Mr. Speaker, the Canada I think most of us envision is one that is prosperous, socially just and environmentally healthy. The motion on the floor of the House today, in a sometimes roundabout way, touches on a number of these themes. However, there is an additional theme it touches on as well, perhaps unwittingly, which is the importance of truth in our political discourse.
Given the economic focus of so many parts of the motion, it is important we examine its contents in the economic context we find ourselves today. It is important we start by acknowledging that over these past few years, things have actually been going very well for the Canadian economy. We know that since 2015, the Canadian economy has added over 800,000 jobs, primarily private sector full-time jobs. We also know that unemployment is at a historic low, the lowest in over 40 years, since we began tracking that data.
However, it is not enough to simply acknowledge the economy might be doing well. We have to ensure we take steps that make the economy work for everyone. In particular, we need to make sure the economy is working in a way that makes life more affordable for Canadian families struggling to make ends meet. This has been a focus of our government from the very beginning.
In particular, we can point to the fact that we know Canadian families today are, on average, about $2,000 better off than they were at the time of the last federal election. There are a number of reasons this is the case. First and foremost, we have introduced certain social policies that put more money in the pockets of ordinary Canadian families. If we look at the Canada child benefit, this is a program putting more money in the pockets of nine out of 10 Canadian families. To date, it has lifted over 300,000 Canadian children out of poverty. In the area I represent, it helps about 11,000 kids every month. The average benefit for families who qualify for this program is about $6,800. That is $48 million a year coming to the communities in my constituency and making life more affordable for Canadians.
While it is all well and good to be pointing out these statistics, which are meaningful, it is extremely important we remember there are human beings behind every one of these statistics. I remember a conversation with a single mom I bumped into in the town of Stellarton, who told me that she was able to afford a new outfit for her kids for the first day of school for the first time after she started receiving the Canada child benefit. She said that every year in September it was an embarrassing time of year for her because she never felt she could afford to put clothes on her kids' backs. These are the stories that will stick with me, as a representative, for the rest of my life.
I have talked to other families who have said that they have been able to enrol their kids in swimming lessons. I have spoken to other families who have said that they are trying hard to put healthier food on the table. These are positive social outcomes. It does not matter which party one represents, we can acknowledge that when families like this are better off then they are well served by government policies.
We can look at policies like the Canada workers benefit, which can put up to $500 more in the pockets of people who are working hard but unable to get ahead. We can look at policies like the tax cut on the middle class, which raised taxes on the wealthiest 1% of Canadian income earners and made life a little more affordable for the rest of us.
On a number of occasions, the motion before the House today suggests that life has somehow become less affordable under this government. Nothing could be further from the truth. It is not just these measures I can point to that demonstrate that life is actually becoming less expensive for Canadian families. If we look at the point in the motion that refers to the Canada pension plan, seniors are better off today than they were three years ago, and that is for a number of reasons.
We have rolled back the age of eligibility for old age security from age 67, under the previous government, to age 65. We have boosted the guaranteed income supplement, which helps low-income single seniors, some of the most vulnerable members of our communities, who can now receive up to $947 extra dollars a year as a result of this policy change. When it comes to the Canada pension plan, it is helping the generation currently working today have a more secure and dignified retirement when they finish their careers.
When it comes to students, which I know are referenced in the motion as well, we have made certain changes to previously existing boutique tax credits, but we have reprofiled benefits for students so that low-income students can afford to go to school. We have done this by increasing the Canada student grants program by 50%.
We have also made it more affordable on the back end of students' education so they do would not have to start repaying Canada student loans until they were earning at least $25,000. Coming from the province of Nova Scotia where so many young people get educated and have to move away, knowing they will have this relief on the back end of their education from one of our many universities or colleges will encourage more people to stay in the communities where they came from or where they gained an education.
The thing that is perhaps most disappointing is that each of the measures I just listed, that make life more affordable for Canadians could not earn the support of the Conservative Party of Canada. On the one hand, the Conservatives criticize us for making life more expensive. However, at each and every turn, when we put forward policies that are designed to improve the quality of life and affordability of life for Canadian families, they vote against those measures.
I note that the Conservatives have suggested in the motion as well that somehow small businesses are worse off as a result of the policies our government has introduced. This is completely false. I note in particular that as January 1, the small business tax rate has come from 11% to 9%. Put simply, nine is a smaller number than 11, and small businesses are saving money as a result of this policy change. A small business that is able to take full advantage of the small business tax cut can save up to $7,500 in an ordinary year.
However, it is not just the lower tax rate from which small businesses are benefiting. We have new trade deals with the European Union, the United States and with countries around the Pacific Rim as well. These are creating opportunities for small businesses to export their products and to hire more people in Canadian communities.
