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Results: 31 - 60 of 889
View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-06-14 12:29 [p.8321]
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Madam Speaker, I have to say that this budget is not about any political party. It is about precisely the people the member for London—Fanshawe has just spoken about so passionately. This budget is about giving Canadians the support they so urgently need to finish the fight against COVID and have a robust recovery. It extends the income supports to the end of September. It increases the OAS for Canadians over age 75. It will build a universal early learning and child care system across the country. That is what my constituents and the people of London—Fanshawe need.
Let us pass this budget, and let Canada get back to work.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-06-14 12:31 [p.8321]
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Madam Speaker, let me emphasize that we have already debated this legislation for 22 hours in the House. There have been 160 speakers. We debated it for 40 hours at committee. There were 132 witnesses there.
The member for Nanaimo—Ladysmith asked about an election. Our government does not want an election. We know that Canadians want and expect all of us to get to work to finish the fight against COVID and support a robust recovery. To have that, they urgently need the supports in this budget. I want to remind members of the House that the support measures run out this month. We have no time left. We need to act.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-06-14 12:33 [p.8321]
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Madam Speaker, I would like to thank the member for Kingston and the Islands for his hard work and excellent question.
The reality is that every budget is important, but this budget is urgently needed. It is going to be the budget that finishes the fight against COVID and supports Canadians in the reopening they have sacrificed so much to achieve. It extends the wage subsidy, rent subsidy and lockdown supports until September 25. It extends the CRB. This budget creates a Canada hiring credit that will help businesses recover and will support them as they bring on new workers. It will establish a federal minimum wage of $15. It will send $5 billion to the provinces to support the vaccine rollout and our health care systems. How can anyone fail to see the urgency and not support this budget that will get Canadians the supports they need?
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-06-14 12:35 [p.8322]
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Madam Speaker, I have a lot of respect for the Bloc Québécois member, but I have to say he is totally wrong about that.
The fact is, our government does not want an election. Our government wants to work for Canadians because we know we are going through a crisis right now. We need to remember that we have spent the past year in a global pandemic and an economic crisis caused by that pandemic.
What our government wants to do now is finish the fight against COVID‑19 and support Canadians as we recover. I hope opposition members will understand that this is the practical, pragmatic work Quebeckers want and need.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-06-14 12:36 [p.8322]
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Madam Speaker, members on the opposition benches have in fact been playing games. That is what we have watched over the past days being done by the Conservatives. They are partisan delaying tactics at a time when Canadians need us to get to work.
I sincerely believe that the member opposite wants to work for her constituents. I do as well. The way to do that is to pass this budget, which, by the way, includes $18 billion to support indigenous people in Canada. They need that support. Let us pass the budget and get it to them.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-06-14 12:38 [p.8322]
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Madam Speaker, what is shocking is the partisan bickering by the Conservatives. They need to realize that the country is watching what they are doing, and it does not have patience for such childish games.
Canada is going through a real crisis today, a global pandemic, and the country needs us to be pragmatic and practical. The country needs support from the federal government, and that is what the budget will provide. I want to reiterate that if this budget does not pass, that support will end in June. That is why we must all set this bickering aside and support the budget.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-06-14 14:17 [p.8332]
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Mr. Speaker, if the Conservatives really care about the Canadian economy, if they really care about Canadian workers and if they really care about Canadian businesses, let me suggest one simple and very practical thing they can do, and that is to support Bill C-30, the budget implementation bill. This essential legislation extends the wage subsidy, rent support and the CRB. We need it to finish the fight against COVID and to punch our way out of the COVID recession. The Conservatives need to support it.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-06-14 14:24 [p.8332]
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Mr. Speaker, let us talk about who is really concerned about supporting Canadian jobs and Canadian businesses, and who, instead, prefers to play partisan games.
Our government is working hard today in the House to pass the budget, which would extend the wage subsidy and rent support, and create a new Canada recovery hiring credit. That is what Canada needs. It is the Conservatives who are blocking it.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-06-14 14:32 [p.8334]
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Mr. Speaker, let me say this. If the NDP truly wants to support Canadian workers, let me suggest one simple thing they can do: support Bill C-30. This budget bill will extend the income supports to the end of September and Canadians desperately need that to happen. It is by supporting Bill C-30 that we can act together to provide Canadian workers with the support they need to finish the fight against COVID.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-06-10 15:56 [p.8236]
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moved:
Motion No. 2
That Bill C-30 be amended by restoring Clause 158 as follows:
158 Subsection 14(1) of the Canadian Securities Regulation Regime Transition Office Act is replaced by the following:
14 (1) The Minister may make direct payments, in an aggregate amount not exceeding $119,500,000, or any greater amount that may be specified in an appropriation Act, to the Transition Office for its use.
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View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, the Canadian airline industry was hard hit by the pandemic, and we are determined to support the thousands of Canadians who work in that industry.
The support for Air Canada comes with clear limits on executive compensation. This is an appropriate and necessary measure.
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View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, I thank my colleague for the question.
I want to note that in negotiating our support for Air Canada, we established clear caps on executive compensation. That is an important and necessary measure.
I also want to note that Air Canada agreed to a measure to ensure that every worker remains at Air Canada.
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View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, the Canadian airline industry was hard hit by the pandemic, and we are determined to support the thousands of Canadians who work in that industry.
The member is mistaken because the reality is that support for Air Canada comes with clear limits on executive compensation. This is an appropriate and necessary measure.
