House of Commons photoWon his last election, in 2015, with 42% of the vote.
Business of Supply May 14th, 2014
Mr. Chair, according to Mr. Ernewein at the finance committee, there were one million people affected, and it is not just dual citizens. He was reporting that there were one million people affected by this and it is not just dual citizens; it is people who are living with or married to dual citizens as well.
How many days were Canadians given to comment on the intergovernmental agreement, an extremely complex agreement, from the time it was made public on February 5 of this year?
Business of Supply May 14th, 2014
Mr. Chair, the Department of Finance said exactly that: “In the long run, expanding the CPP would bring economic benefits”, and the like. Anyway, that is the finance department.
How many Canadian citizens will be affected by the intergovernmental agreement contained in the current budget implementation act?
Business of Supply May 14th, 2014
Mr. Chair, according to that bank report, well known and well publicized, 5.8 million Canadians, nearly a third of our workforce, are facing a steep decline in the standard of living on their retirement.
My next question is this. Did the Department of Finance tell the minister of state this in a report it wrote?
In the long run, expanding the CPP would bring economic benefits. Higher savings will lead to higher income in the future and higher consumption possibilities for seniors.
Did the minister know that the Department of Finance wrote that?
Business of Supply May 14th, 2014
Mr. Chair, the question that was asked, but never answered, was this: How many Canadians will face a drop of more than 20% in their standard of living when they retire, according to the Canadian Imperial Bank of Commerce?
Business of Supply May 14th, 2014
Mr. Chair, the answer to that question is that it will cost $11 billion for that program cut.
How many Canadians will face a drop of more than 20% in their standard of living when they retire, according to the Canadian Imperial Bank of Commerce?
Business of Supply May 14th, 2014
Mr. Chair, how much will the Conservative cuts to old age security cost Canadian seniors by 2030, given the increase in the eligibility age from 65 to 67?
Business of Supply May 14th, 2014
Mr. Chair, the answer to the question is that it will reach an extra $4.2 billion a year, according to the chief actuary.
Has the minister considered capping the total lifetime contributions an individual could make to TFSAs?
Business of Supply May 14th, 2014
Mr. Chair, I asked whether the minister would reverse a decision by his department to give the Parliamentary Budget Office what it wanted to measure the impact, and apparently the answer is, I do not know.
Because money from a TFSA does not count as income for the purposes of OAS or guaranteed income supplement, wealthy individuals could qualify for these income-tested benefits. What is the projected cost to the old age security program due to the tax-free savings account up to 2050?
Business of Supply May 14th, 2014
Mr. Chair, in December 2012, the Department of Finance refused to give the Parliamentary Budget Officer access to that information to calculate that figure himself. Will the minister reverse the decision and share the data, as the PBO has asked?
Business of Supply May 14th, 2014
Mr. Chair, that was a 2011 platform commitment.
The Auditor General noted in 2012 that Finance Canada has projected the mushrooming fiscal impact of TFSAs out to the year 2050. What is the projected cost to 2050?