Committee
Consult the user guide
For assistance, please contact us
Consult the user guide
For assistance, please contact us
Add search criteria
Results: 136 - 150 of 656
View Peter Julian Profile
NDP (BC)
Thank you very much, Mr. Chair.
My question is very simple. How many companies have engaged in these practices? What is the total amount of what they have received?
View Chrystia Freeland Profile
Lib. (ON)
Thank you very much for the question.
I do want to thank the member opposite for his advocacy for Canadian working families and for Canadian workers. I know that it is a very sincere concern.
Let me say a couple of things about the wage subsidy. The wage subsidy can, by very clear and specific design, only be used to pay employees. That money cannot be used for any other purpose. That is very important for Canadians to know, and that's something that the government needs to be very careful about and is very careful about.
The design of the wage subsidy was to encourage as many companies as possible to keep as many Canadians on the payroll as possible. So far, the wage subsidy has kept almost four million Canadians on the job. It has kept them employed. I think that is very important.
View Peter Julian Profile
NDP (BC)
Thank you, Mr. Chair.
Thank you to our witnesses for being here today.
With the pandemic going on, I hope their loved ones are safe and healthy.
I have a series of questions, and I'd like short answers.
My first question is about companies that received financial assistance during the pandemic and paid out dividends, gave out executive bonuses and bought back shares.
When will that information be made public?
Andrew Marsland
View Andrew Marsland Profile
Andrew Marsland
2020-12-08 17:34
Thank you for the question.
I don't know the answer to that question. The wage subsidy is provided under the provisions of the Income Tax Act, and the act generally prohibits the disclosure of taxpayer information.
There is an exception with relation to the name of those employers who receive the wage subsidy, but it's just the name, just to identify them. That's the way the law stands, and as to when that information is made public, I don't have that information.
View Philip Lawrence Profile
CPC (ON)
Thank you. I appreciate that.
It's more for a report, so the minute should be enough.
Mr. Rochon or maybe Mr. Hamilton, with respect to individuals with outstanding taxes, one of the things that's created in this is the inequality between the tech giants and the small businesses of Main Street. I'm curious to know how many small business owners are now behind in HST remittance, how many are paying interest and penalties and how many small business owners are also late in paying their taxes.
I know you won't know the numbers, but if you could provide me with a report, that would be great.
Bob Hamilton
View Bob Hamilton Profile
Bob Hamilton
2020-12-03 12:07
You're correct that I don't know those numbers, but we'll do the best we can to get you those numbers.
View Randeep Sarai Profile
Lib. (BC)
Thank you, Madam Chair.
Thank you, Minister. I know you've had two challenging foreign concerns that caused you to have trade deals, whether it was the U.S. President asking for a revised NAFTA or Brexit happening in Europe. These were things that caught Canada almost off-guard, but you've been successful in reaching CUSMA and now this interim agreement with Great Britain.
For businesses, SMEs particularly, in my riding of Surrey Centre and the region, and for exporters and Canadian industries that we've heard from, by and large most are very happy and confident in the agreement we've reached. There are a few barriers and some challenges, particularly with agriculture— which has always been a challenge in doing international deals—but by and large, they're pretty happy.
So far they want me to thank you for that. However, after asking several questions of many in the industry and industry leaders, I am concerned that some of the Canadian industries have been slow to take up the benefits of some of these international agreements, particularly CETA, the predecessor to this agreement, in regard to the U.K. They're saying that it's a domestic challenge, not an international challenge, to get industry to be aware of it, to revamp it and to focus on it.
What are you and your ministry, which also deals with small business and enterprise in Canada, doing to raise awareness and know-how on how to take benefits from these agreements and how we can increase Canada's net exports abroad.
View Mary Ng Profile
Lib. (ON)
That's a terrific question.
As I said a little earlier, Canada can tout that we are the only G7 country that has a free trade agreement with every other G7 country. We have access to almost 65% of the world's economy. We have multilateral agreements like CETA, CPTPP or the new NAFTA, along with many bilateral agreements. That's a billion and a half customers in the global marketplace ready-made for our Canadian businesses, but you're absolutely right that we need to do much more work to help our Canadian businesses to understand the benefits of trade for all businesses: small businesses, women-owned businesses, indigenous-owned businesses and businesses owned by racialized Canadians.
There is work to be done. That's probably why I have a title that doesn't fit on a business card. Small business export promotion and international trade is making sure that we have a robust Canada trade tool box. That trade tool box includes the trade commissioner service; the Business Development Bank of Canada, which helps businesses with access to capital; Export Development Canada; the Canadian Commercial Corporation; and Invest in Canada to attract investment to Canada. Absolutely, work needs to be done domestically, including anchoring tools to Canadian businesses to help them become more export-ready and to take advantage of those opportunities in the international marketplace.
The trade accelerator program was an investment that our government made to the.... The organization escapes my mind now that is delivering that for us across the country. These are collaborations. In B.C. it is a partnership with the B.C. government through their export navigator program. This is about building capacity, helping our businesses understand that these customers are there, and then helping them be successful in that domestic scale-up so they can access those opportunities, businesses and customers abroad.
View Randy Hoback Profile
CPC (SK)
Okay, so we have minimal disruption to Canadian businesses. Let's key in on that: minimal disruption to Canadian businesses.
Who are they? Have they been identified? Have they been approached and told there's going to be a problem here for a short period of time until Parliament gets this done? Do you even know who those people are?
View Mary Ng Profile
Lib. (ON)
The answer is yes, I am in constant communication with businesses, as they are with me. It is really important, and I have heard loudly from them how important it is to have and how good it is that this agreement is here so they can continue to have access to the U.K. on those CETA terms. That work continues.
View Pat Kelly Profile
CPC (AB)
Thank you.
To that point, on what date will the post-December 19 details of the wage subsidy be available?
View Mary Ng Profile
Lib. (ON)
The legislation, Bill C-9 of course, has worked its way through getting passed, which is terrific, and it is making its way through the Senate. We will be sure that the information is there for businesses. It's really important that we made those announcements when we did, because businesses were looking for certainty, and in our throne speech, we said that they could count on us to get this important support until the end of summer 2021. Businesses need to plan. They know that the support is going to be there. Rent support will be backdated until September 26, and lending support is there in addition to funding through CEBA—
View Pat Kelly Profile
CPC (AB)
Minister, I agree with you that businesses do need certainty, and they don't have certainty in this bill. This bill doesn't contain the details that businesses can use to plan how to get through to next summer. Again, when do you plan to have the details of the wage subsidy post-December 19 available?
Results: 136 - 150 of 656 | Page: 10 of 44

|<
<
6
7
8
9
10
11
12
13
14
15
>
>|
Export As: XML CSV RSS

For more data options, please see Open Data