:
Madam Speaker, there are times in the life of a Parliament when Canadians are not looking for showy speeches, sound bites for TikTok or corporate buzzwords. Sometimes people look to the House of Commons and wonder whether the people entrusted with power are listening to them, are able to understand them, and are making efforts to solve the real problems in their lives.
Canadians are exhausted. They are tired not because they do not want to work, but because they bear too heavy a load on their shoulders for a government that does not take enough responsibility. The government we have now is too much of a burden. It weighs heavily on the shoulders of the ordinary—no, the extraordinary Canadians who work every day to pay our country's bills. These are people whose names never appear in the credits. They never get famous, but they are the ones building our country, and it is to them that we owe our presence here in the House of Commons. For too long, the government has taken them for granted, taking their money to spend on its own obsessions without delivering any benefits for them.
[English]
There are moments in a nation's life when people look to our leaders, not for applause lines, corporate buzzwords or social media clips, but for honesty, humility and seriousness. They look to this chamber and ask whether those entrusted with power truly understand the weight of the burdens on the shoulders of the people.
Now is one of those times, because Canadians are tired. They are exhausted, not because they do not want to work but because they bear the burden of an extremely expensive government that takes too much and returns too little, that focuses on its own obsessions rather than on the needs of the people who pay the bills.
Those Canadians who pay the bills, the ordinary Canadians, no, the extraordinary Canadians who build the homes, swing the hammers, frame our buildings, drive our trucks, invest in our businesses and mortgage their homes to start new enterprises are the silent voices whose murmurs of pain and suffering have grown louder and louder without any heed from government.
They needed hope yesterday. They needed relief. They needed evidence that someone in the government had heard them, believed them and respected their sacrifices and was finally prepared to act in their interests instead of the government's interests. Instead, they were met with the most expensive failure in modern Canadian history. The , the figure head the Liberals had paraded in front of Canadians as a new guarantor of discipline, competence and stability, the man we were told would clean up the Liberal mess, has brought a bigger shovel and dug a far deeper hole.
For nearly a year, the Liberals and their supporters told us that the was different from the man he had advised for the proceeding five years, that he was smarter and more responsible and that he would be the adult in the room. However, even before the budget was presented, the promises were all broken.
It was revealed that the mythology was false, because this budget confirms the truth: In the government, there is no discipline, restraint or plan, only politics, posturing and pain for the people who do the work, pay the taxes and hold the country together.
[Translation]
The numbers speak for themselves. The is going to add another $80 billion to our national debt, which is double the deficit Justin Trudeau left behind. It is the largest deficit in the country's history, outside of the pandemic. That is $16 billion more than the deficit the Prime Minister promised during the election campaign. That is about $5,000 for every Canadian family. These families will be paying the bill for generations to come, and that is just the debt he is adding in a single year.
The budget calls for $312 billion to be added to the debt over five years. That is a record and by far the largest amount in the country's history. It represents $20,000 in additional debt for every Canadian family.
[English]
The is proving to be the most expensive in Canadian history, with a $78.3-billion deficit. His deficit is twice the size of the one Trudeau left behind. It is also $16 billion bigger than he promised, the biggest by far outside the COVID period. Over the five years that follow this budget, the expects to add $314 billion of new debt. That is one-third of a trillion dollars, which is $20,000 for every family in Canada.
Let us think about that. We were told that the adults were finally here, but instead the bill payers of this country are being told to brace for yet another reckless round of spending: $10 million of new debt added every single hour. Canadians are trimming their groceries, delaying having children, moving in with their parents and taking on second jobs, while the government indebts them $10 million an hour. That is not for homes, for prosperity or for any benefit of the people, but for the survival of the government itself.
Where does this indulgence take us? The national debt is now $1.35 trillion. To put that into perspective, that is by far the highest in Canadian history. A newborn child in this country is born with $30,000 of debt to their name, and for a family of four, it is $120,000 of debt. That is a small mortgage for most people, and that is just the debt they owe through the federal government.
[Translation]
Let me be clear: Every Canadian family owes $120,000 as a result of the national debt, at the federal level alone.
[English]
Our young people are told they have to put their dreams on hold to pay this crushing burden. What do they get for it? Do they get more doctors, more nurses, more homes or more paycheques? No, they get none of the above.
The money goes to interest on the debt, on which the government is now spending $55.6 billion. That is more than we transfer for health care to the provinces and more than the government collects in GST. When someone pays GST on their next purchase, they should know that every penny is going to paying bankers and bondholders rather than to paying nurses and doctors. That is the human cost.
Every year, Canadian families spend $3,300 on interest for the federal debt alone. That money will not fund a single MRI machine. It will be waste layered upon waste. While Canadians tighten their belt, eat lower-quality food and less of it, and hold off on their dreams, the Liberals offer one thing in return: decline disguised as virtue.
The Liberals promised that the debt-to-GDP ratio would fall; it rises. The promised that confidence would return and that investment would return, but then his own budget graph shows that investment is actually collapsing in real time. Every single quarter that he has been in office in this calendar year, there will have been a serious decline in investment: so much for spending less and investing more.
The Liberals promised stability; they delivered stagnation. They promised the next generation a fair shot; they have delivered them a sentence of slow growth and high costs. That might sound like economist-speak, but there is a real human cost of that.
