Mr. Speaker, through you, I wish to congratulate the member for Nipissing—Timiskaming on his election as Speaker. I am very happy for the member and I know he will do a wonderful job for everyone in the House.
I am pleased to speak during the opening days of the 43rd Parliament to respond to the government's Speech from the Throne.
I would like to begin this speech with a big thank you.
I thank the residents of Vaughan—Woodbridge for placing their faith and trust in me for a second term. The citizens in my riding humbled me with a strong vote of confidence in my ability to represent them, tripling the margin of victory and achieving over 50% of the votes cast that evening. It is a wonderful vote of confidence and I wish to thank them.
The results speak to a lot of hard work and an unwavering commitment to my constituents that I always will represent them to the best of my capability and will always be their strong voice in Ottawa. Whether it is through visiting residents in their homes and listening to their concerns and issues, or always being available to our wonderful seniors, whom I love dearly, or listening to the opinions of the dynamic, entrepreneurial and very successful business community, which over the last five years has created over 60,000 new full-time jobs in the city of Vaughan, I will ensure their voices are always heard.
My team of volunteers, those individuals who canvassed, put up signs, sent positive vibes and made the phone calls that count are an inspiration to me. I say a gracious thanks, merci beaucoup, grazie mille.
My wife, Rose, and my children, Natalia and Eliana, are watching today. I love them so much and thank them every day for much patience and love while I do this remarkable job here in Ottawa.
The Speech from the Throne, in my view, is analogous to a blueprint, a blueprint for a more prosperous and inclusive Canada for all Canadians, a blueprint to move the country forward and ensure that we are facing not only the challenges today, but as important, preparing for the ones that may come tomorrow to this beautiful country we call home.
As MPs we have many duties and fiscal responsibilities to fulfill. I believe the most important responsibility we have as members of Parliament is to advocate for policies to provide Canadians with what I call equality of opportunity. Let me elaborate.
It is the utmost responsibility for every single MP to ensure that every Canadian, every citizen, has the opportunity to fulfill their capacity as individuals. That can only be achieved through one thing and one thing only. We ourselves need to demonstrate leadership, but leadership only comes from when we serve. Every single member of Parliament is a servant. As noted by Martin Luther King, Jr., life's most important question is: What are we doing for others? Writer and businessman Max De Pree said:
The first responsibility of a leader is to define reality. The last is to say thank you. In between the two, the leader must become a servant and a debtor.
It is time for all 338 MPs in this wonderful House in the 43rd session of Parliament to be servants, to listen, to act with humility and to ensure that we build a stronger, more inclusive country for all Canadians from coast to coast to coast, one that leaves a healthy environment as well as a prosperous and optimistic future for our children and all the children across this wonderful country.
The throne speech laid out a number of themes that our government will focus on together working with all parties. These include fighting climate change, reconciliation, making life more affordable while we continue to strengthen the middle class, all much important work. I would like to focus my remaining time on the last theme, about the middle class and strengthening our economy.
Capitalism in the 20th and 21st centuries created enormous wealth across this world. It lifted billions of people out of poverty across this globe and allowed innovation, an exponential increase in agricultural yields, advances in technology, medicine and social innovation to occur. The world is more connected than we ever knew it and who knows what will happen in the years to come, but it is a very exciting future.
We as a government will continue to ensure that our policies are based on the values that we fundamentally believe in and care about in this country and are in place to grow the Canadian economy and create good jobs and an optimistic future for Canadians.
Continuing from our first mandate, we will encourage competition, encourage risk-taking and investment by entrepreneurs. We will give Canadians the skills to respond and adapt to an ever-changing global marketplace. We will provide for tax fairness to put more money in the pockets of Canadian families with that goal that we as a government continue to strengthen the middle class, create a more optimistic future and remain the envy of the world.
We saw the results over the first four years with over one million jobs created, primarily full time in where I like to see them, the private sector. Over 800,000 Canadians were lifted out of poverty including over 200,000 to 300,000 children. Those are real stories across Canada. We can pick a province or pick a city and we will see there are Canadians who benefited directly from the policies that we put in place in our first session.
