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Conservative MP for Huron—Bruce (Ontario)

Won his last election, in 2015, with 45% of the vote.

Statements in the House

Employment Insurance Act November 3rd, 2009

Mr. Speaker, that is a fair question from the member for Elmwood—Transcona.

It comes down to the fact that the Liberals are confused. Their leader would rather provide a stimulus plan for Elections Canada employees with a $300 million election that no Canadian wants. That is what the Liberals would choose. They would choose an election that would cost $300 million over helping 190,000 Canadians and providing $1 billion to help long-tenured workers, those workers who have paid EI premiums for 30, 35 and 40 years in some cases and have never used employment insurance or very little.

The Liberal leader would choose a costly election, a $300 million election. That is the only rationale I could think of. Hopefully through time the Leader of the Opposition will see the light on long-tenured workers.

Employment Insurance Act November 3rd, 2009

Mr. Speaker, maybe the member would like to discuss his party's record on its choice for helping unemployed workers.

Our economic action plan provided an additional five weeks of employment insurance and work sharing for 165,000 Canadians. We froze EI premiums for two years. We added an additional $60 million to help older workers. The list goes on and on and on. As well, there will be extra support for long-tenured workers, as we are discussing today, for 190,000 unemployed people which is close to $1 billion. The list goes on and on. There are the moneys that we have invested in the building Canada fund for infrastructure, the infrastructure stimulus fund to help Canadians get back to work as well as provide a cushion for them.

The member has talked about some things. Perhaps we could discuss a private member's bill that was brought to the committee a while ago, Bill C-241. The Bloc members support that bill and I wonder how the member reconciles this. The Bloc voted against every single measure I just mentioned which represent billions of dollars. The bill which the Bloc supports provides nothing to change regional differences. It has nothing to do with eligibility requirements. All it provides is two extra weeks.

How could the Bloc members vote against all the measures I have described but support just two weeks? What the Bloc supports does not add up.

Employment Insurance Act November 3rd, 2009

Mr. Speaker, as does the member for Windsor West, I have some experience in the automotive sector and the automotive parts sector. Of note, the commitment of the government to cut taxes is significant. The commitment to cut corporate taxes is significant, so that global corporations and Canadian corporations make that commitment to choose Canada as their first place to do business. Just this year we saw one of Canada's most iconic corporations make the decision to move back to this country, due in large part to the commitment to reducing corporate taxes.

The member for Windsor West see the situation as the glass being half empty. We on this side of the House see it as the glass being half full.

I was encouraged yesterday to hear the quarterly reports from Ford, an automotive manufacturer, a member of the sector the member for Windsor West alluded to in his speech, saying they made a $1 billion profit in the latest quarter. I am sure doing business in Canada is looking more favourable every single day.

However, I am not here to speak about the auto industry per se, I am here to speak about Bill , C-50, and I would like to begin, if I may.

I rise again to discuss Bill C-50, An Act to amend the Employment Insurance Act and to increase benefits. We have an opportunity today to help experienced workers who have lost their jobs because of a recent downturn in the economy. This is an important time. Our economy is still fragile and a recovery is still in its infancy. It is important that we take prudent, responsible and affordable action to ensure our recovery blossoms and Canadians benefit in both the short and the long term.

Bill C-50 is legislation that will temporarily extend employment insurance regular benefits to unemployed, long-tenured workers so they have more time to look for a new job. It is prudent, responsible and affordable.

Who are these long-tenured workers? They are Canadians who have worked hard, paid their taxes and their employment insurance premiums for many years and have never or rarely collected employment insurance regular benefits. Then suddenly, they have lost their jobs and they have to start over. In times like these, in a time of a changing and recovering economy, such a prospect can be tough to handle.

We are concerned about all unemployed Canadians, but we are focusing now on long-tenured workers who have been particularly affected by the recent downturn in our economy. We know that Canadian workers work hard. We know they are prudent and care for themselves, their families and their communities. We know they want to get back to work when they find themselves without work to go to. Canadians work hard and want to help themselves, but we still have a responsibility to help them over the current hurdle.

