Budget Implementation Act, 2016, No. 2  Madam Speaker, we have heard for the last couple of days about how this budget would help middle-class people, especially at the level of about $180,000, where they would get a $900 tax credit. We have also heard in the last couple of days how this would help low-income families with children by giving them the child tax benefit.

Budget Implementation Act, 2016, No. 2  Madam Speaker, I thank the previous speaker for all of his information. I have heard that what the Liberals have done for the rich is take some tax money away, and what they have done with the child tax benefit is to make sure that poor people have enough money for their children.

Budget Implementation Act, 2016, No. 2  Madam Speaker, yes, we have seen a little bit of positive change, but not what was promised when the Liberals rolled out their promises. Almost everything they promised to change has been watered down. If you look at your child tax benefit—

Budget Implementation Act, 2016, No. 2  If we look at the child tax money that the Liberals have handed out, they now do not even want to index it at the rate of inflation for another five years. If we look at the Canada pension plan enhancement, people are surprised that it will only help future retirees and does not do anything for people now, or for people who are out there on disability, or for those who have been raising their children and do not get credit for having done so, because they did not make contributions.

Budget Implementation Act, 2016, No. 2  Madam Speaker, there would not be enough time to say what happens when governments partner with private companies. Most of time when we join with private companies, they seem to get the bigger benefit and the public side always seems to get the shortfall. In Ontario, we paid millions and millions of dollars for Highway 407.

Budget Implementation Act, 2016, No. 2  Madam Speaker, it is my honour to rise today to speak to Bill C-29, a second act to implement certain provisions of the budget tabled in Parliament on March 22, 2016 and other measures. I am also pleased to rise today so I can express my complete disappointment with how the bill has been introduced and the structure of the bill.

Budget Implementation Act, 2016, No. 2  Madam Speaker, during the election, the Liberals said they would invest in Canadian infrastructure. That is on page 15 of their platform, under the subject of infrastructure. However, during the last couple of weeks, we have heard reports which suggest the selling off of some of our public infrastructure, such as airports, bridges, and maybe roads, which is not mentioned in their platform.

Budget Implementation Act, 2016, No. 2  Madam Speaker, during the election, the Liberals said that they would invest in Canadian infrastructure. That is on page 15 of their platform. During the last couple of weeks there have been reports suggesting the Liberals are considering selling off some of our public infrastructure, such as airports, bridges, and ports, which were not mentioned in their platform.

Budget Implementation Act, 2016, No. 2  Madam Speaker, I am just wondering about something. During the election, the Liberals never suggested that they would invest in Canadian infrastructure by privatization. I noticed that the bill has some fancy words in it, like “asset recycling” and “flywheel for investment”. Could the member tell us what the government means by that?

Canada Pension Plan  Mr. Speaker, I have been hearing for the last two days that the sky is going to fall, that business is going to face an apocalypse because of the CPP increase. There are all kinds of increases when people are doing business. It is called the cost of doing business. There is EI. There is WSIB, as my colleague said before.

Canada Pension Plan  Madam Speaker, to the member, thanks very much. You made some good points. One of the things I think we can agree with—

Canada Pension Plan  Madam Speaker, some good statements were made about what we are going to do now for the people and that we have help them out going into the future. We made some adjustments to the CPP in this bill for future generations, but what about the people now? Prior to 2012, a person had the option to retire and collect a pension at 60, or he could collect it at 70.

Canada Pension Plan  Madam Speaker, that is a very good point. One of the problems with the way CPP is set up now is that people have to work those years at the maximum levels and get the maximum benefit as long as they pay the maximum contributions. Unfortunately, because many plants have now been dissolved and people are losing their jobs or could be hurt, there is a gap in that area, which affects the benefits they will receive later on in life.

Canada Pension Plan  Madam Speaker, that is a great point and I said that in my speech. Current retirees are living in poverty, especially because of the lack of affordable housing. They are forced to pay market prices for rent on very limited retirement security, so it is causing a real problem. We have to make sure we do not fall into the same trap as we are in now.

Canada Pension Plan  Madam Speaker, I believe we all have to go Canada-wide and have consultations with the public. I believe that this is an important matter. If what is going to happen is not addressed, with not only our retirees going into the future, but those who will be coming forward in the next 10 or 15 years, we are going to be in a crisis.