As we did in 2015, our government will again provide tax relief for millions of Canadians. We did it once and we are going to do it again. A promise made will be a promise kept, with a tax cut aimed at those Canadians who need it the most. All Canadians who earn income, whether it is income earned at work, pension income or even investment income, will see a rise in the basic personal exemption amount. This is something that I argued be put in our platform and it is great to see it there. The amount we earn before paying federal taxes will be increased quicker than would happen naturally, from $12,000 to $15,000, while remaining to be indexed. For taxpayers in Canada who earn approximately $15,000, that will mean $300 more in their pockets to spend on the things they deem to be important. Whether they are saving for their kids' future or paying for everyday necessities, it is their money and we are going to give it back to them. This tax cut will provide over $5 billion annually in tax relief to Canadians.
I am proud to be part of a government that is focused on lowering taxes for middle-class Canadians. I am proud to be part of a government that will provide tax relief to Canadians from coast to coast to coast. The first time, nine million Canadians benefited from our tax reduction of approximately $20 billion over five years. Over the next two to three years, we will see $15 billion to $20 billion of tax relief dedicated to those families who need it the most, not the wealthiest 1%, not those earning over $200,000 or $300,000. Average middle-class families in Canada earning $70,000 or $75,000 will see over $600 more in their pockets. That to me is great news.
I am blessed to represent a riding that is defined by dynamic entrepreneurial spirit and a can-do attitude. It is an attitude I see every day in the nearly 12,000 small businesses that are located in the city of Vaughan and the approximately 4,000 that are located in my riding. It is a spirit of asking what they can do for this country rather than the opposite. It is a spirit of hiring and growing our economy, a spirit of getting to work and making things happen. These business owners and entrepreneurs have my utmost respect. Their success is not due to luck but due to hard work and perseverance.
Some of the most successful entrepreneurs and private enterprises in this country are in my riding. I know first-hand that we must focus on policies that encourage investment, but also provide for what I call inclusive growth, which is when growth occurs, all Canadians benefit.
That has been the focus of our government from the beginning. It is a focus on returning money to Canadians through our middle-class tax cuts, a focus on the Canada child benefit, where eight or nine out of 10 families in Canada were made better off. In my riding, every month, $5 million arrives tax-free to the families in my riding, helping almost 18,000 children and over 10,000 families. That is real change. That is the change that Canadians elected us on in our first mandate.
In this session, I am glad to see in our platform further adjustments to the Canada child benefit that will help families not just in my riding but, more importantly, from coast to coast to coast. We will continue lifting children out of poverty. We will continue creating those good, full-time jobs in the private sector that we saw in our first four years. In fact, for the last 12 months, starting in November 2018 to today, almost 300,000 new full-time jobs have been created in Canada. We still have one of the lowest unemployment rates in the world, depending on how we want to use the measurements. However, if we compare apples to apples, we are among the lowest.
I spent over two decades working in global financial markets. I grew up in a small town and worked at a pulp mill, a grain elevator and McDonald's, which was one of my first jobs, I know the value of hard work. Hard work is what defines this country. It is what defines the constituents in my riding. That is why we as a government will continue to listen to the hard-working Canadians from coast to coast to coast. We will continue to put in place policies that grow our economy.
I see some of my colleagues from the opposition parties who reside in the beautiful province of Alberta. We will make sure the TMX pipeline gets built. It is being built. This will bring our resources to new markets and make sure we are capturing that full price and lower that differential between oil prices which has hampered the economy of Alberta for the last several years. We need to make sure we get full price for our products and our resources.
I look forward to working with all my colleagues from all parties, in the 43rd Parliament.
One of my hallmarks of the 42nd Parliament was to reach out to individuals from other parties, to say hi, to become friends with them and get to know them. If many of us in this House do that, we will see a much more congenial place and a nicer attitude. I see some smiles across the aisle.
Mr. Speaker, through you, I would like to say good morning and bonjour à tous. I would also like to say a special good morning to my kids, and tell them to stay strong, that daddy loves them and he will see them soon.
With that, I look forward to questions and comments.