Mark Carney
Nepean, Ontario · Liberal · Canada
“Mr. Speaker, yesterday, the opposition leader was at the Calgary International Airport. Yesterday, I was here with other members of Parliament at the installation of the Governor General. [ English ] She said our project is a “common project”.”
“Mr. Speaker, what matters is that people believe in this economy and are moving forward. The Leader of the Opposition does not believe in Canada. This is what is happening. More Canadians are in the workforce than the Americans. More Canadian women are in the workforce than the Americans by seven percentage points.”
“Mr. Speaker, we are in the midst of the biggest transformation of the Canadian economy in decades. We are building a stronger economy, a more resilient economy and a more independent economy, and our plan is taking root. Last week, we just heard that we have created over 88,000 jobs, all full-time, all private sector.”
“Mr. Speaker, we are growing an economy that is stronger, more resilient and more independent. The flash GDP estimate for April is 0.4% growth. I will annualize that to help out the Leader of the Opposition . That is 5% growth.”
“Mr. Speaker, the Bloc Québécois always opposes everything. It is opposed to major investments in culture, including francophone and Quebec culture. It voted against major investment tax credits for the electricity sector in the last budget.”
“Mr. Speaker, it is sad, but it seems to me that the Bloc Québécois has not read the latest budget. It includes more than $750 million for culture: Canadian culture, Quebec culture, francophone culture, including funding for Telefilm Canada, the Canada Media Fund, the National Film Board of Canada, the Canada Council for the Arts, and Radi…”
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“Mr. Speaker, I support my new minister and I do not agree with the Leader of the Opposition, who is against the $4-billion action plan for the French language. He is against investments in Quebec's cultural sector. He is against increasing francophone immigration to Canada. We are standing up for the French language. We are standing up for a great Canada.”
“Mr. Speaker, the government is keeping immigration levels under control. The number of asylum seekers— Some hon. members: Oh, oh! Right Hon. Mark Carney: I would like to continue, Mr. Speaker. The number of asylum seekers has dropped significantly, by one-third. The number of foreign students has also dropped significantly. We will defend the French language with the largest investments in the cultural sector in the history of Canada.”
“Mr. Speaker, that is just more fearmongering. Canada is attracting the best in the world. The best in the world, the best Canadians, all Canadians and all Quebeckers want to build this great country with the government.”
“Mr. Speaker, the Bloc Québécois remains focused on the past, while the government is focusing on the future, taking a confident, bold and ambitious approach for Quebec and Canada. I invite the Bloc to join us.”
“Mr. Speaker, we respect the votes of Quebeckers, who elected 45 Liberal members to this chamber. While the Bloc Québécois tries to stir up trouble, Quebec's Liberal MPs and the Government of Canada are working to build this great country.”
“Mr. Speaker, sometimes the question reveals everything. The memorandum of understanding that we are negotiating with Alberta creates necessary conditions, but not sufficient conditions, because we believe in co-operative federalism. We believe the government of British Columbia has to agree. We believe that first nations right-holders in this country have to agree and support all stakeholders after that. That is one Canada.”
“Mr. Speaker, not for the first time, the Leader of the Opposition needs to check his numbers. The government of Indonesia is reducing tariffs on 95% of Canadian goods. Canada has the best deal with the United States; 85% of our goods are tariff-free. The United Arab Emirates has just confirmed that they want to invest $70 billion in this country. They believe in Canada's future. Why do the members opposite not?”
“Mr. Speaker, this government cares about creating jobs in this country. That is why we proposed a budget before this House that catalyzes $1 trillion of investment over five years. The member opposite and his colleagues, those who could make it into the room, voted against that budget, voted against Canadian workers and voted against Canada's future. We believe in this country, and we are building it strong.”
