Madam Speaker, it is great to see everyone. I wish all my colleagues a wonderful and productive day. The sun is shining outside, and warmer weather is close at hand. I think we are all happy about that.
I will be splitting my time with my friend and colleague, the hon. member for Milton.
It is a pleasure to rise to speak on Bill C-19 and the measures in the bill that would continue to drive the Canadian economy forward by leveraging the inherent strength and resiliency of all our citizens, create good-paying middle-class jobs, and ensure a bright and prosperous future for all Canadians, including the wonderful residents of Vaughan—Woodbridge, who I have the privilege of representing.
As many of my colleagues know, I am an MP who is focused squarely on the economy, competitiveness, job creative and fiscal prudence, backed by my entire educational and professional career in the field of economics and working in the global financial markets literally throughout the world. It is the economy for me.
At the same time, I am a socially progressive person who believes fundamentally that we as a society must always ensure that human rights, women's rights and the rights of minorities and the most vulnerable are always protected. As a father of three beautiful young girls, including a seven-month-old, I will state this in reference to what we are seeing transpire in the United States, where I lived and worked for several years and where I have many friends and family. A woman's right to choose is simply not up for debate. A woman's right to reproductive health services is not up for debate. We must always ensure that women across Canada, from coast to coast to coast, have full access to the health services they need. Protecting and promoting women's rights is something we must always stand for, full stop, non-negotiable.
The Canadian economy is strong, characterized by historically low unemployment and strong economic growth. The future is truly bright. I am the chair of the Liberal auto caucus and in the last two months we have secured, as a government working with industry and our partners, more than 13 billion dollars' worth of investment in Canada's auto sector, maintaining and creating more than 16,000 direct jobs.
The auto sector is something near and dear to my heart, since my time in New York City working for a rating agency. At the rating agency, I was actually in charge of the global auto parts coverage, and worked in tandem on the global OEM manufacturers, visiting Wolfsburg Volkswagen in Germany, Peugeot in Paris, Fiat in Turin, Hyundai in Korea, and Japanese manufacturers as well. It is an industry I am very well versed in, and something I have been watching for many years, including during the 2008-09 recession.
It is great to see our government working hand-in-hand with industry, leading the charge, so we can have a vibrant industry here in Canada. It is also good to see the ongoing transformation to electric vehicles, for which Canada is uniquely positioned, both on the human capital side and on the natural resource side.
Turning to Bill C-19, tradespeople and skilled trades build and maintain the critical infrastructure we utilize, and we are dependent upon them on a daily basis in the communities where we raise our families. In my youth, I worked at a pulp and paper mill in northern British Columbia. I spent a few summers there. It was a phenomenal experience, and I learned a lot from the hard-working Canadians who work in our resource sector.
Much like in other infrastructure, be it refineries, pipelines, chemical plants, major infrastructure projects, people who work in the trades travel. They travel quite a distance for what are called “turnarounds” or “shutdowns”. I remember experiencing that. They also travel for permanent relocation.
With that, I am very happy to see, and I was very happy to advocate for, the labour mobility deduction of $4,000 in Bill C-19. It would allow these skilled trades folks to offset some of the costs associated with this travel. It is a well-needed measure that I again advocated for, and it is great to see it in the BIA, Bill C-19.
My riding is home to the training centres and the headquarters of LiUNA 183 and the Carpenters Local 27, and the individuals from these two unions, day in and day out, toil, sacrifice and build without a lot of fanfare. They build our infrastructure and communities. I salute them, and I am proud to be their representative in Ottawa. I will always have the backs of all of them and all the great skilled trades people across this country.
Budget 2022 focuses on three main goals: investing in creating economic growth and innovation, continuing to invest in Canadians, and investing in the ongoing green transition.
We all know quite well that we must act with all levels of government and all stakeholders to make housing more affordable for Canadians. With that, we know we cannot have a growing and strong economy and a diverse and talented workforce, particularly for newcomers coming to Canada, without more homes. We will act, and we are acting.
First, we will allow Canadians who intend to purchase their first home to help them save via a tax-free home savings account. Second, we will increase the supply of housing by launching a $4-billion home accelerator fund to support and incentivize municipalities to build more homes faster. We must break down the red tape, and we must break down the barriers to getting more shovels in the ground and boots working. Third, we need to protect buyers and renters by introducing a homebuyers' bill of rights and bring forward a national plan to end blind bidding. We will also ban foreign buyers from owning non-recreational residential property for two years.
I am one of the representatives in the city of Vaughan, along with the members for King—Vaughan and Thornhill. The city of Vaughan and the York region are home, frankly, to the largest number of home builders in the province of Ontario and, really, in the country.
The joke goes that infrastructure projects in Ontario all seem to touch the city of Vaughan because of the many infrastructure participants there in one shape, form or another, such as names like Greenpark Group, Deco Homes, The Remington Group, Empire Communities, Sorbara Group, Gold Park Homes, TACC Construction, Cortel Group, CountryWide Homes, Canvas Developments, Fernbrook Homes, Royal Pine Homes, Arista Homes and Caliber Homes. Those are from just doing a quick search, and I probably missed about another 10 names.
These are all home builders who are based in the York region in the city of Vaughan. They are entrepreneurs. They came to this country as newcomers. They worked hard and toiled, and they build. They build the communities that we live in. They sacrificed. They employ, directly, tens of thousands of Canadians and, indirectly, many, many more.
Their goal is simple, which is to ensure that Canadians have a home, to create memories for them and their families. We need to build. That is what we will be doing, and that is what these individuals and these firms do. We will work with them and we will work with the municipalities to ensure that we increase the supply of new home construction across Canada and more than double housing construction over the next 10 years.
On my last topic, I am a strong believer in our free market economic system and in competition. Competition leads to innovation and, yes, disruption as well, but competition in our free market and our capitalist system has brought with it the highest standards of living and pulled literally billions of individuals across the globe out of poverty.
However, competition can be eroded. When anti-competitive practices take hold, and with that, I have long advocated for changes and the strengthening of Canada's Competition Act to ensure that business practices do not hold back innovation and competition, it can be detrimental to the interests of consumers and employees. We must hold back on that.
With that, I am pleased to see, in Bill C-19 significant amendments to the Competition Act, which I know are highly technical, but they are very important. They include a proposed criminal offence for so-called wage-fixing and no-poaching agreements between competitors; an explicit prohibition against drip pricing; private access to Canada's Competition Tribunal for abuse of dominance claims; an increase in administrative monetary penalties; an expansion of the scope of the competition bureau's evidence-gathering powers pertaining to section 7; an expansion of the list of factors that may be considered when assessing the prevention and lessening of competition for merger review and non-criminal competitor collaborations; and the amendment of the definition of anti-competitive act for abuse of dominance.
Competition is the essence of our free market and capitalist system. It is wonderful to see the Minister of Finance and Deputy Prime Minister, along with the Minister of Innovation and their teams, collaborating and working in unison to ensure that anti-competitor practices are both disallowed and that the Competition Act be modernized, which we will need to continue to work on for the penalties to be updated.
There is nothing more important to someone like me than to see healthy competition that leads to innovation, job creation and a growing and strong middle class, and there is nothing that makes me angrier and makes me speak out more than when I see anti-competitive practices take hold in any markets.
