House of Commons photoWon his last election, in 2021, with 34% of the vote.
The Economy December 10th, 2021
Madam Speaker, it is an honour to debate this question with my former student from Campus Saint-Jean. There are now two Campus Saint-Jean graduates sitting in the House of Commons.
The results of our plan speak for themselves. There were 154,000 jobs created in November, the GDP increased by 5.4%, and 106% of jobs have been recovered. Our economy is doing well. The Conservatives do not like that, but our government does and so do Canadians.
The Economy December 10th, 2021
Madam Speaker, I congratulate my hon. colleague on her election.
We understand the economic recovery is not equal across the board, but here are the results of our plan: 154,000 new jobs created in November, 5.4% annualized GDP growth in Q3, 106% of jobs recovered, AAA credit rating, and the lowest debt-to-GDP ratio in the G7. The Conservatives do not like that the economy is growing, but we do and so do Canadians.
Taxation December 10th, 2021
Madam Speaker, I thank my hon. colleague for his question.
Our government is committed to asking those who prospered during the pandemic to help pay more for those who did not. Our platform committed to raise corporate income taxes on the largest, most profitable banks and insurance companies, and introduced a temporary Canada recovery dividend, given that they have recovered faster. We are working to implement a global minimum tax, and 136 OECD/G20 framework members have already signed up.
The Economy December 10th, 2021
Madam Speaker, we absolutely understand that inflation and affordability are pressing concerns for Canadians. We also know that this is a global phenomenon and not a made-in-Canada issue.
I also want to assure Canadians that we are working hard to make life more affordable. Our child care plan will reduce costs dramatically. We are committed to addressing housing affordability. We were there for Canadians when the COVID recession hit and we will be there for Canadians as we face this challenge together.
The Economy December 10th, 2021
Madam Speaker, let me share some of the ways the government is helping Canadians with the very real challenge of affordability. A single mom with two kids will receive $13,600 from the Canada child benefit; the average family in Saskatchewan will get almost $1,000 in the carbon price rebate; a student will save more than $3,000, thanks to the changes we made to the loan programs; and in Alberta, a family of two using child care starting January 1 will save, at a minimum, $12,000. That is how we are making life more affordable for all Canadians.
The Economy December 10th, 2021
Madam Speaker, since coming to power, our government has worked to make life more affordable for Canadians. My first vote in the House was on cutting taxes for the middle class. We established the Canada child benefit to support families. We increased support for seniors, reduced small business taxes, increased the Canada workers benefit, and increased the Canada student grant, all to make life more affordable.
The Economy December 10th, 2021
Madam Speaker, I would like to talk about some of the specific ways our government is helping Canadians face the very real challenges related to affordability. A single mother of two will get $13,600 from the Canada child benefit. An average Saskatchewan family will get a carbon pricing rebate of almost $1,000. A student will save $3,000 because of changes to the loan program. That is how we are helping families with affordability.
The Economy December 10th, 2021
Madam Speaker, I thank my hon. colleague for his question and congratulate him on his re-election.
Inflation is an issue of real concern to Canadians, but we know that it is a global phenomenon, not a problem unique to Canada.
I want to reassure Canadians. We are working hard to make life more affordable. Our child care plan will reduce family expenses considerably. We are also determined to make housing more affordable.
The Economy December 9th, 2021
Mr. Speaker, once again, the other side is trying to paint a story of doom and gloom for Canadians, but Canadians know better. Inflation in Canada in November was 4.5%. In the United States, it was 6.2%. It was 6.2% in Mexico. It was 4.9% in New Zealand. The experts agree that this is not a made-in-Canada phenomenon. The former governor of the Bank of Canada, Stephen Poloz, agreed and even the leader of the Conservative Party has agreed that this is a global phenomenon.
The Economy December 9th, 2021
Mr. Speaker, the pressures created by the disruptions in the supply chain and the shift from purchasing services to purchasing goods are real, but they are also transitory.
In the meantime, other additional costs are making life unaffordable for Canadian families. That is why our government is so focused on reducing the cost of child care and the cost of housing.
We are here to make life more affordable, and that is what we are going to do.