We want to make sure that the employment insurance system, which Canadian workers have paid into, is flexible and responsive to their needs. After all, workers pay into the system and employers pay into the system, so the system should work for them when they need it. Bill C-50 is a temporary measure that will help workers who have never or rarely collected EI regular benefits.

Bill C-50 will provide from five to 20 weeks of additional benefits, depending how long an individual has been working and paying employment insurance premiums. Once a person meets the criteria of a long-tenured worker, the calculation is simple: the longer a person has worked, the more weeks of extended benefits they will get. The more they have paid into the system, the more they will get out of it. That applies to workers who have paid at least 30% of the annual maximum employment insurance premiums for seven out of ten calendar years.

Most workers working full time or close to full time for many years will have no trouble meeting this threshold, and we are making allowance for their having received up to 35 weeks of regular benefits in the past five years.

This part of the bill recognizes that workers from some industries, including manufacturing and forestry, have used EI during temporary shutdowns. This is just a natural part of our economy and it needs to be recognized. I think it is a prudent measure in the bill.

Adding to the prudence of the bill, we have made sure that the use of the special benefit aspect of employment insurance, like maternity and parental benefits, compassionate care and sickness benefits, will not affect a worker's eligibility, so let us be clear on that one.

Workers who have taken time off and used these special benefits will not be negatively affected in the application of the bill. They will be just as eligible as a person who has not used these benefits.

Another prudent measure is the coverage this bill would have throughout our economy. Our minister and her officials have estimated that up to 190,000 Canadians would be able to benefit from the measures contained within this bill. That is a large group of Canadians and a very large portion of the unemployed due to this recession. As such, this bill would be a huge help to Canadians and Canada as a whole.

Long-tenured workers come from all sectors of the economy, not only forestry and manufacturing, but also technology, the trades and the service sector. They also come from all across Canada. There is not an area in Canada which has not been touched by this recession, and there is not a corner of the country where we cannot find long-tenured workers who have been laid off and are having a tough time in this tough economy.

Within my great riding of Huron--Bruce there are many long-tenured workers who would benefit from this bill. That is why I am very passionate about it and the details that lie within it.

As many of my colleagues have said already, approximately one-third of those who have lost their jobs across Canada since the end of January have established an EI claim for long-tenured workers. Specifically, this new measure would provide continuing support to these workers while they look for jobs in our changing and recovering economy. For example, under the legislation, workers who paid premiums in seven of the past ten years would get five extra weeks of EI regular benefits. For every additional year of contribution, the number of weeks of benefits would increase by three weeks, up to a maximum 20 weeks.

At this point I would like to address the three amendments that our government made to this bill, amendments that were endorsed by the House just yesterday. They are technical amendments that will further support long-tenured workers and ensure the bill maintains its wide scope.

The first two amendments establish that the measures in the bill now start on a fixed date, that date being January 4, 2009 for eligibility, regardless of the timing of royal assent for this bill, which is very encouraging. This will create certainty for our long-tenured workers. This will also ensure that all long-tenured workers who lost their jobs in 2009 will be eligible for the additional weeks of benefits, regardless of the length of time needed to approve the bill.

As part of these amendments, we have also made sure that Canadians or Americans who work in Canada but live in the United States may be able to receive employment insurance regular benefits. The only restriction is that they must meet the eligibility requirements of the employment insurance program.

Another amendment introduced is a transition provision. This will ensure that claimants have sufficient time within their benefit period to receive all the additional weeks of regular benefits provided by this measure.

These amendments will ensure that all eligible long-tenured workers have full access to the extended benefits. Though technical, they are important for the success of this bill, and I am pleased that the House supported them.

By extending employment insurance for long-tenured workers, we are taking action that is beneficial for our economy and for Canadian workers. With some adjustments, they will make it back into the workforce and continue to be productive.

It is our responsibility to support our unemployed workers as they work to recover from this recent recession just as the economy as a whole must work to recover. We stand behind them. They will get through the downturn, and this Conservative government is helping them.

Bill C-50, a temporary measure like many of our other measures, builds on other initiatives that we have introduced in Canada's economic action plan. It is a temporary measure for a temporary situation.

