Mr. Speaker, I thank my colleague, the Chief Government Whip, for his comments and sharing his time.
It is an honour and privilege to rise in the House to talk about economic action plan 2015, a budget that provides a low-tax plan and that will continue to provide jobs, growth and security for all Canadians.
Under the leadership of our Prime Minister, Canadians from coast to coast to coast have seen the creation of over 1.2 million net new, full-time and well-paying private sector jobs since the depths of the great recession. Since being given the clear mandate of responsible spending, job creation and lowering taxes in 2006, our government has delivered on the promise of making life more affordable for all Canadians. Economic action plan 2015 builds on this mandate and ensures that Canadians are the direct recipients of sensible economic measures that will help them save money and improve their everyday lives.
Moreover, this budget also supports the growth and development of job-creating businesses. I am happy to use my time today to outline just a few of the many proposed sensible and effective measures that are going to specifically benefit the lives of all Canadians and businesses while fulfilling our promise of a balanced budget.
This year's budget would build on our low-tax record, with our government proposing measures like the new family tax cut. This tax cut would provide a federal non-refundable tax credit of up to $2,000 for couples with children under 18 years of age. This budget would also provide enhancements to the universal child care benefit by adding an increased benefit of $160 per month for children under six years old or a benefit of $60 a month for children aged six through 17. In fact, when we factor in all of these money-saving measures, this year a two-income family of four would save approximately $6,600 in taxes. That $6,600 in savings would stay in the pockets of Canadian families and allow them to use their hard-earned funds on what matters most to them.