House of Commons Hansard #47 of the 44th Parliament, 1st Session. (The original version is on Parliament's site.) The word of the day was inflation.

Topics

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:20 p.m.

Conservative

Eric Duncan Conservative Stormont—Dundas—South Glengarry, ON

Madam Speaker, it is a pleasure, as always, to rise in the House to represent what I feel are the views in my riding of Stormont—Dundas—South Glengarry, in eastern Ontario, in response to the government's economic plan. Since it tabled this legislation, which we have been debating over the last couple months, last week's circumstance of the surprise but unsurprising deal between the NDP and the Liberals blew up the fiscal framework, several parts of which are in the bill and are going to be in subsequent budgets over the course of the next couple of years.

This specific piece of legislation has $70 billion in new inflationary spending. One thing I say to constituents very often when we are talking about support for and the funding of various programs is that it is very easy to say that we are going to fund programs A, B, C and D. That is the motherhood and apple pie of our job. The difficult part, which I believe Canadians are paying more attention to, is the financial situation and stability that our country faces.

Every single dollar in this bill, if not every single part of it, is new debt and deficit to our Canadian treasury. Canadians hear the statistic, as confirmed in the bill, that our national debt is now $1.2 trillion and growing, and one of the things we hear about is ideas. Parliament is for proposing ideas, and we are all here to make life better for Canadians. However, like in many of these bills, discussions and debates, putting the paid-for aspects on the Canadian credit card, for lack of a better term, is not talked about by the NDP and Liberal deal.

I have to laugh as I say that. As an aside, we ask if it is a coalition, an agreement, a friendship, a pact or a Kumbaya. Whatever it is, there is a framework and deal when it comes to the fiscal policy of this country over the course of the next few years. I would argue that from a technical perspective, the parties have a right in Parliament to come up with this agreement. I will not deny that. However, I think there is an ethical challenge here in terms of the openness and transparency of it. Millions of people voted for the NDP and did not vote to give the Liberal government, when it comes to committee or other measures, a free pass. Alternatively, there are many people who voted for Liberal candidates across the country who did not agree, on top of already having a deficit, to billions and billions of dollars of additional money.

The Parliamentary Budget Officer, who does great work, has had a couple of great reports that I think show a few things when it comes to the fiscal framework proposed by the government and NDP team. When it comes to the proposed stimulus spending, the PBO said, “It appears to me that the rationale for the additional spending initially set aside as ‘stimulus’ no longer exists.” He also said, “Yes, they can” in response to being asked if government deficits can contribute to inflation.

Given the bigger picture here when we look at the economic situation and this economic bill, there is a clear contrast between us on the opposition side as Conservatives and this proposed bill from the Liberals and the NDP. There are a few things I want to talk about in my comments today that provide the contrast. Other ideas are better solutions for moving this country forward, getting back to normalcy, getting our fiscal house in order and addressing many of the growing challenges and situations I am hearing about in my riding and beyond.

Housing is an example. I have spoken nearly every time I have risen in the House for the past couple of months about the growing crisis, not only in the housing market but in the rental market in the city of Cornwall, the united counties of SDG and parts of Akwesasne as well. That is a microcosm of what is happening nationally.

What is in this legislation is not a ban on foreign buyers, which was promised. We believe they should be banned for two years. That could help cool the market, particularly in larger cities.

One of the other things we talked about, and a new motion coming up is proposing ideas on it, is the government's proposed fiscal policy when it comes to housing and the first-time homebuyer shared equity program. It has been an abject failure, number one because of the participation numbers in it. The idea that the government would help give shared equity to Canadians to buy their homes may be admirable at face value to some, but all that is going to do is further inflate an already expensive housing market.

If we provide an extra $100,000 or $200,000 to help people afford a home, all that will do is to let sellers know, when there are 13 or 14 people bidding on a house in the city of Cornwall, that they have an extra $100,000 or $200,000 more in leverage to inflate the market. This is more government debt and more government printing. It is not actually lowering prices and making home ownership more affordable. It is increasing debt and increasing prices and not addressing the fundamental aspect.