“Mr. Speaker, on the night of the election, when I had the great honour from my constituents of being elected as a deputy of this House, unlike some others in the Chamber today, I made a promise to Canadians. When I make a mistake, I will admit it. That was a poor choice of words about a serious issue, and the serious issue is the progress we are making structurally: the best deal in the world, the strongest budget in the world and the most new trade deals in the world.”
“Mr. Speaker, since I became Prime Minister, Canada has secured the lowest tariffs of any country in the world. On 85% of our goods, the tariffs are zero. Yes, there are sectors, the auto sector, the steel sector, the lumber sector and the aluminum sector, that are under pressure. We care. We are acting in those sectors. There will be announcements this week of further support.”
“Mr. Speaker, as usual, the Leader of the Opposition needs to check his numbers. The Indonesian government is reducing tariffs on 95% of Canadian goods and services. What is more, the government of the United Arab Emirates is going to invest $70 billion in our country.”
“Mr. Speaker, I would like to thank the hon. member for her advocacy for the Youth Climate Corps, which is in this budget and which the House can vote for, to vote for the future of this country. This budget puts us on the path for real results for climate, for nature and for reconciliation. I can confirm to the House that we will respect our Paris commitments for climate change, and we are determined to achieve them. I can confirm with the House that consistent with our Kunming-Montreal commitments, the nature strategy will be released in the coming weeks. We will build this country strong, sustainable and pure for future generations.”
“Mr. Speaker, by supporting this budget, members could protect transfers for seniors, which total $80 billion. The budget includes major investments in Quebec, including huge investments in the cultural sector and significant transfers for seniors. That is the choice that members will have to make in the House today for Canadians.”
“Mr. Speaker, first of all, the President of the United States returns my calls because I have his phone number, unlike the others. Today, there is an opportunity to invest in Quebec, in the Contrecœur project, in the second Saguenay wharf, in the Matawinie mine, in Hydro-Québec, in the future of Quebec and in the future of Canada, by supporting us.”
“Mr. Speaker, there is an opportunity to stand up and protect Canadians against extortion, against home invasion, against gun crime and against online harm to children. We are putting the legislation in front of the House. The opposition has a chance to support it. We will protect Canadians.”
“Mr. Speaker, again this month, just as it was last month and just as it has been every month while I have been Prime Minister, Canadian wages have grown faster than the rate of inflation. Canadians are getting ahead. We are creating jobs despite the attack on this economy by the Americans and despite the obstruction by the opposition. This is an opportunity to build our country. The vote is today. Stand up and be counted.”
“Mr. Speaker, the rate of inflation is down. Job creation is up. Ambition and confidence in this country are sky-high. We believe in Canada. We are investing in Canada. Today is the opportunity for every member of the House to join us.”
“Mr. Speaker, today is a good day. Inflation is down 2.2%. For almost two years, it has been running within the Bank of Canada's target. This is a good month. Unemployment is down again, and jobs are up again. Today is a historic day. The Leader of the Opposition and his colleagues have an opportunity to vote for generational investment to build this economy strong.”
“Mr. Speaker, I have good news. We are creating jobs, and inflation is dropping. The inflation rate has been within the Bank of Canada's target range for almost two years in a row. We are growing the economy, reducing inflation and building Canada's future.”
“Mr. Speaker, budget 2025 is a budget of generational investments. It is a budget that is going to grow our economy. According to the Parliamentary Budget Officer, the current fiscal policy is considered sustainable over the long term.”
“Mr. Speaker, I have good news for Quebec. This budget includes $12 billion in health transfers and $5 billion for health infrastructure. There is $4 billion for Hydro-Québec. There is the port at Contrecœur, the second wharf in Saguenay and $500 million for culture, including Quebec cultural institutions.”
“Mr. Speaker, I am proud of my record in the private sector, but I am deeply honoured to serve Canadians, and we are serving Canadians by building this great country, by investing in homes, by investing in energy, by investing in ports and by investing in our future. We are going to grow this country like not seen before. There is a chance for everyone in this House to stand up and support it.”