As Canadians walk into grocery stores, they see that since March, when the was elected on the promise that he would be judged by the prices at the grocery store, strawberries are up 25%, beef sirloin is up 25%, stewing beef is up 20%, coffee is up 20%, chicken drumsticks are up 17%, salad dressing is up 17%, pork ribs are up 15%, chicken thighs are up 14%, and even basic mushrooms are up 13%.
Canadians are not eating gourmet; in fact, many of them are not eating at all some days. A recent survey and study done by a food bank association demonstrated that over 10% of Canadians are now skipping meals for an entire day because they cannot afford to eat. Food bank usage tells the story: It has doubled since 2019, when the became the economic adviser to his predecessor.
One in five Canadians who goes to a food bank has a job, but their paycheque does not buy them food. In addition, while the Liberals keep telling us they are going to bring in a school food program, since they made that promise, the number of children relying on food banks has doubled, to 700,000 a month.
Hanging over every farm, every factory, every trucker who moves goods, and every person who has anything in a modern civilized life is the massive and growing industrial carbon tax. Yes, it is still there. It is true the government has paused the visible, consumer carbon tax, thanks to Conservative pressure, but it has maintained, and in this budget has decided to increase, the industrial carbon tax, which punishes people who produce food and those who build homes.
The food professor warned that the industrial carbon tax is not gone; the worst part is still there. Only the consumer portion was reduced to zero. Processors and growers shoulder heavy costs. He said that the industrial carbon tax remains and that we should pay attention, because it continues to erode competitiveness in the agri-food sector. Most damning of all is that he says, “The U.S. produces food more efficiently and more cheaply than we do. The cost gap is growing, not shrinking.”
When experts are practically begging the government to stop harming food production with high taxes on every aspect of the food chain, this is a matter of ideology, not of human need.
Let us be very clear what this tax actually is; it is a levy on the steel in the tractor that rolls across our fields. Every grain dryer that preserves and dries the harvest, every greenhouse heater that helps vegetables grow in the winter, every truck that ships food from farm to table, every bag of fertilizer, every pallet of lumber, every sack of cement, every pound of steel, every piece of rebar, every roofing truss and every load of drywall becomes more expensive when we apply a carbon tax on the things Canadians make.
It might be a well-concealed tax, but it is an extremely expensive tax, one the plans to more than double over the next several years and keep increasing even after that. It is no wonder that the government is actually increasing food prices in Canada at a faster rate than they are increasing in the United States.
It is not just food; it is also housing. The industrial carbon tax applies on everything for housing. To give a little bit of chump change back to a very small number of people who happen to meet the exact and highly limited definition, the government has provided an unworkable GST rebate, going only to first time buyers who buy new homes.
Here is the problem with that: The Venn diagram intersection of new buyer and new home is next to nothing. New buyers typically buy resale homes, and those never had taxes on them in the first place. Typically, new homes are bought by second-, third-, fourth- and fifth-time homebuyers, because, of course, new homes are more expensive, and buyers already have to have been in the market.
The has successfully engineered a rebate that 95% of Canadians are ineligible to receive. It is basically worthless to almost all people in the country. Meanwhile, he made a promise he would help the municipalities cut their development taxes in half. That promise goes unkept, so today in the province of Ontario, 30% of the cost of a new home is taxes and more taxes, and the Prime Minister has not removed or eliminated those taxes despite the promise he made during the election.
Scott Andison, chief executive officer of the Ontario Home Builders' Association says, "The government's inaction will put 40,000 jobs in Ontario at risk. From architects and engineers to trades and sub trades across the residential construction sector, the estimated direct and indirect economic impact from these job losses on Ontario's economy is $5.3 billion.”
Meanwhile, our tradespeople are losing their jobs because homes are not getting built. Homebuilding is collapsing after the promised he would double it. Yesterday's budget makes the problem worse by failing to remove the taxes that were already there, while piling on the new and more expensive industrial carbon tax.
What is most galling of all is the wordplay the Liberals use to justify it all. They say, “We're not spending; we're investing”. This sounds like a new buzzword, but it is actually very old. Prime Minister Justin Trudeau claimed that he was going to invest when he promised a small deficit of $10 billion that would be gone in three years. Do members remember that? He said that the budget would balance itself.
I do not say that derisively, because he actually had a well-thought-out chain of steps that he believed would happen. He said that if we borrow money and spend it in the economy, it will cause economic growth and investment that will then go back into tax revenues, and the budget will balance itself. He did not express it in those sorts of terms, but that is what he meant, and that is exactly what the today is promising; he is claiming that deficits can be converted into investment. Well, there are three reasons that never happens.
By the way, members do not have to take my word for it; the investment numbers themselves are clear. Since the government started new debt, investment in Canada has collapsed. We have had the worst investment per capita of any country in the G7 and its worst drop in Canadian history as the Liberals have doubled deficits.
Therefore there is a negative correlation between deficits and investments. Why is that? First, everything comes from something; nothing comes from nothing. Governments get deficit financing only two ways: They print it, or they borrow it.