I have to call out another slap to Canadians, which is the bonuses that were given at the Canadian Mortgage and Housing Corporation, which were released a few weeks ago. CMHC is an organization that has a literal mandate to make sure Canadians have housing affordability. I do not need to summarize where we are with that in this country. Housing prices, nationally, have doubled. In our riding, housing prices are over $400,000. That has doubled in the past five years of this housing crisis.

The very benchmark of the Canadian Mortgage and Housing Corporation is to make housing affordable. The absolute opposite has happened. For more people, the dream of home ownership and affordability is out the window, but CMHC, the Liberal minister responsible for housing and the Liberal government gave $40 million in bonuses to employees at the organization. That is a slap in the face to the 30-year-old who is living in their parent's basement because they cannot afford their dream of home ownership and who cannot afford rent because we do not have supply. I do not know what shows more of the contrast in what we are doing.

The cost of living and inflation is at a 30-year high, the highest in nearly my entire lifetime of 34 years. At the rate we are going, when we get there, we will set another record in the coming months.

When we talk about contrast, I say each time that our job as opposition is to hold the government to account on what they have proposed but also to put our money where our mouth is. If we were on the other side of the aisle, since this is Parliament and we can propose ideas, what would we do?

I have to say, I have been very proud of my Conservative colleagues over the course of the last couple of weeks. They have highlighted a few issues that, I believe, provide a direct contrast with the plans proposed by the Liberals and the NDP.

First of all, we need to get opened back up. We need to end federal mandates, vaccine mandates and travel requirements. We have heard from employers, and we have heard from the travel and tourism industry, that they are very nervous about the year ahead. Based on where the science is at, not where it was two years ago, but here today at the end of March 2022, we can lift those mandates and get our country opened up. We can be back for business. We can be welcoming international visitors safely and smartly and get our economic engine firing at 100% again.

We lost that battle. We proposed that idea and, again, the Liberal and NDP coalition, friendship, team, pack or whatever we call them, did not agree with that.

Last week in our opposition day motion, which was one of the days last week, when we had the debate and then the vote right afterwards, was something we tried to put on record and did get on record. Unfortunately we were unsuccessful, again because of the other parties, but we talked about the high price of gas and many other goods in the country.

There are two things here. Number one is that we asked for a break on GST on fuel. I came into Ottawa last night from the riding. I stopped in Monkland to fill up with gas. It was over $1.70 a litre. I know there are a lot of people in Stormont—Dundas—South Glengarry who have to drive to work. There is not a subway or LRT option in Monkland or Iroquois or Crysler. I do not think there is one coming anytime soon. Driving a car to get to work or to go to hockey practice is essential when living in a rural area.

We called for a gas tax break. It was voted down. It would not solve the affordability problem, but it could have given some tax relief at a time when Canadians truly need it.

The other problem we have to confront, which the government is not doing through their economic policies, is that the carbon tax is set to increase again later this week. We are saying that, if we are not going to give a break to Canadians at the pumps when prices are high, at least do not increase taxes on everybody on April 1. That was declined.

In a democracy, there are going to be contrasts. Our contrast is quite clear. We understand the cost of living. We understand the need for relief for Canadians. When it comes to housing, we have a fundamentally different approach.

For those reasons, again, I do not support the economic and fiscal update tabled by the government. I have a feeling that with the new deal between the Liberals and the NDP, I do not see ourselves doing so in the coming years either. We will see, here on the floor of the House of Commons, further constructive ideas from Conservatives.

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:30 p.m.

Bloc

Martin Champoux Bloc Drummond, QC

Madam Speaker, I have nothing against the idea of taxing vacant property, especially foreign-owned property, as the underused housing tax proposes, since that helps calm the overheated market.

However, this is the first time the federal government is so directly and so heavily encroaching on provincial jurisdictions—and even municipal ones, in this case.

Does my colleague not believe that instead of encroaching so blatantly on the jurisdictions of other levels of government, the government should instead sit down with the main stakeholders and determine the best way the federal level can help in this particular file?

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:35 p.m.

