Bill C-69

Budget Implementation Act, 2024, No. 1

An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024

Part 1 implements certain measures in respect of the Income Tax Act and the Income Tax Regulations by
(a) denying income tax deductions for expenses incurred with respect to non-compliant short-term rentals;
(b) exempting from taxation the international shipping income of certain Canadian resident companies;
(c) exempting from taxation any income of the trusts established under the First Nations Child and Family Services, Jordan’s Principle, and Trout Class Settlement Agreement;
(d) doubling the volunteer firefighters and search and rescue volunteers tax credits;
(e) extending the eligibility for the Canada child benefit in respect of a child for six months after the child’s death;
(f) increasing the cap on labour expenditures per eligible newsroom employee from $55,000 to $85,000 and increasing, for four years, the Canadian journalism labour tax credit rate from 25% to 35%;
(g) extending eligibility for the mineral exploration tax credit by one year;
(h) providing a refundable tax credit to small and medium-sized businesses in designated provinces by returning a portion of fuel charge proceeds from the province;
(i) providing a refundable investment tax credit to qualifying businesses for investments in certain clean hydrogen projects;
(j) providing a refundable investment tax credit to qualifying businesses for certain investments in clean technology manufacturing property;
(k) amending the definition “government assistance” to exclude bona fide concessional loans with reasonable repayment terms from public authorities;
(l) implementing a number of amendments to the alternative minimum tax;
(m) increasing the home buyers’ plan withdrawal limit from $35,000 to $60,000 and deferring the repayment period by three additional years;
(n) excluding the failure to report under the mandatory disclosure rules from the application of the section 238 penalty;
(o) introducing a $10-million capital gains exemption on the sale of a business to an employee ownership trust; and
(p) implementing a number of technical amendments to correct inconsistencies and to better align the law with its intended policy objectives.
Part 2 enacts the Global Minimum Tax Act , a regime based on the rules of the Organisation for Economic Co-operation and Development (OECD). The global minimum tax regime will ensure that large multinational corporations are subject to a minimum effective tax rate of 15% on their profits wherever they do business. It sets out rules for the purposes of establishing liability for the tax and also sets out applicable reporting and filing requirements. To promote compliance with its provisions, that Act includes modern administration and enforcement provisions generally aligned with those found in other taxation statutes. Finally, this Part also makes related and consequential amendments to other texts to ensure proper implementation of the tax and cohesive and efficient administration by the Canada Revenue Agency.
Part 3 amends the Excise Tax Act , the Excise Act , the Excise Act, 2001 , the Underused Housing Tax Act , the Greenhouse Gas Pollution Pricing Act and other related texts in order to implement certain measures.
Division 1 of Part 3 amends the Excise Tax Act by repealing the temporary relief for supplies of certain face masks or respirators and certain face shields from the Goods and Services Tax/Harmonized Sales Tax.
Division 2 of Part 3 amends the Excise Act , the Excise Act, 2001 and other related texts in order to implement changes to
(a) the federal excise duty framework for tobacco products by
(i) increasing the excise duty rates for tobacco products, including imposing a tax on inventories of cigarettes held by retailers and wholesalers,
(ii) changing the process by which brands of tobacco products for export are exempted from special excise duty and marking requirements,
(iii) allowing certain information to be shared for the administration or enforcement of the Tobacco and Vaping Products Act , and
(iv) requiring the filing of information returns in respect of tobacco excise stamps;
(b) the federal excise duty framework for vaping products by increasing the excise duty rates for vaping products; and
(c) the federal excise duty framework for alcohol by
(i) extending by two years the two per cent cap on the inflation adjustment on beer, spirits and wine excise duties, and
(ii) cutting by half for two years the excise duty rate on the first 15,000 hectolitres of beer brewed in Canada.
Division 3 of Part 3 amends the Underused Housing Tax Act and the Underused Housing Tax Regulations by, among other things,
(a) eliminating filing requirements for certain owners;
(b) reducing minimum penalties for failing to file a return; and
(c) introducing a new exemption for residential properties held as a place of residence or lodging for employees.
Division 4 of Part 3 amends the Greenhouse Gas Pollution Pricing Act by providing authority, in certain circumstances, for the sharing of certain information amongst federal officials and for the public disclosure of certain information by the Minister of National Revenue.
Part 4 enacts and amends several Acts in order to implement various measures.
Division 1 of Part 4 amends the Budget Implementation Act, 2022, No. 1 to delay the repeal of the Prohibition on the Purchase of Residential Property by Non-Canadians Act for two years.
Division 2 of Part 4 amends the National Housing Act to increase the in-force limits for guarantees issued by the Canada Mortgage and Housing Corporation (CMHC) in respect of mortgage-backed securities and Canada Mortgage Bonds and for mortgage default insurance provided by CMHC from the temporary $750 billion to the permanent $800 billion. It also amends the Borrowing Authority Act to avoid the double counting of liabilities related to Canada Mortgage Bonds that are guaranteed by the CMHC and have been purchased by the Minister of Finance, on behalf of the Government of Canada, in the calculation of the maximum amount of certain borrowings under that Act.
Division 3 of Part 4 authorizes the making of payments to the provinces for the fiscal year beginning on April 1, 2024 respecting a national program for providing food in schools.
Division 4 of Part 4 amends the Canada Student Loans Act and the Canada Student Financial Assistance Act to expand eligibility for student loan forgiveness to early childhood educators, dentists, dental hygienists, pharmacists, midwives, teachers, social workers, psychologists, personal support workers and physiotherapists.
Division 5 of Part 4 amends the Canada Education Savings Act to, among other things,
(a) authorize the Minister responsible for that Act to open a registered education savings plan in respect of a child born after 2023 who is eligible for the payment of the Canada Learning Bond and is not the beneficiary under such a plan, so that the Minister may pay a Canada Learning Bond in respect of the child; and
(b) increase, from 20 to 30 years, the maximum age of a beneficiary under a registered education savings plan in respect of whom a Canada Learning Bond may be paid on application.
It also makes consequential amendments to the Income Tax Act .
Division 6 of Part 4 amends the Bretton Woods and Related Agreements Act to increase the maximum financial assistance that may be provided in respect of foreign states.
Division 7 of Part 4 amends the Bretton Woods and Related Agreements Act to increase the amount of the payment that the Minister of Finance may provide to the International Monetary Fund in respect of Canada’s subscriptions. It also amends the International Development (Financial Institutions) Assistance Act and the European Bank for Reconstruction and Development Agreement Act to provide for new financial instruments that the Minister of Foreign Affairs or the Minister of Finance, as the case may be, may use to provide financial assistance to the institutions referred to in those Acts.
Division 8 of Part 4 amends the International Financial Assistance Act to, among other things, provide that foreign exchange losses in relation to programs referred to in that Act must be charged to the Consolidated Revenue Fund and provide for the making of payments to Development Finance Institute Canada (DFIC) Inc. in relation to programs referred to in that Act out of the Consolidated Revenue Fund.