If we look at the measures that were announced in the fall economic statement this year, we are investing in measures that help businesses create jobs rather than just allowing a single person who might own all the shares in a company to become wealthier.
We are allowing businesses to achieve tax incentives if they invest in things like new equipment or new buildings that are going to help increase their productivity. I note as well that we have boosted investment at regional development agencies in Atlantic Canada, such as ACOA, that will help diversify our regional economy and create jobs.
Again, when we had a motion on the floor last year to increase support for Atlantic Canadian business growth, every Conservative member of Parliament voted against that measure. I do not want to beat a dead horse here, but we have extra investments in innovation and in infrastructure that are leading to projects in my riding, like the highway twinning between Sutherlands River and Antigonish, the creation of a new institute of government and centre for innovation on campus at one of my alma maters, St. FX University, and a new Pictou Campus trades innovation centre for the skilled trades in our community. Investments in infrastructure are putting people to work for local small businesses.
I have a specific interest in one particular part of the motion, given my role as Parliamentary Secretary to the Minister of Environment. Subsection (h) of today's motion suggests that the cost of our environmental policy could go as high as $5,000 in the future. These numbers are just being picked out of the air. The Conservatives' strategy when it comes to the environment seems to be to trick Canadians and not take action on climate change.
Realistically, I assume the vast majority of us in the House can agree that climate change is a serious problem. If we can agree that it is a serious problem, and not all of us do agree on that, we can turn the debate to what steps we should implement to solve that problem rather than throw our hands up in the air, saying that this is not good enough, that we are not going to contribute anything to the debate.
In my opinion, we have a responsibility and an obligation not only to take action, but to identify the most effective measures. Canadians, by and large, know how serious the threat of climate change is. It was outlined in significant detail in the recent report of the Intergovernmental Panel on Climate Change to the United Nations. We are staring down the barrel of a serious problem and it is incumbent on all of us in the House to take action to do something about that problem.
Our plan, despite the singular focus of the opposition on our plan to put a price on pollution, contains many different elements that will help us achieve meaningful climate emissions reductions in order to prevent catastrophic damage to our communities.
What a lot of Canadians do not realize is that we are putting forward policies that are going to ensure that by 2030, 90% of our electricity will be generated by renewable resources. We are making the largest investment in public transit to encourage more commuters to take mass transit to work rather than their own vehicles so they can minimize their own carbon footprint. We are phasing out coal by 2030, which is more than 30 years in advance of the schedule under the previous government.
The great thing about investing in these different kinds of programs is that this leads not only to a solution to a problem we are dealing with, but to an extraordinary, once-in-a-generation economic opportunity.
When I look at our plan to make investments in energy efficiency, I see that jobs are already being created in the communities I represent. I have talked about them a few times in the House. However, I will bring up the example once more of the Trinity group of companies, based out of Pictou County, Nova Scotia.
It was started by a couple of guys who were good craftsmen. They were able to do home repairs. It was just two people in the beginning. However, when they started to benefit from government programs that invested in energy efficiency, they realized there was a market to not only bring down our country's emissions, but save ordinary Canadians money on their home heating bills each year. This was done by replacing old windows with more energy efficient ones, installing smart thermostats and taking other efficiency measures.
They are able to help bring down the cost of living for ordinary Canadians. They are able to take part in the global fight against climate change. Importantly, they are able to create jobs. There are dozens of employees working at home for this business now, making life more affordable and reducing our emissions at the same time.
However, this is not the only example that stands out. We can look at CarbonCure, which is in the member for Dartmouth—Cole Harbour's riding. It has discovered a way to strengthen concrete by sequestering carbon out of the atmosphere.
There are some incredible technological developments going on. By investing in the green economy, we are able to achieve economic growth by being on the front end of a very important economic wave.
Of course, the policies I have referred to are not the entirety of our plan to combat climate change. Yes, our plan does include putting a price on pollution. Now that I have more than the 35 seconds allowed every day in question period, I am happy to make an attempt to explain it so more people can understand what is actually going on.
When we acknowledged climate change was a problem and when we acknowledged that we had to do something about it, we went through a process. We asked experts who had been studying climate economics and science for their entire careers about the best and most effective path forward. We learned that the single best tool we had to reduce emissions was to put a price on pollution, while maintaining the affordability of life, which I know is a real concern for so many of the people I represent. People will change their behaviour and we will bring emissions down over time and the revenue collected from the price on pollution will be returned to families to ensure that at the end of each year, they are left better off. This plan puts more money in the pockets of Canadians and brings emissions down.