If they print it, they increase the money supply faster than the things money buys, and we get inflation, which we have seen; or they borrow it out of the marketplace, but somebody has to lend it, meaning that the money that is lent to the government cannot be put to other more productive uses. Economists call it the crowding out effect; this is when government borrows money out of the economy, depriving the private sector of the investment it needs for more productive activities.
Therefore when government borrows out of the economy in order to spend back into the economy, there is no net increase in economic activity; it is simply redirected to another purpose, away from productive private sector investment towards unproductive government spending. Money is taken away from factories, pipelines, warehouses, tech research and other income-generating assets to give it to bureaucracy, which ultimately devours the money and never produces a return.
The most incredible example of this was, of course, in Israel, which was running massive deficits in the 1990s and paying out 6% interest on its government bonds. This starved the Israeli economy of investment. When the government finally stopped spending and balanced its budget, investment in the tech sector exploded, because bondholders were forced to actually invest in productive R and D rather than passively hand their money over for a government-guaranteed return.
As a result of paying down debt, Israel unlocked more investment, and there was a venture capital boom that meant that right now, Israel has more companies trading on the NASDAQ exchange than does all of Europe, a continent with 75 times more people than Israel.
If we want to unlock investment, one of the things we need to stop doing is borrowing that investment out of the economy. Instead, we need to leave it in the hands of productive private sector investment that will grow and expand our economy.
[Translation]
The second reason why deficits are not investments is that today's deficits are perceived as tomorrow's taxes, and every business and citizen knows that. When people see large deficits in the news, they anticipate future tax increases and begin to save accordingly. Therefore, while the government is injecting funds into the economy, consumers, investors and businesses are reducing their own spending and investment.
[English]
The reason the government's deficits do not produce more investment and economic activity as well is that people are not stupid. They know today's deficits are tomorrow's taxes, so businesses and individuals tend to hoard their money in anticipation of future tax increases when they see there are large-scale deficits in the present. This has been borne out by the research of the IMF, which found that high-debt countries, such as Canada, with high deficits tend to have households holding back on investments of their own, and the same goes for businesses.
The only reason money-making projects do not happen in Canada is not because we are not spending and borrowing enough money, but because the government is standing in the way of those very same projects. What it needs to do is get out of the way.
The government needs to get out of the way to let mines be dug in two years' or three years' approval time, get out of the way to approve pipelines that can go to the coast so we no longer have to give all of our oil to Americans at discounts and get out of the way to grant rapid permits for LNG plants, the massive plants that are $30 billion or $40 billion, totally funded by the private sector, and massively profitable, because the price for a million metric British thermal units in Canada is three dollars, while in Asia it is over $10.
We can make enormous amounts of money if the government gets out of the way and lets these things happen, but of course that would be no fun for the government. Nobody wants written on their tombstone, “Here lies politician Smith. He got out of the way.” They all want to say that he built this thing and he built that thing, with other people's money, so it serves the ego of the politician to take the money out of the economy and put it back somewhere else, even though it costs enormous amounts, or to block this economic activity only to subsidize that same economic activity.
It is like what the great President Ronald Reagan said, which is that, if Liberals see something move, they tax it. If it keeps moving, they regulate it. If it stops moving, they subsidize it. Why not just do none of the above? Why not just get out of the way to let free people, entrepreneurs and workers, unlock their incredible natural potential to build, make, move, fix, develop and invent things for all of us? That would be a much more sensible way to get investment.
The Liberals have offered us nothing but managed declined, but we want national renewal. They have offered excuses, while we, as Conservatives, offer results. They offer debt and drift; we offer discipline and direction. They offer scarcity; we offer possibility. They offer a failed past; we offer a bright future. They trust only in themselves to run the lives of other people; we trust in the Canadian people to make their own decisions for themselves.
[Translation]
We, as Conservatives, want to get the government out of the way. We want to lighten the load on our entrepreneurs and our workers in order to unleash the strength and ingenuity of Canadians. We want to allow them to be rewarded for their ambition.
[English]
That is the country we want, and we have a very clear plan to do it. We want to lower the taxes on work, investment, homebuilding and energy. Let us cut income taxes for real, not $83 a year, but a real income tax cut that would actually boost take-home pay and reward hard work. Let us get rid of taxes on energy, such as the industrial carbon tax. Let us get rid of all taxes on homebuilding, which would be enough to reduce homebuilding costs in some provinces by as much as $200,000. Let us get rid of taxes on investment. If we want more investment, stop taxing investment. No capital gains tax for anybody who reinvests in Canada would be a way to get lots of investment going.
We need to unlock and reward the entrepreneurship of this country, but right now our entrepreneurs are like eagles locked in a birdcage. They cannot go anywhere because they are hemmed in and blocked from flying by high government taxes and heavy regulatory burden. We want to liberate Canadians to spread their economic wings and fly.
We want this to be the most rewarding place for people to work, start a business, build a home, dig a mine and set up a factory to make stuff again. That is the country we envision. We want sound money so that when hard-working waitresses and assembly line workers get their paycheque and put it in their bank account, it does not lose its value with each passing day. That means we have to stop the violence the government is doing to our money, stop the money printing and get the Bank of Canada back to its job of core low inflation and ultimately address the real foundational problem, which is that the government is spending money it does not have on things we do not need. Let us control the government's spending so that Canadian people can have strong, sound money again.