Conservative

Eric Duncan Conservative Stormont—Dundas—South Glengarry, ON

Madam Speaker, I thank my colleague from the Bloc Québécois for his question and his intervention.

In this section, there is a 1% tax on vacated homes. I would use as an example, in the province of Quebec, perhaps the city of Montreal, where housing prices are in the millions of dollars. With no disrespect to the 1%, that could be into the tens of thousands of dollars. I would argue that it does not disincentivize some people, if they are those who can afford to spend $3 million or $4 million to buy a home and leave it vacant. We have asked at different committees what that correlation would actually do to cool the market. It remains to be seen.

What I will offer is an alternative, and I will agree with my colleague. Working with provinces and municipalities, we need to look at banning foreign buyers who are in it for profit and investment from getting into the system. I believe that tool, which is not included, could actually cool the market more than what is being proposed in this legislation.

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:35 p.m.

NDP

Brian Masse NDP Windsor West, ON

Madam Speaker, I want to talk a bit about the gas tax situation that my colleague referred to. It is a very serious one.

First of all, one of the things that this chamber did do was pass a petroleum monitoring agency. That was passed in this chamber, and it was actually funded. After that, the Harper administration then cancelled it. We had a transparent, independent body to enforce it, similar to what they have in the United States where we actually see rack pricing announced every single week. Therefore, they can track the price of refinement to the pump.

That was one of the big problems about the proposed Conservative motion. There was no guarantee that this would be passed on to consumers. Why did the Conservatives get rid of the petroleum monitoring agency? Why do we have less transparency and accountability for gas pricing than our American neighbours, who enjoy such a privileged system versus us here, especially when many of the Conservatives want to have some type of similar standard regulation?

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:35 p.m.

Conservative

Eric Duncan Conservative Stormont—Dundas—South Glengarry, ON

Madam Speaker, I will say two points on that.

Number one, it is one thing to monitor and track pricing, pricing changes and the correlations between them. There is a difference between that and our proposal, which would have lowered the price and taken the GST off fuel as an option, particularly when prices at the pumps are very high. It would have been a tangible, direct way to give back. That is number one in terms of providing relief.

The second item I would argue, and it is our proposal, is to not increase taxes. They do not need tracking or monitoring to know that on April 1 the carbon tax is going to go up again, and it will go up every April 1. We are saying we can pause that. We could stop that increase. The Liberals and the NDP have the opportunity to not increase taxes on April 1. We could talk about speculation and markets and look at observing. We could talk about concrete ways we can actually lower the cost of living and the price of fuel for Canadians during these challenging times.

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:35 p.m.

Conservative

Colin Carrie Conservative Oshawa, ON

Madam Speaker, it is always a pleasure to rise in the House and talk about the priorities of Oshawa. I get to speak to Bill C-8, an act to implement certain provisions of the economic and fiscal update.

However, first I want to say that we are living in unprecedented times. Last Thursday, I was in Oshawa at the 401 rally for Ukraine. Who would have thought that, in our lifetime, we would be seeing a war in Europe? Certainly our thoughts and prayers are with our friends and families in the Ukrainian community, in Ukraine, Canada and Oshawa. We have more uncertainty with our supply chains, our food, our energy, and it amplifies Canada's weaknesses and lost opportunities, especially in Canada's traditional strengths in energy and food supply. Who would have thought if we had made different decisions, Europe's position could be different right now, but we did not make those positive decisions.

We have more uncertainty. Who would have thought that the Canadian Prime Minister last week was admonished and condemned in Brussels at the European Parliament for headlines around the world? The Prime Minister was called out for engaging in a dictatorship of the worst kind by EU parliamentarians, who warned us about the path of our country and how the Prime Minister handled the truckers in the Emergencies Act. We have more uncertainty. Who would have thought that we would have this NDP-Liberal coalition to deal with the economic crisis, a deal that really puts fear into the hearts of Canadian taxpayers?

That brings me to my speech today and why I cannot support the bill. It does not address the needs and priorities of Oshawa. The bill has seven parts, and none of these parts addresses the needs of Oshawa, but what does it do? It increases spending by more than $71 billion, and that was before the NDP-Liberal secret deal. It means $71 billion more of inflation.