Division 9 of Part 4 amends the Export Development Act to lower the limit for total liabilities and obligations referred to in subsection 24(1) of that Act from $115 billion to $100 billion.
Division 10 of Part 4 amends the Financial Administration Act to broaden the application of subsection 85(2) of that Act to other Crown corporations.
Division 11 of Part 4 amends the Financial Administration Act to require certain banks and other financial institutions to disclose prescribed information for federal payments accepted for deposit.
Division 12 of Part 4 amends the Federal-Provincial Fiscal Arrangements Act to enhance the Canada Health Transfer for qualifying provinces and territories.
Division 13 of Part 4 amends the Pension Benefits Standards Act, 1985 to require that the Superintendent of Financial Institutions publish certain information relating to pension plan investments. It also amends the Pooled Registered Pension Plans Act to require that plan administrators provide specified information by written notice to certain persons when they become members of a pooled registered pension plan.
Division 14 of Part 4 amends the Canada Pension Plan to, among other things,
(a) provide for a death benefit of $5,000 in cases where no other Canada Pension Plan benefit, with the exception of the orphan’s benefit, has been paid in respect of the deceased contributor’s contributions;
(b) create a new child’s benefit for dependent children aged 18 to 24 who are in part-time attendance at school;
(c) maintain eligibility for the disabled contributor’s child’s benefit if the disabled contributor reaches the age of 65;
(d) allow for the deeming of an application for a disabled contributor’s child’s benefit on behalf of a child to have been made at an earlier date under the Canada Pension Plan ’s incapacity provisions;
(e) preclude entitlement to a survivor’s pension if an individual has received a division of unadjusted pensionable earnings in respect of their deceased separated spouse; and
(f) clarify the determination of the payee of the disabled contributor’s child’s benefit.
It also makes a consequential amendment to the Canada Pension Plan Regulations .
Division 15 of Part 4 amends the Public Sector Pension Investment Board Act to provide for the payment of certain amounts into the Consolidated Revenue Fund by the Public Sector Pension Investment Board.
Division 16 of Part 4 enacts the Consumer-Driven Banking Act , which establishes a consumer-driven framework for individuals and small businesses to safely and securely share their data with the participating entities of their choice.
It also makes related amendments to the Financial Consumer Agency of Canada Act to establish the position of Senior Deputy Commissioner for Consumer-Driven Banking who is responsible for consumer-driven banking matters and to provide for, among other things, the supervision of participating entities.
Division 17 of Part 4 amends the Bank Act to, among other things, clarify the definitions “deposit-type instrument” and “principal-protected note”.
Division 18 of Part 4 amends the Office of the Superintendent of Financial Institutions Act to increase to $100,000,000 the maximum amount that expenditures made out of the Consolidated Revenue Fund to defray the expenses arising out of the operations of the Office may exceed the Office’s total assessments and revenues.
Division 19 of Part 4 amends the Bank of Canada Act to clarify that the Bank of Canada may enter into repurchase, reverse repurchase and buy-sellback agreements.
Division 20 of Part 4 amends the Canada Business Corporations Act to
(a) harmonize fines for a corporation guilty of an offence related to the collection or sending of information regarding individuals with significant control; and
(b) set separate fines and imprisonment terms on the basis of a summary conviction or a conviction on indictment for a director, officer or shareholder of a corporation guilty of an offence related to individuals with significant control.
Division 21 of Part 4 amends Parts I to III of the Canada Labour Code to, among other things,
(a) provide that a person who is paid remuneration by an employer is presumed to be their employee unless the contrary is proved by the employer;
(b) provide that if, in any proceeding other than a prosecution, an employer alleges that a person is not their employee, the burden of proof is on the employer; and
(c) prohibit an employer from treating an employee as if they were not their employee.
Finally, it also includes transitional provisions.
Division 22 of Part 4 amends the Canada Labour Code to, among other things, set out certain employer obligations relating to policies respecting work-related communication and clarify certain employee rights and employer obligations relating to terminations of employment. It also includes transitional provisions.
Division 23 of Part 4 amends the Employment Insurance Act to extend, until October 24, 2026, the duration of the measure that increases the maximum number of weeks for which benefits may be paid in a benefit period to certain seasonal workers.
Division 24 of Part 4 amends section 61 of An Act for the Substantive Equality of Canada’s Official Languages in order to add a reference to subsections 18(1.1) and (1.2) of the Use of French in Federally Regulated Private Businesses Act in subsection 19(1) of that Act, which An Act for the Substantive Equality of Canada’s Official Languages enacts.
Division 25 of Part 4 authorizes a corporation that is to be incorporated as a wholly owned subsidiary of the Canada Development Investment Corporation to provide loan guarantees as part of an Indigenous loan guarantee program and authorizes the payment out of the Consolidated Revenue Fund by the Minister of Finance of amounts that are required in respect of those guarantees.
Division 26 of Part 4 authorizes the payment of up to $1.3 million to entities or individuals involved in the government’s engagement in a pilot project for the creation of a Red Dress Alert.
Division 27 of Part 4 provides that the subsidiary of VIA Rail Canada Inc. incorporated with the corporate name VIA HFR - VIA TGF Inc. is, as of the date of its incorporation, an agent of His Majesty in right of Canada and may enter into contracts, agreements and other arrangements with His Majesty as though it were not such an agent.
Division 28 of Part 4 amends the Impact Assessment Act , in response to the majority opinion of the Supreme Court of Canada on the constitutionality of that Act, to, among other things,
(a) align the preamble and purpose provision with the primary objective of that Act, which is to prevent or mitigate significant adverse effects within federal jurisdiction — and significant direct or incidental adverse effects — that may be caused by the carrying out of physical activities;
(b) replace the definition “effects within federal jurisdiction” with “adverse effects within federal jurisdiction” and, in doing so,
(i) restrict the definition to non-negligible adverse changes,
(ii) limit transboundary changes to those involving the pollution of transboundary waters and the marine environment, and
(iii) include, in respect of federal works or undertakings and activities carried out on federal lands, non-negligible adverse changes to the environment or to health, social and economic conditions;
(c) ensure that the impact assessment process applies only to those physical activities that may cause adverse effects within federal jurisdiction or direct or incidental adverse effects;
(d) ensure that, in deciding if an impact assessment of a designated project is required, one factor that the Impact Assessment Agency of Canada must take into account is whether another means exists that would permit a jurisdiction to address those effects;
(e) amend the final decision-making provisions to provide for an initial determination as to whether the adverse effects within federal jurisdiction and the direct or incidental adverse effects are likely to be, to some extent, significant, and then, if so, provide for a determination as to whether those effects are justified in the public interest; and
(f) improve cooperation tools to better harmonize the impact assessment process with the processes for assessing effects that are followed by provincial and Indigenous jurisdictions.
Finally, it also includes transitional provisions.
Division 29 of Part 4 amends the Judges Act to increase the number of salaries authorized for judges of superior courts other than appeal courts. It also reduces in a corresponding manner the number of salaries authorized for judges of provincial unified family courts.
