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STATEMENT ON THE TWENTY-NINTH REPORT OF NATIONAL FINANCE COMMITTEE ON BILL C-74

Honourable senators,

I rise on this occasion to put on record my concerns about Bill C-74, the budget implementation act, 2018, and to speak to this report.

This bill implemented provisions of the budget tabled in Parliament last February, as well as a few new provisions that were not included in the original budget. I’m deeply concerned about this bill, which was unexpectedly rushed through the Senate during Routine Proceedings. While Canadians from coast to coast to coast are preparing to celebrate Canada Day and the summer holidays, economic uncertainty and stress seem to be on the rise. More than ever, with the strained NAFTA negotiations and the looming trade war with our largest trading partner south of the border, Canadian business owners need the government’s support and assurances to be able to keep their businesses afloat, let alone keep their current employees working through this difficult time. Unfortunately, this 559 page omnibus bill does provide relief, but places more tax burden on the shoulders of hard-working Canadians.

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