill C-2, it is legislation that proposes to spend billions and billions of dollars. This is billions and billions on top of this Liberal government's $635-billion spending spree in 2020, and billions and billions on top of the $101 billion of additional spending provided for in last spring's budget. With this blizzard of spending, it is difficult to keep track of it all. It begs the question: Where is all this money coming from? Simply put, this government is spending money it does not have. What it is doing in an unprecedented fashion is printing money.

To put this in some context, when this government delivered an historic $354-billion deficit, the largest deficit in Canadian history, the Bank of Canada bought 80% of the government's debt. Over the past year, we have seen a massive increase in the supply of money, a 23% increase. This is unprecedented in modern times. Indeed, we would have to go back to the early 1970s, 50 years ago, to match the increase in the supply of money.

Now, in the face of historic deficits and the doubling of the national debt in less than two years as a result of this barrage of Liberal spending, the approach of this government is to say, “There's no issue. We can turn on the taps and keep the tap going without consequence.”

During the spring of 2020, I served on the finance committee when this government started to turn on the tap in a big way. I vividly recall my good friend, the member for Carleton, warning the government that all this spending would soon lead to inflation. I vividly recall ministers on the other side of the House dismissing out of hand the warnings of the member for Carleton, notwithstanding that his concerns, his warnings, were grounded upon empirical economic science, and notwithstanding that those concerns were grounded upon economic history. “Oh no,” they said, “Forget inflation. Let us talk about deflation.”

They said the rules did not apply to them, that it was 2020 and those were old rules. They said interest rates were low and that now was the time to spend and double and triple down.

Fast-forward a year and a half and, surprise, surprise, the member for Carleton was right and the government was wrong, because we have seen record levels of inflation. It was 4.7% in October. What does 4.7% mean? It is well more than double the Bank of Canada target of 2%, but even more worrying is that it is some 40% above the upper range of the Bank of Canada's control range of 3%. It is not as if this is an aberration. It is not as if this is a one-off. We have seen, for the past seven months, inflation above 3%, again above the upper end of the Bank of Canada's control range of 3% and well above the Bank of Canada's target of 2%.

Recently, we heard the Prime Minister say that he does not think about monetary policy. It is quite shocking on some level for him to say that. Why is it that the Prime Minister would not be thinking about monetary policy? Is he kidding? However, to give the Prime Minister some credit, it might be the first time in his life that he actually told the truth, because if there is one thing that Canadians have learned about the Prime Minister over the past six years it is that he does not think much about anything other than himself.

Consistent with the fact that the Prime Minister does not think much about anything, literally in the next breath, after he said he does not think about monetary policy, he said that he thinks about families. Here is a news flash for the Prime Minister: If there is any group of Canadians who are thinking about inflation, it is hard-working everyday families, because it is they who are paying the brunt of the Prime Minister's inflation tax. Thanks to the Prime Minister, for everyday working Canadians, prices are rising while wages are declining. Indeed, right now inflation is growing at two and a half times the rate of wages.

The cost of living is getting more expensive. The cost of essentials is going through the roof. We are talking about a 30% increase for gasoline and double-digit increases for essential food products. We have the third-highest level of food inflation in the G7. For home heating, there is a double-digit increase. I know that does not mean much to the Prime Minister, but for everyday Canadians working hard to put food on the table and to pay their rent or mortgage it is a big deal, especially at a time when 40% of Canadians are $200 away from insolvency.

If the Prime Minister really does think about families and he really does care about families, it is long past due that he starts to think about monetary policy and starts to think about inflation and his disastrous policies. He should not only think about this, but come back to the House with a plan to get spending under control, to tamp down inflation and to restore sound monetary policy.

[Mark Gerretsen, Liberal, Kingston and the Islands, ON]

Mr. Speaker, I listened to what the member said, and he said that thanks to the Prime Minister, inflation is where it is. Suddenly, the Conservatives have now come to the conclusion that the Prime Minister of Canada is capable of altering the inflation rate throughout the world. The member says that inflation in Canada is among the highest when it is actually well below the average of the developed countries, the OECD countries, in the world.

Can the member please explain how the Prime Minister was able to affect global inflation in the way he did?

[Michael Cooper, Conservative, St. Albert—Edmonton, AB]

Mr. Speaker, with the greatest respect to my friend, the member for Kingston and the Islands, under the Prime Minister's watch, our inflation is the second highest in the G7. I would submit that is hardly a record to be proud of. I would further note that the member's finance minister has now belatedly admitted that we have an inflation crisis.

[Marie-Hélène Gaudreau, Bloc, Laurentides—Labelle, QC]

Mr. Speaker, I commend you not only for recognizing the riding of Laurentides—Labelle but also for your appointment.

Some excellent points have been raised with regard to Bill C-2, which seeks to provide assistance to businesses and individuals. However, as has already been mentioned, we are very disappointed that there is nothing in the bill to help self-employed workers.

