Francesco Sorbara retweeted
Officially sworn in as the MP for Vaughan-Woodbridge!!

TY to the residents of my riding for entrusting me to be their voice in Ottawa for a third-term. Great to be joined by many friends & family (virtually & in-person) for the swearing-in ceremony. #cdnpoli @YorkRegion
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Francesco Sorbara retweeted
Budget 2026 is about building a stronger and more resilient Canadian economy.

Here's what it means for trade:

🏗️ $187.4M to accelerate major projects
⛏️ $424.4M to renew Canada's Critical Minerals Strategy
đź“„ $55.3M to digitize trade paperwork
🌍 $181.4M to expand Invest in to diversify. This budget gives Canadian businesses the tools to get there faster.
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Francesco Sorbara retweeted
From what I can tell, this is correct and big. So much housing is going to be built in Canada between this and the precon market ripping from GST/HST removal.

New construction of 5–50 units: up to 90% LTV and 50-year amortization, without MLI Select’s affordability, accessibility, or energy-efficiency points.
If I’m reading this right, the Feds are introducing mortgage insurance for new buildings of 5-50 units with up to 90% LTV and 50-year amortizations, without the Everything Bagel Liberalism points required by MLI Select for accessibility, affordability, and energy efficiency.

We don’t yet know where insurance premiums or lending rates will come in, but this is good. canada.ca/en/department-…
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Francesco Sorbara retweeted
From 2015 to 2023 the number of people in poverty in Canada ⬇️ by 928,000

In #Budget2026 @MarkJCarney and @FP_Champagne take steps to reduce poverty by another 375,000 (if all measures made permanent)

Plus end homelessness in 10yrs

That’s huge.

#cdnpoli
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Francesco Sorbara retweeted
Budget 2026 is a budget for builders.

Build Canada welcomes Budget 2026 as the first federal budget in over a decade to recognize and reward entrepreneurship as a key driver of economic growth.

The government has adopted the core elements of tax reforms widely recommended by urs across Canada, while also beginning to take measures to improve competitiveness and government efficiency.

This budget changes the math for founders and early employees. A Canadian who sells a company and starts the next one now has more reason to do it here. That is how a country creates a strong innovation ecosystem and gets a generation of repeat builders to stay and build here.

What we welcome:

1. Measures to incentivize and reward entrepreneurship, including:

> The Canada Growth Incentive, a new tax exemption on up to $15 million in capital gains earned from successful eligible investments for Canadian builders.
> The enhancement of the small business rollover to allow increased deferral of taxes on capital gains when proceeds are reinvested in another Canadian small business.
> The expansion of the SR&ED tax incentive program to include certain commercialisation expenses.

2. Measures to increase competition, including:
> The Cabinet Directive on Regulatory Competitiveness and Red Tape Reduction.
> Efforts to make it easier for consumers to switch providers by expanding data portability rights to additional sectors, including telecommunications and air transportation.
> Strengthening Competition Bureau investigations.

3. Measures to improve government efficiency, including:
> The establishment of Digital Transformation Canada to lead the adoption of AI across the public service.
> The establishment of a Fellowship Program through Build Canada Exchange to recruit outside expertise to support priority projects.
> The Cabinet Directive on Regulatory Competitiveness and Red Tape Reduction to put Canada’s long-term competitiveness at the centre of how federal regulation is developed.
> Efforts to streamline the delivery of federal financing.

What still needs work:

> Public debt. The budget projects a deficit of $65.3 billion for FY 2026-27 and debt-to-GDP of 39.9% rising to 40.1% by 2030-31. Public debt charges are $60.2 billion for FY 2026-27 and will reach $85.5 billion by 2030-31 — more than Ottawa will spend on the Canada Health Transfer and the fastest growing budget line item.

While some may argue there is fiscal room to absorb this, long term interest rates are unpredictable and our fiscal position would be more resilient with a reduced deficit.

> Old Age Security reform. OAS costs are pojected at $89.4 billion this year and still leaves 400,000 seniors in poverty. Moving the recovery threshold to $100,000 of household income would save $15-16 billion a year and end seniors' poverty with $2 billion of it. The budget leaves this untouched.

> More aggressive tax reform. A comprehensive review of the tax system is needed to further identify ways to simplify our tax code for individuals and businesses.
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Francesco Sorbara retweeted
Canada just took a real step toward risk-based capital formation. Federal Budget 2026 introduces the Canada Growth Incentive: a new exemption on up to $15M in capital gains from qualifying investments in Canadian companies, plus an enhanced small business rollover.
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Francesco Sorbara retweeted
We are masters of our destiny.

Budget 2026 is our plan to build a stronger, more united Canada where we are all free to live as we choose.
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Francesco Sorbara retweeted
Budget 2026 present the most comprehensive suite of business incentives in half a century.

At the heart of it, is the new Productivity Mega Deduction, which will boost Canada’s Investment Supercycle.

Over the next 10 years, this should expand Canada’s productivity capacity, by n a year to GDP and supporting up to 80,000 jobs.