Most certainly, it is a trying time for those who are unemployed. We have faith that our work as a government will work in concert with the work of Canadians throughout our economy and with people working in other countries to ensure that our economy recovers and that our workforce is healthy, skilled and most importantly, back to work.

I want to cover a few of the measures in Canada's economic action plan just to ensure that all of my colleagues realize all the good things this Conservative government is doing for Canadians. I also want to cover some recent history. I do this not because my colleagues have not heard me and others talk about the economic action plan but because many of my opposition colleagues have a mixed record on the action plan, so they may need a refresher.

First, I would point out that the Liberals across the way supported this Conservative government and its economic action plan before they opposed it. The Liberal leader, in fact, could not find a whole lot to complain about. That was before he decided that time was up and that Canadians needed an unnecessary election. So he opposed the unnecessary election before he supported it. These are not promising signs from the Liberal opposition members. They seem unreliable and unable to make up their minds. They seem unable to decide on a course of action that is best for Canadians. They seem unable to commit. The Liberals seem to act with their own interests at heart. They seem to be in it for themselves. This is unfortunate, not for our government but for Canadians.

What is promising, however, is the support we have gained from our colleagues in the NDP on Bill C-50. Yes, we have had our differences certainly but they seem to be looking out for Canadians in the bill as is our government. NDP members seem to want to ensure that Canadians get the help they need from this bill. We agree that this help should get to Canadians, so we are glad they have decided to support the bill and our government's actions even though they were less supportive earlier in the year.

As for the Bloc, not only can they not deliver for Quebeckers, now they are simply opposing things that are good for Quebec and proposing irresponsible measures this government simply cannot support. As I said earlier, I would like to talk briefly about the measures our Conservative government has taken in the economic action plan to help Canadians.

First among them is an initiative that is complementary to the measures in Bill C-50. I am talking about the career transition assistance initiative in which we are further supporting long-tenured workers by helping them train for future jobs. Workers can get their employment insurance benefits extended up to a maximum of two years while they undertake longer term training. They could also get earlier access to EI if they invest in their training using part of their severance package or all of it. I would like to add that some of my former colleagues have actually participated in this program and shortly they will see the benefits of their commitment to their future.

Under the economic action plan we are providing unemployed Canadians with five extra weeks of EI regular benefits. We are increasing the maximum duration of weeks of EI regular benefits from 45 weeks to 50 weeks. We are also providing billions toward skills training both for people who are on EI and for those who do not qualify. We are also preserving jobs through the work-sharing program. We have allowed more flexibility for employers and agreements can now be extended up to 52 weeks. It supports employees who might otherwise be laid off. It allows them to continue working a reduced work week while they receive EI benefits for the days they do not work. Importantly, it will allow firms to recover quickly once demand rises again and I can speak specifically to my own experience.

It is important that we keep these employees who have skills, who are trained in the jobs that they have done for many years, in order to stay within a company so that when the recovery does come, and we are seeing it start already, the company does not have to hire a new group and train them, because we know this is extremely expensive, especially when we start talking about hundreds of employees across a corporation.

As of this week, almost 7,000 active work-sharing agreements across Canada are preserving the jobs of more than 167,000 Canadians. Again, this comes back to the fact that we were the latest to come into the downturn and we will be the first to come out of it. One of the reasons is because we are going to have 167,000 of these long-tenured employees who are currently in work-share programs return right back into a full work week and be able to contribute fully to our Canadian economy.

Let me refer to another program called the targeted initiative for older workers, which applies to people who are 55 to 64 years of age. Under the economic action plan, we are investing an additional $60 million over three years to provide upgrading and work experience to help older workers make the transition to new employment. Further, we have expanded the program so that it extends access to older workers in major communities as well as smaller cities affected by a significant downsizing or closure.

We are also delivering on our Conservative government's commitment to improve the governance and management of the EI fund. We have established the Canada Employment Insurance Financing Board, an independent, arm's length body that will implement and improve the EI premium rate-setting mechanism that will ensure EI revenues and expenditures break even over time, and set the employment insurance premium rate starting in 2011.