“Mr. Speaker, this budget tightens tax fairness. This budget cuts taxes for 22 million Canadians. This budget cuts taxes on new homes for young Canadians starting out. This budget cuts the carbon tax. This budget grows this great country. The member should come with us and support it.”
“Mr. Speaker, this is not the most costly budget, it is the most ambitious budget for Canada. It is more ambitious when it comes to housing for Quebeckers and housing across the country. It is more ambitious for the ports, for clean energy and for the future of Canada. It is a budget for the future of Canada.”
“Mr. Speaker, 75% of the new measures in budget 2025 are for protecting Canada's sovereignty and for making life more affordable for Canadians. That is the first point. The second point is that this is a budget that invests in Canada. It is a budget that builds confidence in Canada. It is a budget that is going to put more than $3,000 in Canadians' pockets.”
“Mr. Speaker, this budget preserves the health transfer to the provinces, over $29 billion. This budget puts $5 billion into health infrastructure. This budget has the lowest net debt-to-GDP in the G7. It has the lowest deficit projected, and the cost of interest borne is lower than when the Conservatives were in government.”
“Mr. Speaker, I will refer to the previous comments of the hon. member for Winnipeg North . This budget is about building this great country, and what this budget shows is that with the trillion dollars of investment that we are going to catalyze, we are going to put more than $3,000 in the pocket of every Canadian by the end of this decade.”
“Mr. Speaker, this budget is a generational investment budget. The pace of investment is twice as high, and this budget will spur $1 trillion in investment by the end of the decade. It is a budget for growth, it is a budget for Quebec, and it is a budget for Canada.”
“Mr. Speaker, I would like to point out that the environment and Hydro‑Québec will be among the greatest beneficiaries of this budget. Finally, with regard to carbon capture, the truth is that Quebec is currently using 350,000 barrels of oil a day. We need to capture the carbon emitted by the production and transfer of these barrels.”
“Mr. Speaker, one of the most important aspects of the budget is the investment tax credits for clean electricity, which represents $4 billion for Quebec, for investment in Quebec. That is one of the main reasons to support this budget.”
“Mr. Speaker, I am sure I join all members of this House in condemning the exploitation of children as the most reprehensible source of crime. That is why this government will be bringing forth legislation to combat these crimes and penalize those who are responsible that works within our Constitution.”
“Mr. Speaker, in the spring, the government removed the divisive consumer carbon tax, and that has a consequence for any business, any farm, that emits less than 50 kilotonnes, which is every farm across this country. The Canadian Climate Institute has done the analysis on the impact of the industrial carbon tax on inflation. It is zero.”
“Mr. Speaker, 75% of the budget's measures are for our sovereignty: to protect our borders, to protect our communities and to protect our way of life. The balance is for affordability, a middle-class tax cut the member opposite missed because he was not here. The budget invests in Canada at twice the rate of any budget during this millennium. We believe in Canada.”
“Mr. Speaker, first of all, the debt burden as a share of GDP is lower now than it was when the Conservative government was in power. Second, we are investing in Canada and protecting transfers to the provinces for health care, education and social services.”
“Mr. Speaker, Canada is in a strong fiscal position. We have the second-lowest deficit in the G7, the lowest net debt in the G7 and a budget that is investing in Canada. On this side of the House, we believe in Canada.”
“Mr. Speaker, there is no “I” in team, but there is an “I” in Conservative. There is a team in the Liberals that can answer these questions. This is what the Liberal team has accomplished: We have the best deal with the Americans of any country. We have the lowest tariff on our automobiles and trucks of any country, but we are not satisfied. That is why we are negotiating a new accord on steel, on aluminum, on energy, and on auto.”
“Mr. Speaker, there is no “I” in team, but apparently there is an “I” in Conservative. There is no team in the Conservatives. There is a team on these benches. The government is in a position with the best accord with the Americans. We have the lowest tariffs on the auto sector— Some hon. members: Oh, oh!”