The Liberals wants a country where the government is rich and the people are poor. We want the people to live with abundance and opportunity, and that, by the way, means we need to unlock energy. There has been no history in the world of defeating poverty that has not involved low-cost and abundant energy. We, on the Conservative side, want to unlock the trillions of dollars of oil and gas, uranium and hydroelectricity in our water, our rocks, our molecules and our atoms to be used for our benefit here in a sovereign and strong Canada. That is our vision.
This is a bright and optimistic vision, and it is one that I think is going to inspire our young people, who are in so desperate need of hope. I want to say to our youth today that we, as Conservatives, see them. We see the heavy bags under their eyes as they work that third shift in a single day or are dropping off Uber Eats because they need it to pay the rent. We hear the stress and the strain in their voices as they wonder how they are going to pay the rent. We also hear the tone of hopelessness as they wonder whether they will ever be able to start a family. We hear them. We see them. We are with them. We are here to offer them homes, jobs and hope.
Our young people will once again be rewarded for their ambition, their hard work, their ingenious activity and their contribution to our country. Their hard work will once again be liberated to their own benefit and to the benefit of all Canadians. We are not here to tell our youth, who have done nothing but sacrifice since their teenage years, that they need to sacrifice more at the alter of a costly, confiscatory and expensive Liberal government. The hard work of our young people should go to their benefit. This should be a land of promise, freedom and opportunity for our youth.
We reiterate that what this country needs is an affordable budget for an affordable life for all of our people, in a country that rewards hard work and unlocks entrepreneurs, a nation not of bureaucrats and busybodies, of rulers and rule-makers, of gatekeepers and grandees, but instead, a nation of adventurers and artists, of entrepreneurs and explorers, of workers and warriors, of pioneers and patriots, all united to restore the promise of Canada, which is that anyone from anywhere can do anything and that hard work gets people a great life on a safe street in a beautiful house under our proud flag.
Canada first. Canada forever.
:
Madam Speaker, I would like to repeat a word I used yesterday that surprised a few people. It is important to consider what words really mean. In my view, the budget is a sham because it makes claims that are not based on facts, accounting rules or even the content of the budget speech itself. There are some gaps, without any explanations. Some things are added on one page, only to be subtracted on another, bringing the initial figure back to zero. In short, it is a mess worthy of "the place that sends you mad", where even Asterix nearly lost his mind.
I would also like to underscore the extreme arrogance that is reflected not only in the way the budget exercise was conducted, but also in the way a number of people in this Parliament are behaving. The Liberals have been in power for 10 years now. Unfortunately, as history has shown, the Liberals seem to believe that power belongs to them and them alone. They are now fantasizing about convincing stray sheep to come over to their side and create a majority, which would not reflect the will of the people.
What are the issues? What was all over the news during the election campaign in early 2025? No one can tell me it was not tariffs. The all-powerful told us that he was quickly going to make these tariffs disappear. That would have been only natural, since tariffs meant to intimidate have no place between allies, partners and friends like the United States and Canada are supposed to be, and that includes Quebec, whether we like it or not. However, because of some somewhat clumsy flip-flopping, our relationship with the United States is not improving. The tariffs that the Prime Minister was going to sweep away with a wave of his hand, those on cars, trucks, the forestry industry, steel, aluminum, and so on, have actually increased.
The other issue was trade. The Liberals promised that trade talks would resume quickly, culminating in a new free trade agreement in 2026, similar the last one, according to the Prime Minister. To say that the effort was not a success is putting it mildly.
The third issue that inevitably comes with a budget is governance. We are being served up a disgraceful accounting exercise. Thankfully, people and pundits understand that the government cannot insert a column of investments in the federal budget and hope to treat them as assets when they are simply expenses. The Prime Minister must know this. Anyone with a basic understanding of accounting and public finance has to know this. It is clearly a sham.
The government is dropping its elbows, and tariffs are going up. There are no trade negotiations under way, no matter what the ministers may say. This is an austerity budget with a dramatic increase in spending. That takes some doing. There is a dramatic increase in spending, but only a minuscule portion of that will be used to adapt to the tariff and trade crisis. It is in no way proportional to the deficit, which is nearly $80 billion. Moreover, Liberal governments have gotten us used to year-end deficits that are larger than those announced at the beginning of the year.
When we look at the budget, it seems to us that the Prime Minister and the government are acting like compulsive gamblers. Not only have they over-committed themselves to a series of failures that are dangerous for the economy, but they are also playing double or nothing. They are investing more public money in every way imaginable—the classic Liberal approach to running up a deficit—to see whether they will be able to get out of the situation, if not economically, then at least politically. Time will tell.
Is there anything in this budget for the Quebec nation, which the government is ignorant of and perpetually ignores? The government is ignorant of the Quebec nation in that it does not know anything about it. There is no evidence that this government cares at all about the Quebec nation. The government ignores the Quebec nation in the sense that it does not take Quebec into account in its political decisions. As has been the case for the past six months, we are again seeing that the decisions that are being made to adapt to the crisis with the United States favour Ontario, western Canada, and Canada's big banks and oil companies, not Quebec, and Quebeckers, especially young Quebeckers, do identify with any of this.
