Mr. Speaker, I am very pleased and honoured to rise today in the House to speak to Bill C-4, the budget implementation act.
Over the past number of months and through the summer, I spent a lot of time going door to door, meeting with constituents at events and hearing their thoughts, suggestions, advice, and support. I have also taken the time to talk about our many budgetary accomplishments in 2013.
As has been stated by representatives and leaders around the world, Canada has shown exceptional leadership at a time when many countries are facing fiscal challenges, and Canadians are benefiting from the work of this government.
Our government has focused on using its budgetary means to reduce taxes and support Canadian families. Since we have been in government, we have introduced the tax-free savings account; made reductions to personal income tax; reduced the GST; created new target measures, such as the first-time homebuyers tax credit; and created the universal child care benefit and tax credits for children participating in fitness and arts programs, measures that are aimed at reducing the financial pressure faced by Canadian families.
Tax credits and benefits are not the only manner in which our government is helping Canadians manage with the prices of products. Even though the Canadian dollar has been strengthened in the past few years and has been strong, Canadians are still paying more than people in the U.S. for the exact same goods; in response, the economic action plan 2013 would help to eliminate tariffs to reduce the cost of many goods, and this is expected to represent about $76 million in annual tariff relief for Canadian families.
As a parent of two children and grandfather of three, I understand how important these programs are in helping middle-class families provide for their children and live comfortably.
Frequently while door-knocking these past few months, I was greeted by seniors. They often asked why I was there. I was pleased to tell them that I wanted them to hear from me, but also that I was pleased to share with them what we are doing as a government to help our seniors and our veterans.
It is an honour to thank seniors for their many contributions in building the Canada we have today. At the very least, we as government should provide our seniors with programs and tax relief that allow them to plan and live comfortably in their older stages of life.
Our family caregiver tax credit, pension splitting, and expanded tax relief for home care services are a few examples of measures we have introduced to help seniors.
Since 2006, over $2.7 billion in annual tax relief has been provided to seniors and pensioners because of our programs.
In less than two weeks, Canadians will be gathering in their communities to remember the bravery and sacrifice of our veterans and our current Canadian military. I look forward to joining the Royal Canadian Legion Branch 582 in my riding to participate in its annual Remembrance Day ceremony and parade. It is truly an honour for me.
In addition, the government is proud to honour the dedication and sacrifice of those Canadians who serve this country. A total investment of $1.9 billion over the next seven years will be made to ensure that disabled, ill, and aging veterans and their families are receiving the support they need to retire and live in dignity.
There have been over 30,000 projects accomplished to build and enhance infrastructure across the country. These projects created jobs for Canadians and will facilitate growth and prosperity for many years to come.
Since 2006, our government has made several important and impactful investments in my community in Mississauga. I will give a few examples.
In the GTA, the lack of transit investment continues to be a problem for residents. The residents of Mississauga will benefit from the completion of the $14 million in improvements to the Clarkson GO Station. The upgrades have made commuting easier for the more than 5,500 people who use the station every day.
We have invested $15.6 million in the new Sheridan College campus, right in downtown Mississauga across from City Hall. It is a wonderful facility.
Another example is the $35 million investment in the University of Toronto Mississauga Campus.
As well, over the last year thousands of residents have gathered at the new city Celebration Square, where our government invested $13.3 million. Since I have been there to mark the completion of the project, I have visited the square several times for community celebrations. This project has really contributed to the spirit of the community in downtown Mississauga.
Furthermore, many residents have been impressed by investments in the redevelopment of Burnhamthorpe branch library, where our government invested $5.5 million.
As Mississauga continues to grow, it is important to recognize existing infrastructure that needs maintenance in order to keep up with the growing interest of individuals and families in settling here. Across the city, over $12.3 million was invested in replacing old water mains. These repairs were necessary to accommodate the great future we have envisioned for the city.
We did not stop there. Our government's mandate has always been focused on our economy and job growth.
To meet the labour shortages in specific industries and to assist the thousands of Canadians who have had a difficult time finding employment, we have made it a priority to invest in skills and training for Canadians by introducing the Canada job grant.
The grant is a combination of federal, provincial, and employer funding to help Canadians get the skills they need for in-demand jobs. Once fully implemented, this grant would help nearly 130,000 Canadians to obtain training in institutions such as community colleges and trade union training centres each year.
To assist small businesses, which contribute to the economic vitality of municipalities, our government has reduced the small business tax rate, lowered the federal corporate income tax rate, and extended the hiring credit for small businesses. An estimated 560,000 employers would benefit from this measure, which is expected to save small businesses about $225 million this year. These steps will help encourage small business growth in Canada.
Let us not forget our young people. Our federal government has acted to help them gain work experience by supporting more internships, valued at about $70 million. To encourage new ideas, about $18 million was allocated to the Canadian Youth Business Foundation to support young entrepreneurs between the ages of 18 and 34. Even though life is not easy for a post-graduate, I can reassure them that our government recognizes this, is acting to provide assistance, and will continue to do so.
By implementing Canada's economic action plan, Canada has experienced one of the best economic performances among the G7 countries, both during the global recession and throughout the recovery. As I stated earlier, we are recognized by leaders around the world for having the courage to take the much-needed measures to deal with these economic challenges. In the past two years, we have already cut the deficit by more than half.
Canada's budget is exemplary. We recognize the needs that are faced by Canadians and have found a way to be fiscally responsible to protect our families, seniors, and youth.
I would like to encourage all opposition members to vote in favour of Bill C-4, move it forward, and continue to focus on what matters to Canadians: creating jobs, growing the economy, and securing Canada's long-term prosperity.