Spring Economic Update 2026 Implementation Act

Bill C-30, Spring Economic Update 2026 Implementation Act · Second reading · now law Where it stands

What the law does

The law implements measures from the spring economic update, temporarily removing the federal excise tax on gasoline, diesel, and aviation fuels from April 20, 2026, to September 7, 2026. It lowers Canada Pension Plan contribution rates starting in 2027 and extends extra Employment Insurance weeks for seasonal workers to October 2028. It also makes other changes to tax rules, alcohol excise duties, transportation data, and federal regulation of banking, food inspection, and pest control products.

Official text (opens in a new tab)

41 statements

Jacques Ramsay, Parliamentary Secretary to the Minister of Public Safety

Liberal
“We must train workers in classrooms and on the job. This training is essential for our economy, and it helps us guarantee people jobs.”
Official Hansard

Mr. Speaker, training the workforce of tomorrow is the cornerstone of this government’s economic development. It is fundamental, essential. We have projects, resources and a well-trained workforce. We have to be able to promise those workers jobs. That begins with this training, which takes place not only in the classroom but also on the job, in the actual workplace.

Jasraj Hallan, Calgary East

Conservative
“I do not support this economic plan. The government is running huge deficits, keeping taxes too high, and driving up the cost of food and living. We should cut taxes on fuel, scrap carbon taxes, and get rid of laws that block pipelines.”
Official Hansard