Let us review the list. We have already talked about this, because it was one of our demands. We asked for an annual increase in health transfers of 6%, rather than 5%. This would have allowed the inevitable and unavoidable increase in spending in Quebec's health care system to keep pace with the increase in available resources.
Now, we know that, year after year, with a return to 3% in 2028, Quebec taxpayers will have to spend an increasing percentage of the Quebec government's budget on health care or pay higher taxes. This is a gift from the federal government, which is keeping the money for the oil companies.
As for pensions, we have been talking about them for years. There comes a point where pensions are a matter of principle, morality, ethics or responsibility. It is about taking care of our people. It is about doing right by people who worked all their lives, who live on limited incomes and have the misfortune of being between the ages of 65 and 74, meaning they receive 10% less in OAS benefits than people 75 and over. The organizations that represent these people, people under 75 and over 75 alike, all agree with us that such discrimination is unacceptable. To top it off, the government is literally letting these people's purchasing power dwindle, ignoring the fact that maintaining the purchasing power of people who spend what money they have right away is a practical way to adapt to a crisis, especially if a recession were to occur.
Let us talk about home ownership. The government came up with a program that was called Build Canada Homes. Former Canada Mortgage and Housing Corporation programs were put under that agency. From that point, things become murky. It is no longer clear who does what, and we see no real distinction in the budget in terms of how Quebec is treated, so there is a hint of interference, that good old Liberal habit. It is as though they were saying: we have the money, Quebec does not. Our fridge is full while Quebec starves. If Quebec wants money for its projects, legitimate projects supported by its citizens who, incidentally, pay their taxes to Ottawa, then it will literally have to give up some of its powers.
I want all those fine people across the way to know that building a house does not mean that young families can afford to buy it. There is nothing in all this that will give young people the ability to save the exorbitant amount needed to make a down payment on their first home. We proposed favourable terms under which young households could access government-backed credit or government loans.
I encourage members to talk to young families, to leave the comfort of their bubble and go see ordinary people. These are real young people with jobs, some of whom are in a couple where both people work, and they tell us that they will never be able to buy a home. We had an opportunity to finally provide resources to these people, who would have used them, thus helping to grow the economy. However, the answer was no. We were simply told no. I think young people will remember that.
There is nothing in the budget for forestry except credit support. Forestry companies cannot add interest costs to their expenses in such a crippling economic situation. In fact, solutions do exist, including those proposed by both the sector and the Bloc Québécois, that would address the core problem of the forestry sector's competitiveness at no cost to the government. I want to say that it is still not too late to do the right thing. We would have appreciated a sign. I imagine that the forestry sector would also have appreciated one.
Then there is the $800-million reimbursement of a tax that was never collected. There are a lot of dimensions to this issue. Since the government is a mix of red and blue, we will call it purple. Every time this purple government talks about carbon pricing in its budget, it is referring to the controversial carbon tax. Carbon pricing, which is an essential tool for fighting climate change, is officially becoming controversial. Carbon pricing has become the scourge of public finances. However, carbon pricing recognizes that carbon emissions have an environmental impact and generate astronomical costs, which will ultimately be borne by the same young people denied the opportunity to buy a house.
Of the $4-billion carbon tax reimbursement that the government paid to Canadians a week before the election, Quebec received not one penny. Quebeckers paid the tax, but received no reimbursement from the government at all, because the money was not spent by families. It was a flagrant election giveaway that was taken out of the pockets of Quebeckers and put into those of Canadians. This bears repeating because it is still as unacceptable as ever.
There is no hiding the fact that there is no money in the budget for fighting climate change. There is no denying that it is being ignored. Not so long ago, under the previous boss, this government talked about climate change and did nothing about it. I guess now that they have already backed down, they have decided to take one more step back and not mention it at all and just pretend that climate change no longer exists. There must be some people on the other side of the House whose conscience is telling them to hide under their desk, because what is happening with respect to the climate is shameful. This is going to catch up with the government when it snaps out of its denial phase.
We can talk about the end of EV initiatives, the end of the planned extension of funds that were going to total $83 billion before 2025 and were extended to exceed $100 billion in 2030, the end of the carbon tax and the $800 million that goes along with it, and the end of the emissions cap. I have a whole list. The member for has generously provided us with many examples of what this budget contains in terms of the climate.
It seems to me that the government has abandoned a principle that I have not heard about in a long time. I believe this will resonate with people. If the government were to talk to the people of Quebec and ask them whether polluters should pay, I think the vast majority of people would say yes, that it is basic logic, common sense. The polluter pays principle is an expression that has not been used for a long time, and I want to bring it back.
The polluter pays principle means understanding that Ottawa cannot take money from Quebeckers and send it to oil companies. If that happens, the polluter no longer pays: the polluter gets paid, the polluter gets encouraged, the polluter gets rewarded, the polluter gets a boost, the polluter goes unpunished. Quebec, which has clean and renewable energy, is literally subsidizing polluting energy from western Canada. I do not have time to go into it now, but I will come back to the claims the western provinces make about equalization. Quebec gives more money to western Canada in oil subsidies than it gets in return.
