Our government is relentlessly focused on delivering for Canadians—on building more homes faster, on stabilizing prices, and on creating great careers.
Once passed, Bill C-56 will allow for the removal of the GST on the construction of new apartment buildings so that more rental housing gets built, faster.
That is why it was so important for me this morning to introduce—as our government’s first piece of legislation for this fall—the Affordable Housing and Groceries Act.
At a time when labour shortages are constraining industrialized economies around the world—and at a time when labour shortages are also contributing to inflation around the world—supply side solutions like affordable early learning and child care are more important than ever.
As we begin a new school year, I’d like to take a moment to thank all the child care workers and educators across Canada who work so hard to give our kids the best possible start in life.
When our government first announced our plan to make high quality, affordable child care a reality across Canada, it was welcomed by a lot of people — but to be honest there was also a lot of skepticism.And that skepticism was justifiable, because Canadian politicians had been making promises — for nearly five decades — to establish a national system of early learning and child care.
What we are saying with these tax credits, and what we are saying to businesses and investors is: if you want to take advantage of the maximum benefit of these generous credits, you need to pay your employees the prevailing union wage. You need to create apprenticeship opportunities.
I really appreciated learning about the work you are doing to produce the lowest emission natural gas in the world. We talked a bit about how some of the natural gas produced here is helping our allies in Europe and given the Russian invasion of Ukraine, that is really meaningful for me. I know that gives a lot of meaning to you and the work you are doing.
Inflation in Canada is today lower than in every single other G7 country. It’s lower than in the U.S. at 3 per cent, lower than France at 4.5 per cent, lower than Germany at 6.4 per cent, lower than Italy at 6.4 per cent, lower than the United Kingdom at 8.7 per cent. It is even lower than Japan at 3.2 per cent.