Does my colleague think that we could improve this bill to ensure that artists can get the help they need? Most of them are low-income.

[Michael Cooper, Conservative, St. Albert—Edmonton, AB]

Mr. Speaker, on this side of the House we are going to study the bill carefully and identify where there are gaps.

The member is quite right when she speaks of the cultural sector, which has been uniquely hurt as a result of COVID. I think it speaks to a broader problem. We have seen a government that has spent a firehose of money, in many cases giving it to people and sectors that did not need it, all the while leaving behind some of the hardest-hit sectors. It speaks to why the government has really missed the mark. For the longest time, we did not need an economy-wide stimulus program; what we needed was a targeted sector-by-sector approach.

[Alistair MacGregor, NDP, Cowichan—Malahat—Langford, BC]

Mr. Speaker, I would like to thank my colleague for his speech and welcome him back to the House. We are both alumni from the class of 2015.

I want to acknowledge inflation. In the last election, affordability issues were top of mind for so many voters in Cowichan—Malahat—Langford, but we have a situation where when the CRB ended, there were still nearly 900,000 workers accessing that program. In my riding, despite the fact that this program ended over a month ago, we still have many “help wanted” signs, so there is a disconnect here. I am very concerned when we start talking about cutting back these kinds of programs, because they are usually built on the backs of Canadians who can least afford to live. That is why I came to Ottawa. I pledged to make sure that millionaires and billionaires pay their fair share so that the working Canadians in this country are not bearing the brunt of costs.

I am wondering if my colleague can expand on this. What will we do for those very vulnerable workers who are still unable to find appropriate work and are being left in a very precarious position by the ending of these support programs?

[Michael Cooper, Conservative, St. Albert—Edmonton, AB]

Mr. Speaker, I think my friend, the member for Cowichan—Malahat—Langford, raises a valid point. We need to do our part to ensure that those who are vulnerable, unable to work or marginalized have the supports and are not hung out to dry. More broadly speaking, what we have to return to is a paycheque economy by reopening the economy and getting it moving again. Unfortunately, under the government's watch we are badly lagging behind other G7 countries.

[Ryan Turnbull, Liberal, Whitby, ON]

Mr. Speaker, let me congratulate you and the people of West Nova for your re-election. We appreciate the important role that the Speaker plays in our parliamentary system.

As this is my first speech in the House in the 44th Parliament, I would like to thank the people of Whitby, who have put their trust in me to be a strong, rational voice for them in the House, and I do stress rational. Their trust and support is not something I ever take for granted, and I will seek to do my very best every day to move our country forward in a way that brings value to them and their lives. Whether it be advocating for specific projects like a geothermal district energy solution to help us get to net zero, a community building with 500 units of net-zero housing, a Whitby sports complex or a skilled trades innovation centre, I am working to make a tangible difference in our community. I am also committed to being a conduit for them to give input in the legislative process, as we have done throughout the pandemic so far.

I will also try to provide strategic leadership on how we create a stronger local innovation ecosystem and build affordable housing and enhance our two downtowns. Whitby is very fortunate to have Brooklin and Whitby as downtowns in our community, so we have two downtowns to build.

I will always seek to be a strong, reliable and responsive MP who is a source creative solutions, and I seek to enhance the work that our government is doing. I thank Whitby again for its support and thank residents for being actively engaged with my office and team on a regular basis. Their input makes me a better MP.

Also, I would like to take a moment to thank the two most important women in my life, who make it possible for me to be here and whose effort and support mean the world to me. They are my wife Suze and my daughter Alexis. I love them both beyond words and appreciate all the sacrifices they have made and continue to make so that I may do the very important work the people of Whitby have elected me to do. Knowing they are both on my team makes all the difference.

I also should take this opportunity to quickly and emphatically thank all the many dedicated volunteers in Whitby who supported me in my campaign. Their dedication to civic engagement is a source of inspiration for me every day, so I thank them very much for all their support.

On the topic at hand, we know that throughout the pandemic the waves of COVID-19 have caused immeasurable hardship and countless challenges for the average small business owners. Whether they run an established business or a recent start-up, or they have a family-run business or are self-employed, their business is their livelihood. They have put countless hours and blood, sweat and tears into starting and growing their business.

As a small business owner myself for over 12 years, who gave advice and provided hands-on support to help entrepreneurs start new businesses, I have first-hand knowledge of the many challenges businesses face in the best of times. I have helped many business owners manage and scale their businesses. However, operating a business over the last 20 months has been like no period I can remember. No one had experience running a business through a global pandemic. There was no road map. However, I have been regularly checking in with local businesses in my riding throughout this time and listening deeply.

We all need to acknowledge what entrepreneurs, business owners and sole proprietors have experienced and endured over the past 20 months. It is bordering on almost unbearable, frankly. These times have been tougher than ever and filled with uncertainty, frustration, anxiety and disappointment because of the worst public health crisis in 100 years and the necessary health restrictions put in place to protect people's health and safety.