“Mr. Speaker, I am going to quote independent research of the Canadian Climate Institute, which finds that the net impact of the industrial carbon tax on food prices is, on average, “around zero per cent”.”
“Mr. Speaker, there is a plan and there are initiatives. The Minister of Industry has just announced an initiative that will provide funding for the forestry sector in Quebec and Canada. It is a funding project from the Business Development Bank of Canada. There is also the strategic renewal fund for the forestry sector. It is a thorough and comprehensive plan.”
“Mr. Speaker, we are very disappointed by the situation at Paccar, Stellantis and GM in the automotive sector. We already have the best agreement with the United States. We have the lowest tariffs on cars and trucks. Nevertheless, we continue to work and negotiate with the Americans. We will be there to support the workers at Paccar, as the Minister responsible for Canada-U.S. Trade mentioned.”
“Mr. Speaker, we are putting more dollars in the pockets of hard-working Canadians because we cut taxes for 22 million Canadians. Our focus is on putting even more dollars in the pockets of hard-working Canadians. That is why we will have the most ambitious capital investment program this country has ever seen, the most ambitious homebuilding program this country has ever seen, the biggest investment in defence and in our industrial capacity this country has ever seen, and the biggest and most effective climate competitiveness strategy this country has ever seen.”
“Mr. Speaker, we promised to cut taxes for every Canadian, and 22 million Canadians have had their taxes cut. We promised to cut taxes for first-time homebuyers, and they have been cut. We promised to cut the carbon tax, and it has been cut. You were not here. It has been cut. We promised to build this country strong. On November 4, the House will have a choice. Are you with us for those single mothers? Are you with us for those farmers? Are you with us to build this country strong so they can benefit?”
“Mr. Speaker, it is time, once again, for our economics lesson. Getting ahead means people's wages grow faster than inflation. Let us look at the relationship between inflation and deficits. The food inflation rate in Canada is the G7 average, and we have the lowest deficit in the G7. What the government is going to do is use that deficit to grow this economy as has never been seen before.”
“Mr. Speaker, this budget will get operational spending under control; it will balance our spending over the next three years, but we are not going to stop there. We are going to invest in this country. We are going to have the biggest investment in this country in generations, the largest capital spend in generations and the most ambitious trade diversification in our nation's history. We will do everything to help Canadians get ahead, as they have gotten ahead every single month since I became Prime Minister.”
“Mr. Speaker, as I mentioned earlier, this budget will get our country's operational spending under control for the first time in 10 years. Not only that, but for the 21st consecutive month, Canada's inflation rate is within the 1% to 3% target set by the Bank of Canada. The current rate is 2.4%.”
“Mr. Speaker, this budget will be affordable and bold. It will be affordable in terms of operating expenses. We are going to streamline operating expenses. However, we will be investing in Canada. It will be the largest investment in our country's history.”
“Mr. Speaker, to diversify Canada's economy with reliable partners and partners like Asia and Indonesia, we just entered into a comprehensive agreement with Indonesia. We are in major negotiations with the European Union and all of the Association of Southeast Asian Nations countries. There will also be deals with South American countries.”
“Mr. Speaker, it was difficult to hear the last part of the question but here are some key points regarding where things stand. First, we have the best agreement in the world with the United States. Second, we are in negotiations to ensure that steel and aluminum tariffs are reduced. Third, the tariffs on trucks and automobiles are the lowest in the world.”
“Mr. Speaker, I voted, as did a majority in the House, against a motion to get rid of something that does not actually exist. We are working with the private sector, we are working with the Province of Alberta and we are working with the Americans to unlock great Canadian energy to build this economy strong.”
“Mr. Speaker, Canada has no tariffs on auto parts. Canada has the lowest tariffs on finished goods in the world. We are working towards an agreement that would increase investment in Canada and would increase investment in the United States. However, we will accept only the best agreement for Canada, and the private sector, if we remember that, will make those decisions.”