Mr. Speaker, Canada can only be strong when our middle class is thriving, something the Conservative government does not understand. The Conservatives' income splitting only helps 15% of Canadians and largely favours those who are better off. Middle-class families have not had a real raise in decades. It is time to change that.
Under the Liberals, a family with two children earning $90,000 a year would get $490 a month under the Canada child benefit. That is $5,875 a year, fully $2,500 more than what the current government is proposing.
Single-parent families do not get anything from the government with income splitting, but under the Liberals, a single-parent family with an income of $30,000 would receive $533 a month tax free.
In addition, the middle-class tax cut would put up to $670 per person every year back into the pockets of middle-class families.
The Liberal plan will restore fairness to our tax system and stimulate the economy by putting—