Business of Supply

This was a Business of Supply debate taking place during consideration of the government’s recent economic update legislation. Conservatives pressed the Finance Minister on deficit spending, asking when the budget would be balanced, how many homes are being built, the costs of a planned sovereign wealth fund, and details of specific spending items such as a spaceport lease, while repeatedly saying the minister was not answering their questions. Liberals defended the government’s record, saying the economy is strong, the deficit is lower than expected, and housing prices and rents have come down. The Bloc Québécois asked about the exemption of American companies from the global minimum tax in Bill C-31 and about wage subsidies for workers affected by tariffs, and the NDP asked why the government is not taxing oil company excess profits or banning surveillance pricing. Some members also raised local matters such as support for regional media.Written by AI from the debate. Updated .

Official text (opens in a new tab)

201 statements

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“Canada is a large country, so we must invest in infrastructure. Our budget does this so we can sell goods to other countries and stay strong.”
  • Reply to a debate question

    Relevance 47 of 100

    None of this reply addressed the specific point raised or the topic under debate.

    See full analysis
Official Hansard

Mr. Chair, my colleague understands that, in a large country like Canada, we need to make generational investments in infrastructure. That is exactly what we presented in budget 2025. I think Canadians understand that if we want to build a resilient country, if we want to export, we need to build infrastructure across the country.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“I am answering the member. He should ask the minister in charge of this project about these claims.”
  • Reply to a debate question

    Relevance 48 of 100

    None of this reply addressed the specific point raised or the topic under debate.

    See full analysis
Official Hansard

Mr. Chair, not only am I answering my colleague, but I am giving him a generational answer, as my colleague said. That is a good way to put it. For consistency, with respect to the allegations made by my colleagues, he should direct that question to the minister responsible for the project. I am sure the minister responsible will be happy to answer his question.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“The member should ask these questions to the minister in charge. That minister will answer them, and I will pass the questions along to them.”
  • Reply to a debate question

    Relevance 48 of 100

    None of this reply addressed the specific point raised or the topic under debate.

    See full analysis
  • Reply to a debate question

    Signal 41 of 100

    Much of this statement went to praise, blame, greetings, routine procedure or general stories rather than reasons, requests or specific points.

    See full analysis
Official Hansard

Mr. Chair, I am sure the member can appreciate that, if we are to be consistent with the questions and allegations raised by his colleague, this matter should be addressed to the minister responsible. I know that my colleague is honourable. He understands all the rules of the House. The minister responsible will be happy to provide all the answers my colleague is hoping to get. I will also be happy to pass the questions suggested by my colleague this evening on to the minister responsible.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“We need to update how we manage public property in Canada. The government needs all the facts and numbers so it can study these assets properly.”
  • Reply to a debate question

    Relevance 47 of 100

    None of this reply addressed the specific point raised or the topic under debate.

    See full analysis
Official Hansard

Mr. Chair, I think we need to modernize the way we are currently managing public assets in this country. I think it is important for the government to have all the facts and figures so that it can carry out a thorough analysis of these assets. I would say it is time to modernize the way we—

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“We need all the facts before we make decisions. This measure helps us update how we manage public property and do what is best for Canadians.”
  • Reply to a debate question

    Relevance 48 of 100

    None of this reply addressed the specific point raised or the topic under debate.

    See full analysis
Official Hansard

Mr. Chair, as I said, it is important to get all the information necessary to do our due diligence. I think we are at a time when we need to modernize the way we manage public assets. This measure will allow us to get all the facts and provide a comprehensive analysis so we can make the best decisions in the interest of Canadians.

Kent MacDonald, Cardigan

Liberal
“I support this bill because it invests nearly $1 billion into small craft harbours. Fishing supports thousands of jobs in Atlantic Canada, but many of our harbours need urgent repairs from storm damage. I want the minister to explain how these harbour investments will help our rural economy, food security, and trade.”
  • Speech on a motion

    Relevance 47 of 100

    None of this speech addressed the specific motion under debate.

