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)

366 statements

Kyle Seeback, Dufferin—Caledon

Conservative
“I want the minister to answer my question. The government wants all new cars to be zero-emission in eight years. Right now, only 1.6% of the cars we make meet that goal. What is the plan to get to 100%?”
Official Hansard

Mr. Chair, what I am looking for is an actual answer tonight to a single question I have asked, which has not happened, so I will reiterate. There are eight short years to get to the government’s zero-emission vehicle mandate. We manufacture 1.6% of vehicles in Canada that will meet that mandate now. What is the plan, if the minister can lay it out now, for the Canadian auto sector to get from 1.6% to 100% in eight years?

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“We worked with unions and Ontario to build a strong car industry in Canada. The opposition should support our auto workers instead of criticizing the industry.”
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Official Hansard

Mr. Chair, I am sure my colleague will have seen our auto strategy, which has been presented. We have worked with unions and with the Province of Ontario, among others, to make sure that we will have a resilient auto sector in Canada. I would say that I am proud of the auto workers. I am proud of our industry. I am proud of what they do. Instead of talking down the industry, I think my colleagues should be cheering up and saying we will work together to support the auto industry in Canada.

Garnett Genuis, Sherwood Park—Fort Saskatchewan

Conservative
“The board that manages the Canada Pension Plan spends over $1.7 billion on costs and pays each employee an average of over half a million dollars. Will the new Canadian fund spend that much money on its costs and staff too?”
Official Hansard

Mr. Chair, the Canada Pension Plan Investment Board has operating expenses of over $1.7 billion. It has an average of over half a million dollars in compensation per employee. I wonder if the minister expects the so-called Canadian sovereign wealth fund to have similar operating costs and expenses.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“We are creating a national fund to build wealth for Canadians. It will follow the best models from around the world and run independently from the government.”
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Official Hansard

Mr. Chair, I am happy that my colleague is focusing on the Canadian sovereign wealth fund that we are creating. This is going to be a great instrument to create collective wealth. It is going to be applying the best practices that we see around the world. The governance model will reflect its independence from the government.

Garnett Genuis, Sherwood Park—Fort Saskatchewan

Conservative
“I want to ask the minister about young people who cannot find work. Does the minister agree that this is a crisis in our country?”
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Official Hansard

Mr. Chair, that obviously had nothing to do with the question, unfortunately. I now want to ask about youth unemployment. It is a deep concern of mine and for many Canadians. I wonder if the minister agrees that we are facing a youth unemployment crisis in the country.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“We should all care about young people who need jobs. Our plan will help 80,000 to 100,000 young Canadians get trained in skilled trades so they can help build the country.”
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Official Hansard

Mr. Chair, we should always be concerned about youth unemployment on both sides of the aisle, obviously, as Canadians. That is why team Canada strong would provide opportunities for 80,000 to 100,000 young Canadians to get into the trades and get their Red Seal certification so that they can contribute to building the country at this—

Garnett Genuis, Sherwood Park—Fort Saskatchewan

Conservative
“I want the minister to tell us the current youth unemployment rate and say whether he thinks it is a crisis.”
Official Hansard

Mr. Chair, of course, we are always concerned about this issue, but these are not normal times. I wonder if the minister can confirm that he knows what the rate of youth unemployment is right now in the country and whether he thinks we are in a youth unemployment crisis.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“High youth unemployment is not just happening in Canada. Global uncertainty is hurting jobs in many countries, and we are working to give young people opportunities.”
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Official Hansard

Mr. Chair, what we are seeing in terms of youth unemployment in Canada is not unique to Canada. We see this in other G7 countries. What we are seeing is that the impact of what we are facing in the world in terms of uncertainty has affected a number of industries and has affected youth unemployment in particular. That is why I think we should be happy that we have team Canada strong. We are going to provide opportunities—

Garnett Genuis, Sherwood Park—Fort Saskatchewan

Conservative
“Youth unemployment is at 14.3%, which is very high. A committee report agreed to by all parties recommends cutting taxes and red tape to help young people find jobs. I want the minister to say if he agrees with this idea and if he will act on it.”
Official Hansard

Mr. Chair, clearly the minister was not aware. The number is 14.3%, according to the latest StatsCan numbers. That is a very high youth unemployment rate, including against international peers. I am sorry that the minister is not willing to acknowledge tonight that we are facing a youth unemployment crisis. He should acknowledge that, and he should support the necessary actions to address it. In particular, in today’s human resources committee report, there is a recommendation endorsed by all parties to reduce taxes and red tape in order to address concerns about how the taxation and regulatory environment has limited productivity growth and held back youth unemployment. Does he agree with that all-party recommendation, and will he act on it?

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“Youth unemployment is an important issue. The government is helping up to 100,000 young Canadians get jobs in the trades, and we want to do even more to support them.”
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Official Hansard

Mr. Chair, I want to thank my colleague for focusing on youth unemployment. It is something that every member of the House should be focusing on. That is why the government has taken action. Team Canada strong is going to provide the opportunity and possibility for 80,000 to 100,000 young Canadians to get into the trades. We want them to help us build Canada strong. We want them to help us build this country. This is the kind of measure that is going to help youth in the country, but we can always look at measures that do more for them. We want to support our youth in our country.