Now our national debt is $1.2 trillion. Who would have thought? Now the NDP-Liberal government is asking for another blank cheque, and frankly, we know this is going to pass because the NDP, as the Prime Minister says, are now going to be supporting “Justinflation”. I would say they are going to be supporting just incompetent spending.

Oshawa's priorities are housing, our seniors and opioids. My office is right across the street from the Back Door Mission, a mission that helps Oshawa's most vulnerable. It has ballooned. We see young people who cannot afford rent and housing, and seniors who cannot afford groceries and gas. In Canada, with all our natural resources in energy, who would have thought that gas would be up 33%, and natural gas and heating would be up 19%? Who would have thought an average family of four would be spending $1,000 more per year this year for groceries? The price of chicken is up 2%. Beef is up 11.9%. Bacon is up 19.1%, and bread is up 5%. Who would have thought in Canada, one of the most blessed countries in the world, under the Liberal government, Canadians cannot even afford the basic necessities.

Last week I spoke to a constituent whose name is George. He needs affordable housing. He is paying $875 per month for an attic apartment, but he is over six feet tall. He has to hunch all day to get around his apartment, and he cannot afford anything more than $600 per month. He is on disability, but he cannot find anything else.

There is no surprise when the Liberals took office in 2015, the price of a house was $435,000. Now it is $810,000. Who would have thought in Oshawa the average house price would be over $1 million? It is up 25% since last year. How can a young person ever afford a home? How can a senior afford to stay in their home? Who would have thought that in Canada, with more land than almost any other country in the world, housing would be so far out of reach for young people? The Liberals just are not listening.

As the previous speaker said, Conservatives are offering solutions. Motion No. 54 was for the Liberals to abandon their failed first-time home buying initiative. We are also launching a housing task force to find solutions, but the country is going in the wrong direction. How are the Liberals going to pay for all this unaccounted spending? The Liberals and the NDP only know one way and that is to increase taxing. With the NDP deal, who are the rich in Canada?

Who would have thought the average home would be worth over a million dollars? According to a CMHC report, the government is suggesting a new tax on homes worth $1 million to $1.5 million. Surprise, surprise. That would be a 0.2% tax per year. On a home worth over $2 million, it would be 1% per year, which on $2 million would be $20,000 more in taxes. For the average homeowner in Oshawa, that would be $2,097 per year or $174 per month in new taxes. How can they afford that?

According to Bloomberg, Canada has the second most inflated housing bubble in the world. Canadian families must spend two-thirds of their gross monthly paycheques for an average home in Toronto or Vancouver. Who would have thought that Demographia would calculate Toronto as the fifth and Vancouver as the second most unaffordable market in the world? The federal government could do something about it. It has jurisdiction for banking rules, mortgage insurance, money laundering and monetary policy. Unfortunately, it is not moving ahead with solutions. It does not want to do anything. It is the party of the WE and SNC-Lavalin scandals. Do members remember Jody Wilson-Raybould, Jane Philpott and the billionaire's island?

Throughout my speech, members have heard me say, “Who would have thought”, a few times. Who would have thought the current Liberal government could do so much damage in such a short period of time? That is what I am trying to answer, because Conservatives have warned Canadians about this since day one of the current Liberal government. Do members remember the promise on day one of only small deficits and balanced budgets by year four? The Liberals never came close to balancing a budget, even before COVID‑19. They never even intended to.

During the election, the Prime Minister admitted that he does not pay attention to monetary policy and does not even think about it. He likely does not even understand it. What he does understand is modern monetary theory and woke economics: spending forever and printing money forever. This shows no respect for the taxpayer, for the savings of hard-working Canadians, for young people trying to get ahead or for the Canadian dream of home ownership.

Conservatives warned that electing a PM who admires the basic dictatorship of China would be a problem for our democracy. Members should just look at the mandates. They should look at the truckers and the Emergency Act. He is budgeting $1.5—

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:45 p.m.

NDP

The Assistant Deputy Speaker NDP Carol Hughes

I am sorry. I have a point of order from the hon. member for Saanich—Gulf Islands.