    See full analysis
Official Hansard

Mr. Chair, I rise this evening to highlight the contributions of the new government in Bill C-30 to the coastal communities of Prince Edward Island. Small craft harbours are places of employment for more than 1,200 fishers. For many, it is a way of life passed from one generation to the next, from setting day when family and friends line the wharf to wish harvesters a safe and prosperous season to the last trap that comes ashore at the end of the season. It is the pride of families who have made their living from the sea for decades. For Islanders, fishing is part of our identity. It is parents and the next generation hauling traps together, learning the ropes. It is gathering at the wharf after a long day on the water to talk about the daily fishing news. It is communities built around hard work, resilience and respect for the ocean. Across Atlantic Canada, this same story exists across coastal communities where the fishery sustains not only local economies but traditions, culture and livelihoods. In Prince Edward Island alone, the total value of fish and aquaculture exceeded $454 million in 2024, with lobster landings accounting for more than $358 million of this. The overall contribution to P.E.I.’s economy exceeds almost $1 billion and supports as many as 8,000 jobs at peak production. Across Atlantic Canada, fisheries landings totalled more than $3.6 billion in 2024, with shellfish accounting for over $3.28 billion of that value. These are not just statistics. These are processing plants operating in rural communities. They are truck drivers, welders, suppliers, fuel operators, mechanics, buyers and plant workers, whose livelihoods depend on a strong and sustainable fishery. Small craft harbours are the centre of all this activity. They are the economic engines of many rural communities in Atlantic Canada, yet for many years, too many of these harbours have faced underinvestment, aging infrastructure, storm damage and the growing impacts of climate change, as we have seen with the devastating impacts of hurricane Fiona. In many areas, fishers and harbour authorities are doing everything they can simply to keep facilities operational while waiting for major repairs and modernization work to proceed. Here in Ottawa, we formed a small craft harbours committee to discuss these very issues as a collective. I want to take this opportunity to thank my colleagues for their unwavering persistence to work with me for funding for small craft harbours. I also want to personally thank the Prime Minister and the ministers of finance and fisheries for making sure our proposal for a significant investment in small craft harbours was included in the spring economic statement. We are very pleased to see the beginning of the rollout of these announcements across Atlantic Canada, the Pacific coast and the north as part of the nearly $1-billion investment over five years through the small craft harbours program. This is the largest sustained investment in small craft harbours in decades. However, maintaining safe and functional harbours is not only about wharfs and breakwaters. It also requires ongoing and responsive dredging investments to ensure channels remain navigable and safe for harvesters. In Prince Edward Island and across Atlantic Canada, weather events, storm surges and coastal erosion can quickly impact harbour entrances and navigation channels. When dredging delays occur, fish harvesters face serious operational and safety challenges, particularly during low tide. Responsive dredging capacity following major weather events must be viewed as essential maintenance for our harbours. During her recent visit to Red Head Harbour, the Minister of Fisheries saw first-hand sections of the harbour that have been fenced off because of damage and safety concerns. That reality should be a concern to all of us. Harbours are workplaces. They should be safe for fish harvesters. They should be safe for buyers, plant workers, transport operators and the many families and tourists who visit throughout the season. Red Head is not alone. Harbours in the Cardigan riding, which I represent, like Mink River, Fortune and Georgetown, all continue to wait in the queue for repairs to ensure their harbour infrastructure can support their fisheries. I also want to take an opportunity to commend the Prince Edward Island Fishermen’s Association and associations across Atlantic Canada for the leadership they continue to show in advancing conservation measures while sustaining fisheries. Harvesters understand the need to protect marine ecosystems because their livelihoods and their futures depend on them. When we invest in fisheries, we are investing in much more than infrastructure or economic output. We are investing in communities where families will continue to watch boats come home at sunset and where generations continue to see that there is a viable future on the water. That future matters deeply to Prince Edward Island and to Atlantic Canada. I believe there is much more to come as we continue building stronger coastal communities, modernizing harbours, supporting innovation in conservation and ensuring that the next generation can continue with a proud tradition of making a living from the sea. I believe we also need to think bigger about the role of ports and harbour infrastructure in Atlantic Canada and throughout Canada. Our harbours are not only critical to the fishing industry. They also represent untapped economic potential tied to trade diversification, domestic supply chains, food security and transportation corridors. In Prince Edward Island and across Atlantic Canada, strategic investments in harbour and port infrastructure could support seafood exports, agri-food storage and transportation, cold storage capacity and greater access to domestic and international markets. These investments can strengthen economic resilience while reducing pressure on larger transportation hubs. There is also growing potential for ports and marine infrastructure to support broader national objectives, including Arctic and defence supply chains, emergency response capacity and economic security. Coastal communities have always played an essential role in building Canada’s economy, and they will continue to play an even greater role as we strengthen domestic trade and transportation networks. Can the minister speak to how the government views small craft harbours as strategic economic assets that strengthen trade diversification, food security and rural economic resilience across Atlantic Canada?