Mr. Speaker, before I start, I wanted to say that I am going to split my time with my good friend from Oxford, who is literally always behind my back or on my back, but he is a good guy. All jokes aside, I will begin my speech. We are here today to speak about one of the most expensive economic updates, outside of COVID, in Canadian history. It was more of an update, not a mini-budget, as we saw, and the Prime Minister ran over and over again on the promise that it would not be more of the same. He promised that he would be different from other Liberals or the ones before him, even though he was the one advising them. He was right. He is not the same; he is even worse. Ever since he became Prime Minister, Canadians’ lives have gotten more expensive and more unsafe than they have ever been before. The Prime Minister ran on saying that he would be more prudent and more disciplined when it comes to spending, but he took the gold medal with his first budget for the most expensive and biggest deficit outside of COVID in Canadian history. Then he dropped this update in the spring economic statement, and he gave himself a silver medal for the second-biggest deficit in Canadian history outside of COVID. Canadians’ lives got worse. He said that he would bring back affordability and that he was going to be the guy who could do it. He also said that he could deal with President Donald Trump. Like every other Liberal before him, none of those promises were kept and they will never be kept. In fact, he is the same old costly, broken promises Liberal. This is the same Prime Minister who stood up in the House and said that affordability is the best it has been in a decade. This is the same guy who raised the cost of living by implementing and making sure to keep the industrial carbon tax, which will go up. Under him, food price inflation keeps going up. The cost of food is impossible for people to afford today, which is what leads to 2.2 million Canadians going to a food bank in a single month. Instead of reducing the food bank lines, he increased them. Instead of reducing the cost of food, he increased it. Liberal taxes and Liberal deficits are what they do and what they have done over the last 11 years. There is no hope in sight that these are going to get any better because they are obsessed with the carbon tax. First, it was the consumer carbon tax that they were obsessed with and now we have the industrial carbon tax and the other carbon tax, which they call the clean fuel standard. All these taxes have made life more and more expensive for Canadians. The finance minister said that he was going to haul in all the grocery store CEOs back in 2023 and that he was going to tell them what was on his mind and make sure that food prices came down by Thanksgiving 2023. We are heading toward Thanksgiving 2026, and food prices, taxes, costs, the debt and deficits have only gone up. Everything is put on the national credit card, which is why we call it the credit card budget. It is very costly to Canadians because they are the ones who have to foot the bill. Everyone can remember back in the day when we had a responsible, disciplined Conservative government. Canadians could go to the grocery store and could have one income earner in the home. They could afford groceries and housing. They could get a week’s worth of groceries for around $100 to $150, which today in the grocery store does not go very far. Not only have the Liberals driven out $1 trillion of investment, but they have made it impossible for anyone to invest in Canada, which is why we do not see much competition here. They have put up so much red tape and so many barriers that companies do not want to come here. We all know that in a good free market, competition is a good thing; it drives down the cost of goods. With high Liberal taxes and the high burden of red tape and bureaucracy, companies do not want to invest here, which is why $1 trillion of good Canadian investment, including jobs and everything else, went to the U.S. It is easier to invest there and there is a rate of return that people can see. There is profit there. This finance minister said he would bring down the cost of food. Absolutely nothing has gone down in cost. In fact, things have only gotten more and more expensive for Canadians. Canada’s Food Price Report states that prices are expected to rise 4% to 6%. An average Canadian family of four will pay $17,000 for groceries this year, which is $1,000 more than they paid last year. This is what Liberal taxes do to Canadians and to the goods that we buy. TD Economics states that grocery prices are over 30% higher than in 2019. In 2025, 9.8 million people lived in food-insecure households and those households included 2.4 million children. This is the highest in Canadian history. This is what high Liberal taxes do. This is what out-of-control deficits do and what debt does to Canadians because they have to foot the bill. It gives them less because when the Liberals increase housing costs and when they increase the cost of everything else, they raise taxes. Now, an average family pays more in taxes than it does in food, shelter and clothing combined. Those are necessities and Canadians have to pay more taxes now because of the current Liberal government. There is no end in sight. As I said before, this update would give the second-highest deficit in Canadian history outside of COVID. It is nothing to brag about. There is no good news in there for Canadians. We proposed solutions. The finance minister recently said on TV that the Liberals have done enough for Canadians regarding affordability, and he is absolutely wrong. They could have done more. When these guys took 10¢ off in the excise tax on fuel, we said, “That is not far enough.” We proposed to take off 25¢. That would be taking off the GST and taking off the carbon tax, which the Liberals call the clean fuel standard. That would have saved Canadians 25¢ per litre, or $1,200 just this year. That would be real savings as opposed to the Liberals’ cut, which is not even $100 of savings for an average family. Now, when summer is about to come, these savings would be realized. People could use that money. They could put their kids into sports. They could put savings away. However, the Liberals will never go far enough to help Canadians. They do just a bit and then they brag about it and say that people should be grateful for it. They could have done a lot more. While I am on this topic, it is important for us to address what else we could have done. The Liberals could have gotten rid of their “no new pipelines“ bill, Bill C-69. They could have gotten rid of the tanker ban, Bill C-48. They could have gotten rid of the industrial carbon tax. This not only would help get more built here, with jobs in the economy. It would actually help unity in this country. People are more divided than ever under these Liberals today. We want nothing more on this side than to have unity in this country once again. The Liberals have done the best job they could to separate people by every single demographic possible, whether by regions, industries or skin colour. That is what these Liberals are known for. They like to keep people divided so that they do not get together and they do not vote against them. However, the Conservatives will always have solutions. Regarding this sovereign wealth fund that the Liberals would create, wealth funds are created with wealth. They are created with assets. They are created with surpluses or with resource revenues. However, these guys decided to do it with debt. Who is going to be responsible for all that? Once again, it is going to be Canadian taxpayers. We need to end this ridiculousness. We need to get rid of these antidevelopment laws. We need to make sure we start developing here at home so that we are strong here and strong abroad. We need to make sure we bring Canadians together, not tear them apart. This economic update would do none of that. It would keep people divided more than ever. It would make people poorer. It would make taxes go up. It would make costs go up. It would make the debt go up. That would do nothing for Canadians. We would do the exact opposite to bring this country together and give back the affordability and the safety that Canadians deserve in this country once again.

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

Liberal
“Our budget plan lowers the deficit by 11 billion dollars. We are also spending more on the military to reach our two percent goal. I want the Conservatives to give me a clear yes or no. Do they support spending this money on the military?”
Official Hansard

Mr. Speaker, with respect to the spring economic update, if they reflect on the 2025‑26 projected deficit, they will see that there would be a substantial $11‑billion reduction dealing with that issue alone. I understand that the Conservatives want to cut and cut. One of the things that I would ask the member opposite, the finance critic, is this. The government has made a substantial commitment to increase military expenditures, bringing it to the 2% level. I would like a clear answer from the Conservative Party. Do the Conservatives support the investment that the Government of Canada would be putting into the military? Do they support the 2% investment and, further to that, growing it to 5%? A simple yes or no would be wonderful.