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:45 p.m.

Green

Elizabeth May Green Saanich—Gulf Islands, BC

Madam Speaker, I know that it is the custom of the Speaker to allow members to not stick to a topic slavishly, in this case Bill C-8, but I wonder if the hon. member will talk about it.

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:45 p.m.

NDP

The Assistant Deputy Speaker NDP Carol Hughes

Obviously, the hon. member recognizes that there is some latitude in the speeches that are before the House. I want to remind members when they are giving their speeches to make sure they make reference to the subject that is before them.

The hon. member for Oshawa.

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:45 p.m.

Conservative

Colin Carrie Conservative Oshawa, ON

Madam Speaker, unfortunately, the member was not listening to my speech. I did talk about the housing issue and the issues that are important to Oshawa. I think they are probably important to her community as well.

Canadians want leadership. The Prime Minister basically said that, even for Canada, Canadians have no core identity. He said he wants to be the first post-national state, and that would be problematic.

We in Canada do not agree with the Prime Minister. We have a proud history and traditions. In our anthem we even say that we are the true north strong and free. That means something to us and is part of our core identity, whether the Prime Minister thinks so or not. We have to focus on the things that bring us together. Electing a party that focuses on identity politics and on our differences instead of on these core values that bring us together would cause problems. We see a Prime Minister who likes to blame the other. He calls Canadians names, such as racist, misogynist and white supremacist. He calls Jewish MPs Nazis. He takes away Canadians' right to work for education. He punishes those who disagree with him and accuses Canadians of having unacceptable views.

The division we see today is a direct result of the government's actions, inactions and the politicizing of things that should not be politicized. We have the best country in the world. We just need sound, honest leadership and we can recover from these problems. Our best days can be ahead of us if we get the right leadership.

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:45 p.m.

Winnipeg North Manitoba

Liberal

Kevin Lamoureux LiberalParliamentary Secretary to the Leader of the Government in the House of Commons

Madam Speaker, there is a lot I suggest the member needs to get a better understanding of. Bill C-8 is all about supporting, and continuing to support, Canadians through the pandemic.

Unlike the Conservative Party, we believe the pandemic is still here and caution still needs to be taken. On the whole leadership issue, and whether there is a lack of leadership, I would ask him to maybe reflect on his own Conservative caucus, especially when the Conservatives have made it very clear that they believe all mandates should end, effective today.

I am wondering this. Could the member provide the Conservative rationale on why the Conservative Party here in Ottawa believes all mandates should end today?

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:45 p.m.

Conservative

Colin Carrie Conservative Oshawa, ON

Madam Speaker, my colleague's question gives us the opportunity to say that the science of today supports it. Every single province and territory, and countries around the world, are opening up and getting rid of these mandates.

It just shows how out of touch the Liberals and their NDP colleagues are with Canadians. Canadians want to get back to work. They want to have the Canadian dream of home ownership, getting a job and getting an education. These mandates are stopping that from occurring.

What we need to do in this place is focus on the needs of Canadians and not the needs of government. We have to pay attention to the needs of Canadians. That is what I am talking about today. I am talking about listening to people on the ground and making sure that we have solid policy so we can come out of this recession as the best country we possibly can. I honestly believe Canada is the best country. We just need good leadership.

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:50 p.m.

Bloc

Mario Simard Bloc Jonquière, QC

Madam Speaker, I would like my colleague from Oshawa to tell us what the Conservative Party will do about federal interference in property taxes. Does he agree with that?

The Conservatives' position is often ambiguous. I remember that the former leader of the Conservative Party, the member for Durham, congratulated the government on creating a mental health portfolio, when we know full well that this is a provincial jurisdiction.

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:50 p.m.

Conservative

Colin Carrie Conservative Oshawa, ON

Madam Speaker, I agree with the member. With the federal government, and now with its alliance with the NDP, we are going to see a more centralized and more authoritative government. We are going to see a government that is going to be dictating to provinces in areas of provincial jurisdiction in ways that are not going to be helpful to the average Canadian on the street.

The member talks about health care, real estate and property taxes. The real estate market in his riding is different from the real estate market in my riding. It should be addressed more locally and more regionally.

