Business of Supply  That $30.5 billion amounts to the cost of $1,800 per Canadian family every single year, which they do not get a rebate for. The trickle-down economic impact of this carbon tax is too high for a rebate to even begin to address it.

Budget Implementation Act, 2024, No. 1  If Canadians were not already enduring enough financial pain and suffering caused by their federal government, they will take no solace in knowing that the Liberal government is committed to quadrupling the carbon tax, driving up the cost on everything from food, to groceries, to shelter and energy to heat and cool their homes. The government's most recent tax increase was a 23% hike on the carbon tax on April 1, but there is hope.

Budget Implementation Act, 2024, No. 1  However, Canadians do not actually need to see the analysis; they know the results. They live the results every single day. They feel the carbon tax impact every time they pump fuel at the gas station, open up their energy bill or pick up groceries for dinner. The NDP coalition does not care. Even in the midst of growing poverty and food insecurity, it hiked the carbon tax anyway and is hell-bent on quadrupling it even further.

Main Estimates 2024-25  On the carbon tax, just this week Canadians discovered that, for years, the Prime Minister has been hiding the fact that the carbon tax will cost Canadians $30.5 billion by 2030 and that this works out to $1,824 per family in extra annual costs.

Business of Supply  The least they can expect is a government that respects the value of that hard work and their tax dollars. I will run through a few of the greatest hits of Liberal corruption during the pandemic. We will remember the time the Prime Minister tried to funnel a billion dollars to his friends at the WE organization, an organization that had paid members of his own family hundreds of thousands of dollars in speaking fees.

Budget Implementation Act, 2024, No. 1  Canadians have been hit with 40-year highs in inflation because of the Liberal-NDP government's out-of-control spending. They got the most rapid interest rate hikes seen in Canadian history. They got slammed by a carbon tax scam that only went up, did nothing for the environment and only made the cost of gas, groceries and home heating even more expensive.

Greenhouse Gas Pollution Pricing Act  It said, “incomes are not enough to cover even basic expenses”. Despite the suffering of Canadians, the government continues to hike the carbon tax every single year. There is no common sense in that, and there is certainly no compassion. If the Liberal government refuses to axe the carbon tax, at the very least, it must consider supporting the proposal to reject the Senate amendments to Bill C-234.

Taxation  Speaker, the minister and the leader of the NDP can do as many photo ops with their bikes as they want, but these champagne socialists are taking money from the middle class to give to rich Liberal insiders, their elitist Bay Street buddies and the bloated bureaucracy. This job-killing tax hike vilifies success, punishing small businesses and their workers. That is why GDP per person in Canada is collapsing and Canadians are poor. Before she spends another billion dollars next week to service her debt, can she tell us if this is fair?

Budget Implementation Act, 2024, No. 1  By 2031, budget 2024 will help unlock close to four million new homes and alleviate the pressures. Our government is also providing a $400-million top-up to the $4-billion housing accelerator fund, which is fast-tracking the construction of over 750,000 homes across provinces and territories. As well, we have taken the necessary action with programs that support housing infrastructure through the Canada housing infrastructure fund, investing $6 billion over 10 years.

Budget Implementation Act, 2024, No. 1  He wants to tax away doctors when we have a doctor shortage. He wants to tax home builders when we have a housing shortage. He wants to tax farmers when we have a food price crisis, and he wants to tax small businesses when our economy is already shrinking.

Human Resources committee  Ottawa should also consider tax tools, such as creating a rental housing investment tax credit. However, the main challenge is municipal delays. Federal grants should be tied to housing-growth targets set with provinces, encouraging cities to streamline permit processes.

Business of Supply  In fact, RBC's budget analysis headline for federal budget 2024 was “Lack of spending restraint offset by revenue surprise and tax hikes”. This is the last thing I want to raise. We often say in this place, and I hear rhetoric from the NDP side on it, that companies are being greedy and that usually it is just profit-making.

Business of Supply  Then we look at the Conservatives, and they have lobbyists within the highest level of their party. When the Conservatives were in power, they cut the corporate tax rate from 22% to 15%, which cost $60 billion in corporate handouts, and $2.35 billion of that went to Loblaws and Metro. In the U.S., they have a 21% corporate tax rate, and they are trying to get that up to 28%.

Committees of the House  Members should think about that. We were giving away $30 billion to the wealthiest of Canadians, to the largest and most-profitable corporations, so that they could simply take their money offshore to tax havens and never pay a cent in tax. That is tax they should have been paying that would have essentially taken care of all these other issues that I have been talking about, such as the doubling of the food bank lineups and the fact that housing costs doubled.

Business of Supply  The Prime Minister and his government have betrayed the trust of Canadians with every misallocated dollar. We pay taxes. We send money to the federal government in the hope that the federal government will spend it wisely and, more importantly, offer services and products that we could be proud of. That is not the case right now.