Jasraj Hallan, Calgary East

Conservative
“The government is spending too much money. We would cut spending on outside consultants, the gun buyback program, and aid for fake refugees. We would also stop giving money to big businesses connected to the Liberals.”
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Official Hansard

Mr. Speaker, is the member serious? Is he bragging about having the second-highest deficit in Canadian history outside of COVID? He asked about cuts. I will tell him what we would cut. We would cut the $90 billion that would go to the Alto boondoggle and the $742‑million Liberal gun grab. We would get rid of the $20 billion for Liberal-connected insider consultants. The government’s ministers are so incompetent, it has to get advice from outside, Liberal-connected consultants. We would get rid of taxpayer-funded handouts to fake refugees. Of course, we would end the corporate welfare, which these Liberals are known for, that always rewards Liberal insiders instead of Canadians.

Sébastien Lemire, Abitibi—Témiscamingue

Bloc Québécois
“The economic plan does nothing to help the forestry industry. Sawmills in my region are closing down. The government should invest money to help these mills change what they make and keep people working.”
Official Hansard

Mr. Speaker, I spoke about Témiscamingue earlier. I will do so again because we did not get an answer in the economic statement about what is happening with the forestry industry, a key sector for Témiscamingue and for the Quebec and Canadian economy. There are no measures to help lumber mills retool. I am thinking in particular of the Béarn sawmill. In recent weeks, Chantiers Chibougamau announced that the mill was closing its doors. That hurts an economy like Témiscamingue’s. Once again, the federal government is nowhere to be found when it comes to transforming the economy and making investments. Why not convert this mill into a biochar plant? However, that would require major investments, and the government is not stepping up to help with wage subsidies or countervailing duties either. When will the government really help regional economies, especially Témiscamingue’s economy and forestry sector?

Jasraj Hallan, Calgary East

Conservative
“The government's high taxes and rules are hurting Canadian workers and businesses. In the first four months of this year, Canada lost 111,000 full-time jobs, and those jobs are not coming back.”
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Official Hansard

Mr. Speaker, I fully agree with the member. Under the government, it is not just the forestry sector but every sector that is suffering. Coast to coast, it affects forestry, which also means lumber, and the auto industry, as well as all the workers who go along with those jobs. In fact, under these guys, just in the first four months of this year, 111,000 full-time jobs have gone. They are not coming back. That is a record. That is the Liberal government’s record. Because of its high taxes, its high burden when it comes to red tape and its bureaucracy, no one wants to stay here in Canada. Our industries and our workers end up suffering the most. Having 111,000 jobs leave Canada, which are probably not going to come back, is not a good look. We are going down with that trend because nothing has changed. The government is going to keep on taxing. It is unfortunate that the only people who get rewarded are at Brookfield.

Tamara Jansen, Cloverdale—Langley City

Conservative
“The government now spends $59 billion a year just to pay interest on its debt. That is more than it gives provinces for health care, and more than it collects from the GST. Canadians are paying taxes for debt interest instead of the services they need.”
Official Hansard

Mr. Speaker, families across Canada know that, when their interest payments start eating up their household budget, something is seriously wrong. That is exactly what is happening with the Liberal government. Debt interest costs have now exploded to $59 billion a year, up 10% in just one year alone. Canadians are now paying more in interest than the federal government sends to provinces for health care. In fact, debt interest now costs more than the GST brings in. Members can think about it. Canadians pay taxes and struggle to afford groceries and rent. More and more of that money is simply going toward interest payments instead of the services people need. Is it fair that the Liberals are forcing Canadians to pay thousands of dollars per family just to keep up with the interest on their own reckless spending?