I think the Bloc and the Conservatives are on the same side here. We need to make sure the government does not become the government that the European Union parliamentarians warned us of. We need to hold it to account.

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:50 p.m.

NDP

Niki Ashton NDP Churchill—Keewatinook Aski, MB

Madam Speaker, the Conservatives like to talk about working people, but when it is time to act they side with CEOs. They opposed extending EI for workers and kept stock options for rich CEOs. Canadian workers and communities are hurting. Inequality is skyrocketing and Canadians expect the rich to pay their fair share of taxes, yet the Conservatives are nowhere to be found on this.

Why do the Conservatives prefer to protect the rich instead of making them pay their taxes?

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:50 p.m.

Conservative

Colin Carrie Conservative Oshawa, ON

Madam Speaker, that will show a difference between Conservatives and the NDP. Of course, the NDP always wants to tax the rich. If my colleague listened to my speech, who are the rich the NDP is starting to go after?

The new CMHC report shows that a million-dollar home is an average home in Oshawa. The NDP and Liberals just want more and more taxes. What we would like to do, as Conservatives, is create jobs, because jobs are the best opportunity. It is a future where Canadians can afford home ownership, if they have solid jobs and a solid way forward.

Economic and Fiscal Update Implementation Act, 2021Government Orders

12:50 p.m.

Green

Mike Morrice Green Kitchener Centre, ON

Madam Speaker, it is an honour to have the opportunity to speak in the House again with respect to Bill C-8, now at report stage. I would like to start by sharing that I intend to continue to support Bill C-8, as will my colleague for Saanich—Gulf Islands, which she shared when she spoke last week. The bill has much in it that we both continue to appreciate, such as funds for rapid tests, money for ventilation for schools, and delays on loan repayments for small businesses at a time when they need those the most.

With respect to the Conservative motion that is proposing several amendments, I do not intend to support them because they would remove many of these same items, including the school ventilation improvements, the ventilation tax credit for businesses and a tax credit for school supplies for teachers. That being said, I do want to raise a red flag that my colleague for Saanich—Gulf Islands and several others have raised with respect to the allocation, or even a double allocation, of funds. As she shared, I expect this was done with the best of intentions, but it is also important for us to be mindful of it.

In Bill C-8, there is $1.72 billion allocated for rapid tests. There is also $2.5 billion for rapid tests in Bill C-10. Last Thursday, in the supplementary estimates, we approved the allocation of another $4 billion for rapid tests. As the Parliamentary Budget Officer has called out, it seems to be that there is at least, if not double spending, a double allocation of this $4 billion for rapid tests. Certainly, with respect to Parliament reviewing this legislation, we both see it is important to address this, so that there is some measure to ensure that those funds are only spent once.

With the rest of my time with respect to Bill C-8, I would like to talk about what I see as the ambition gap in this legislation. In the fall economic statement, and in the legislation to bring it forward, there is so much more that could have been done to really meet the moment we are in.

I will start with the housing crisis that many colleagues have spoken about. In Kitchener, it is significant. There has been almost a 35% increase in the cost of housing in the past year alone. On Friday afternoon, I spoke with a neighbour of mine. Nick is a young person who shared with me, as many others have, that not only does he not expect that will he ever be able to buy a home, but when it comes to staying in Kitchener he does not expect that he will continue to be able to afford rent. He was just so concerned. That is as a result of a market that has increasingly become commodified. This is a market designed to provide a commodity for investors, when we should be focused on homes being places for people to live in.

In Bill C-8, as members know, the underused housing tax is being introduced, but it has also been diluted from what we know has worked in other jurisdictions. Vancouver is an example. In Vancouver, it is a 3% tax that applies to everyone. As a result, that measure has started to have an impact. It has reduced the number of vacant homes by 25%. It has reintroduced 18,000 units back on the market and it has generated tens of millions of dollars for affordable housing.

We can compare that with what we know is in this legislation. Not only is it not 3%, but it is down to 1%. I think there are fair questions to be asked about whether, even if it was broadly applied, a 1% tax would meaningfully change the behaviour of those who have begun to commodify the market and pull housing off the market simply to speculate on its value.