Let us talk about asylum seekers. Quebec requested $700 million because it takes in and is currently hosting twice as many asylum seekers as the Canadian average. Yes, twice as many. By refusing to provide this money to Quebec, which delivers services to these people, the Government of Canada is telling the Government of Quebec to pay twice its share to welcome people arriving in distress from other countries and asking Quebec and Canada for help as they settle in. The Government of Canada is telling the Government of Quebec not to expect to get anything back.
The deficit is a popular topic of conversation. The deficit is not $33 billion plus investments; it is $70 billion. The accounting process they used is an embarrassment. This has been discussed before. It is no different than if I walked into my bank and told the bank manager that I wanted to take out a mortgage and then offered up my debts as collateral. It makes no sense, yet that is how the people of Quebec are being treated. As I said before, this is a sham.
For infrastructure, the Liberals are investing $115 billion over five years. This may sound like good news, but only a small portion of that amount will be used to help companies adapt to the tariff crisis. There is almost nothing for the Liberals' major projects. There is money for defence, tax cuts and the good old Liberal deficit, but at an all-time high.
We are talking about the need to adapt in the negotiations with the Americans, who are not being very nice to us. Let us not forget that the Canadian government wants to revive Keystone XL, which will take western oil and send it to the United States. They call that market diversification? Also, the government just gave Ontario $2 billion to buy modular nuclear reactors made in the United States that can process only American uranium. So much for diversification.
Incidentally, I invite everyone to have a look at the beautiful ship on the cover of budget document. The ship is named Arvik I and was built in Japan. That is rather interesting. It illustrates this government's judgment.
Now I am going to talk about austerity. Tens of thousands of jobs are at risk through attrition. That means fewer people doing the same work. The most experienced people leave, and the least experienced people stay on and have to do more work. In the meantime, the Department of Citizenship and Immigration is incapable of doing its job, and the Canada Revenue Agency is not doing its job either. If the government at least tried to cut out overlap or encroachment on Quebec's jurisdictions, it could save a lot of money, but no, the Liberal government is far too committed to its interfering ways.
Cuts to the public service are popular. It is trendy. However, making cuts the wrong way can sometimes be irresponsible. I have already mentioned that the austerity in this budget is being used to fund support for the oil industry. Oil does not serve Quebec and is damaging the planet. We are going to pay while the watches water levels rise because of climate change. He will have retired and will be sitting on his boat, not even realizing what is happening. As the water rises due to climate change, he will rise too. This image is a simple illustration of the total indifference these people feel toward the reality of all the people around the world who are suffering because of climate change.
There are positives, and I will mention them, because people are always saying that we do not talk about the good things. I want to mention some related regional projects where there is a collaborative effort. We have asked for support for these projects. There is the Exploramer museum's shark pavilion. There is the Espace Hubert-Reeves in Charlevoix. There is the Îles-de-la-Madeleine airport runway extension, which will enable the people of the Magdalen Islands to export as far as Ontario, which is a large market for them. There is the Forillon shipyard.
There is the ongoing interest in the Port of Saguenay. There are also the measures we suggested to tackle the Driver Inc. issue. That comes directly from the Bloc Québécois. There is the removal of the luxury tax on business aircraft and the removal of the GST on first homes, and there is money for culture. There are some good things, but overall, it remains an extremely risky and dangerous budget.
I will go straight to the conclusion to say—
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Madam Speaker, it is always an honour for me to rise in this place to speak on behalf of the good people of Charlottetown, the cradle of Confederation and the birthplace of our nation. Charlottetown is also the only riding in Canada that has both a small population and a small geography. I will come back to that a little later in my remarks. Another unique aspect of the riding that I am so proud to represent is that it is the only place outside of the national capital region that has a national headquarters of a federal department, which is Veterans Affairs, located in downtown Charlottetown.
Hon. Bardish Chagger: Share your time.
Sean Casey: Madam Speaker, I would like to thank the member for , who is always way more on top of her game than I am.
I am going to be sharing my time with the member for .
Where I left off, I mentioned that Charlottetown was the location of the national headquarters of the Department of Veterans Affairs. This budget is important in that regard because it speaks specifically to another significant investment in Veterans Affairs to deal with the backlog of veterans' claims and the other modernization required to give veterans the services they rightly deserve. That is good news for the people of Charlottetown, for the people who serve veterans and for our veterans community.
The presence of the national headquarters of Veterans Affairs in my riding is particularly important, and the vote of confidence that the riding has received for the work being done there is demonstrated by the investments that have been made in the Daniel J. MacDonald Building and also by the investments in the budget. Unlike with the previous government, there are no deep and disproportionate cuts and there is no closure of district offices, which we reopened immediately upon coming into power.
I want to talk a bit about how the budget would impact my province and my riding.
Prince Edward Island is a place that relies heavily on tourism. We are 180,000 people, but we receive more than 1.7 million visitors a year. That was last year's number. This year's number was way up, and it was up for a few reasons. One, of course, is that Canadians have decided to stay home, and we were the beneficiaries of that. The other is that the weather this year was absolutely incredible for the beaches and all of the activities that people enjoy so much on Prince Edward Island. It was tough for the farmers but good for the tourists, so the tourism industry flourished.