Garnett Genuis, Sherwood Park—Fort Saskatchewan

Conservative
“The minister does not care about young people who cannot find work, and he has not answered any of my questions tonight. A committee of all parties recommended cutting taxes and rules to help youth employment. Does he agree with that recommendation, and will he follow it?”
Official Hansard

Mr. Chair, I am happy to be focused on the youth unemployment issue, but he is not focused on the youth unemployment issue. He did not even know the rate of youth unemployment in this country. He has not answered a single question for me. He has not answered a single question all night. Again, I want to ask if he agrees or disagrees with the recommendation, from the all-party report from the human resources committee, that the government reduce taxes and red tape in order to address concerns about how the taxation and regulatory environment has limited productivity growth and held back youth employment. Does he agree with that recommendation, and will he act on it?

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“It is not fair to say I have not answered questions. I have been answering them for more than three hours. I agree that we need to cut red tape, and we are acting to help young people.”
Official Hansard

Mr. Chair, it is unfair to say I have not answered questions. I have been answering questions for more than three hours. I am not sure that any member on that side has answered questions for more than three hours in their lives. They say that I have not answered questions, but they have not answered questions for three hours in their lives. I agree with the member that we need to focus on reducing red tape. That is why we are taking action to support youth in the country.

Garnett Genuis, Sherwood Park—Fort Saskatchewan

Conservative
“I want an answer. Does the minister think the government's immigration rules have caused more young people to be out of work?”
Official Hansard

Mr. Chair, again, there were no answers. Does the minister believe that the immigration policies of the government have contributed to youth unemployment?

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“Immigration helps Canada bring in great people, and we are a welcoming country. But we also need to keep immigration at a manageable level, and our government is doing that.”
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Official Hansard

Mr. Chair, I think immigration in this country has allowed the country to attract some of the best and brightest. This is who we are as Canadians. We are a welcoming nation. I also agree that we need to bring the immigration level to a more sustainable level. That is exactly what we have done as a government.

Kody Blois, Parliamentary Secretary to the Prime Minister

Liberal

Linked statement

“Our tax on foreign wind towers helps Canadian steel makers, but it is hard on wind energy projects in Nova Scotia that already signed power contracts. I want the minister to look into giving these specific projects a break so they can still get built.”
Official Hansard

Mr. Chair, it is a privilege to be able to join today’s debate on the estimates and be able to put good questions on behalf of the good people of Kings—Hants to the Minister of Finance. I want to start by saying, having served for seven years as a member of Parliament, I appreciate the work of the hon. member from Shawinigan. I appreciate his work in his capacity in a variety of files. I have had the chance to see his leadership first-hand. I want to start by talking about renewable energy. In Nova Scotia, we have seen a tremendous and successful growth of wind power generation. This government has made important decisions around protecting Canada’s steel industry, notably putting a surtax on fabricated wind towers that are generated outside of Canada. I know Marmen, for example, in Quebec is a great example of that leadership in Canadian fabricated wind towers. I have had proponents in Nova Scotia come to me to talk about projects, particularly those that are already under construction or those that have a power purchase agreement. The ability to pivot at this point in the game is quite difficult. They are certainly looking at using Canadian supply chains now that we have the surtax in place. I want to give compliments to the minister. We have a remission order for fabricated wind towers that were already under construction. Some proponents have suggested an ability to use proponents that already have a power purchase agreement would be a reasonable balancing to make sure that some of these projects can go forward. I know it is a difficult balance. Is the minister aware of this? Is it something that he could at least consider in the days ahead?

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“The member for Kings—Hants has done great work helping us shape our policies for Nova Scotia and the wind industry. We have a plan to double our electricity supply, which will help our businesses and our economy grow. We are working together to support energy companies and make sure new projects move forward.”
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Official Hansard

Mr. Chair, let me take a moment to thank the member for Kings—Hants. Everyone in Nova Scotia should know that this member in particular has played a key role in helping us shape our policy. He embodies the best of the best. Like my colleagues here tonight, they are MPs. They are standing up for their communities. It is fairly late for those who are watching at home. We are getting close to 11 p.m., and these members are here working hard to represent their constituents, to participate in democracy and to hold debates. I would say the Parliamentary Secretary to the Prime Minister has been playing a big role. The people of Kings—Hants should be very proud of their member of Parliament because he has spoken not only for them, but also for Nova Scotia and the wind industry, which we know is very important. We have put together a strategy to double the electricity generation in this country. Oftentimes, we say demography is destiny. I would say that energy is destiny. If we produce more energy in this country, it is certainly going to help our businesses. It is going to help this country to grow. The member is right that Marmen is a great company. I have been working with him, with the premier of Nova Scotia and the Atlantic premiers to strike that right balance. We need to make sure that projects under construction can benefit from a remission so that we have a framework that, on one hand, supports a key industry in our country and, on the other hand, allows projects to go forward. I want to thank him for his leadership in informing me and the Government of Canada on how we can strike this right balance. We would expect a member of Parliament to work with the government and to work with ministers. I have seen his example. I am looking around at all my colleagues who have played such a key role in making sure that their policies are reflected in the budget that we presented and in the spring economic update. On behalf of everyone in Kings—Hants, I just want to thank the member for his outstanding work.