Division 30 of Part 4 amends the Tax Court of Canada Act to provide that, if a party to a proceeding under the general procedure of the Tax Court of Canada is not an individual, that party must be represented by counsel, except under special circumstances.
Division 31 of Part 4 amends the Food and Drugs Act to, among other things, authorize the Minister of Health to
(a) establish rules for the purpose of preventing, managing or controlling the risk of injury to health from the use of therapeutic products, other than the intended use, or the risk of adverse effects on human beings, animals or the environment from the use of a drug intended for an animal;
(b) exempt any food, therapeutic product, person or activity from the application of certain provisions of that Act or its regulations; and
(c) deem, on the basis of decisions of, information or documents produced by, a foreign regulatory authority, that certain requirements of that Act or its regulations are met in respect of a therapeutic product or food.
Finally, it also includes a transitional provision.
Division 32 of Part 4 amends the Tobacco and Vaping Products Act to authorize the provision of customs information to the Minister responsible for that Act for the purpose of the administration and enforcement of that Act and to authorize that Minister to disclose information to other federal ministers for certain purposes.
Division 33 of Part 4 amends the Criminal Code to broaden the criminal interest rate offence to prohibit a person from offering to enter into an agreement or arrangement to receive interest at a criminal rate and from advertising an offer to enter into an agreement or arrangement that provides for the receipt of interest at a criminal rate. It also repeals the provision that requires the consent of the Attorney General prior to commencing proceedings related to the offence.
Division 34 of Part 4 contains measures that are related to money laundering, terrorist financing and sanctions evasion and other measures.
Subdivision A of Division 34 amends the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to, among other things,
(a) permit information sharing between reporting entities for the purpose of detecting and deterring money laundering, terrorist financing and sanctions evasion;
(b) authorize, subject to certain conditions, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) to disclose certain information to provincial and territorial civil forfeiture offices and to the Department of Citizenship and Immigration;
(c) authorize FINTRAC to publicize additional information pertaining to violations of that Act; and
(d) extend the application of that Act to cheque cashing businesses.
It also makes consequential amendments to the Personal Information Protection and Electronic Documents Act and the Cross-border Currency and Monetary Instruments Reporting Regulations .
Subdivision B of Division 34 amends the Income Tax Act and the Excise Tax Act to allow provincial or superior court judges, a judge of a superior court of criminal jurisdiction or a judge as defined in section 552 of the Criminal Code to grant on application by a Canada Revenue Agency official the authorization to use device or investigative technique, or procedure or otherwise do any thing provided in a warrant, for purposes of tax investigations.
Subdivision C of Division 34 amends the Criminal Code to provide for an order to keep an account open or active and for a production order to require the production of documents or data that are in a person’s possession or control on dates specified in an order that fall within the 60-day period after the day on which it is made.
Division 35 of Part 4 amends the Criminal Code to, among other things,
(a) create new offences in respect of motor vehicle theft, including an offence concerning the possession or the distribution of an electronic device suitable for committing theft of a motor vehicle, and in respect of criminal organizations; and
(b) add, as an aggravating factor, evidence that an offender involved a person under the age of 18 years in the commission of an offence.
It also makes consequential amendments to other Acts.
Division 36 of Part 4 amends the Radiocommunication Act to, among other things, prohibit the manufacture, import, distribution, lease, offer for sale, sale or possession of certain devices specified by the Minister of Industry. It also amends that Act to establish as an offence or a violation the contravention of that prohibition.
Division 37 of Part 4 amends the Telecommunications Act to, among other things, require telecommunications service providers to provide their subscribers with a self-service mechanism that allows them to cancel their contract for telecommunications services or modify their telecommunications service plan and to inform those subscribers before the expiry of their fixed-term contract, as well as in other specified circumstances, of other service plans that those providers offer. It also amends that Act to prohibit the charging of certain fees.
Division 38 of Part 4 amends the Corrections and Conditional Release Act to, among other things,
(a) provide that the Correctional Service of Canada is responsible for implementing any arrangement — approved by the Minister of Public Safety and Emergency Preparedness — entered into by the Commissioner of Corrections and the Canada Border Services Agency with respect to the support that the Service may provide to the Agency to assist in the exercise of certain powers or the performance of certain duties and functions;
(b) control the access of the inmates of a penitentiary to a designated immigrant station adjacent to the penitentiary and the access of the immigration detainees of a designated immigrant station to a penitentiary adjacent to the station; and
(c) provide that, in exigent circumstances, staff members of the Service may provide additional support to detention enforcement officers of the Agency to assist them in the exercise of certain powers or the performance of certain duties and functions.
It also amends the Immigration and Refugee Protection Act to define the term “immigrant station”, to provide that an area of a penitentiary may be an immigrant station only if it is designated under the Corrections and Conditional Release Act and to set out the circumstances under which a person detained under that Act may be detained in a designated immigrant station.
Finally, it provides for the repeal of those amendments on a specified date and includes a transitional provision.
Division 39 of Part 4 contains measures related to public debt and the borrowing of money.
Subdivision A of Division 39 amends the Financial Administration Act to clarify that certain regulations and directions do not apply to contracts related to the borrowing of money entered into by the Minister of Finance.
Subdivision B of Division 39 amends the Borrowing Authority Act to increase the maximum amount of certain borrowings.
Division 40 of Part 4 amends the Trust and Loan Companies Act , the Bank Act and the Insurance Companies Act to require certain financial institutions to make available information respecting diversity among directors and members of senior management.
Division 41 of Part 4 amends the Trust and Loan Companies Act , the Bank Act and the Insurance Companies Act to extend the period during which federal financial institutions governed by those Acts may carry on business.
Division 42 of Part 4 amends the Federal Courts Act to provide that the Federal Court has jurisdiction to hear applications for judicial review of decisions of the Social Security Tribunal on the extension of time to make a request for review or reconsideration under the Canada Disability Benefit Act . It also amends the Tax Court of Canada Act and the Department of Employment and Social Development Act to, among other things, provide the Tribunal with jurisdiction to hear appeals of decisions made under the Canada Disability Benefit Act and require that matters related to income raised in those appeals be referred to the Tax Court of Canada.
Division 43 of Part 4 amends the Controlled Drugs and Substances Act to repeal provisions related to the ministerial power to exempt supervised consumption sites from the application of that Act. It also amends that Act to allow for the making of regulations respecting authorizations for supervised consumption and drug checking services and includes transitional provisions.

