Oral Questions
Mr. Speaker, this budget tightens tax fairness. This budget cuts taxes for 22 million Canadians. This budget cuts taxes on new homes for young Canadians starting out. This budget cuts the carbon tax. This budget grows this great country. The member should come with us and support it.
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Mr. Speaker, this is not the most costly budget, it is the most ambitious budget for Canada. It is more ambitious when it comes to housing for Quebeckers and housing across the country. It is more ambitious for the ports, for clean energy and for the future of Canada. It is a budget for the future of Canada.
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Mr. Speaker, 75% of the new measures in budget 2025 are for protecting Canada's sovereignty and for making life more affordable for Canadians. That is the first point. The second point is that this is a budget that invests in Canada. It is a budget that builds confidence in Canada. It is a budget that is going to put more than $3,000 in Canadians' pockets.
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Mr. Speaker, this budget preserves the health transfer to the provinces, over $29 billion. This budget puts $5 billion into health infrastructure. This budget has the lowest net debt-to-GDP in the G7. It has the lowest deficit projected, and the cost of interest borne is lower than when the Conservatives were in government.
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Mr. Speaker, I will refer to the previous comments of the hon. member for Winnipeg North. This budget is about building this great country, and what this budget shows is that with the trillion dollars of investment that we are going to catalyze, we are going to put more than $3,000 in the pocket of every Canadian by the end of this decade.
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Mr. Speaker, yes, there is help for young people buying their first home. That, too, is justice, and we are making big investments in housing. There is also the FHSA.
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Mr. Speaker, I would like to point out that the environment and Hydro‑Québec will be among the greatest beneficiaries of this budget. Finally, with regard to carbon capture, the truth is that Quebec is currently using 350,000 barrels of oil a day. We need to capture the carbon emitted by the production and transfer of these barrels.
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Mr. Speaker, this budget is a generational investment budget. The pace of investment is twice as high, and this budget will spur $1 trillion in investment by the end of the decade. It is a budget for growth, it is a budget for Quebec, and it is a budget for Canada.
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Mr. Speaker, one of the most important aspects of the budget is the investment tax credits for clean electricity, which represents $4 billion for Quebec, for investment in Quebec. That is one of the main reasons to support this budget.
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Mr. Speaker, I am sure I join all members of this House in condemning the exploitation of children as the most reprehensible source of crime. That is why this government will be bringing forth legislation to combat these crimes and penalize those who are responsible that works within our Constitution.
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Mr. Speaker, the impact of the industrial carbon tax on food prices in Canada is approximately zero.
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Mr. Speaker, in the spring, the government removed the divisive consumer carbon tax, and that has a consequence for any business, any farm, that emits less than 50 kilotonnes, which is every farm across this country. The Canadian Climate Institute has done the analysis on the impact of the industrial carbon tax on inflation. It is zero.
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Mr. Speaker, 75% of the budget's measures are for our sovereignty: to protect our borders, to protect our communities and to protect our way of life. The balance is for affordability, a middle-class tax cut the member opposite missed because he was not here. The budget invests in Canada at twice the rate of any budget during this millennium. We believe in Canada.
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Mr. Speaker, first of all, the debt burden as a share of GDP is lower now than it was when the Conservative government was in power. Second, we are investing in Canada and protecting transfers to the provinces for health care, education and social services.
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Mr. Speaker, Canada is in a strong fiscal position. We have the second-lowest deficit in the G7, the lowest net debt in the G7 and a budget that is investing in Canada. On this side of the House, we believe in Canada.
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Mr. Speaker, there is a plan and there are initiatives. The Minister of Industry has just announced an initiative that will provide funding for the forestry sector in Quebec and Canada. It is a funding project from the Business Development Bank of Canada. There is also the strategic renewal fund for the forestry sector. It is a thorough and comprehensive plan.
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Mr. Speaker, there is no “I” in team, but apparently there is an “I” in Conservative. There is no team in the Conservatives. There is a team on these benches. The government is in a position with the best accord with the Americans. We have the lowest tariffs on the auto sector—
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Mr. Speaker, there is no “I” in team, but there is an “I” in Conservative. There is a team in the Liberals that can answer these questions. This is what the Liberal team has accomplished: We have the best deal with the Americans of any country. We have the lowest tariff on our automobiles and trucks of any country, but we are not satisfied. That is why we are negotiating a new accord on steel, on …
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Mr. Speaker, this budget will be affordable and bold. It will be affordable in terms of operating expenses. We are going to streamline operating expenses. However, we will be investing in Canada. It will be the largest investment in our country's history.
