Mr. Speaker, I am very proud that our budget will provide benefits primarily to low-income families. We will do that in a number of ways.
The family benefit program, of course, will overwhelmingly benefit low- and middle-income Canadians, with two-thirds of the benefits going to them, and 25% to families earning less than $30,000.
The tax-free savings account is a wonderful way for middle-class and lower-income Canadians to save for their kids' education and for their retirement. That is why 11 million Canadians have a TFSA, with the vast majority low- and middle-income earners, and 60% of those who contribute the maximum earn less than $60,000 a year. Therefore, it is amazing that the NDP and the Liberals would take away the TFSA increases, robbing the middle class and seniors of an extra opportunity to save.