Budget Implementation Act, 2024, No. 1

[Peter Julian, NDP, New Westminster—Burnaby, BC]

Mr. Speaker, all the major Quebec trade unions—the Centrale des syndicats démocratiques, the Centrale des syndicats du Québec, the Confédération des syndicats nationaux and the Fédération des travailleurs et travailleuses du Québec—have said that the pharmacare bill the NDP forced the government to introduce in the House is worthwhile and important.

Should Quebec members not listen to these unions, who have long been demanding the implementation of a public pharmacare system that does not have all the flaws and loopholes of the current Quebec system?

[Alexandre Boulerice, NDP, Rosemont—La Petite-Patrie, QC]

Mr. Speaker, we definitely need to listen to workers' representatives because this will have direct impacts.

Take, for example, a person who works part time in a grocery store three days a week and who has to pay for supplementary health insurance. Given the unaffordable and out-of-control cost of medication, we end up meeting people who have to spend 25% to 30% of their pay on supplementary insurance through their employer. That is not sustainable.

If we want to help these people, we need a true public, universal pharmacare plan.

[Michael Coteau, Liberal, Don Valley East, ON]

Mr. Speaker, I appreciate the opportunity to speak in the House today.

On April 16, the government introduced a new budget. I would like to take this opportunity to thank the Minister of Finance for bringing forward a document that reflects where this country is today and aims to tackle some of the big challenges we face, but that also looks for ways to seize the opportunity to help build a better tomorrow.

I have always viewed the budget as a road map a government puts forward to ensure that we can navigate barriers and help us position ourselves as a country to get to where we need to be. It lays out the necessary supports and programs that will assist the citizens of this great country to pursue their future, and it provides a glimpse into the potential of tomorrow. I believe that budget 2024 moves our country in the right direction, and it is very aligned with the people of Don Valley East, who are also committed to building a better country.

Today I want to talk about the budget, and I want to talk specifically about how it impacts young people, children and youth, in our country, but also I want to talk a little about the investments, specifically the investments into AI, we are making into the future to help support our economy.

First I would like to revisit a couple of points I made in the fall economic statement about our job here in the House. We are sent here on behalf of our constituents to make decisions. We have choices. Last year I said that we come into the House, are presented with a bunch of decision points and have the opportunity to vote yes or no. The Conservatives and all members of the House will have the opportunity to either support these programs or not support these programs.

This is a massive responsibility as an MP, one that cannot be taken lightly. We have a responsibility to do what is right for our community. This year's budget builds on a continued approach that puts people first and seizes opportunities. It builds on years of commitment toward supporting Canadians of all ages and all walks of life in all regions of this country.

I want to mention I will be sharing my time with the member for Winnipeg North today.

The budget builds on what has made Canada successful over all these years. It is why Canada continues to rank among the top countries in the world when it comes to economic development, safety, quality of life, cultural diversity, natural beauty, education and our health care system, but also our political stability. We can see these rankings every single day. A ranking a few days ago said that Canada was the safest country in the world to travel in. However, despite all of the accomplishments this country has, there are some members of the House who do not acknowledge the success of this country. I still believe Canada remains the best place on the entire planet to be.

There is constant rhetoric in the House from the Leader of the Opposition and other Conservatives that portrays this country as broken. It portrays an image that we, as a country, have a dim future. I understand that is part of a larger strategy, to downplay the country, but when we speak poorly of our country, what it actually does is that it destroys the dreams and aspirations of its citizens. It is our job as members of Parliament to build opportunity and to build up hope by putting in place the right types of programs and supports to make sure we elevate opportunity in this country.

