moved for leave to introduce Bill C-240, an act to amend the Income Tax Act (child care expense).
Madam Speaker, I am pleased to table this bill in the House today, which proposes to amend the Income Tax Act to convert the child care expense deduction to a tax credit and to extend the same value of tax benefit to those who provide care in the home to their preschool children.
The bill will also recognize the honourable profession of managing the family home and caring for preschool children and eliminate in part the tax discrimination against families that make the choice to stay together and to provide direct parental care.
The bill represents not only a starting point but I believe a turning point whereby family values return to be a significant priority in this place.
If the family were strong, the deficit would be gone.
(Motions deemed adopted, bill read the first time and printed.)