Budget Implementation Act, 2021, No. 1  Madam Speaker, I have a very high degree of confidence in our country's financial institutions. Indeed, the stability of Canada's financial institutions is one of our core economic strengths. The CDIC is one of our key institutions, and the well-regulated, prudent way in which it operates is really central to Canada's stability.

Budget Implementation Act, 2021, No. 1  Madam Speaker, I thank colleagues for their patience with my Internet difficulties today. I apologize and I do really appreciate their forbearance. Small businesses are the cornerstone of our economy and of every main street in Canada. Lockdowns, though necessary, have hit them hardest.

Budget Implementation Act, 2021, No. 1  moved that Bill C-30, An Act to implement certain provisions of the budget tabled in Parliament on April 19, 2021 and other measures, be read the second time and referred to a committee. Mr. Speaker, it is my sincere pleasure to join this debate on Bill C-30, an act to implement certain provisions of the budget tabled in Parliament on April 19, 2021 and other measures.

Canadian Heritage  Mr. Speaker, I thank my colleague for his question. I want to point out that there is no specific exception for Netflix or any other digital company. In fact, on July 1, we will start charging GST and HST to digital service providers like Netflix for the first time in Canadian history.

Ways and Means  moved that Bill C-30, An Act to implement certain provisions of the budget tabled in Parliament on April 19, 2021 and other measures, be read the first time. (Motion deemed adopted, bill read the first time and printed)

Offshore Health and Safety Act  moved that Bill S-3, An Act to amend the Offshore Health and Safety Act, be read the second time and referred to a committee.

Ways and Means  moved that a ways and means motion to implement certain provisions of the budget tabled in Parliament on April 19, 2021 and other measures be concurred in.

Questions on the Order Paper  Mr. Speaker, the most recent projections for Government of Canada debt charges can be found in the fall economic statement 2020, which was released on November 30, 2020 and is available at the following link: https://www.budget.gc.ca/fes-eea/2020/home-accueil-en.html. Specifically, the projection for interest paid on the federal debt for the current year and the following five years can be found in table A1.5 on page 126, in the row labelled “Public debt charges”.

Questions on the Order Paper  Mr. Speaker, the government’s approach to tax policy is to build on its record of making life more affordable for the middle class and those working hard to join it, while promoting greater fairness in the tax system. As part of this approach, the government regularly seeks feedback from Canadians and various advisory panels.

Questions on the Order Paper  Mr. Speaker, the government’s approach to tax policy is to build on its record of making life more affordable for the middle class and those working hard to join it, while promoting greater fairness in the tax system. The government reduced the rate of the second personal income tax bracket from 22% to 20.5%.

Questions on the Order Paper  Mr. Speaker, the government’s approach to tax policy is to build on its record of making life more affordable for the middle class and those working hard to join it, while promoting greater fairness in the tax system. The first action of the government’s second mandate was to introduce a measure that would increase the amount of money Canadians can earn before paying federal income tax to $15,000 by 2023.

Questions on the Order Paper  Mr. Speaker, data from the 2016 survey of financial security was used to assess how sensitive Canadian households could be to short-term income loss. While this survey was carried out a few years ago, the distribution of wealth evolves slowly over time, and as such, the survey is likely a reasonable approximation of the potential financial vulnerability of Canadian families going into the COVID-19 pandemic.

The Budget  Mr. Speaker, I would like to thank the member for his hard work for his community. We know that Canadian businesses need our support as we all fight this third wave of the virus. That is why this budget extends the wage subsidy, the rent subsidy and lockdown support for businesses and other employers until September 25, and extends the CEBA loan application window until June 30.

The Budget  Mr. Speaker, I would like to recognize the member for Brampton West's service as a nurse on the front lines of the pandemic. Our government recognizes the extraordinary and disproportionate toll this pandemic has taken on women, particularly racialized women and those with young children.

The Budget  Mr. Speaker, we knew that the third wave was coming. That is why, in March, we said we would be sending the provinces $4 billion to support them in their fight against the third wave of the virus. In March, we knew now important it was to accelerate the vaccination campaign. That is why we said the provinces would get $1 billion to do that.