I would like to take this opportunity to talk about the budget and what the Conservatives will be voting against, specifically around programs and supports when it comes to children and young people, but also the artificial intelligence investments we will be making. I am committed to helping all people in my community, but today I want to talk about children. I want to talk about what we are doing to prepare them for the future and I want to talk about some of the services we are putting in place and continue to support as a government. I want to talk about how we are going to invest into the future and invest into opportunity.

I am not sure whether the Speaker knows this, but I was a school board trustee. I served at the Toronto District School Board for eight years, and it was perhaps one of the most rewarding opportunities I had as a young politician. While I was there, we worked on student nutrition programs. My area, ward 33, was one of the first places in the city that had breakfast programs in every single school, and I was quite proud of that.

It was through the advocacy of people in my community, parents and also student advocates, that we were able to do that. One of the things I noticed is that our country, Canada, was the only country in the G7 that did not have a national food program. I am happy that, many years later, here I am in the House of Commons as part of a government that is investing in young people and creating a school nutrition program for this country.

We know that when a young person is not getting the right types of nutrients, this impacts their behaviour, their learning and their memory. We know that if we make the right investments into young people at an early age when it comes to getting the right type of nutrition, we are going to produce better students and therefore better Canadians.

We are also going to continue to invest in child care, $10-a-day child care. We know that this will have a significant impact in our communities. It also impacts our workforce because it frees up more women and more men to go into the workforce rather than staying home, because it becomes affordable. I am very happy to support in the House that program and its expansion. Again, people listening should know that this program and the student nutrition program are other programs that the Conservatives will be voting against.

With respect to dental care, oral health is imperative for the success of young people. Young people were among the first to receive dental care. I am proud, again, to be part of a government that puts young people first. We are going to build off that. We are working on having all seniors, people living with disabilities and low-income Canadians at the forefront of the program so we can ensure that people get the right type of health care they need. Again, folks watching should know that this is another program that the Conservatives will be voting against.

The next thing I want to talk about is the investments into artificial intelligence. We know that AI is going to change the world around us. In fact, just minutes ago, I introduced a report for the HUMA committee that spoke to the workforce of the future and what it will look like. I am proud of the work we did on the committee to look into how AI will impact the workforce.

The government is investing $2 billion into artificial intelligence to better position companies, researchers and start-ups in this country so we can have a better handle on how AI is going to interact with our economy. This is about building a better Canada for the young people I mentioned earlier. These are the investments we are making as a government, as anyone who supports the budget will be, to support young people in this country.

Over the last two years that I have been here, I have noticed that the government has been bold over the last decade in putting forward new national programs that are changing the trajectory of this country. There were programs established, when we were a very ambitious country, in the 1960s and 1970s, like health care and old age security, programs that connected to all provinces, right across the country, such as our pension plan.

For the first time in many decades, there is a government that is investing in new national programs like child care, dental care, pharmacare and a student nutrition program. These are programs that should not be taken lightly. These are game-changers. I am proud to be part of a government that is investing into these types of programs.

Going back to my first point, we have choices as MPs in the House to decide which direction we want our country to go in. In the budget, and specifically speaking to investing in our future through our investments in AI and, even more importantly, our investment in the next generation of learners, the next generation of people within our workforce and the next generation of good citizens in our country, there are the types of investments we should be making to ensure that we as a country continue to remain the best country on the planet.

[Marilyn Gladu, Conservative, Sarnia—Lambton, ON]

Mr. Speaker, I do see some irony in the fact that the budget bill is called Bill C-69, because one might remember that the last Bill C-69 ended up being ruled unconstitutional by the Supreme Court because the federal government was sticking its nose into provincial jurisdiction. Here we have, in budget 2024, the government sticking its nose into child care and creating fewer spaces than ever existed and into dental care and not consulting the dentists, and decriminalizing more hard drugs than are actually in its pharmacare plan.

Why is the government pouring $40 billion more on the inflationary fire so that the Governor of the Bank of Canada cannot reduce inflation rates and get inflation down?

[Michael Coteau, Liberal, Don Valley East, ON]

Mr. Speaker, I think this is a perfect example of where ideology overtakes common sense and decency in politics. Here, we have a situation where one in four young people are going to school hungry in this country, and some provinces may be responding well and some may not be responding well.

We have an opportunity, as members of Parliament, and this goes back to my point that we have choices to make in the House. Rather than getting wrapped up in jurisdiction, why do we not get wrapped up in doing what is right for young people in this country and make the investment into their nutrition?

[Denis Trudel, Bloc, Longueuil—Saint-Hubert, QC]

Mr. Speaker, I listened to my colleague's speech. I am wondering what kind of alternate reality the Liberals are living in right now. I do not know. They talk about Canada as though it were one of the best countries in the world.

When it comes to the fight against climate change, almost all of the statistics out there show that Canada is dead last. That is not to mention the housing crisis. We need to build 5.8 million housing units in the coming years. The number of homeless encampments is growing across Canada. Homelessness has doubled in Quebec over the past five years, since the Liberals launched their major national housing strategy in 2017.

Yesterday, I was driving around Gatineau and I saw a homeless encampment on the side of the road. I had to wonder whether I was in Gatineau or Calcutta. I am wondering what planet my colleague is living on.

[Michael Coteau, Liberal, Don Valley East, ON]

Mr. Speaker, there are politicians out there who want to create the image that this country is a dim, miserable place; I refuse to believe that. This is a country where one can go out and seize opportunity and where governments, schools and so many great people will invest in young people and in recreational programs. I spoke about, for example, nutrition programs.

We have perhaps the most freedom, as Canadians, to speak our minds. People can walk into my office, and tell me what they think of me and what they think of this government, freely, and that is very rare in any country. People should never look at this country as being a place without opportunity and as having a dim future. I believe Canada remains the best country in the world to be in, and that is why I am so proud to be a Canadian.

