Mr. Speaker, I will not contrast a balanced budget that is delivering to every single family in this country from coast to coast to coast with a Liberal plan that is not balanced and not costed and has a $3 billion hole in it. It is a wishy little pre-election document that the Liberals are promising people over just a couple of months. They have had four years to talk in this House about the things that could be done. Now they have brought out a plan that is not balanced and they expect us to contrast it with something that has delivered proven results for Canadians.
I would say this to the member. This budget will go down in history, but it will go down in history for helping families and communities prosper. We propose to increase the tax-free savings account annual contribution to $10,000, and 11 million Canadians have already availed themselves of this important program.
I also want to mention family support. The member spoke about income splitting, which would help families in which one parent is not earning as much money as the other. They can save up to $2,000 on their taxes. Every single family with children will benefit—not some, as would happen under the Liberals' convoluted plan. Every family with children under the age of six would receive $1,920 per year, and every family with children between the ages of six to 17 would receive $720.