Jasraj Hallan, Calgary East

Conservative
“The Prime Minister cares more about bankers and bondholders than regular Canadians. The government spends more money on them than on healthcare. A Conservative government will stop this.”
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Official Hansard

Mr. Speaker, that was a great question. All of my colleague’s advocacy is for her constituents, whether it is the issue of crime, which she raises all the time, or affordability. I fully agree with her. The thing is, this has been brought up many times. The Prime Minister is more concerned about making sure his banker and bondholder buddies are better off than how Canadians are doing. It does not concern these guys that, budget after budget, more money is going to bankers and bondholders than what goes to doctors, nurses and hospitals or what we collect in GST. This is the trend. It is either Brookfield, the bankers or the bondholders who get rewarded by the government. We will put an end to that under a Conservative government.

Arpan Khanna, Oxford

Conservative
“The government's economic update spends too much and grows the deficit. This waste causes high inflation, which hurts workers, seniors, and small businesses. We spend $60 billion a year just paying interest on our debt, more than we send to health care. The government should cut its spending, lower the deficit, cut taxes, and remove all federal tax on gas.”
  • A repeated line

    “Canadians are struggling to put food on the table.”

    Said 14 times by 12 members since April 27.

    Every time it was said
Official Hansard

Mr. Speaker, I want to thank the member for Calgary East not only for his great intervention but also for the work he does to hold the Liberal government accountable on finances. The member is right. This update was a chance to give Canadians some hope. It was a chance for the government to lay out a plan that would show Canadians that the Liberals have their backs, that they care about the work they do and that they care about the sacrifices they make. They had an opportunity to reduce the deficit, but instead we got the opposite. We have a record number for the deficit, which has real consequences for Canadians. When we have rising deficits, when we spend more than we bring in, when we send money outside the country, when we wastefully spend it on insiders and Liberal lobbyists, what happens? Canadians pay the price with inflation. Our country has one of the highest inflations in the G7. Canadians are now struggling to put food on the table. We have single parents who are skipping meals just so their kids can have some decent food. We have seniors who are choosing between buying medicine, filling their gas tanks and paying their bills. We have farmers who are sacrificing so much every single day in our riding, yet barely getting any return for the yields. We have workers who are picking up extra shifts, working extra hard, staying away from their families, abandoning their vacations, staying away from their children and their friends and literally just working constantly to put food on the table for their families. There are IT professionals and young Canadians who actually have decent jobs and go to work with a decent income, but they still cannot make ends meet. The working poor is now a thing. They work harder and harder, but are barely getting by. The Liberals had a chance to send a clear signal to Canadians, but it did not happen. What did we get as a result? We are now paying almost $60 billion every single year to finance their debt. Interest payments alone are $60 billion, which is more than what we pay for health care transfers in our country. That interest money goes to bondholders and bankers, and Canadians get the bill, again and again. That money could be used to invest in our health care. In Oxford County, we have a shortage of doctors, nurse practitioners and nurses working in our health care sector. We have almost 8,000 residents who do not have a family doctor in our community. It would be amazing if that money was taken away from these bankers and bondholders and actually invested in rural communities. That money could be used to build up our infrastructure or maybe even to keep the Snowbirds going, which is a great heritage and a historic part of our country, but no, the Liberals want to keep wasting money. If we look at the economic update, it is more of the same, while the Prime Minister promised to be different. He said he is different. He said he would get a deal. He said that he is a fiscal manager, but we are getting a lot worse, even worse than Justin Trudeau. Who is getting rich? Who is making the money? It is not Canadians. Brookfield is getting contracts. We are seeing over $20 billion sent to external consultants and lobbyists, and there are billions of dollars for foreign aid that is connected to the government. That money should be brought back to Canada. The Liberals need to put Canadians first, lower the deficit and bring down inflation. We should not have a situation where seniors are now starving to death. We should not have a situation where parents are not putting their kids in summer camps or sports, but we are seeing that. Small businesses make so many sacrifices. They take the risks, try to give back to their communities and want to help out, but the government continues to kick them down at every moment. Our vision is very different. Our Conservative vision is about giving control back to Canadians, back to our workers, farmers and seniors, so that if they work hard in this country, make the sacrifices and follow the rules, they should be able to achieve their God-given potential. Canadians used to be happy. Canada used to rank as one of the happiest places in the world. When we look at the rankings, we see that is changing. We can look around in our communities to see this. In Oxford County, if we walk down Dundas Street, we will see that some businesses are starting to close their doors. We will see the tents of homelessness popping up. We see signs right across this country of a country that is heading in the wrong direction, but Canadians are resilient people. Canadians do not give up. Despite no support from the government, they still believe in our country. Conservatives believe in our country. We believe in our people, who are hard-working and talented. We believe in the farmers who wake up before sunrise to plant in the fields and who look forward to the fall for a great harvest. We believe in them. We believe in the waitress who works a double shift, who washes dishes and makes sure she is serving customers with a smile on her face just so she can feed her children. We believe in her. We believe in the auto workers and the workers who work hard on our floor shops to make great Canadian products. We believe in our seniors who have sacrificed their whole lives. They have made the sacrifices, and all they want to do is retire in peace and with dignity. We believe in them. We believe in Canada’s potential. Canada has unlimited potential with its natural resources and our different industries, such as our auto industry and agriculture. There is so much going on in our country. We should be one of the richest countries in the world. We obviously believe in Canada’s promise that people, whether they have come to this country, were born here or have been here for generations, who work hard, play by the rules, take a chance, give back to their community, integrate into our society and help their neighbours can achieve their potential. What is missing now is that vision. That is why Conservatives believe in a smaller government. Smaller governments make for bigger citizens. We wanted to see a plan from the Liberals that would cut red tape. We did not see that. Red tape went up. There is more bureaucracy, more departments and more organizations monitoring other organizations. It is always something; it is always red tape. There are always these new bureaucracies being set up, which costs millions and billions of dollars of taxpayer money. We wanted to see the Liberals lower taxes. We did not see that. On the gas tax, right now Canadians are being crushed. They are being crushed at the pump stations. We said we had a great plan to take all federal taxes off gas, which would save the average family almost $1,200 a year by cutting 25¢ cents a litre. Those are big savings. For an average family, it is big savings. Instead of taking the whole idea and giving Canadians relief, the Liberals put in half measures of only 10¢ per litre. Canadians cannot survive like this, but on this side of the House, every single day we will stand for hard-working Canadians. We will push back against Liberal insiders, and we will make sure that Canada is a country for the workers who have sacrificed so much to build our country. We will make sure we hold the Liberal government accountable every step of the way.