[Lori Idlout, NDP, Nunavut, NU]

Uqaqtittiji, I would like to thank the member for his intervention and for mentioning the national food program, which I think is quite important.

I would like to know what he would say to all the Nunavut children. Even with the program, they will still go to school without enough sleep because they are forced to sleep in overcrowded housing situations. They are forced to go to school without enough sleep because of the mouldy housing conditions they are forced to endure. They have no place to do home work and have schools that are falling apart.

What does he say to those children who might have the national food program, but they still struggle with hurdles to graduate with the same level of grade 12 as other Canadians?

[Michael Coteau, Liberal, Don Valley East, ON]

Mr. Speaker, I thank the member for the really important question because there are many children across this country, in all regions, who still face challenges. I will say to those children directly that I will continue to work as hard as I can, like I have over my 20 years in politics, to ensure that we continue to fight and to build the best supports and programs aimed at children.

In this budget, we continue to build on child care and on dental care for young people, and a nutrition program for young people. These are programs that are investing in our future, and I will continue to do what I can to fight for ever single child in this country.

[Kevin Lamoureux, Liberal, Parliamentary Secretary to the Leader of the Government in the House of Commons]

Mr. Speaker, when I think of Bill C-69, I think of a sense of fairness for generations X and Z, and the millennials, and how important it is that, as a government, we provide hope. We have seen this put into practice over the years in budgetary and legislative measures that provide that sense of hope for all, recognizing how critically important Canada's middle class is, and those aspiring to be a part of it. Building a stronger economy, and building and reinforcing Canada's middle class, is good for all Canadians. It would ultimately ensure, as my colleague spoke about before, that Canada would be the best place in the world to call home.

The actions we have taken, to date, reinforce the opposite of what the Conservative Party has been talking about. As Conservatives travel the country, spreading misinformation, talking about Canada being broken, nothing could be further from the truth when things are put into the proper perspective of what is happening around the world.

Canada is doing well in comparison to any other country in the world, I would argue. It does not mean that we do not recognize the issues that Canadians are having to face today. That is why, when we talk about issues such as affordability, interest rates and housing, we not only understand and appreciate them, but also take tangible actions to support Canadians. We do not take that lightly. Much like during the pandemic, when the government stood up in a team Canada approach, working with people and other governments, we were there in a very real and tangible way.

I love the contrast between today's Prime Minister and the leader of the Conservative Party. Canadians really do have choices, which is becoming more evident to the degree that they are opposites. We talk about measures such as a pharmacare program and the national school food funding program incorporated into this budget, and the first-ever Canada disability benefit, not to mention the Canadian dental care plan. There are many initiatives we have provided, both in this budget and in other budgets, which have led to ensuring a much higher sense of fairness. There are taxation policies, whether it is the capital gains, the extra tax on the wealthiest 1% in the first budget we introduced or the cut to Canada's middle-class tax bracket. We can talk about the grocery rebate and the enhancement of the guaranteed income supplement, not to mention the OAS being raised for those who are collecting it over the age of 75.

Compare that to what we hear from the Conservatives today. They say they would to fix the budget. Fixing the budget is code. I would suggest there is in fact a hidden Conservative budget they do not want to talk about because it would put on the chopping block a lot of the work we have been able to accomplish over the last number of years, whether it is with respect to the national child care program of $10-a-day day care, which has received phenomenal support across every region of our country, or whether it is the provinces and territories having signed on to programs such as pharmacare.

Yesterday, we witnessed Conservative after Conservative stand up to say that they do not support the pharmacare program. We saw Conservatives stand up to say that they do not support the investments we are making in health care because they do not believe the federal government has a role to play in health care. The contrast is immense. When the Conservatives talk about fixing the budget, they mean cuts, and let there be no doubt about that.

As we continue to bring in policies, whether they are budgetary measures or legislation, let us be very clear that the objective is to recognize the values that Canadians have and the sense of fairness that they want to see put into things such as budgets. They want to see a government that truly cares about the middle class and about expanding the middle class. The healthier and stronger the middle class is, the better the economy will be. We know that.

The Conservatives can spread false information, but the reality speaks volumes. Let me give two very specific examples. In 10 years, Stephen Harper, as prime minister, generated just under one million jobs. In less time, our Liberal government, working with Canadians and other jurisdictions, has generated over two million jobs. That is also taking into consideration a worldwide pandemic, where there was an economic shutdown in many areas.

Our policies are working. In my mind, one of the most powerful statements from the budget released by the Deputy Prime Minister was around foreign direct investment to Canada, and I referenced that yesterday. Individuals and corporations around the world are looking at Canada and saying that they want to invest in Canada. There is a reason they want to invest in Canada, and it is about economic stability and other factors.

On a per capita basis, Canada is number one of the G7 countries on foreign direct investment. The G7 includes the European Union, England, Japan, U.S.A., France and Germany. We are number one when it comes to foreign direct investment. People are putting their money where they believe the potential is the greatest for being able to expand and to have opportunities. Contrast that to the world. If we do that for the entire world, we will see that Canada places number three for foreign direct investment, based on last year's first three quarters, which is where I got those numbers.

People around the world are looking at Canada as a place to invest, and I think that speaks volumes and is complemented by the fact that we have created over two million jobs, all while recognizing the important programs and the expectations Canadians have that we will be there for them, first and foremost, on the issue of health care. We continue to invest historic amounts of money in health care because we understand what is important to Canadians. Unlike the Conservative Party, we are going to be there to ensure that we have a health care system that we could all be proud of, not only for today but also for future generations.

Those types of commitments and contrasts are what Canadians will see between the Liberals and the Conservatives. We will continue to expand on that contrast in the coming months. In 18 months or so, when there is an election, people will see the leader of the Conservative Party for who he is, a leader who has no problem meeting with groups like Diagolon.

Liberals are meeting with real people, and who is the leader of the Conservative Party meeting with? Who is he listening to, in order to come up with policy ideas that would help Canadians? Contrast who we are to who they are. In the end, we will continue to work with Canadians to build a stronger, healthier economy and society.

