Madam Speaker, I will be sharing my time today with the member for Yukon.
Madam Speaker, with this budget the Prime Minister and the finance minister have ushered in a new age of open and inclusive government. We said what we were going to do, we were elected with a strong majority, and with this budget, we delivered.
During the federal election, I developed a local platform based upon our federal platform. I called it my five-point plan for Saint John—Rothesay. With my team, I studied and took the promises of our federal LIberal platform and applied them to my riding of Saint John—Rothesay. I took those promises seriously.
I told my constituents that a Liberal government would tackle head-on the generational poverty that is gripping a large percentage of the city of Saint John through a child benefit that would lift 300,000 children out of poverty through investments and affordable housing and through increased funding for skills training.
I told my constituents that the Liberal Party would make historic investments in infrastructure as a long-term plan to grow our economy.
I told my constituents that a Liberal government would cut income taxes for nine million Canadians as a way of strengthening the middle class.
I told my constituents that a Liberal government would do more for seniors than previous governments, including a 10% increase in the GIS.
I told my constituents a Liberal government would invest in social infrastructure, such as tourist sites and recreation facilities. These types of investments are encouraged by top economists and are widely seen as crucial to growing our local economy.
With its first budget, the Liberal government delivered on its plan to tackle poverty head-on. The Canada child benefit will be a historic $23-billion investment in Canadians who need it the most. This program will help more Canadian families than any other social program since universal health care. Families with children under 18 will start receiving the benefit in July. The size of each cheque will depend upon the family, but nine out of 10 families will get more help than they do under the current existing program. A single mom with one child under the age of six, earning $30,000 a year, will receive an annual benefit of $6,400 tax-free. A family with two children, earning $90,000, will receive $5,650. That is an increase of $2,500 from the previous system the Conservatives put in place.
As the finance ministerstated, that is money in the pockets of moms and dads, money that can go directly toward eating healthier food, paying the rent, and buying new clothes for going back to school.
Coming from the city with the highest rate of child poverty in Canada, I cannot express how happy I am for the priority wards in Saint John, such as ward 3, where one out of every two children lives in poverty.
It takes an important shift in social policy to move the needle on poverty. I believe this historic investment in Canadians will finally move the needle in Saint John. I look forward to seeing how many children we can lift out of poverty in my riding and in all ridings across the nation.
As well, $112 million will be given to anti-homeless initiatives across the country, including in my riding, which is good news to our local shelters and programs.
We would love to see a very successful at home/chez soi program that helps homeless participants get off the street and into a stable home. We would love to see what it can do for those experiencing homelessness in Saint John. We would love to see increased funding to Outflow and Coverdale, our men's and women's homeless shelters, to continue every day to do their excellent work in our community. We need to give these community leaders all the help we can.
For those experiencing unemployment in my riding, I am pleased that wait times for those in EI will be reduced from two weeks to one, making things easier on those who are experiencing financial difficulty. Even better, through labour development agreements and job fund agreements, 175 million additional dollars will go into skills training at places like the Saint John Learning Exchange, where Christina Fowler could use another full-time employee.
This funding will help underemployed and unemployed people in Saint John—Rothesay to get access to valuable job training and support. Giving someone a leg up beats giving them a handout.
The Liberal government has delivered on infrastructure with this budget. This year we will invest $11.9 billion to modernize and rehabilitate public transit, water systems, and waste-water systems, provide affordable housing, and protect infrastructure systems from the effects of climate change. This is good news for my riding of Saint John—Rothesay.
With a commitment of $3.4 billion to maintain and upgrade federal infrastructure assets, New Brunswick now has the opportunity for $61.3 million for federal infrastructure. In addition to that, this plan adds $8.7 million to municipal transit investment for New Brunswick, meaning significant new investment for transit infrastructure in Saint John—Rothesay.
Over the next year, our budget further commits $51.9 million to the continued operation of three ferries in my province.
In Saint John, we have 1,400 people on waiting lists for affordable housing. This is simply unacceptable.
We have many projects that are shovel-ready. As an example, the Rothesay waste water facility has applied for necessary funding, along with the Saint John Field House.
We have developed a green transit initiative that will re-establish recently discontinued transit routes that have been eliminated because of costs. We plan to reopen these routes through a green initiative: propane-powered feeder buses. While the rest of the country is expanding transit, we cannot be moving away from it.
The Liberal government is also investing $3.4 billion over five years to help maintain and upgrade national parks, harbours, federal airports, and border infrastructure, and to support the cleanup of contaminated federal sites across the country. This is particularly good news for Saint John's Partridge Island, an important and neglected historic site on federal land that would be a great boom to the region if it were to become a national park or come under Parks Canada.
This is also great news for our airport, which needs a longer runway.
With around 30,000 households in New Brunswick living in poor housing, we need about 12,000 renter households for people who are spending more than 50% of their income on shelter. Studies show that New Brunswick, specifically Saint John, is suffering from chronic homelessness. This budget addresses these issues head-on with a $2.3 billion investment over the next two years. This will effectively double the investments in the affordable housing initiative, adding $262 million this year alone.
Budget 2016 addresses key areas of affordable housing by investing $100 million a year in seniors' housing, $210 million in affordable rental housing, $90 million in victims' shelters, and $112 million to address homelessness.
Seniors make up a large percent of our population in Saint John—Rothesay and in the province of New Brunswick. We will help the most vulnerable seniors by increasing the guaranteed income supplement for single seniors by up to $947 annually. This enhancement more than doubles the current maximum top-up and represents a 10% increase in maximum benefits, an increase that will improve the financial security of about 900,000 single seniors across Canada.
As we said during the election, we will restore eligibility for old age security and the GIS to 65 years of age. We are also committed to creating a new seniors price index so that old age security and GIS will accommodate rising costs.
Studies consistently show that when there is slack in the economy and interest rates are low, for every dollar a government spends on infrastructure, substantially more than one dollar of economic activity is generated. According to the Federation of Canadian Municipalities, every one dollar spent on infrastructure yields $1.20 in GDP growth.
To conclude, our first budget is a monumental piece of legislation that will kick-start this economy after 10 years of cuts from the Conservative government. Major investments in my riding, including the upgrades to EI, the Canada child benefit, infrastructure, and affordable housing, prove that budget 2016 is working for Canadians and Saint Johners in my riding of Saint John—Rothesay.