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46 - 60 of 1564
Add a filter on Hansard - 107
Hansard - 107
2021-05-31
Paul Manly - 15:07
Lib. (ON)
Hon. Chrystia Freeland (University—Rosedale)
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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Banks and banking
Credit cards
Interchange fees
Oral questions
Small and medium-sized enterprises
Mark Gerretsen - 15:08
Add a filter on Hansard - 105
Hansard - 105
2021-05-27
Jagmeet Singh - 14:28
Lib. (ON)
Hon. Chrystia Freeland (University—Rosedale)
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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Banks and banking
COVID-19
Fees
Oral questions
Pandemic
Jagmeet Singh - 14:30
Lib. (ON)
Hon. Chrystia Freeland (University—Rosedale)
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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Banks and banking
COVID-19
Fees
Oral questions
Pandemic
Richard Martel - 14:31
Tony Baldinelli - 14:56
Lib. (ON)
Hon. Chrystia Freeland (University—Rosedale)
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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Canada Emergency Wage Subsidy
Companies
COVID-19
Living standards, incomes and wages
Oral questions
Pandemic
Tourism
Blake Richards - 14:57
Add a filter on Hansard - 104
Hansard - 104
2021-05-26
Hon. Ed Fast - 19:44
Lib. (ON)
Hon. Chrystia Freeland (University—Rosedale)
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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Balanced budget
Consideration in a Committee of the Whole
Department of Finance
Main estimates 2021-2022
Bruce Stanton - 19:45
Hon. Ed Fast - 19:45
Lib. (ON)
Hon. Chrystia Freeland (University—Rosedale)
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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Balanced budget
Consideration in a Committee of the Whole
Department of Finance
Main estimates 2021-2022
Hon. Ed Fast - 19:46
Lib. (ON)
Hon. Chrystia Freeland (University—Rosedale)
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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Balanced budget
Consideration in a Committee of the Whole
Department of Finance
Main estimates 2021-2022
Hon. Ed Fast - 19:46
Lib. (ON)
Hon. Chrystia Freeland (University—Rosedale)
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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Consideration in a Committee of the Whole
Department of Finance
Economic prosperity
Economic recovery
Main estimates 2021-2022
Hon. Ed Fast - 19:47
Lib. (ON)
Hon. Chrystia Freeland (University—Rosedale)
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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Consideration in a Committee of the Whole
Department of Finance
Economic prosperity
Main estimates 2021-2022
Kelly McCauley - 19:48
Hon. Ed Fast - 19:50
Lib. (ON)
Hon. Chrystia Freeland (University—Rosedale)
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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Asian Infrastructure Investment Bank
Consideration in a Committee of the Whole
Department of Finance
Infrastructure
Main estimates 2021-2022
Hon. Ed Fast - 19:51
Lib. (ON)
Hon. Chrystia Freeland (University—Rosedale)
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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Asian Infrastructure Investment Bank
Consideration in a Committee of the Whole
Department of Finance
Infrastructure
Main estimates 2021-2022
Hon. Ed Fast - 19:52
Lib. (ON)
Hon. Chrystia Freeland (University—Rosedale)
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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Asian Infrastructure Investment Bank
Consideration in a Committee of the Whole
Department of Finance
Infrastructure
Main estimates 2021-2022
Hon. Ed Fast - 19:53
Lib. (ON)
Hon. Chrystia Freeland (University—Rosedale)
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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Asian Infrastructure Investment Bank
Civil and human rights
Consideration in a Committee of the Whole
Department of Finance
Infrastructure
Main estimates 2021-2022
Hon. Ed Fast - 19:53
Lib. (ON)
Hon. Chrystia Freeland (University—Rosedale)
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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Asian Infrastructure Investment Bank
Consideration in a Committee of the Whole
Department of Finance
Infrastructure
Main estimates 2021-2022
Hon. Ed Fast - 19:54
Lib. (ON)
Hon. Chrystia Freeland (University—Rosedale)
2021-05-26 19:54 [p.7419]
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...More
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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Asian Infrastructure Investment Bank
Consideration in a Committee of the Whole
Department of Finance
Infrastructure
Main estimates 2021-2022
Bruce Stanton - 19:54
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