This is important for Canadian workers because it will ensure that their hard-earned EI premiums are used to fund the EI system, and only the EI system, when they need it. EI premiums will not disappear again like they did under a previous government. EI programs will not be used for purposes for which they were not intended and will not be used on political pet projects.

However, let me return to Bill C-50. The purpose of the bill is to help long-tenured workers directly affected by the force and depth of this recent recession. As I mentioned earlier, the bill before us, Bill C-50, proposes a temporary measure that will provide some much needed assistance to long-tenured workers throughout the country. The passage of this bill will make a difference in their lives. It will make a difference in the lives of their families and will make a difference to our economy.

It is the right and fair thing to do for these Canadian workers who have worked long and hard, and who have not asked for much help in return. Let us help them in their time of need and support them while they find jobs.

November 2nd, 2009

Mr. Speaker, we have heard a lot of heckling on the opposition side, most of it without much merit.

I would like to read a statement from the local news in the riding north of mine, although part of the health unit covers it also. I wonder if this is a good enough result for the opposition. This is from CKNX AM 920 in Wingham, Ontario, in regard to the Grey-Bruce health unit. It states:

After wait times of up to 90 minutes at the first clinic last week, today people are leaving with their shot after 20 to 30 minutes according to spokesperson Drew Ferguson.

We have heard a lot of cackling here that the opposition wants to see better. Is five minutes better? Twenty to 30 minutes seems quite reasonable to me. Perhaps the hon. member would like to give his thoughts on the work of Grey-Bruce health unit and its support staff.

Employment Insurance Act November 2nd, 2009

Mr. Speaker, I serve on the committee with the member for Sault Ste. Marie and his colleague from New Brunswick, who have worked very hard in committee on the bill and asked a lot of difficult questions of the witnesses as they have appeared.

The member commented about the interests of workers, the impact the bill would have on long-tenured workers throughout Canada and the benefits there would be for the people who have worked hard and paid into employment insurance for many years, as have many workers in the riding of Huron—Bruce.

I wonder if the hon. member for Sault Ste. Marie could comment a little more about what he feels the impacts could be in his own community. What would the constituents of Sault Ste. Marie see as the possible benefits of the bill compared to the possible benefits of having an election?

Economic Recovery Act (stimulus) October 6th, 2009

Mr. Speaker, I am not sure if the member is aware of the program that is available to individuals such as he mentioned, but there are a number of excellent programs through CMHC which his constituents can look into for seniors, so that they can stay in their homes longer and for Canadians who have a disability, to allow them to stay in their homes longer. If he were willing to contact my office, I would be willing to show him where it is.

The department of human resources continues to deliver results for Canadians. Our office has worked with a number of constituents in Huron—Bruce to help seniors and those with disabilities stay in their homes and we will continue to deliver those results.

Economic Recovery Act (stimulus) October 6th, 2009

Mr. Speaker, I am proud to report that in our budget we stood up for Canadians. We continue to make investments in our health care system by increasing our health care transfers. We also made tremendous investments and commitments in standing up for Canadians by increasing our social transfers to the provinces.

This is a government that is not going to do what the Liberal government did in the nineties which slashed and burned to balance the budgets. We are investing in Canadians because we believe in Canadians.

It is just a real unfortunate thing that the Liberal Party has failed to support the home renovation tax credit by voting against it. In my short time as a member this is quite likely the most popular and effective initiative a government has taken and all of a sudden the Liberal Party has voted against it.

Obviously we are disappointed on this side of the House. We are focused on the economy. We are delivering results for Canadians and that is what we are going to continue to do.

Economic Recovery Act (stimulus) October 6th, 2009

Mr. Speaker, with respect to the tax credit for first time homebuyers, I would suggest that all first time homebuyers will be able to take advantage of it because they will submit their claim through their taxes. I am sure he is relieved to hear that.

The home renovation tax credit is a popular program. I would just like to give a little commentary on what it means to the people of Huron--Bruce, the riding which I have the good fortune to represent. There is a tremendous number of hardwood bushes throughout my riding as well as a tremendous number of small sawmills, kilns and two manufacturers of hardwood flooring that use local hardwood.