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Mr. Speaker, as I mentioned earlier, this budget will get our country's operational spending under control for the first time in 10 years. Not only that, but for the 21st consecutive month, Canada's inflation rate is within the 1% to 3% target set by the Bank of Canada. The current rate is 2.4%.
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Mr. Speaker, this budget will get operational spending under control; it will balance our spending over the next three years, but we are not going to stop there. We are going to invest in this country. We are going to have the biggest investment in this country in generations, the largest capital spend in generations and the most ambitious trade diversification in our nation's history. We will do …
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Mr. Speaker, it is time, once again, for our economics lesson. Getting ahead means people's wages grow faster than inflation. Let us look at the relationship between inflation and deficits. The food inflation rate in Canada is the G7 average, and we have the lowest deficit in the G7. What the government is going to do is use that deficit to grow this economy as has never been seen before.
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Mr. Speaker, we promised to cut taxes for every Canadian, and 22 million Canadians have had their taxes cut. We promised to cut taxes for first-time homebuyers, and they have been cut. We promised to cut the carbon tax, and it has been cut. You were not here. It has been cut. We promised to build this country strong. On November 4, the House will have a choice. Are you with us for those single mot…
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Mr. Speaker, we are putting more dollars in the pockets of hard-working Canadians because we cut taxes for 22 million Canadians. Our focus is on putting even more dollars in the pockets of hard-working Canadians. That is why we will have the most ambitious capital investment program this country has ever seen, the most ambitious homebuilding program this country has ever seen, the biggest investme…
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Mr. Speaker, we are very disappointed by the situation at Paccar, Stellantis and GM in the automotive sector. We already have the best agreement with the United States. We have the lowest tariffs on cars and trucks. Nevertheless, we continue to work and negotiate with the Americans. We will be there to support the workers at Paccar, as the Minister responsible for Canada-U.S. Trade mentioned.
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Mr. Speaker, I can assure the House that we will protect supply management in the negotiations. We will always protect Quebec culture and Canadian culture in the negotiations, period.
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Mr. Speaker, I am going to quote independent research of the Canadian Climate Institute, which finds that the net impact of the industrial carbon tax on food prices is, on average, “around zero per cent”.
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Mr. Speaker, it was difficult to hear the last part of the question but here are some key points regarding where things stand. First, we have the best agreement in the world with the United States. Second, we are in negotiations to ensure that steel and aluminum tariffs are reduced. Third, the tariffs on trucks and automobiles are the lowest in the world.
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Mr. Speaker, I know the hon. member was not here when this government cut income taxes, cut capital gains taxes and cut the carbon tax. I know the hon. member was not here when this government passed legislation for one Canadian economy and to build major projects across this great land, but the member opposite will be here when this government presents a generational investment budget on November…
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Mr. Speaker, I was there. I was there in the conversations with the president. I was there in the conversations in the Oval Office. I was there in the conversations afterwards. The situation is this: We have the best deal in the world. We are in the process of making it better for the workers in the steel sector, for the workers in the aluminum sector, for our energy workers, for our auto workers,…
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Mr. Speaker, Canada currently has the best trade agreement with the United States in the world. That is the first point. The second point is that we can improve that agreement and that is why the Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs and One Canadian Economy is in Washington negotiating with the Americans. In that context, there will be more investment here in Canad…
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Mr. Speaker, today is a momentous day, and I am sure all parliamentarians would join me in recognizing the historic progress that has been made in the Middle East under President Trump's 20-point peace plan. On behalf of the members, I would like to commend the leaders of Egypt, Qatar and Turkey and the architects of the plan, Mr. Kushner and Mr. Witkoff, and to underscore, as I did to the preside…
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Mr. Speaker, Canada has no tariffs on auto parts. Canada has the lowest tariffs on finished goods in the world. We are working towards an agreement that would increase investment in Canada and would increase investment in the United States. However, we will accept only the best agreement for Canada, and the private sector, if we remember that, will make those decisions.