There are two more reasons we had such a good year in tourism in Prince Edward Island this year. One is the decision of the Government of Canada to reduce the tolls on the Confederation Bridge from $50 to $20. That had a big impact on the traffic going back and forth across the bridge, and there was a significant increase there. The other reason, which might surprise members, is the Canada strong pass. The Canada strong pass basically provided for free entry into national parks, and the national park in Prince Edward Island is a major draw for tourists and locals alike. It was good to see in this budget that this success will be repeated, as the Canada strong pass will be around for another year.
Also included in the budget are investments in airport infrastructure. This is critically important as well, and it builds on another investment that was recently made with respect to air travel and Prince Edward Island to provide regional connectivity. Back when COVID struck, the airlines abandoned short-haul regional routes and cut off service from Charlottetown to Halifax. Being able to get from Charlottetown to Halifax opened up the rest of the country and provided many other options. We had not had that flight since the COVID pandemic, until an announcement recently of a program to bring it back through an investment of the Atlantic Canada Opportunities Agency.
The investment in airport infrastructure in this budget is critically important, because my hope and expectation is that increased service will lead to increased numbers. It is already a phenomenon that we have seen irrespective of this investment, but all of this feeds into good news for the tourism sector in Prince Edward Island.
On the subject of infrastructure, since the sunsetting of the investing in Canada infrastructure program, there has been a pretty significant gap in the availability of infrastructure funds from the Government of Canada for anything other than green-inclusive community buildings or housing. This is something I have heard frequently in my office from hard-working, dedicated, community-minded organizations that have a good project in mind for which there is no fund. Now there is.
This budget has introduced the build communities strong fund. It has specifically indicated that health infrastructure is eligible, that colleges and universities are eligible and that local infrastructure is a key element of it. All of these things are new. All of these things would unlock private investment. All of these things would provide for greater continuity and a greater provision of services within the community. There is a particular synergy as well to the extent that health infrastructure would now be included.
Just within the last couple of days, the Progressive Conservative provincial government in Prince Edward Island introduced its capital budget, which had millions of dollars in health infrastructure in it. This will be a chance for further co-operation and partnership between the two levels of government.
[Translation]
There is another point I would like to mention for a number of reasons. Prince Edward Island has a very vibrant Acadian, francophone, francophile and franco-curious community. That vitality was on full show on August 15, when Charlottetown hosted National Acadian Day celebrations.
As part of the budget, we decided to double the funding for this celebration and make it permanent. This is the result of the efforts made by community representatives like Charles Duguay of the Société acadienne et francophone de l'Île‑du‑Prince‑Édouard. They pushed very hard to make their voices heard. We heard their message and we responded. I am particularly proud of that.
[English]
The other thing I want to touch upon is the national school food program, which is national because of a pilot project done in Prince Edward Island. It was done particularly well; it was particularly well executed, and it was scaled across the country. It is a source of pride that it has now been made permanent. It will provide a savings of $800 for a typical family with two children and will allow 400,000 more kids to have healthy food.
For me, it is more than that. It is yet another indication that a small place like Prince Edward Island is an ideal location for a pilot project. There are advocates in Prince Edward Island right now pushing for a pilot project for a basic income guarantee. We, as Liberals and elected officials, have an obligation to those who are more vulnerable than us, and I believe we will all be measured by that.
This is a budget that works for my riding, for my province and for my country. I am proud to stand and vote in support of it. I hope members on all sides will not use this budget to force a Christmas election. We will see how much good will and can come of it. Let us support it.
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Madam Speaker, it is such a privilege to rise in this House to speak in favour of the budget that was tabled by the in the House yesterday.
This is a budget that is about building. It is about building the type of Canada that each and every one of us deserves, that our kids deserve. It is about building the economy of the future today, about investing in the future of this country as an economic powerhouse. This is a budget about building and for builders. Whether building a community organization, a community centre or Canada's next great multi-billion dollar business, this is a budget that is focused on creating opportunity, support and value for Canada and for Canadians.
In my home province of British Columbia, this budget is going to be transformative. It is going to help to create thousands and thousands of jobs through support for the Red Chris mine in northern British Columbia and for support of LNG phase two. They are two major anchor projects in British Columbia that come with first nations' support and participation. They come with support from local communities and from the province. They are the types of initiatives that are nation-building exercises. They are the types of initiatives that Canadians are looking for their government to champion in a time of economic uncertainty. Regardless of party affiliation, we should all be able to stand by and support projects and initiatives in this budget that build for the type of future we need, that create the jobs Canadians are looking for in industries that the world needs Canada to lead in.
When I look at the impact of this budget in British Columbia on a macro level, it is transformative. Those two projects are going to represent billions of dollars of value to my home province, not just in the communities where those projects reside but throughout the province, including the Lower Mainland and my riding of Vancouver Granville. We all know that when we support large projects, the spillover benefit to small and medium-sized enterprises is there. It is strong, and it is a critical component of the economic ecosystem of the province. That is what makes this budget so remarkable. It is not just about large projects. It is also about the small projects and small supports in our communities that keep our communities alive and thriving.