This is just an example of the absolute effectiveness of the home renovation tax credit. It is very vertical. It helps the forestry worker by purchasing logs; it helps the mill and the manufacturer; and it benefits local consumers with a terrific made in Canada product.

Economic Recovery Act (stimulus) October 6th, 2009

Mr. Speaker, the hon. member for Malpeque has never been short for words, as we all know. He does, however, support farmers as I support farmers.

He did come in late and the unfortunate thing is that we are actually debating Bill C-51 today. The support we are providing in Bill C-51, which he voted against, would provide support to farmers in drought and flood regions. In a way he is actually talking out of both sides of his mouth on this issue.

I think the member for Malpeque has an issue with the fact that all members of our government worked with pork producers, listened to pork producers, and delivered results in conjunction with them.

Just Friday, the final announcement came out, and today hog producers across this great country are talking with their banks. They are working on their transitional progress. They are looking at ways to market their products not only in Canada but also around the world. Our pork producers produce some of the greatest pork in the world.

I would encourage all Canadians to support their local producers, to buy Ontario, to buy Canadian, and not listen to the rhetoric from the member for Malpeque.

Economic Recovery Act (stimulus) October 6th, 2009

Mr. Speaker, I am thankful for the opportunity to discuss Canada's economic recovery act. This vital legislation will implement key measures from the economic action plan, our targeted road map to save and protect jobs today, while preparing us for the economy of tomorrow, along with other important economic initiatives.

Since January, we have been putting our plan in place as quickly and effectively as possible. We have done so because our Conservative government understands that Canadians are concerned about their jobs and their future, the very same Canadians I represent in communities all across my beautiful riding of Huron—Bruce.

I want to assure those Canadians that this plan is working. Along with their help, our plan is boosting Canada's recovery by focusing on the economy and promoting economic stability. In so doing, we are helping Canada emerge from the current global recession as a more competitive economy.

Do not take my word for it. Look at the recent IMF world economic outlook, a report card on the global economy. It forecasted Canada to have the highest growth of any G7 country in 2010. The World Economic Forum's 2009-10 Global Competitiveness Report ranked Canada as the 9th most competitive economy in the world, a big jump from 14th under the previous Liberal government in 2005-06.

Under the 2009 Forbes magazine's best countries for business ranking, which looks at business conditions in over 100 economies around the world, Canada has rocketed up four spots to number three.

Listen to how respected BBC economics editor Stephanie Flanders raved about Canada. She stated, “Nowhere is immune, but by most key measures, the Canadians are coming out of this crisis in a league of their own”.

Indeed, Canada entered the current global recession on a strong economic fiscal footing. Our Conservative government paid off $37 billion of debt, giving Canada one of the lowest debt to GDP ratios in the G7, while simultaneously cutting taxes and making key strategic investments.

As BMO economist Doug Porter remarked in an interview with CBC Newsworld earlier this year, “Canada did go into this downturn with almost pristine fundamentals. Those pristine fundamentals do suggest that Canada will hold up a little better than other economies and probably will emerge a little stronger than other economies”. We are seeing that evidence today.

Our Conservative government is not, however, merely content to ride on our past achievements. We are building on our strengths to ensure Canada's economy remains in poll position for the recovery throughout Canada's economic action plan.

Canada's economic action plan is targeted, effective and timely. It is a plan that is supporting struggling communities and industries, cutting taxes, building new roads and bridges, helping the unemployed and much more. In total, the plan is providing $61 billion of stimulus to create 220,000 Canadian jobs. On top of these measures, over 160,000 Canadians are benefiting from work-sharing agreements that are allowing companies to continue to provide jobs to their employees.

Canada's economic recovery act is an extension of that plan. Not only will it implement numerous key measures from the plan outlined in budget 2009, but other new initiatives to support ongoing economic stability and growth. I understand the Liberal leader, before even reading the act, decided to oppose and vote against it, as he continues his singular obsession with an election, no matter the cost.

I am proud to say that while the Liberal Party of Canada pushes for an unnecessary election that could threaten Canada's fragile economic recovery, our Conservative government is pushing forward for Canadians in support of economic recovery.