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

Liberal
“The member claimed that seniors in Canada are starving to death. That is false and extreme. I want the member to take back that statement or explain it.”
Official Hansard

Mr. Speaker, talk about extreme statements. We will have to review Hansard, but I believe the member said that seniors are now being starved to death. An hon. member: Oh, oh! Hon. Kevin Lamoureux: Mr. Speaker, he says yes. We have a Conservative leader who tours the country, as well as other Conservatives, saying that Canada is broken. Canadians are not stupid, and they are not going to believe the type of misinformation that the Conservatives pump out day after day. The extreme statement of saying that seniors are starving to death in Canada just highlights the type of irresponsible statements coming from the opposition today. I am wondering if the member will withdraw that particular comment, or at least provide clarity.

Arpan Khanna, Oxford

Conservative
“The government is wrong to say life is affordable right now. Seniors are struggling so much to pay for food that one told me they want medical help to end their life. The government is hurting the economy.”
Official Hansard

Mr. Speaker, not only is the member so out of touch with reality, but even the Prime Minister said, a few weeks ago in the chamber, that affordability is the best it has been in a decade. The Liberals do not actually spend time on the ground meeting with families. A senior called me and said that they were considering MAID, not because they are sick but because they cannot afford to eat. Shame on the government for destroying Canada’s economic prosperity. Our seniors made so many sacrifices, but the member stands up to score cheap political points. Shame on the member.