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View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, let me be very clear. The government absolutely believed that limits on executive compensation were a priority in our negotiations with Air Canada. That is why the agreement that we reached with Air Canada includes clear and strict limits on executive compensation. These restrictions will be in place for 12 months after the loans have been repaid. Let me also emphasize that Air Canada has committed to maintain employment at or above April 1 levels.
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View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, the reality is that our government absolutely agrees that it was necessary and it was a priority to include strict limits on executive compensation, including stock options, in our loan agreement with Air Canada. Those restrictions are there, and they will be in place until 12 months after the loans are repaid.
I want to emphasize also, since I know everyone in the House cares about workers, that Air Canada has agreed that employment levels will remain at or above April 1 levels.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-05-31 15:07 [p.7628]
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Mr. Speaker, I would like to thank the member opposite for his hard work and commitment. We agree that now, more than ever, everyone needs to pay their fair share and do their part. That is why, in the budget, we commit to taking action to reducing credit card interchange fees.
We know that small businesses have been among the hardest hit by this pandemic. We know those credit card fees hurt them. That is why we are committed to working to support them.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-05-27 14:29 [p.7497]
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Mr. Speaker, I thank the member for his question.
I want to emphasize that our government agrees that all Canadians must do their part, especially now during the economic crisis caused by COVID-19.
That is why our budget increases taxes on luxury vehicles, on vacant property owned by non-Canadians and non-residents, and on large digital service providers. In addition, our budget includes measures to combat tax evasion.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-05-27 14:30 [p.7497]
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Mr. Speaker, let me just underscore that our government absolutely believes that, particularly now during the pandemic and the economic pain caused by it, everyone in Canada needs to pay their fair share. That is why we are introducing in this budget a luxury tax, we are introducing a tax on digital service providers and we are taking unprecedented steps to fight tax evasion and tax avoidance.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-05-27 14:56 [p.7502]
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Mr. Speaker, when it comes to the tourism industry, our government absolutely understands how essential it is to the Canadian economy and how it was hit particularly hard by COVID. That is why the budget includes $1 billion specifically to support tourism. When it comes to the hiring credit, it has been designed such that it will provide particular support to seasonal businesses such as tourism businesses.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-05-26 19:45 [p.7418]
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Mr. Chair, let me start by quoting someone I respect very much, the former governor of the Bank of Canada, who was appointed by the member's own prime minister, Mr. Stephen Poloz. He pointed out, in testimony to the finance committee last week, that:
A credible fiscal plan in which the level of government debt relative to national income stops rising and debt service costs are manageable meets the....technical—standard of sustainability. I draw your attention to the table on page 328 of the budget, which shows that these criteria are met—
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-05-26 19:45 [p.7418]
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Mr. Chair, let me point to another very credible assessor of Canada's finances, and that is S and P, the rating agency, which recently reaffirmed our AAA rating.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-05-26 19:46 [p.7418]
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Mr. Chair, as the member for Abbotsford knows very well, our budget presents a credible and sustainable plan with the debt-to-GDP ratio falling to 49.2% in fiscal year 2025-26, and the deficit falling to 1.1% in that year.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-05-26 19:47 [p.7418]
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Mr. Chair, I welcome that question, because it allows me to underscore for Canadians that this budget is a significant and serious investment in long-term growth for Canada.
It is an investment in social infrastructure and, for sure, child care and early learning is an important part of that. It also invests in the green transition. It invests in housing. It invests in transit. It invests in small and medium-sized businesses and innovation.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-05-26 19:48 [p.7418]
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Mr. Chair, I would like to ask the member opposite if he agrees with his own prime minister's chosen governor of the Bank of Canada. He spoke, in his testimony to the finance committee, about the value of policies that increase investment, either directly, such as in infrastructure, such as in social infrastructure like child care, and such as in investments to vastly increase investments in carbon capture, for example, which is investment on the green line.
Does the member—
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-05-26 19:51 [p.7419]
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Mr. Chair, I am sorry, but I am afraid I cannot allow the unsubstantiated assertions with which the member opposite began his question to stand. The fact is that this budget invests substantially in increasing Canada's long-term growth potential. It does that through significant investments in labour force participation, with early learning and child care, with the Canada workers benefit. It does it through direct investments in fiscal infrastructure, like transit and housing.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-05-26 19:51 [p.7419]
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Again, Mr. Chair, I cannot allow that unfounded assertion to stand. Let me just say I consider Stephen Poloz to be an outstanding expert and I also have a lot of time for the people at Standard & Poor's who reaffirmed Canada's AAA credit rating and put the outlook as stable.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-05-26 19:52 [p.7419]
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Mr. Chair, I do welcome that question and that is because, particularly as a former foreign minister, I absolutely believe that human rights considerations need to factor into all of Canada's decisions around the world. Let me say that, in particular, when it comes to China, I believe that for our government and, I would say, for all members of this House, the arbitrary detention of Michael Kovrig and Michael Spavor can never be far from our minds.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-05-26 19:53 [p.7419]
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Mr. Chair, I actually believe the member did ask a question about Michael Kovrig and Michael Spavor and that is because I do not think our country can take any decision about our relationship with China without considering the arbitrary detention of those two brave Canadians.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-05-26 19:53 [p.7419]
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Mr. Chair, I do welcome this focus because, as I said, in all of our relations with China, we need to take these arbitrary detentions into account. In fact, at a meeting of the G7 finance ministers, I raised that issue and I am pleased to say there was strong support around the table.
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View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
2021-05-26 19:54 [p.7419]
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Mr. Chair, as I said, I think it is important for us to look at all of our relationships with China through the prism of human rights and always take—
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