[Doug Shipley, Conservative, Barrie—Springwater—Oro-Medonte, ON]

Mr. Speaker, the hon. member mentioned that “Canada is doing well”. I spoke to many residents over the past couple of weeks and want to give two examples of Canadians I spoke to. The member can let me know if he is differentiating between how Canadians are doing and how Canada is doing.

I had two calls last week. One of them was from a senior who is no longer eating lunch because she cannot afford it. She is trying to feed her disabled son, so she has cut out a meal. Is she doing well? The second one was from a lady who has missed the last couple of months of her mortgage payment. She has great fear that she will lose her house. She was in tears while on the phone with me.

I do not think those Canadians are doing well. In the member's speech, he said “Canada is doing well”. Can he please differentiate between Canada and Canadians? I do not think Canadians are doing too well.

[Kevin Lamoureux, Liberal, Winnipeg North, MB]

Mr. Speaker, what I said was that in comparison to any other country around the world, Canada is doing relatively well. That does not mean that, as a society, even if the country is doing relatively well, we should not demonstrate compassion and heart in dealing with individuals. There are individuals who are going through a great deal of hardship. That is one of the reasons why we continue to work as hard as we do.

Not everyone is doing as well as we would like to see, but I think it would be a far stretch to say that because parts of society are not doing well, Canada is, therefore, broken. There always have been and, sadly, there will continue to be people who are going to have difficult times. That is why it is so important that the Conservatives get on board and support some of the social programming that we are putting in place, so that there is a higher sense of fairness and fewer people who are having difficult times.

[Denis Trudel, Bloc, Longueuil—Saint-Hubert, QC]

Mr. Speaker, for the past few days, the number of devastating articles published in Quebec newspapers about the housing crisis have really surged. This morning, Josée Legault wrote the following about the housing crisis in the Journal de Montréal:

Some Quebeckers can't find reasonably housing. Some are forced to live in substandard apartments neglected by their landlords.

Some have been ruthlessly evicted so that the owner can rent out the property for more money. Some can't afford exorbitant rent increases. And some others are forced to live in a van, in Quebec, in 2024.

Housing committees everywhere are overwhelmed. The same goes for the Tribunal administratif du logement. Distress calls are on the rise.

Radio‑Canada reported that members of the Regroupement des ressources alternatives en santé mentale du Québec and the Regroupement des comités logement et associations de locataires du Québec are sounding the alarm.

We are hearing about tenant harassment. Even depression and suicidal thoughts. At the same time...homelessness is becoming normalized....

In my colleague's opinion, how will the housing budget resolve the kinds of situations that Josée Legault talked about this morning, considering that it creates twice the administrative burden and will take years to produce results on the ground?

[Kevin Lamoureux, Liberal, Winnipeg North, MB]

Mr. Speaker, if the Bloc members are genuine about wanting to help solve the housing issue, they will do what we have witnessed in other jurisdictions. For example, recently we had the Premier of Manitoba join the Prime Minister, the respective housing ministers and the mayor of Winnipeg to talk about the housing issue and how the three levels of government, along with the different stakeholders, are going to work together in an attempt to deal with the housing situation in the province of Manitoba.

The difference between the Liberals and the Bloc is that the Bloc wants to separate, at all costs. From a Liberal perspective, we want to work with the different levels of government so that we can provide the types of services that people of all communities want to see. That includes addressing the housing issue. However, that is going to take more than one level of government. We know that. Fortunately, there are many levels of government working with the federal government. The federal government, for the first time, not only has taken the initiative to be there on the housing file, but has invested historic amounts of money at the same time.

[Doug Shipley, Conservative, Barrie—Springwater—Oro-Medonte, ON]

Mr. Speaker, I will be sharing my time with the member for Fort McMurray—Cold Lake.

I am honoured to rise in the House and add the voice of the people of Barrie—Springwater—Oro-Medonte to today's debate. I want to take a moment to go over the unfortunate state of this country's finances after nine years of deficit budgets and how the Liberal government's inflationary policies are affecting families in my community.

Under the Liberal government, mortgage payments have doubled, down payments have doubled, rents have doubled, the cost of gas, groceries and home heating has skyrocketed and people cannot afford to eat, heat or house themselves. The Prime Minister said repeatedly that doubling the national debt would have zero consequences and the budget would balance itself. Unfortunately, the Prime Minister did not have the foresight to realize that doubling the national debt would drive up interest rates to historic modern highs, and now the government will spend over $54 billion in interest on the national debt. That is more than the government is spending on provincial health care transfers.

The Parliamentary Budget Officer, in his latest report, stated that budget 2024 marks the third consecutive fiscal plan in which the government's new measures, even after accounting for revenue-raising and spending reviews, have exceeded the incremental “fiscal room” resulting from economic and fiscal developments.

Conservatives had three simple demands leading up to this year's budget. We committed that if the Liberal government introduced measures to immediately pass Bill C-234 in its original form, require cities to permit 15% more homebuilding each year as a condition for receiving federal infrastructure money, and cap spending with a dollar-for-dollar rule to bring down interest rates and inflation, we would give our support to the budget. Unfortunately, the Prime Minister and the finance minister ignored our pleas for a balanced budget, lower taxes and more homes for Canadians, and decided to add more than $60 billion in new spending that will keep inflation and interest rates higher than Canadians can afford. That means higher taxes, higher inflation, higher interest rates, higher rents and higher mortgage payments.

I would like to spend some time discussing three central issues that I hear often from members of my community: the high cost of housing, the carbon tax and public safety.

First, one of the top concerns for residents in my community is housing affordability. In my riding, the cost of housing has skyrocketed under the Liberal government. Residents in my riding are now forced to spend almost $2,000 a month on a one-bedroom apartment. The only solution to this crisis is for the Liberals to build more homes. Unfortunately, the Prime Minister told Canadians directly that housing is not a federal responsibility, and bureaucrats in his own housing department have confirmed that the government has no plans to bring down housing costs by building the homes that Canadians need.