Marie-Hélène Gaudreau, Laurentides—Labelle

Bloc Québécois
“Seniors aged 65 to 74 need help, but the government treats them unfairly. Instead of handing out money to win votes, the government should help people in this age group. What does my colleague think about this?”
Official Hansard

Mr. Speaker, it is true that seniors are facing difficulties. We have been saying for many years that seniors aged 65 to 74 are being discriminated against by the government, and we expected that this situation would be rectified. Instead of offering a poisoned chalice in the form of election-time handouts, the government could have helped people in this age group. What are my colleague’s thoughts on that?

Arpan Khanna, Oxford

Conservative
“The government's policies are hurting seniors. One in 10 seniors now uses food banks, and some are becoming homeless. The government's economic plan helps their friends instead of helping seniors.”
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Official Hansard

Mr. Speaker, I do agree with my colleague that under the Liberal government, seniors have been pushed right to the back. The Liberals talk a big game, but they do not have the human decency to stand in the House and accept that their policies are hurting seniors. One in 10 seniors is now going to the food banks. That is not me saying that; it is the facts in our communities. Instead of the Liberals’ just issuing press releases, if they actually cared about seniors, stood up for them and supported them, we would not have the crisis we have today. The economic statement could have helped them, but again it is helping Liberal insiders, while seniors are being forced to homeless encampments.

John Barlow, Foothills

Conservative
“Liberal policies are making groceries too expensive. Two million Canadians now use food banks every month. I want my colleague to talk about how these policies caused this problem.”
  • Question or comment in debate

    Respect 78 of 100

    This statement targeted a person rather than their actions or views: “our Liberal colleague does not believe that Canadians are going without and having to skip meals”.

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Official Hansard

Mr. Speaker, I find it interesting that our Liberal colleague does not believe that Canadians are going without and having to skip meals. We know that the facts tell a very different story. There was the Great Depression, World War I, World War II and the global recession, and never had a Canadian government had to borrow money to help Canadians buy groceries, but that has happened twice in the last three years as a result of Liberal policy that is driving Canadians to food banks. I would like to ask my colleague, after his excellent speech, about the impact Liberal policies are having on food inflation and grocery prices that are resulting in two million Canadians lining up at a food bank every single month.

Arpan Khanna, Oxford

Conservative

Linked statement

“Food bank use is going up across the country, and donations are down. The government has made food unaffordable. It needs to help farmers by removing the tariff on fertilizer.”
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  • A repeated line

    “Food inflation is the highest in the G7.”

    Said 3 times by 2 members since April 23.

    Every time it was said
Official Hansard

Mr. Speaker, the food banks in my riding and right across our country are bursting at the seams. The demand at Operation Sharing at Helping Hand Food Bank, and at seniors in crisis in Oxford County is actually rising by exponential numbers. Usually we want these numbers to come down. That would be a good sign that we are taking care of our people. However, our numbers are going up. Donations are going down, and usage is going up. As I mentioned earlier, there is also a new category, the working poor, people who are working harder and harder but barely getting by. They are lining up at the food banks. There are over two million visits to a food bank in a single month. One in four of them is for children. The most vulnerable people in our community are actually struggling. The Liberal government, instead of making food more affordable and supporting our farmers by taking the fertilizer tariff off and helping them, is missing in action. The cost of food is the highest in the G7, and food inflation is the highest in the G7, thanks to the government’s failed policies. On this side of the House, we are going to keep fighting for Canadians every step of the way.

Jenny Kwan, Vancouver East

NDP
“I do not support the government's economic plan. It cuts money for health care, transit, and public services while spending billions on the military and private companies. We should tax the record profits of big oil and gas companies to help Canadians instead.”
Official Hansard