It is not only that. We also have exemptions everywhere: on every citizen, every permanent resident and every Canadian corporation. The list goes on and on. I think there are fair questions to be raised. Certainly, on its own, it would not be enough, but would this measure meaningfully shift and be a helpful contribution? At this time, in terms of ambition, this could have been the housing economic statement. It could have been the time we said that we have great ideas that have worked before, such as co-op housing, for example. Back in the 1980s, when we invested in co-op housing, we were able to build thousands of new rental co-op units.

Of course, when that is not in statements like this, it is less and less the case today.

It could have also been the time when we could have said we were going to put in meaningful measures to move away from the blind bidding process and move toward investing in public and subsidized housing with really bold and visionary measures to make progress on the housing crisis. If they are not here, I aspire to seeing more in the budget that we are expecting over the coming weeks.

In terms of this ambition gap, at a time when this House has affirmed that we are in a climate emergency, should not every economic statement focus on taking substantive, transformational action on the climate crisis? I certainly believe that to be the case. In Bill C-8, of course, the word “climate” is not mentioned even once. Instead, we see talk of more and more subsidies for oil and gas. Sometimes they are introduced under different names. The most recent one we are expecting is a new tax credit for carbon capture and storage, a tax credit that some are estimating could be worth up to $50 billion in this new subsidy for a solution that has already been subsidized significantly over past decades and only leads to 0.001% of reduction in global emissions.

As so many academics and scientists have called out, this is not a climate solution, so we need to be mindful of both what is not here as well as what could have been here and should be here going forward. We could take that $50 billion and invest in proven climate solutions, such as incentivizing homeowners to move forward on retrofits to their homes and businesses. Whether it is electric vehicles or high-speed rail, we could be mobilizing funds at the scale of a green new deal and at the pace that scientists tell us is required, and not to hold on to some faraway net-zero 2050 but to address what the Intergovernmental Panel on Climate Change tells us is required, which is the possibility of 1.5°C being the highest increase in global average temperatures at a time when we are already at 1.1°C. Yes, this is an emergency. As a result, I wish every economic statement we see in this House would have a stronger focus to give us te best chance of ensuring that our nieces, nephews, kids and grandkids have the possibility of a safe climate future.

Finally, I will close with respect to another gap in ambition, and that is with respect to mental health. We know the Canadian Alliance on Mental Illness and Mental Health, the Royal Society of Canada and so many in my community and across the country are calling out to address the significant gaps in mental health. We know there are significant wait times for young people in particular. As is the case for so many challenges we face today, this situation was present before the pandemic and has only been accelerated and made worse. This was another opportunity missed to increase the amount of health transfers from the federal government to equip provinces and territories to have the resources they need. If we are going to say the words “mental health is health”—as we all should, because it is true—then we should also be allocating the funding to ensure that we follow through and that across the country the resources are there to treat mental health as such.

In closing, I will continue to support Bill C-8. While I am disappointed that the ambition is not there for some elements, that does not take away from the fact that there are measures and funding that would go a long way in my community, and I want to continue to see those measures advanced.

Economic and Fiscal Update Implementation Act, 2021Government Orders

1 p.m.

Conservative

Brad Redekopp Conservative Saskatoon West, SK

Madam Speaker, the member spoke about some of the things that he wished were in the legislation. I want to speak about something that I wish was in his speech.

The government has spent tremendously on all kinds of different programs that have added billions and billions to our debt. In fact, our accumulated debt has more than doubled under the Liberals' watch.

I would ask the member if he feels that this spending can continue and if he has any comments at all, any thoughts, on debt and the debt of the country, or if it could just go on forever, in his opinion.

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1 p.m.

Green

Mike Morrice Green Kitchener Centre, ON

Madam Speaker, it is an important question from the member for Saskatoon West, and I appreciate that he asked it.

Absolutely, we need to also be looking at where we can increase revenues. This is why I spoke about the vacancy tax. That is exactly the kind of approach that could bring in revenue to build co-op housing the way we used to; if we did not spend $18 billion in subsidies to oil and gas and if we introduced a wealth tax. Those are the funds we could use. It is important to also talk about revenues as well as spending.