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“I want to thank the member for pushing our government to support fishers and their communities. Because of his work, we are investing $1 billion into small craft harbours, which is twice as much as ever before.”
  • Reply to a debate question

    Signal 27 of 100

    Much of this statement went to praise, blame, greetings, routine procedure or general stories rather than reasons, requests or specific points.

    See full analysis
Official Hansard

Mr. Chair, we can see in my colleague’s heart and voice, the passion he has for fishers and for their communities. I want to applaud him. I am sure the people he represents are very proud tonight. I want to thank all my colleagues who have shown up tonight to be here to do the important work of democracy, which is to be held to account. It is what I have been doing for hours, and I will continue to do it because it is what Canadians expect of us. The member talked about small craft harbours. I want to say this in front of all Canadians, because I know this is televised and people are going to watch. He was one of the members who inspired us to do what is right for Canadians, for fishers and for their communities. We made a generational investment, $1 billion, which is twice as much as has ever been put into small craft harbours, and I want to thank the member. I want to say publicly that he has been one of the people who has talked to the Prime Minister and I to make it happen. I think that tonight, he should be very proud. It shows the power of MPs. Members of Parliament are here to represent their communities. They are here to speak on behalf of their constituents and to raise issues that matter to the people they represent. I want to say that this member did that superbly. Time and time again, he reminded us of the importance of investing in small craft harbours. I would say that we have delivered. I was pleased to be in New Brunswick just recently with a number of colleagues. I can see the difference it is going to make in the livelihoods of millions of Canadians. Fish harvesters depend on small craft harbours for their living. Their communities also depend on them. I want to say it again. We focus a lot on the answers tonight, but members like him who stand up to represent their communities, who fight for them and get what they need, should be applauded and thanked this evening. I give my thanks to the member.

Kent MacDonald, Cardigan

Liberal
“Can Atlantic Canada's ports help our supply chains, our food and shipping industries, and our national defence?”
Official Hansard

Mr. Chair, I guess I better thank the Minister of Finance for the kind words. As Canada looks to strengthen domestic supply chains and transportation corridors, does the minister see untapped potential in Atlantic Canada’s ports and harbours to support industries such as agri-food, storage and transportation, and even the broader national objectives of defence and economic resiliency?

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“We need to invest in infrastructure like cold storage. I saw a facility at the Moncton airport that helps ship lobster quickly and supports local communities.”
Official Hansard

Mr. Chair, this is a really good point. When I was in New Brunswick, I had the privilege of seeing the cold storage. I think it is at the Moncton airport that they have a very large facility. That is the kind of structural investment we need to make in this country. Yes, obviously we need to build infrastructure, but cold storage facilities, like the one I saw, are really making a difference. I was so impressed by the workers, the people there. Do members know that they load a 747 with lobster in about two hours? I was really impressed to see how these communities, because they have connectivity with the rest of the world and because of the investments that were made, are able to support families and communities across Canada. Again, I want to thank all members tonight. I know it is getting late, but I know people are here and the work they are doing is very important. For me as minister, being held to account on behalf of the government is my job, and I am happy to answer as many questions as we can tonight. I want to thank the members for the outstanding work they are doing tonight.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“Canada's economy is much stronger than people expected. Even with global uncertainty, Canadian workers and businesses stay strong.”
  • Reply to a debate question

    Relevance 47 of 100

    None of this reply addressed the specific point raised or the topic under debate.