Mr. Speaker, I am sharing my time with the member for Trois-Rivières. Let me start with a quote that says, for all my life, I have been a Liberal who believed in rights, equity and an independent foreign policy. Since 1982, the charter gave us something that transcended party...courts that could check governments, refugee protection as obligation, reconciliation as shared responsibility. “The story is being re-written. The language hasn’t changed. Ministers still invoke the Charter, the ‘rules-based order’.... But...what’s actually happening....” Asylum seekers are cut off before they reach a hearing, immigration detention is relocated into a federal prison, climate architecture is quietly dismantled, indigenous funding is eroded by inflation and international law is treated as optional when inconvenient. “The Liberal convention in Montreal confirmed the direction...security, defence, and major project....” Election reform was rejected. “Small-l liberals...are running out of political space. Their values haven’t disappeared. The party that used to carry them is just moving on.” Those are the comments of the Hon. Dr. Lloyd Axworthy, a former Liberal foreign affairs minister. I think he is reflecting the views of many progressives in Canada. After the tabling of the spring economic update, the headline of Althia Raj’s opinion piece in the Toronto Star, which names the Prime Minister, reads, “[He] has forgotten who helped get him elected”. Her article opens with this, “If one thing is clear from [the Prime Minister’s] economic update this week, it’s that he’s taking progressive voters for granted.” Indeed the months since the fall 2025 budget have confirmed a hard truth. The Prime Minister is governing like a centralizing conservative. The warning signs were already in the budget itself: public service cuts, reduced immigration targets and a growing emphasis on sovereignty spending including defence. The NDP flagged it as an austerity-leaning framework at a time when Canadians were struggling with unaffordability, unemployment and rising costs. Since then, the direction has only hardened. This government has overridden labour action, forcing striking workers back on the job, drawing fierce backlash from unions. It has pursued international trade and so-called nation-building legislation with Conservative support while sidelining indigenous rights and environmental standards. It has cut or constrained programs in areas like science, foreign aid, community support and public services, all while expanding military commitments and giving big corporations significant tax incentives and benefits as they continue to make record excessive profits. Day by day, it is becoming clearer that this is not progressive governance, but the consolidation of power, decision-making and priorities that tilt toward the market, megaprojects and militarization over people. It is a government that asks its working people to tighten their belts while opening the fiscal floodgates for defence and corporate-led growth. That is not balance; it is a political choice, and one that looks increasingly conservative by the day. The spring economic update saw health care spending cut as Canadians continue to struggle to find a doctor. The provinces and territories that did not sign on to the pharmacare deal that the NDP forced the Liberals to move forward on before the last election will likely not get an agreement. Meanwhile, mental health funding will not be renewed. The chronic underfunding for mental health and addictions continues. The highly touted dedicated funding for transit has been axed. Support for many critical services, including the Right Fit program for people with disabilities, will sunset. Canadians are worried about their future and are facing an everyday emergency to keep costs down. Instead of taking bold action that would actually make a difference in people’s lives, the Prime Minister is relying on the private sector to save us. In fact, the spring economic update ensures the private sector is the biggest beneficiary in this affordability crisis. With the creation of a $25‑billion sovereign wealth fund, Canadians will see public funds shuffled into privately owned projects that will make a few wealthy investors and CEOs richer than they already are, including big oil and gas companies that are poised to reap over $90 billion in profits this year alone. The Prime Minister’s approach is to take public tax dollars to subsidize private projects all while income inequality is at a record high. Canada’s wealth inequality report by Oxfam Canada cited that in 2025, there were approximately 89 billionaires in Canada. The report further noted that the richest 1% have a net worth of $7 million and above, and they hold nearly $3.9 trillion in wealth, almost as much as the bottom 80% combined. This is just plain wrong. The Prime Minister invoked the example of Norway’s sovereign wealth fund, and the banker PM is doing the mirror image of what Norway did. In contrast, Norway’s success is built on state-led development. It directed its resource revenues into a sovereign wealth fund that is now worth over $2 trillion U.S., investing in green energy and initiatives and securing Norway’s social safety net. Canada once had a similar opportunity with the state-owned Petro-Canada, but the Conservatives began the privatization process and the Liberals finished it off, costing Canadians a vital source of national wealth. Instead of filling the pockets of big oil and gas companies, the NDP wants to see a windfall tax on oil and gas companies that are projected to make over $90 billion in profits this year alone because of Trump’s illegal war in Iran, and use that money to grow the sovereign wealth fund to benefit Canadians. This past week the Prime Minister told Canadians at the Greater Vancouver Board of Trade, “We don’t want to hear what people are against. We want to hear what they’re for. And if you’re for something, we will get behind [it].” He is delegitimizing the work of environmental groups and climate defenders who have been calling for green energy and infrastructure for decades. He is also threatening provinces and sidelining indigenous rights at the same time. Is it a wonder that the former minister of environment, the member for Laurier—Sainte-Marie, resigned from cabinet? Now 14 Liberal MPs have written a letter anonymously, raising their concerns. If the Prime Minister can make such a comment to the Canadian public, one can only imagine how his cabinet is treated behind closed doors if any of them dare to voice their opposition. The Prime Minister was the UN special envoy on climate action and finance, which championed integrating climate risks into mainstream financial decision-making. He called for faster decarbonization. In 2015, Canada played an important role in the signing of the 2015 Paris Agreement. We agreed to lower emissions by 45% by 2030, a key deadline and organizing principle for the climate strategy. To achieve this, the main pillars of Canada’s pan-Canadian framework for climate change included carbon pricing, an EV mandate, an emissions cap on the oil sands and clean energy growth. The consumer industrial carbon pricing was to reach $170 per tonne by 2030. The EV mandate was to see that 60% of vehicle sales were EVs by 2030 and 100% by 2025. The emissions cap on the oil sands was to be 45%. Those targets have all been cancelled or delayed by a decade. Clean energy growth was watered down. Deadlines were pushed back. Instead of faster decarbonization, the Prime Minister signed a new agreement with Danielle Smith to build a new pipeline that would emit 160 megatonnes of carbon dioxide, 10 times more emissions than with its carbon capture project. Canada will not meet its climate goals by 2030. The Canadian Climate Institute is saying Canada will not get to net zero by 2050. The Prime Minister has abandoned climate, plain and simple, and what did we get for that? It was not unity but a referendum for Alberta to separate from Canada. Moreover, Canada is on a path to significantly increase defence spending to 5% of GDP. We have barely had public debate about this, nor was this talked about during the election. National security matters, but so does economic security. At the very same time as we are considering major increases in defence spending, we are also hearing about fiscal restraint, about the need to limit spending in other areas. Let us be clear. When the government makes these choices, it falls hardest on people who rely on affordable housing, on the health care system, on income supports, on child care, on mental health and on accessible public services. It falls on middle-income and low-income Canadians. It falls on renters and on young people trying to get ahead. In other words, without careful and deliberate policy design, those trade-offs can deepen inequality. We know policy choices can make a difference in people’s lives. This is what the Prime Minister is doing. He is trading off the needs of Canadians for the oil and gas companies, which are already making billions and billions in profits.