We are making for businesses, small and large, to choose, invest and stay in Canada.
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Francesco Sorbara retweeted
This is much better and smarter initiative for growth than another CD Howe Institute tax review that would recommend cutting taxes on profits and increasing sales taxes
#cdnpoli
Canada just took a real step toward risk-based capital formation. Federal Budget 2026 introduces the Canada Growth Incentive: a new exemption on up to $15M in capital gains from qualifying investments in Canadian companies, plus an enhanced small business rollover.
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Francesco Sorbara retweeted
Affordability. Opportunity. Sovereignty.
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Francesco Sorbara retweeted
BREAKING: In an incredible moment after taking back power, Congressman Ted Lieu just announced that Democrats first two priorities will be ending Trump's stupid war in Iran and his insane tariffs. Let's go!
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Francesco Sorbara retweeted
BREAKING:

Italy is finalizing a new military aid package for Ukraine.

It will be presented in the Parliament next week
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Francesco Sorbara retweeted
“Don’t confuse Ms. Le Pen with Ms. Meloni, please,” @MichelBarnier urged.

The Italian PM is pragmatic and pro-business, while Le Pen’s economic platform is “not very different” from that of far-left Jean-Luc Mélenchon, the French lawmaker told us.

#EuropeanPulseSeminar2026
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Francesco Sorbara retweeted
I have been holding my tongue about something that happened during the Ohio gubernatorial race. I refused to speak while the election was underway because I did not want my words mistaken for an attempt to influence anyone’s vote.

But now that the election is over, I have nearly twenty years, my ministry has taken me among the homeless, the abused, the exploited, and the forgotten. I have sat with victims of sexual violence and witnessed the lifelong wounds of childhood trauma.

What Vivek Ramaswamy’s campaign did to Amy Acton was among the most morally repulsive things I have witnessed in American politics.

They took a woman whose stepfather was indicted for raping her when she was twelve years old and featured her mother, from whom she had been estranged for nearly fifty years, in a political advertisement attacking her credibility.

The advertisement challenged Acton’s account of her childhood without mentioning the sexual abuse allegations or the circumstances of that estrangement. When people expressed their horror, the campaign defended it.

Imagine examining another person’s childhood suffering and fractured family relationships, then deciding those wounds might help win an election.

Anyone who has worked with survivors of childhood sexual abuse understands the painful realities of denial, betrayal, shame, and estrangement. A child growing into a successful adult does not erase what happened. Nor does a parent’s denial make that suffering disappear.

I find it equally disturbing that an elderly mother, whom Acton herself described as unwell, was brought into this spectacle. Whatever her own struggles or responsibility for the past, exploiting that fractured relationship was grotesque.

To everyone who defended this, consider the message you sent to survivors. To the young woman whose family refuses to believe her. To the man who has carried the shame of childhood abuse for forty years. To the frightened child who has yet to tell anyone.

What did you teach them about the value of their suffering?

I am a priest. I believe in repentance, forgiveness, and redemption. But none of those things requires me to pretend that deliberate cruelty is anything less than a grave moral failure.

Your political allegiance does not absolve you of moral responsibility. You do not get to set aside your conscience during an election and retrieve it afterward.

If your loyalty requires you to defend the exploitation of a childhood sexual abuse survivor, your loyalty has become an idol. And if your conscience cannot recognize the wrong here, examine what political tribalism has done to it.

This is not about Republicans or Democrats. We have a choice as a people: continue excusing cruelty from our preferred political camp, or summon the courage to condemn it wherever it appears.

Amy Acton deserved better. Every survivor who watched this unfold deserved better.

And God help us if we have reached the point where winning an election matters more than protecting the dignity of a wounded human being.
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Francesco Sorbara retweeted
Time to end this pointless trade war with Canada and LOWER COSTS! 🇺🇸🇨🇦
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Francesco Sorbara retweeted
Breaking in a new pair from Pajar, a Montreal shoemaker and proudly Canadian since 1963.

Let's get to work. Big day ahead for Canadians.
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Francesco Sorbara retweeted
Congratulazioni a @LucaBeccari per il Premio d’Eccellenza LINK. Un meritato riconoscimento della Sua leadership e visione per il futuro di San Marino, e della lunga tradizione della Repubblica di partecipazione democratica, resilienza e prosperità. Apprezza la collaborazione 🇨🇦🇸🇲
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Francesco Sorbara retweeted
The midterm results send a clear message: How we show up in the world affects our lives at home, and Americans understand that. When we alienate allies, appease autocrats, impose arbitrary tariffs, and drive needless conflict, American families pay the price. The Administration’s actions over the last two years have had real consequences for our security, our economy, and our everyday lives. Americans have spoken loud and clear. We should act on the message they're sending.  A good place to start: a diplomatic resolution to President Trump's war of choice with Iran.
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Francesco Sorbara retweeted
My statement on the latest Canada-China trade announcement:
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Francesco Sorbara retweeted
Minister Sidhu announces extension of favourable market access for Canadian canola meal, peas, lobsters and crab through 2028
ow.ly/ffzS106HUrS
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Francesco Sorbara retweeted
Bad policy, bad character make bad politics: erratic tariffs, impulsive Iran war, blanket pardons, apparent corruption, weaponized justice, ICE brutality, mountainous deficits, hiding Epstein, abandoning allies and coddling enemies. Hoping for a course correction, for the country and for my party.
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