In my riding alone, there has been a lot of support for the Filipino cultural and community centre, and I was pleased to see that listed as a single item in this budget. It is going to be a community centre for the Filipino community where they will be able to come together, to share who they are and what they are all about, and bring others along for that journey. This is a community that has become part of the fabric of Vancouver over generations. It represents, in many parts of our community and our province, the silent, quiet workers who care for our loved ones, who are there in the health care system, who do the hard work that is often unseen. For them to have a place that they can call their own is critically important, to show them not only that are they seen but that their request has been heard. That is what this budget seeks to do on this particular matter, and I am so proud to have been able to help champion that.
As colleagues know, I come to this House as a former entrepreneur in the tech sector, somebody who had the privilege of building companies. One of the major complaints from the tech sector has always been that Canada has not supported innovation in the way it could, or should. This budget does that. Boy, does it ever. It takes that challenge head-on. There is now $1 billion available through a venture and growth capital fund to support venture in this country, to support early-stage businesses, to make sure the entrepreneurs we are trying to develop and cultivate into the large businesses of the future today have the support and the financial support they need to be able to build higher and remain in this country.
We are going to protect their IP through support to ensure that the IP measures this country needs to see are in place. We are going to make sure that the thing entrepreneurs depend on at the early stage, SR&ED credits, and the process of accessing SR&ED credits, is now seamless, is easier and allows entrepreneurs to focus on what they need to be doing, which is building businesses, rather than dealing with red tape in government. By ensuring that we are protecting Canadian IP, we are creating the environment where Canadian innovators can continue to do research where they feel their IP will be secure and where they can continue to innovate without risk of losing that incredibly important asset, which is intellectual property.
On top of that, we have committed $1.3 billion in this budget to AI and quantum, industries of the future where Canada is already an intellectual leader and now needs to be a commercialization leader. By ensuring that that money is available to support quantum and AI in this country, today's entrepreneurs and innovators, who are building the businesses of tomorrow, will have what they need to be able to stay in this country. All too often, we hear of Canada being an incredible hotbed for great start-ups that flee.
Measures in this budget will make sure these companies not only get to stay here but will be able to grow here, to thrive here and to attract the capital that is required to stay here. By ensuring government is facilitating, by making it easier for that to occur, we are going to see these companies thrive. We are going to see more and more world-class companies like we see across the country and like I see in my own riding, such as Sanctuary AI and Aspect Biosystems. These are Canadian success stories that will benefit from the initiatives in this budget.
This is what this budget is about. It is about building. It is about building tech companies. It is about building entrepreneurial businesses. It is about building in natural resources in this country in a way that is responsible, that respects the environment, respects first nations and respects the wishes of provinces but keeps top of mind the fact that in order to support the things we want to do to protect Canadians in this country, we have to be creating wealth. We have to be creating opportunity. We have to be able to create prosperity for generations to come. This is what this budget seeks to do.
This budget is also about building security for Canadians by protecting the programs we care about, ensuring there is money on the table to build health care infrastructure, which this country desperately needs; to make sure we are safeguarding a school food program; to make sure we are safeguarding dental care and child care. These are generationally transformative programs that have made a positive impact across this country from coast to coast to coast. This is why provinces, all provinces of all political stripes, have signed on to these initiatives. Those provincial governments all understand the importance of making sure our most vulnerable are taken care of. That is what we are going to keep doing through this budget.
We talk about building security, but we also talk about building the security framework for this country through investments in national defence. As we have already heard, those investments are going to ensure Canada can protect its borders and play the role it needs to play internationally. This is an important message to be able to say to Canadians in a time of economic uncertainty, but also in a time of political uncertainty around the world: that Canada will be resolute and strong in its support for its allies and in its support for the work we need to do to defend our own borders.
This budget preserves our security by ensuring that industries at risk because of the unjustified tariffs from the United States have the support they need. In my home province of British Columbia, the softwood lumber industry has been in crisis as a result of the crippling tariffs from the United States. This budget allows for businesses and workers in British Columbia to access the supports they need so we can get through this difficult time. It also gives them the supports they need to ensure the industry adapts in a way that is meaningful and thoughtful, so when the demand does come, and boy, will it ever for British Columbia softwood, our mills are ready, our workers are primed, our unions are on board and everybody is there to ensure we are building that prosperity together.
As I said earlier, this is a budget about building. It is about building this country up. It is about building together. It is about ensuring that communities have the support they need, that businesses see the opportunity this country presents and that our workers from coast to coast to coast know that when we are faced with existential threats, the government is able to put forward a program where we are giving not handouts but a hand-up, a hand-up to business, to the private sector, to unions, to Canadians to say that we, in this together, can build the type of country each and every one of us wants to see for our kids.
When we talk about spending less on the things we need to be careful about spending on, and investing more in the things we need to be planning for the future, that is what we mean. We mean making generational investments in the types of things that are going to set this country up for success in the future, while ensuring we are safeguarding who we are today.
I am proud to stand in support of this budget. I look forward to working with all members of the House to ensure we can get this budget passed, so we can go home for Christmas and ensure our constituents can start to see the benefits of this budget immediately instead of going into an election over Christmas.
I want to thank all those who have put the hard work into making this budget come to pass in the way it is. I want to assure my constituents in Vancouver Granville that I will do whatever it takes to ensure this budget gets passed, because this is a budget that is transformative for the residents in my riding, in my community and in my province.