While Liberals seemingly did not bother reading the economic recovery act before rushing out to denounce it, let me highlight the key measures they have decided to blindly oppose.

Through the economic recovery act, we are creating new opportunities for our construction and resource sectors with new tax credits.

To help alleviate some of the fees associated with buying a house, fees that often serve as a disincentive for young people entering the housing market, and to encourage first time home ownership, we have introduced the first-time home buyers' tax credit. This would provide up to $750 in tax relief to help with the purchase costs of a first time homeowner.

If I may add from personal experience, I bought a home a few years ago for the first time. This tax measure would have been a very appreciative measure. I can appreciate that families are looking forward to this new tax credit.

The first-time home buyers' tax credit has worked, as illustrated by the strong existing home sales in Canada largely driven by the entry of first-time home buyers. An entry spurred on by first-time home buyers' tax credit and another key element of Canada's economic action plan, the increase to $25,000 to the amount first time home buyers can draw from their RRSPs. Members do not need to believe me, but this was stated in a Canadian Press article from September:

...thanks in part to government incentive programs, particularly for new home buyers, the market has bounced back.

Earlier this year, Ottawa increased the amount first-time home buyers can withdraw from their RRSPs from $20,000 to $25,000, and implemented a tax credit for first-timers....

Again, this is a program I was fortunate enough to take advantage of several years ago. It was a tremendous opportunity to put toward the purchase of my home and I am very proud to see our government's action enhance this so that other young couples who are looking at purchasing a home can use this system.

While it is important that young families can enter the housing market, it is also important that they and all Canadians can add value to their homes. Another housing measure in the economic recovery act would help do just that, the home renovation tax credit, or HRTC. It is estimated that the credit would provide approximately 4.6 million families with up to $1,350 in tax relief on eligible renovation projects undertaken before February 2010. Without a doubt, the HRTC has been an overwhelming success.

The Globe and Mail hailed it in a glowing editorial declaring that the HRTC:

...has proven one of the more successful of the government's stimulus measures, helping create demand for services and supplies.

While I travel throughout the riding of Huron—Bruce and talk to home builders, home building supply firms, the home building supply companies are very busy. The people who work in the inventory section are swamped and very busy. One would never know there is a global recession going on. Contractors are booked. These are the initiatives that we took to ensure our economy is moved forward. This is definitely one of the great measures brought forward.

The HRTC is putting tradespeople to work and giving a boost to those who produce and sell building materials. A report from the Globe and Mail states:

“Home Hardware Stores Ltd., Canada's largest independent seller of building materials, is getting a boost from the government's renovation tax credit”, spokesman Rob Wallace said....

The company's eastern, central and western warehouses all are reporting higher shipments to more than 1,000 independently owned stores...

“We're ecstatic,” said Mr. Wallace. “We're far ahead of where we expected to be.”

Those are results for Canadians. A report from the Sault Star in northern Ontario stated that by most accounts, the HRTC move has worked. It went on to state:

“There's no doubt that it has brought a lot of people out of the woodwork to do renovations that they normally wouldn't have done,” said Andrew Walton, sales manager at Northwood Window & Door Centre.

John Patrizio, general manager at Rona Cashway Building Centre said that the building store has been busy with customers planning to take advantage of the 15% tax credit that covers projects that were started after January 27 or will be started before February 1, 2010.

Bob Boissonneault, assistant store manager at Home Depot, said that the tax credit has generated more spending. “A tonne of people have taken advantage of it”.

Clearly, the temporary nature of the credit is providing an incentive for homeowners across Canada to continue to invest in their biggest and best asset during these challenging economic times. One wonders why the Liberals have opposed this measure and this act, and one wonders why they took this position even before taking the time to review the act.

Another key measure that the Liberals are opposing in the economic recovery act is enhanced support targeted for those who need it most. For low income Canadians who receive social assistance, landing a job can cost them dearly in both higher taxes and reduced income support. The working income tax benefit, or, as it is known, WITB, helps to reduce the financial disincentives faced by these individuals.

