The Budget
Date: 2023_04_17
Chamber: HOUSE OF COMMONS
Mr. Randeep Sarai: I will be sharing my time with the member for Milton . I am proud to rise in the House of Commons today to speak on budget 2023, our government's plan to build a stronger, more sustainable and more secure Canadian economy for everyone. Budget 2023 is a made-in-Canada plan that builds a stronger middle class, an affordable economy and a healthy future from coast to coast to coast. Canadians have demonstrated their strength and resilience over the last few years as global economies have moved towards recovering from the COVID recession. In Canada, we have seen 830,000 more Canadians employed than before the pandemic, unemployment near a record low and a record 85.7% labour force participation rate for Canadian women, which has been supported by our Canada-wide system of affordable early learning and child care. In budget 2023, our government is responding to global economic challenges by delivering new targeted inflation relief to the Canadians who need it most, strengthening our universal public health care system, rolling out a new Canadian dental care plan for millions of Canadians and making transformative investments to build Canada's clean economy and create good middle-class jobs across Canada. We understand and recognize the importance of investing in affordable housing, which is why our government is committed to ensuring that every Canadian has a safe and affordable place to call home. I have met with my constituents in Surrey Centre, who expressed their concerns with the rising costs of housing and the barriers to being a first-time homeowner. To confront these barriers our government has announced significant investments and support for the reallocation of funding, which will amplify the construction of new affordable homes for the Canadians who need it most. To support our communities' most vulnerable and those experiencing homelessness, budget 2023 will deliver over $500 million to achieve our goal of ending chronic homelessness through Reaching Home, Canada's homelessness strategy. In budget 2022, our government committed to introducing a tax-free first home savings account; the implementation of this plan would provide prospective first-time home buyers the ability to save $40,000 with the benefit of a tax deductible. Budget 2023 has delivered on this commitment, and we are happy to announce that as of April 1, financial institutions are now able to start offering the tax-free first home savings account to Canadians. In fact, I was in the elevator today, and I saw the first ads going up for this first-time home savings account for Canadians. In addition to affordable housing, the rising costs at the grocery store have affected many Canadians. The increased prices on essential goods have caused many to go without. Budget 2023 is committed to providing new, targeted inflation relief to the Canadians experiencing food insecurity. Budget 2023 proposes to introduce a one-time grocery rebate, providing $2.5 billion in targeted inflation relief for 11 million low- and modest-income Canadians and families. The grocery rebate will provide eligible couples with two children with up to an extra $467, single Canadians without children with up to $234 and seniors with up to $225. COVID-19 created and exacerbated challenges for Canada's health care system. We recognize that many Canadians do not have a family doctor and that health care workers are still recovering from their tireless efforts during the pandemic. We recognize how crucial our universal health care system is for the well-being of Canadians and the importance of supporting provinces and territories in delivering better health care results, regardless of where people live. Budget 2023 delivers the government's plan to provide an additional $198.3 billion over 10 years, including $46.2 billion in new funding for provinces and territories. We believe that all Canadians deserve access to health care services. However, we recognize that many rural and remote communities lack access to primary health care because of a shortage of health professionals. Our government addressed this shortage in budget 2022, announcing a 50% increase to the maximum amount of forgivable Canada student loans for doctors and nurses working in underserved rural or remote communities. This year, our government has proposed $45.9 million over four years, with $11.7 million ongoing to expand this program to more rural communities. Our government is committed to retaining doctors from coast to coast to coast so that every Canadian has access to primary health care. In 2021, it was my personal promise to the people of Surrey Centre that I would advocate and push to have a Simon Fraser University primary care medical school for Surrey, for the purposes of primary care, rural medicine and indigenous care. I am proud to say that it is moving ahead, with the provincial government already committing $6 million. It is expected to open and take in its first students in 2026, and in short order after that, have a full school thereafter. An important component of our health is access to dental care. However, many children go without these critical services because of the cost. The Canada dental benefit is now providing eligible parents with direct, upfront, tax-free payments to cover the costs of dental care for their children under the age of 12. To date, our government has supported more than 240,000 children across Canada, who are now able to go to the dentist. In budget 2023, we plan to expand this program to children 18 and under, seniors 65 and older and those suffering with disabilities. We plan to deliver a transformative investment of $13 billion over five years and provide $4.4 billion ongoing to implement the Canadian dental care plan. This plan would provide dental coverage for uninsured Canadians with an annual family income of less than $90,000. Immigration has historically reunited families and contributed to the Canadian economy, and it continues to do so. The global pandemic changed how we could process immigration requests. Canadians and newcomers were forced to experience unacceptable wait times. To address this, our government has adopted new technologies, streamlined processing and made significant new investments, including $135 million in 2022-23 to address immigration application backlogs. In doing so, 5.2 million applications for permanent residence, temporary residence and citizenship were processed in 2022. Our government committed to implementing these new technologies to move more key services online, including confirmation of permanent residence status, introducing online citizenship testing and ceremonies. Our government recognizes that the cost of living has affected all Canadians and that students pursuing an education need support. Budget 2023 proposes to enhance student financial assistance starting August 1, 2023. This proposal includes increasing Canada student grants by 40%, which could provide up to $4,200 for full-time students; raising the interest-free Canada student loan limit; and waiving the requirement for mature students to undergo credit screening in order to qualify for federal student loans. Budget 2023 would make life more affordable, provide improved health care services for all Canadians from coast to coast to coast, provide targeted funding for students and workers, and encourage investments in the green energy economy.