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Mr. Speaker, the member opposite will have the opportunity to support programs for the steel and aluminum industries and all sectors in Quebec and Canada in the upcoming budget on November 4.
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Mr. Speaker, I voted, as did a majority in the House, against a motion to get rid of something that does not actually exist. We are working with the private sector, we are working with the Province of Alberta and we are working with the Americans to unlock great Canadian energy to build this economy strong.
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Mr. Speaker, to diversify Canada's economy with reliable partners and partners like Asia and Indonesia, we just entered into a comprehensive agreement with Indonesia. We are in major negotiations with the European Union and all of the Association of Southeast Asian Nations countries. There will also be deals with South American countries.
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Mr. Speaker, there are three things that are true. The first is that I realized long before the Leader of the Opposition did, long before the last election, that our relationship with the United States would never again be what it was. Do we remember the last election? The second thing that is true is we have the best deal with the Americans, and the third thing that is true is we will get an even…
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Mr. Speaker, we have the best deal in the world with the Americans. That is my first point. My second point is that the President of the United States and I had a meeting of minds yesterday with respect to the future of the steel sector, the aluminum sector and the energy sector in co-operation, which is why our teams are negotiating the terms of those deals. We are also working, as the President …
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Mr. Speaker, here is where things stand at the moment. Our agreement with the Americans is the best in the world. We are continuing negotiations in major sectors, including softwood lumber. We will accept nothing less than the best deal for softwood lumber.
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Mr. Speaker, we have another opportunity to give the Leader of the Opposition a quick economics lesson. The economies of Canada and the U.S. are highly integrated. Yesterday, I also gave the U.S. President a brief economics lesson. What is at stake is Canadian investment in the U.S. If we do not have a good agreement, this government will negotiate one.
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Mr. Speaker, as I have been saying all this year, long before the Leader of the Opposition caught up, the U.S. has fundamentally changed its trading policy with everyone. It is a rupture. In that environment, Canada has the best deal. What we are doing is controlling what we can control, which is building Canada strong. On November 4, that side of the House is going to have a chance to decide whet…
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Mr. Speaker, once again, on July 31, the President of the United States himself signed the best trade deal in the world between the United States and Canada, which means that 85% of our trade with the U.S. is tariff-free. We continue to work on the aluminum and softwood lumber sectors.
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Mr. Speaker, what this government is doing for the auto sector is an unprecedented investment in the Canadian auto sector. We look the Canadian auto workers in the eye. We have $5 billion in the strategic response fund. We have $10 billion for liquidity management. We have worker retraining. We are striking deals with countries around the world. We have the best deal already with the Americans, an…
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Mr. Speaker, our agreement yesterday, between the president and myself, is to focus now on steel, aluminum and energy, which are the building blocks of our broader competitiveness, including our auto sector. Those negotiations on auto continue from a position that is the strongest in the world, as 10% is less than 15%, which is less than 25%, which is less than 50%.
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Mr. Speaker, I think it is important for the entire House to understand that we have a strategy with the United States. That means that our auto sector is paying less than a 10% tariff, when Japan, Europe, the U.K. and the rest of the world is paying 15%, which is bigger than 10%, or higher. We are not done yet, because we refuse to sign a deal that is not bettering the interests of Canadians. Tha…
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Mr. Speaker, Japan, the European Union, the United Kingdom and every other country in the world are paying higher tariffs than Canada has gotten on automobiles. We are not done. That is why we have not signed an accord on auto. That is why we are fighting hard for our auto workers. I put the president on notice yesterday about the consequences of not having that accord.
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Mr. Speaker, it is a sad day in the House when the Leader of the Opposition suggests that standing up for the defence of this country is backing down on defence, when the Leader of the Opposition suggests that spending more to defend our borders and spending to defend our fulfillment in NATO is backing down on defence. We have the lowest tariff on auto—
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Mr. Speaker, what we have at this point with the United States for the auto sector is the lowest tariff in the world: less than 10%. That is lower than Europe's, lower than Korea's and lower than Japan's. We have the lowest tariffs, and we are still negotiating, because as the president said yesterday, “[The Prime Minister of Canada is] a tough negotiator”. We will get a great deal for automotive.
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Mr. Speaker, right now, the people on our team, including the Minister of International Trade, are negotiating on behalf of the aluminum sector. This is about more than just words and figures. We are going to have an agreement.
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