    See full analysis
Official Hansard

Mr. Chair, first of all, I want to thank my colleague for her question. She is a very experienced member of the House. I think what the numbers show is that the Canadian economy is far more resilient than people expected. Despite the nature of what we are seeing with respect to uncertainty in the world, Canadians are resilient. Canadian industries are resilient. Canadian workers are resilient. That is why we can show numbers that show the Canadian economy is very resilient.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“Canada has received a record amount of investment, the highest in 20 years. International leaders value our stability and opportunities, and experts say Canada will play a major role in global energy.”
  • Reply to a debate question

    Relevance 100 of 100

    Of this reply, 100% addressed the question or point raised.

    See full analysis
Official Hansard

Mr. Chair, I have good news for my colleague. In fact, we have received a record level of investment. I think it is the highest number in the last 20 years. I can reassure her that wherever I go internationally, people value the stability, predictability and opportunities they see in Canada. At this time, the executive director of the International Energy Agency has said that energy architecture is being redesigned and Canada is going to play a major role.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“Canada is an energy superpower. Investors around the world are bringing record amounts of money here because our country is stable and follows the law.”
  • A repeated line

    “Together, we will build Canada strong.”

    Said 7 times by 5 members since April 23.

    Every time it was said
Official Hansard

Mr. Chair, my colleague would be happy to know that Canada is seen as an energy superpower. We are attracting a record level of foreign direct investment. Investors around the world are looking for places that offer stability, predictability and the rule of law. I would say Canada stands out in this context, and we will continue to build Canada strong together.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“Our investments in housing and business are good for the country. Canada also has the lowest tax rate for new business investments among the G7 nations.”
  • Reply to a debate question

    Relevance 47 of 100

    None of this reply addressed the specific point raised or the topic under debate.

    See full analysis
  • Reply to a debate question

    Clarity 49 of 100

    Much of this statement used imprecise wording, lacked details on timing or responsibility, or made broad claims without support.

    See full analysis
Official Hansard

Mr. Chair, I would say that my colleague should be reassured by the generational investments we are making in infrastructure, housing, productivity and innovation, and the fact that we have the lowest marginal effective tax rate of all the G7 countries. New investments in Canada receive the lowest tax rate in the G7. We are building Canada strong.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“Canada has brought in more foreign investment than any other country in the last 20 years. That success belongs to Canadian workers and businesses, even while the world faces rare economic uncertainty.”
  • Reply to a debate question

    Relevance 100 of 100

    Of this reply, 100% addressed the question or point raised.

    See full analysis
Official Hansard

Mr. Chair, Canadians should take credit for being the country that has attracted the largest amount of foreign investment in the last 20 years. It is not about government. It is about workers. It is about industry. It is about this country. What we have been doing is building the conditions for Canada to stand out in the world. I would remind my colleague that if she looked at the uncertainty index of the International Monetary Fund, she would see we are at one of the highest levels since the Second World War.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“Global investors want to put their money in Canada. International experts say Canada is a leader in traditional energy, renewable power, and nuclear energy.”
  • A repeated line

    “We are going to build Canada strong.”

    Said 33 times by 14 members since April 24.

