Mr. Speaker, I am very pleased to participate in the debate on Bill C-48, which in this corner of the House we refer to as the NDP's better balanced budget bill. I want to stress that we take the balanced part of that short title very seriously.
Nothing in this budget bill, proposed by the NDP, will do anything to further the federal deficit in Canada. In fact, we are very committed to the balanced budget aspect of the legislation. We will not see a deficit resulting out of the investments proposed in the legislation, and that is the NDP way.
We have a strong tradition through our provincial governments and through other municipal governments of maintaining balanced budgets and caring about deficit financing. We do not go that way and that is our history, unlike in the federal House where years of Conservative and Liberal deficits have put us in the debt position we are in today. That is not the NDP legacy in Canada. We are not prepared to go that route with this legislation either.
In my own community of Burnaby, the NDP municipal party, the Burnaby Citizens Association, has been in power for almost two decades. It has maintained that tradition of no deficits in that period as well. In Burnaby we are known for our record of responsible financial leadership. That is what the people of Burnaby have come to expect from New Democrats and that is what they continue to get, even with the legislation before us.
This money will come from surpluses. Last year we saw a predicted surplus of $1.9 billion turn out to be a surplus of $9.1 billion. Given that kind of surplus and given that kind of inaccuracy in prediction of the surplus, I am very confident that the financing in the bill will go ahead without any problems.
Where we make ground on this was to remove from the corporate tax cuts to large corporation that were proposed in the government's original budget bill. No one was expecting those. The Liberals did not campaign on that. No one was promised those in the last federal election. Canadians did not vote for those billions of dollars of corporate tax cuts in the last election. Therefore, that is something easily removed from this budget.
We know as well that corporate profits are away up in Canada in the past year. Even in this current quarter, they are up significantly, 10%, 15% over last year. Last year they did pretty well. Some analysts have said that the large corporations in Canada are awash in cash. Clearly, another large billion dollar corporate tax cut is not necessary in Canada.
We recognize the importance of small and medium business to Canada. That is why those corporations and corporate interests are not affected by this tax cut. We are saying that the large profitable corporations are in good shape and they do not need this extra corporate tax cut.
Where will we spend this extra $4.6 billion in investment? On the issues that the NDP campaigned on in the last election and on which I campaigned in Burnaby—Douglas.
Bill C-48 proposes to invest $1.6 billion toward increasing affordable housing for Canadians, including aboriginal Canadians. That was an area of almost complete deficiency in the original Liberal government budget. When the budget came down from the finance minister, the New Democrats were shocked to see nothing for affordable housing.
In a community such as mine, affordable housing is an absolutely crucial way of addressing issues of poverty. It is a way of addressing issues of health in my community. The fact that there was nothing in the Liberal budget was a huge deficiency.
I am glad that our leader seized the opportunity to seek some improvements to the Liberal budget to get that included.
There was nothing in the original Liberal budget for post-secondary education except debt forgiveness should a person die. The only way a student could get assistance was to pass away. That is slim comfort I am sure to the students who are in massive debt and who have faced tuition increases of 160% over the last 10 years. We are glad that we have managed to secure $1.5 billion in additional funding for post-secondary education and training to cover that deficiency which existed in the original Liberal budget.
There is also $900 million for the environment, including an extra one cent per litre in the gas tax over the next couple of years. That money will go to public transit and an energy retrofit program for low income housing.
Again, we know that the Liberal commitment on the environment was not what it should have been in the last budget. The Liberal commitment on Kyoto is lacking. This goes toward improving that commitment and improving public transit in our cities. We know that public transit is a significant way of reducing smog. We know it reduces congestion. We have traffic problems in a community like Burnaby. Lots of commuters transit through Burnaby to get to the downtown core of the city of Vancouver. Increased public transit will go a long way to solving those problems.
Also there is about a $500 million increase in foreign aid to help push us toward the target of 0.7% of GDP for foreign aid. We know how crucial it is to help our neighbours and our brothers and sisters around the world with some of the very severe problems of poverty and with development.
That is a commitment the Liberals made. They needed an extra push and we are happy to have provided it.
Housing is a crucial issue in my riding. The high cost of housing on the Lower Mainland of British Columbia and poverty in my community are also an important issues. Almost 27% of people in Burnaby--Douglas, which is a fairly well-to-do, middle class, suburban community, live in poverty. It was a surprise to many of the folks living in Burnaby because it is so well hidden. These folks live in substandard housing and pay far too high a percentage of their income for it. That means they have to cut back on other things like food and other requirements for healthy living.
We need affordable housing in Burnaby--Douglas. We know that Burnaby--Douglas many years ago did very well with the cooperative housing program, which was a significant boon to our community. It set up some very interesting and successful communities where people of mixed incomes lived very well together, communities like the Norman Bethune Co-op. The co-op is almost 30 years old and is in danger of collapse. It cannot get the assistance it needs from the federal government to do the repairs that are necessary to its aging building.
There are problems with the mortgage and there is no help from CMHC which seems more intent on acting like a major financial institution rather than an institution dealing with housing concerns. These people are struggling to maintain their community and a very successful small co-op in my riding. They are getting very little help from the federal government.
I hope some of this money will go to alleviate problems for co-ops, problems like those of the Norman Bethune Co-op. If we could free up and shake loose some of the huge amount of money that CMHC has socked away, we could put it back into solving some of the problems of housing and co-ops, like Norman Bethune.
I have also been contacted by the McLaren Housing Society and JoAnne Fahr, the executive director. She talks about the housing problems that are faced by many people living with HIV in the Lower Mainland. I just want to quote from her note. It says:
Please understand that here in the Lower Mainland I have a wait list of 250 HIV+ men, women and children in critical need of adequate, affordable and safe housing. This wait list has grown by 50% in my three years on the job. Many of these folks are living in deplorable conditions having to share filthy bathrooms and having no kitchen facilities in which to cook nutritious meals, so important to their health. McLaren Housing Society was Canada's first housing program for people coping with HIV and began in 1987. Since then it has grown from one 5 bedroom house to multiple programs which currently has enough funding for 94 clients. Still, 250 people wait. And I have to tell them to continue waiting whilst they impose on friends and family or worse, couch surf, live in a vehicle or in the worst Downtown Eastside hotels you can imagine.
You can assist in this basic determinant of health by recognizing how important social housing is and applying money to this critical shortage. Please put housing first. We should not have a homelessness issue in Canada.
I am happy the NDP has fought hard to see there is something in this year's budget for affordable housing to assist people like the people that Ms. Fahr describes, who are living with HIV and who require decent housing, and to assist them not only in living a happy and productive life but also in living a healthy life.
A recent survey indicated that homelessness had tripled in my riding of Burnaby—Douglas. That is just not acceptable in a society like ours.
I am proud that this budget has increased investments in post-secondary education. Simon Fraser University and the B.C. Institute of Technology are in my riding. and students need that kind of support to pursue the education that will help them be successful and productive in their careers.
I am glad that the NDP negotiated, fought hard and worked hard to seek improvements to the Liberal budget. I look forward to voting in favour of this important bill in the very near future.