Originally introduced in budget 2007 by our government, the landmark WITB is a refundable tax credit that helps make work pay by supplementing the earnings of low income workers to help ensure that these workers are financially better off by getting a job. For low income working Canadians with disabilities, facing even larger barriers to workforce participation, the WITB includes a generous disability supplement.

The Caledon Institute of Social Policy has called the WITB “a welcome addition to Canadian social policy” “fills a long-recognized gap in Canada's income security system”. Roger Martin of the Rotman School of Management said that it was “very helpful to the working poor in our urban centres”.

The economic recovery act would enhance the WITB by $580 million in 2009 and subsequent taxation years. It is expected that more than 1.5 million Canadians would benefit from the enhanced WITB for the 2009 tax year. As a member of the human resources committee, we have heard nothing but favourable comments about the WITB initiative.

That is not all the economic recovery act is about. It also would provide Canadians with more flexibility to improve their quality of life, even during difficult times. Our Conservative government understands Canadians, particularly those nearing retirement who are worried about their pensions. Uncertainty and turmoil in financial markets is a concern for all Canadians, especially older Canadians who have worked hard and saved diligently for their retirement years and rely on their pensions and savings.

The economic recovery act would not only help maintain the quality of life for seniors, it would actually improve it during these difficult economic times. For example, the act would strengthen the Canada pension plan by implementing a number of reforms, reforms that were unanimously supported and recommended by the federal, provincial and territorial finance ministers in their tri-annual review of the CPP last May.

The reforms include the following: removing the work cessation test in 2012 so that people may take their retirement pension as early as age 60 without the requirement of a work interruption or earnings reduction; enhancing the retirement pension calculation to allow up to an additional year of low earnings to be dropped from the calculation; and enabling a person under the age of 65 who receives a retirement pension and continues working or returns to work to contribute to the Canada pension plan and thereby create eligibility for a new post-retirement benefit.

The Canada pension plan reforms would ensure that older Canadians across the country have the support they need to adapt to a changing economy. Furthermore, our Conservative government is also continuing to move forward on pension issues. Earlier this year, we held national consultations on improvements to federally regulated pensions to inform of key changes to be released shortly.

Moreover, as only approximately 10% of pensions are federally regulated, we are also working with provincial governments, forming a research work group and arranging a national summit of finance ministers later this year to further look at the larger issue of retirement income security in Canada.

I would also like to take a moment to quickly review other vital initiatives in the economic recovery act to help provide the stability our economy needs, initiatives include: helping farmers by extending the existing tax deferral available in regions affected by drought; ensuring that the province of Nova Scotia continues to receive a meaningful net fiscal benefit from its resources by resolving the crown share saga after decades of neglect by the previous Liberal government; improving transparency and accountability in the use of taxpayer dollars by mandating that all federal departments and crown corporations produce quarterly financial reports; ensure dependability for public broadcasting by increasing the borrowing limit for the CBC; and promoting global growth and co-operation by giving small and low income countries a bigger voice at the IMF while strengthening Canada's commitment to debt relief.

Canada's economic recovery act would provide a balance between stimulating our economy for the short term and building our capacity in the long term. In every region of Canada, families and businesses are paying less tax and unemployed workers are receiving better support and new training. Major job creating infrastructure projects are breaking new ground. Colleges and universities are benefiting from new investments, and Canadian households and businesses are seeing improved access to financing.

Our Conservative government's economic recovery act would provide much needed stability for our country's economy. It is timely, targeted, temporary and cost-effective and it would lay the foundation for long term growth.

The Liberal leader would rather look at narrow, partisan self-interests and force an unnecessary election, jeopardizing the recovery and inviting a prolonged session. Now is not the time for political games but a time to recognize that our economic recovery remains fragile. We must stay focused and we must stay on course. We need to continue to implement Canada's economic action plan, supporting Canadians from coast to coast to coast.

As the Calgary Herald editor noted:

...the Canadian economy, when compared with outcomes in peer nations, vindicates [the Prime Minister's] claim to sound [fiscal] management...[the Liberals'] promise to vote against him can only be seen as a self-interested reach for power, at a dangerously sensitive time in the nation's recovery. It is irresponsible, as well as widely unwanted.