I want to acknowledge that all those business owners have been through an emotional roller coaster. I want to let all business owners out there know, especially in Whitby, that I have been listening and I feel their stress.

That said, our government has done its utmost to ensure that business owners were consulted across Canada throughout the pandemic and that we offered broad-based and inclusive supports to the greatest number of businesses. Programs were designed in a way targeted to meet the needs of those businesses, and they were modified over and over again until they essentially filled all the gaps that were initially discovered.

As everyone can appreciate, our government rolled out these broad programs in record time, providing pandemic-related financial support to hundreds of thousands of businesses across Canada.

In Whitby alone, we had 4,100 businesses avail themselves of the CEBA loan, for example. The combination of worker benefits such as CERB, and later CRB, and the business supports such as the wage subsidy, rent subsidy and the $40,000 to $60,000 partially forgivable, zero-interest business loans provided a life raft to these businesses. They enabled these business owners to weather probably one of the most turbulent times in their lives.

These programs and others insulated the Canadian economy from the worst economic scarring that surely would have resulted from widespread business closures if our government had not stepped up and shouldered the burden so that Canadian families and businesses would not have to.

The recovery period would have been significantly extended and the trough of economic decline would have been much more painful, as the Great Depression was, had our government not acted quickly and provided the extensive programs that brought financial support to Canadians. We need to remember that $8 out of every $10 in pandemic supports came from the federal government. Yes, our government did the heavy lifting.

Things have now changed. We are entering a new chapter of the pandemic story line as the COVID-19 virus has gone through successive waves. At this point our case numbers are relatively low, although recent numbers are going up in our province, which I admit is very concerning. Vaccination rates are high. The general public has become accustomed to masking and social distancing, and we have gone back to many of the activities that we were once asked to give up for the sake of our collective health and safety. Let us remember our vaccination rate is one of the highest in the world, and we have just recently had the welcome news of vaccines being approved for children between the ages of five and 11 years old. This is a huge contribution to the fight against COVID-19.

We have also seen one million jobs recovered that were lost due to the pandemic. Canada has had one of the most robust recoveries so far and is primed for growth. We just have to compare Canada with our southern neighbours and we will see that Canada's job recovery has far surpassed the U.S., at 100% compared with 81%.

Our government predicted a long time ago that the rise in public expenditure for COVID-19 financial supports would be sizable in order to ensure a strong, robust and speedy recovery. It was also predictable that as the pandemic conditions changed for the better, eventually these broad-based programs would no longer be necessary and would gradually be dialed back or stopped and replaced with more targeted measures. This is exactly what we are seeing with Bill C-2.

Out of prudence and fiscal responsibility, our government realizes that there is no longer widespread support for broad-based programs and they are no longer necessary. What was once necessary in the minds of the public is no longer necessarily justified. The legislation has been proposed. Bill C-2 aims to provide more targeted supports for several categories of businesses that are still struggling, including hospitality and tourism, and other industries that have been the hardest hit, while building in flexibility to provide support in circumstances where regional surges in COVID-19 case numbers necessitate further lockdowns and make businesses vulnerable again.

Bill C-2 aims to extend the Canada recovery hiring program until May 7, 2022, for eligible businesses with current revenue losses above 10%, and to increase the subsidy rate to 50%. Bill C-2 also aims to create important essential programs: The tourism and hospitality recovery program will continue to provide wage and rent subsidies at a rate of up to 75% to businesses operating in tourism and hospitality. These include hotels, tour operators, travel agencies, restaurants, pubs, food trucks, coffee shops, hotels, motels, cottages, bed and breakfasts, youth hostels, live performances, exhibits, museums, zoos, nature parks and dinner cruises. The list goes on. I can tell members that in my community we really need these supports.

Bill C-2 is going to help the hardest-hit industries get through the rest of this pandemic. Their revenues are not expected to return until at least six months from now. I urge all members of the House to support the safe and speedy passage of Bill C-2.

[Shannon Stubbs, Conservative, Lakeland, AB]

Mr. Speaker, the consequence of the Liberals' high-taxing, big-spending record-deficits agenda is the highest inflation in Canada in 18 years, and skyrocketing costs for everything for all Canadians.

Everyone here supports targeted emergency funds for vulnerable people and vulnerable businesses. However, why do the Liberals not also have a plan for the future to get the budget under control, to stop printing money and to cut taxes and red tape so that all Canadians and small businesses can thrive?

[Ryan Turnbull, Liberal, Whitby, ON]

Mr. Speaker, we know that countries around the world are experiencing inflation, some more and some less.

We know that Canada is being affected by global supply chain interruptions, and the shortage of supply of some items means the demand is outpacing the supply, hence the increased prices. Supply-side shocks also mean that there are added costs to getting products to market, again putting an upward pressure on prices. We also know that former Bank of Canada governor Stephen Poloz has said that government spending and stimulus are not to blame for increased inflation.