Members do not have to take my word for it. They can talk to last year's Nobel Prize winner in economics, Professor William Nordhaus. He was awarded the Nobel Prize for his discovery that the method I just described was the most effective way to bring climate emissions down. When asked where we could look for models to implement the system, he pointed to the system in British Columbia.
This is a bipartisan idea. Stephen Harper's former director of policy is advocating for our plan. Preston Manning, who I think everyone in the House would recognize as a household name, is advocating to put a price on pollution. Even members of Doug Ford's team in Ontario testified before Parliament just a few years ago that the single most effective tool we had for transition to a low-carbon economy was to put a price on pollution.
A number of notable people on both sides of the political spectrum in the United States recently signed a letter, including chairs of the Federal Reserve and chairs of the economic advisory council to the President, saying this was the best opportunity we had to achieve meaningful emissions reductions.
It is important we talk about facts that we can agree on, rather than lobbying numbers in the air to trick Canadians about how expensive this plan will be, so we can debate the merit of ideas. If members of the opposition have ideas about how we can reduce our emissions, I will listen to them. If they are more effective than our plan, I will approach that conversation in good faith.
However, the response we have seen to date regarding our plan to price pollution and make life more affordable has been to spread misinformation about the cost. This is not a helpful contribution to the debate. It is perhaps the most important public policy debate we will have in my lifetime.
Many of us here are parents. We want to ensure our kids have a healthy environment to grow up in and to experience, as we did.
We also want to ensure that we capitalize on the $23 trillion opportunity, according to the governor of the Bank of England, Mark Carney. We have to take advantage of these opportunities. If we are not one of the first to market, we will miss the boat. It is the only way forward and it is the responsible way forward to meaningfully approach the threat posed by climate change.
However, I have good news. We are going to achieve social cost savings by making these kinds of investments. The cost of inaction is far greater than the cost of taking action. We are already paying the price if we look at municipal property taxes. I was speaking with a representative of the Insurance Bureau of Canada today. He indicated we were paying more today as a result of climate change and our failure to take action over the previous decades.
If we look at the big bond rating agencies, they are going to make it more expensive by downgrading the credit rating of municipalities that do not have a climate plan. They are going to make it more expensive to build, for example, flood mitigation infrastructure. They are going to make it harder to borrow money to deal with climate change on the back end if municipalities do not have an effective plan to combat climate change on the front end.
We recognize that we are already paying the costs. By 2030, I believe the estimate is that we are going to be paying about $5 billion to deal with the results of climate change, such as floods, wildfires and hurricanes.
It is important to make one final point during my remarks today. One of the themes that runs through each of the sub-points made in today's motion is the fact there are a lot of half truths and omissions that the Conservatives have used to try to drive home the point that life has somehow become less affordable. At the beginning of my remarks, I established that it was simply not true.
This assertion that 81% of middle-income Canadians are seeing higher taxes is false. The next point, that the average income tax increase for middle-income families is $840, is also false. There are allegations in here that we are trying to discount employee benefits and dental benefits. That is not happening. The Conservatives are suggesting that the price of our environmental plan is going to be $5,000 per family.
All pieces of information are false. The entire strategy of the Conservatives seems to be to throw information out there that is completely false in the hope that Canadians grab onto it and are scared to embrace a responsible plan that is creating jobs, reducing our pollution and helping ordinary families get by.
At a time in our global political discourse when we are seeing certain movements around the world rely on false information in the hope they can grab lightening and have some sort of populist movement is greatly disappointing.
As well, at certain times when the media calls out some of the falsehoods being peddled, there are attacks on it. We are operating in a post-truth era of politics and it is greatly disappointing.
While, in my opinion, the motion is inaccurate and somewhat ridiculous, it is disappointing to me that the strategy to earn the support of Canadians is to trick them into believing things like life being more expensive or plans being ineffective. If we are going to have a debate about ideas, it is essential that we rely on facts, not these half truths in order to deceive folks.
I want the people who are watching at home to pay attention to politics. We have the opportunity and a platform here to do serious good, to make life more affordable for Canadians, to improve our environmental protections and to grow our economy. If they watch closely, they will see that there are members, probably of all parties, who take liberties with the facts. However, there is something going on that we all need to be diligent toward, and that is ensuring the debates we have here are based on science, facts and evidence, not ideology and misinformation. Therefore, if they are watching and they see something they do not like, I encourage them to get engaged. If people are not going to take steps to move forward on the things they care about, nobody else is going to.
I am thankful for the opportunity to stand and debate the motion today. I care so strongly about making life more affordable for the folks I represent, for protecting our environment and ensuring we create economic growth opportunities so people in places like Pictou County, Antigonish and the eastern shore of Nova Scotia have an opportunity to make a living or to stay at home if they choose.