Mr. Speaker, it is great to work with my hon. colleague from London North Centre and be on the same side of the aisle with him.
The Canada child benefit has had a profound impact on families and our economy, to the point where it actually boosted GDP in a year. The approach we took was to send cheques to the families that need them the most. It is kind of an interesting approach, when one thinks about it. We thought we should the cheques not to millionaires, but to the families that need them the most.
Yes, it is means-tested. For those who make over $200,000, it will be diminished. For someone like myself and my family, we do not receive it any more, but we are fine. It is for Canadian families who are working hard to make combined family incomes of $70,000, $75,000, or $80,000, who have one, two, or three children at home. I have two daughters at home, and I know how much it costs. It will help families. It is going to be tax-free. At the end of the year, those with higher incomes will not get a bunch of tax back, because that does not make sense. That was bad policy under the prior government. We fixed it, and we are proud of that.