Mr. Speaker, under our family tax cut plan, all families with children will receive more money in their pockets, where it belongs.
Low and middle-income families will receive two-thirds of the overall benefits to spend on their priorities. For example, Sandra has a two-income household with her husband John. She earns $96,000 a year. John makes $24,000 a year. Because of the Prime Minister's announcement, through the family tax credit, Sandra and John will earn an additional $3,000 in tax relief.
Our Conservative government is fulfilling its promise to balance the federal budget, and we are proud to be in a position to fulfill our promise to help Canadian families balance theirs.