Mr. Speaker, under our family tax cut, all families with children will receive more money in their pockets, which is where it belongs. The vast majority will go to low- and middle-income families. A single parent with two children earning $30,000 would receive over $1,500 per year, a single parent with two kids making $50,000 would see over $900 in relief and benefits, and a two-income family with kids whose mom earns $48,000 and dad earns $12,000 would receive a benefit of over $1,100. That is a whopping 36% of their federal tax bill.
Our plan also includes increasing the universal child care benefit so that parents will soon receive a benefit of $160 per month for each child under six.
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.