According to Statistics Canada, between January 1 and November 30, 2023, Canada built 17,000 fewer homes than in the previous year. Instead of taking real action to address this issue, the Liberal government is concerned with photo ops and ribbon cuttings. The numbers do not lie. The government has failed an entire generation of Canadians who fear that they will never be able to own a home.

I see the crisis surrounding interest rates playing out in my community. I receive calls and emails constantly from residents whose mortgage rates have doubled. Recently, a retiree in my riding saw their mortgage jump from $1,100 a month to $2,600 in less than a year. It has not always been like this in Canada. Nine years ago, the average down payment on a home was approximately $20,000. Now the massive cost of even a modest home in my community is forcing residents to save for longer and longer. It now takes 25 years to save up for the cost of a down payment, and the needed down payment for a home has doubled.

Roughly 64% of the average pre-tax monthly income is needed to pay the monthly costs associated with housing. This crisis has made the dream of home ownership impossible for all but the wealthiest few. In fact, 76% of Canadians who do not own homes believe they never will. The Liberal government had nine years to address this issue. The housing crisis is a policy and leadership failure from the Liberal government.

I will go on to an issue that is directly affecting families and farmers in my community: the carbon tax. Just a few weeks ago, the Prime Minister hiked his punishing carbon tax by 23% as part of his plan to quadruple the carbon tax over the next six years. The Parliamentary Budget Officer told members of this House that Canadians would be better off without the carbon tax, saying that they would experience higher income growth while the price of food would come down, but the Liberal government went ahead with its tax anyway.

To illustrate the impact this tax is having on the lives of Canadians, I want to share some of the correspondence I have received from people living in my community. I have a bill here from a family of six in my riding that is paying $142 a month plus HST in carbon tax on their home heating bill.

I have another Enbridge bill from a Barrie resident where the carbon tax makes up 33% of the total bill when the HST is factored in. This resident bought a programmable thermostat that automatically turns down the temperature in her home to 15°C from 10 p.m. to 6 a.m. She believes that she is doing all she can do lower her gas bill, but she still feels punished by this costly carbon tax.

I hear this government boast often about the rural top-up of the carbon rebate. Meanwhile, we know that the calculations it made on who qualifies as a rural Canadian are deeply flawed. Residents in my riding who live in rural places like Anten Mills, Elmvale, Hillsdale, Midhurst, Minesing, Phelpston, and Snow Valley are deemed to be living in urban areas, according to the Liberal government's rural top-up formula. Budget 2024 finally says that the government will look to better define rural areas, but it only commits to putting forward a proposal to do so later in the year. This is unacceptable for residents in my riding who are forced to pay more in carbon tax, and it is proof of why we simply need to axe the tax for everyone, forever.

I will move on to how this tax is affecting the hard-working farmers in my riding. I am proud to represent a riding with a large, vibrant agricultural industry. I was recently sent an Enbridge bill for almost $10,000 from a farmer in my riding who runs a poultry operation. Their bill shows a carbon tax charge of $2,700 on the cost of fuel to dry grain corn. Shockingly, the carbon tax is more than the value of the gas before delivery and global adjustment. The Prime Minister just does not understand that if we tax the farmer who grows the food and the trucker who ships the food, we end up taxing the food that a family buys.

Finally, I will spend some time discussing the crime and chaos that the Prime Minister has unleashed, which is deeply affecting members of my community.

Small businesses bring life and a sense of community to our downtowns and neighbourhoods, yet they are sounding the alarm about the impacts of crime on their livelihoods. These businesses, including in my community, face significant challenges related to vandalism, theft, loitering, and public intoxication.

In my riding, a beloved Italian restaurant named Limoncello Bistro was recently broken into for the sixth time. Thieves who recently broke into Limoncello Bistro stole everything from the restaurant, even the meat and seafood. These repeated break-ins have cost the owners thousands and thousands of dollars. One of the owners of Limoncello Bistro has stated, “I find it hard to swallow that I have to pick up and leave a place where 5 short years ago this wasn't as bad as it is today. We fell in love with downtown Barrie. The waterfront, the community and the people. We as business owners shouldn't have to leave because criminals are putting us out of business.”

I agree. Small businesses like Limoncello Bistro are on the front lines of the Canadian public safety crisis, and we urgently need to address this issue of skyrocketing crime rates. We know that the Liberal government caused this problem with its soft-on-crime laws: Bill C-5 and Bill C-75.

Another issue that is directly affecting small businesses in my community is the Liberal government's nonsensical attack on law-abiding hunters, farmers, and sport shooters. The budget proposes to spend $30.4 million on a hunting rifle buyback plan that does not exist. This is on top of the $42 million it has already committed. Members can think about that. The Liberal government will now spend $72.4 million to buy exactly zero guns from owners and businesses. Not one gun has been bought back after spending $72.4 million.

I recently received an email from a small business owner in my riding. He is a responsible business owner who gives back to the community and is facing devastating financial losses because of this failed policy. He is now struggling to pay for his everyday expenses. He has over 40 firearms, worth almost $50,000, sitting in safes that cannot be sold but must be insured and housed in a secure rental space, while the Liberal government forces him to pay GST on them. The owner of this business says that this government is “clearly bent on just winning political points and not truly caring about the safety of the general public surrounding firearms and criminals who use them.” I agree with him. While the Prime Minister wants to protect turkeys from hunters, common-sense Conservatives want to protect Canadians from criminals.

The only way to reverse the damage the Liberal government has caused is by reversing course and doing the opposite. Canadians want change. They want lower taxes, lower mortgage rates, lower grocery bills and safer communities. Most of all, they want a change in government. The Conservative promise is simple: no gimmicks, no half measures. We will axe the tax, build more homes, fix the budget, stop the crime and bring home affordability for all Canadians.

I will be voting alongside my Conservative colleagues against the budget, and we will be voting no confidence in this costly NDP-Liberal coalition.