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

Liberal
“I want the member to tell us if the NDP supports exporting more natural resources. Does the NDP support building or expanding pipelines?”
Official Hansard

Mr. Speaker, I am wondering if the member could give a clear indication of whether the NDP supports in any way increasing natural resource exports. In particular, does the NDP support any sort of pipeline extensions or expansion?

Jenny Kwan, Vancouver East

NDP
“I want the government to tax the extra profits of oil and gas companies. That money should go to clean energy, a national wealth fund, and people struggling with the high cost of living.”
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Official Hansard

Mr. Speaker, I will tell you what the NDP stands for. The NDP stands for calling on the government to actually impose an excessive profit tax on the oil and gas companies, which are poised to make over $90 billion just this year alone in profits. That money should go into the sovereign wealth fund. That money should go into green energy initiatives. That money should be going into supporting Canadians who are struggling with the affordability crisis.

Warren Steinley, Regina—Lewvan

Conservative
“I have a question for the NDP member. Earlier, a Liberal member laughed about seniors who cannot afford food.”
Official Hansard

Mr. Speaker, I have an honest question for my friend from the NDP. Earlier, we had the member for Winnipeg North laughing about seniors not being able to afford food in one of our members’ ridings. He said—

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

Liberal
“What the member said about me is not true, and he knows it. He should apologize.”
Official Hansard

Mr. Speaker, the member is imputing motives. That is just not true, and the member knows that. He should apologize for it.

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