Kody Blois, Parliamentary Secretary to the Prime Minister

Liberal
“Our plan to lower Canada Pension Plan rates will save workers around $170 a year and save money for employers too. I want the minister to talk about how this helps small businesses and workers.”
Official Hansard

Mr. Chair, I appreciate the attention to that matter from the minister. Yes, we do have a great working relationship, and I know that will continue. We have a lot of small businesses in Kings—Hants. When we talked today in the House about affordability, I chastised some of the Conservative positions in the opposition day motion as being too narrow and not looking at broader affordability measures. Yes, we have already reduced gasoline prices by 28¢ a litre, but I talked about some of the social programs we have put in place, and I also talked about the CPP rate reduction. In the spring economic update, the government, through the Minister of Finance, is proposing to take the rate reduction from 9.9% down to 9.5%. This is going to save a T4 employee in the economy about $170 a year, which is important. That is more money back in people’s pockets. Of course, there is a corresponding connection to the employer not having to put that CPP contribution in, and that can be multiplied by the amount of T4 employees that it has. Would the minister care to comment on that CPP rate reduction being a small but meaningful policy to move the needle for small businesses and employees across the country?

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“I want to thank all the House staff working late tonight. Every province agreed with our plan to cut this cost. It is a great example of governments working together to save money for workers and businesses.”
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Official Hansard

Mr. Chair, before I do that, I want to thank the staff of the House of Commons. I see these young pages and the staff at the table working hard. I know it is getting late, and I just want to give kudos on behalf of all parliamentarians for the work they are doing on behalf of all of us and to support democracy. To every employee in the House, the security folks and everyone who is working extra late tonight to support our work, I want to thank them on behalf of colleagues. My colleague is so right. Not only was it a flagship measure, but it was unanimously approved and supported by the provinces. When we make policies, when we talk about a co-operative federalism, this is one of the best examples I can imagine. We had a meeting with the federal, provincial and territorial ministers. I made the recommendation that we would lower it, because that would be an affordability measure. It would leave more money in the pockets of workers and businesses. Unanimously, the provinces came back and said, “Yes, we support you in that.” For me, this is a great example of how our country is working and how we should be working with our colleagues in the provinces and territories. We can put proposals on the table and make sure we work together. This is a great example of us working as one country to the benefit of businesses and workers.

Kody Blois, Parliamentary Secretary to the Prime Minister

Liberal
“Wine growers in my riding really like the federal program that supports them. It ends next year. I want the minister to talk about why the Canadian wine industry matters.”
Official Hansard

Mr. Chair, I represent the largest agricultural riding in Atlantic Canada. Kings—Hants is home to a whole series of different commodity groups and one is the wine sector. We have an emerging grape and wine sector in Kings—Hants. The hon. minister had an opportunity to visit the riding. I know he is a great friend to the agricultural community across the country. One program that is of deep interest to the wine and grape sector is the wine sector support program. The hon. minister was part of the cabinet in the last government that helped put this program together. I compliment him on his leadership. This program does not sunset until the next fiscal year, but some of the wine growers in the community that I represent have highlighted it as a great initiative of the federal government being involved in agriculture under a trade-compliant program. I do not expect the minister tonight to have an answer about the future of that program, but he knows the importance of the wine sector across the country. I am wondering if the minister might talk about that industry, whether it is in Niagara, the Okanagan, Kings—Hants or areas of Brome-Missisquoi. Maybe he could share some of his experience as a member of Parliament in seeing that first-hand and what it means across the country.

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“Our government supports farmers. Many of our members have personal experience with farming and use that knowledge to shape our food policies.”
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Official Hansard

Mr. Chair, the member brought me to a number of wineries and a number of food producers. Together, we had round tables. I also think of my colleague who is a farmer who I see in the House tonight. These farmers need to be celebrated. They put food on the table. That is why the national food security strategy is so important, and that is why supporting our farmers is so important. The member went beyond his normal duty. He went to China, along with the Premier of Saskatchewan, to defend the industry and to defend our canola farmers. We have always been there for our farmers. We have members in our caucus who have deep experience in farming. This is the richness of the people who are working on the government benches. They have personal experience, they know how the industry works and they give us advice. I would say that the member for Kings—Hants is one great example. I could name a number of other colleagues who I see in the House tonight who are also contributing very much to the work we are doing. I want to celebrate them tonight, because not only are they helping us to shape policy, but they are the best of the best in representing the interests of their constituents and bringing their experience to this House of Commons.

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