    Every time it was said
Official Hansard

Mr. Chair, I would say global investors see Canada as the place to invest. I would remind my colleague of the International Energy Agency, which mentioned that Canada is playing a big role in the new energy architecture. It is a good thing that Canada is seen as an energy superpower in conventional, renewable and nuclear energy. We are going to build Canada strong together.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“We made Canada a good place for businesses to invest, and our results prove it.”
Official Hansard

Mr. Chair, I would agree that we have put the conditions in place to attract investment in this country, and the numbers speak for themselves.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“Global experts say Canada can help supply the world with more energy. Our government is taking steps to support our energy industry.”
  • Reply to a debate question

    Relevance 48 of 100

    None of this reply addressed the specific point raised or the topic under debate.

    See full analysis
Official Hansard

Mr. Chair, my colleague will be pleased to know that the International Energy Agency and international commentators see Canada playing a bigger role when it comes to energy security around the world and that we have taken a number of measures to support the energy industry in this country.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“I agree that Canada needs to build more. We must build so we can sell our energy to our partners in Asia and Europe, who are counting on us.”
  • Reply to a debate question

    Relevance 48 of 100

    None of this reply addressed the specific point raised or the topic under debate.

    See full analysis
Official Hansard

Mr. Chair, I am trying to understand my colleague’s question. He is saying that Canada needs to build more. I agree with him. We need to build more to make sure we can bring our energy resources to market. I would say our Asian partners and European partners are counting on Canada to play a bigger role when it comes to energy.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“The world is changing how it gets its energy because of the crisis in the Middle East. Other countries are asking Canada to help provide reliable energy.”
  • Reply to a debate question

    Relevance 47 of 100

    None of this reply addressed the specific point raised or the topic under debate.

    See full analysis
Official Hansard

Mr. Chair, my colleague would know, because he is a very learned colleague, that the energy ecosystem is being redesigned in the world. Like I said, the crisis in the Middle East is calling for countries to redesign their energy ecosystems. That is what we have heard. In that context, Canada is being called on to play a bigger role in terms of energy security.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“I believe more money will be invested in Canada's energy sector. We already have major projects like Shell and LNG Canada, and more are coming.”
  • Reply to a debate question

    Relevance 47 of 100

    None of this reply addressed the specific point raised or the topic under debate.

    See full analysis
Official Hansard

Mr. Chair, it is certainly my view that we will see more investment in the energy sector in Canada. We can just look at the recent investment of Shell, which made one of its largest investments in Canada. We have also seen LNG Canada, which is one of the largest of its kind. There are a number of LNG projects that we are seeing, and more will be coming because people—

Discussion

No comments yet

See the full discussion

Comment rules

More from sitting 122

  1. Government Orders Business of Supply 64 statements
  2. Government Orders Business of Supply 45 statements
  3. Oral Questions Indigenous Affairs 4 statements
  4. Oral Questions Taxation 4 statements
  5. Oral Questions The Economy 4 statements
  6. Oral Questions Justice 6 statements
  7. Oral Questions The Economy 16 statements
  8. Oral Questions The Environment 4 statements
  9. Oral Questions Finance 6 statements
  10. Oral Questions Immigration, Refugees and Citizenship 10 statements
  11. Oral Questions Public Safety 8 statements
  12. Oral Questions Women and Gender Equality 2 statements
  13. Oral Questions Indigenous Affairs 6 statements
  14. Oral Questions Natural Resources 2 statements
  15. Oral Questions Fisheries and Oceans 2 statements
  16. Oral Questions Labour 2 statements
  17. Oral Questions The Environment 2 statements
  18. Oral Questions Business of the House 2 statements
  19. Government Orders Government Orders 2 statements
  20. Oral Questions Taxation 4 statements
  21. Oral Questions Emergency Management 3 statements
  22. Government Orders Business of Supply 15 statements
  23. Government Orders Business of Supply 15 statements
  24. Government Orders Business of Supply 27 statements
  25. Private Members' Business An Act to repeal certain restrictions on shipping 12 statements
  26. Adjournment Proceedings Adjournment Proceedings 4 statements
  27. Government Orders Business of Supply 366 statements
  28. Adjournment Proceedings Adjournment Proceedings 4 statements