The Economy

Question period focused on the economy. Conservatives said Liberal policies are raising costs for businesses and workers, that tariffs and high prices are hurting industries and driving investment away, and they urged the government to adopt their plan to end the carbon tax on business, cut consulting and subsidy spending, and approve major projects faster. Liberals pointed to a new business tax deduction, described as the most significant tax change in decades and intended to give Canada the lowest taxes on new investment among G7 countries, and cited specific projects such as Pickering, Darlington, the Port of Montreal, and BHP Jansen that they said are creating tens of thousands of jobs. They also said Conservatives will have chances this session to vote in support of Canadian industry, workers, and regulatory reform.Written by AI from the debate. Updated .

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6 statements

Amarjeet Gill, Brampton West

Conservative
“Liberal policies are raising costs for businesses and workers, and people are losing their jobs. The government should adopt the Conservative plan. We would end the carbon tax on business, cut spending on consultants and subsidies, and approve major projects faster.”
  • A repeated line

    “Conservatives would eliminate the industrial carbon tax.”

    Said 5 times by 5 members since September 21.

    Every time it was said
Official Hansard

Mr. Speaker, the Liberals are raising costs on Canadian businesses and workers. In Brampton, the loss of thousands of well-paying jobs at Stellantis has highlighted the pressures families and businesses are facing. Canadians need a clear response. Conservatives have a plan to eliminate the industrial carbon tax, cut spending on consultants and corporate subsidies, and accelerate permits for major projects to strengthen jobs and our economy. When will the current Liberal government adopt our Conservative economic plan to get businesses moving into Canada rather than moving out of Canada?

Steven MacKinnon, Minister of Transport and Leader of the Government in the House of Commons

Liberal
“The Conservatives will have many chances this session to vote for Canadian industry, workers, and new rules. I want to see how they vote.”
  • Government answer in Question Period

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Official Hansard

In this session of Parliament, Mr. Speaker, the Conservative Party will have a lot of opportunities to demonstrate its support for Canada, its industry, its workers and, yes indeed, for regulatory reform. We very much look forward to seeing how the Conservatives feel about regulatory reform.

Braeden Caley, North Vancouver—Capilano

Liberal
“Businesses are investing a lot of money in Canada right now. Can the Minister of Finance explain how the new business tax deduction will help Canadians?”
Official Hansard

Mr. Speaker, it is an honour to rise in this House today. I am here because we heard loud and clear what the north shore constituents had to say. It is a choice that was made for partnership over division, practical work over political theatre and the belief that our best days will not only be ahead of us but will also be built by us. The world sees this too, as evidenced by the historic levels of investment that we are seeing in the Canadian economy at a moment when we need it. Can the Minister of Finance please update the House on how the newly announced productivity mega deduction can benefit all Canadians?

François-Philippe Champagne, Minister of Finance and National Revenue

Liberal
“I welcome our new colleague from North Vancouver—Capilano. Our new tax deduction is the biggest tax change in 50 years. It will help Canadian businesses and give Canada the lowest taxes on new investments among the G7 nations.”
Official Hansard

Mr. Speaker, I have two pieces of good news today. The first is welcoming our colleague from North Vancouver—Capilano to this chamber, a hard worker who is going to be a big voice for British Columbia. The second thing is the productivity mega deduction. This is the most comprehensive tax change in 50 years in this country. This is going to be a game-changer for businesses across this country. This is going to put Canada on top, with the lowest level of taxation for new investments in the G7. We are going to—

Shuvaloy Majumdar, Calgary Heritage

Conservative
“High prices and tariffs are hurting Canadian businesses and driving away investment. We need to stop massive government spending and build our economy here at home using our own resources. I want the Liberals to adopt our Conservative economic plan to save Canadians money.”
Official Hansard

Mr. Speaker, throughout question period, we have heard it: the costs of managed decline and out-of-touch Liberals. Prices are rising and tariffs are crushing industries, driving investment away and threatening our livelihoods. Whether it is Washington, Brussels or Beijing, we must build here at home through our projects, our resources and our people. We must save Canadians money. Confronted by war, we should turn to ambition and unleash our economy. Will the Liberals dispense with middle-power thinking and massive spending, and instead fight for our families and our economic action plan and fight for our country?

Tim Hodgson, Minister of Energy and Natural Resources

Liberal

Linked statement

“New projects are creating tens of thousands of jobs across Canada. The Conservatives should help build the country instead of complaining about it.”
  • Government answer in Question Period

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Official Hansard

Mr. Speaker, why do we not talk about shovels in the ground? In Pickering, there are 30,500 new jobs; Darlington, 18,000 new jobs; Nouveau Monde Graphite, 1,000 new jobs; the Port of Montreal, 8,000 new jobs. Let me keep going. At BHP Jansen, there are 6,000 new jobs. I can keep going. Rather than rag on Canada, why do the Conservatives not actually try to build Canada?

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