Certainly I would agree with the member that we need to ensure that we can pay for some of these meaningful transformational investments, but budgets are really about priorities, and if we had our priorities in place, we would have the funds to ensure we could follow through on some of these transformational investments.

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1 p.m.

Winnipeg North Manitoba

Liberal

Kevin Lamoureux LiberalParliamentary Secretary to the Leader of the Government in the House of Commons

Madam Speaker, the member made reference at the beginning of his comments that Bill C-8 is all about ongoing support for Canadians, both directly and indirectly, in going through the pandemic. I want to highlight one area, which is with respect to rapid tests.

When the demand exploded for rapid tests back in December 2021, there was a huge need for the federal government to acquire and purchase additional rapid tests, and in a very short window we were very successful in our procurement of literally millions of rapid tests for circulation among provinces, territories and I believe even small businesses in certain ways. I wonder if my friend could provide his thoughts on why it was so important that we have legislation of this nature to enable us to get things such as rapid tests for Canadians.

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1:05 p.m.

Green

Mike Morrice Green Kitchener Centre, ON

Madam Speaker, I will start by acknowledging that before I was here there was plenty of work done in this place to ensure that rapid tests were procured. For my part, the last time I spoke on Bill C-8, I talked about the Cambridge Chamber of Commerce and how it has been calling out over past months on the part of businesses that needed a greater number of rapid tests.

I want to again clarify the comments I made earlier. I really appreciate that we need to ensure continued funding for rapid tests, particularly at a time when we are not through the pandemic and when we need to be doing more on vaccine equity around the world in places where new variants can continue to emerge because more has not been done. Certainly I will continue to support measures to ensure that rapid tests are readily available, as businesses and folks in my community have been calling for.

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1:05 p.m.

NDP

Brian Masse NDP Windsor West, ON

Madam Speaker, I want to ask the member about the lack of foresight for VIA Rail and the mixed messages the government is sending right now. Amtrak in the United States got funding for the first time ever to actually increase trackage, including connecting into Canada. What are the member's thoughts on the higher-speed rail that could go through the Quebec City corridor, and why would this government have mixed messages right now when Amtrak is historically investing, including crossing the border at Windsor?

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1:05 p.m.

Green

Mike Morrice Green Kitchener Centre, ON

Madam Speaker, I thank the member for Windsor West for his question and for his advocacy, and that of others, with respect to not only high-frequency rail but high-speed rail.

We have had studies in southwestern Ontario that showed both the business case and the massive opportunity when it comes to reducing emissions from transportation, which is the largest emission source in Ontario. I think the most recent study was in 2016. If we are going to make progress, we need to make sure that rail is faster, more convenient, more readily available and a more attractive option than building Highway 413, for example.

I am looking forward to continuing that advocacy with the member and others. We also need to make sure that we hold the government to account with respect to not privatizing VIA Rail as concerns about that continue to be heard in this place.

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1:05 p.m.

Conservative

Brad Redekopp Conservative Saskatoon West, SK

Madam Speaker, it is a privilege to speak in the House again.

Today is March 28, 2022, and we are debating the government's fall economic update, an update that was given in the House in December of 2021. Yes, we are actually debating budgetary measures that this government introduced over 100 days ago. In that time, Canada and the world have changed. With COVID, we saw omicron come and go, provincial lockdowns and vaccine passports established and removed, and we are now learning to live with the virus. In Ottawa, we saw the use of the Emergencies Act to call on police forces to crush peaceful protesters under the jackboot of the Prime Minister's basic dictatorship, and another dictator is currently using his war machine to crush our friends in Ukraine.

What are we doing here in this House of Commons? We are debating legislation that, among other things, would allow the government to get rapid test kits for COVID out to the provinces. Well, maybe somebody should tell the government that everyone already has rapid tests—

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1:05 p.m.

NDP

The Assistant Deputy Speaker NDP Carol Hughes

The hon. parliamentary secretary to the government House leader is rising on a point of order.