Mr. Speaker, as I continue with my speech, the connection with the Bloc's motion will become clear shortly.
The new GST rebate for first-time homebuyers will save buyers up to $50,000 on the purchase of their first home. That is not all. The rebate will also reduce the GST on homes valued between $1 million and $1.5 million for first-time homebuyers. This is great news for Quebeckers who want to buy their first home and start the next chapter of their lives in Quebec.
Finally, Bill C-4 completes the next step in the regulatory suspension of the consumer carbon tax by completely removing the consumer carbon price from the law. The important word here is “consumer.” As part of this process, Canadians who lived in provinces or territories under the former regime are entitled to a refund. Canadians in Quebec, British Columbia and the territories did not contribute to this system. It is therefore clear that they will not receive similar refunds. This point seems relatively obvious and significant to me.
I will clarify what I said for my colleagues opposite, as well as for Quebeckers watching at home. In 2013, Quebec put in place its own cap-and-trade system to put a price on carbon pollution. Rebates were sent to Canadians living in provinces or territories that were part of the existing regime to offset the now-cancelled federal carbon tax. Canadians in those provinces probably included that rebate in their budgets, and it was decided that they would get their money back. It is important to understand how carbon pricing works. It does not apply in provinces like Quebec, which has its own carbon pricing system. Quebec did not pay the federal carbon tax, so it did not receive the federal rebate. It is understandable and makes perfect sense. Quebec has long been a leader when it comes to the environment.
The Bloc Québécois has played a role in that field and deserves to be commended for that. The federal government respected Quebec's cap-and-trade system, which preceded the federal carbon tax. My Bloc Québécois colleagues can certainly respect and understand that. I hope that they will also be able to respect and welcome the important measures our government has taken to make life more affordable for Quebeckers and all Canadians. I think that we should continue to focus on this important task instead of debating made-up problems that do not really exist.