Madam Speaker, I know that all my hon. colleagues in the House are very excited for question period to begin so I will just say a few remarks and then turn it back to you.
As many of us in the House know, the early learning and national child care agreement has come into application across the country. I know my family is quite blessed in many ways. The impact for us is a positive one. Our little one, who is 13 months old, just started day care this week. We received notification about the fees for that day care, which has been in existence for about 30 years.
First, I want to give a shout-out to all the early childhood educators taking care of kids across the country. I would also like to give a shout-out to our government. This accord is so transformational for families across the country.
We are very blessed as a family and we can cover our fees without issue, but the fees have gone down 25% and there will be a further 25% reduction. For families across Canada, these reductions in child care fees and the after-tax savings for families is because of the child care agreement that our government negotiated with all provinces and territories. This is transformational for families and it is transformational for our economy, participation rates and so forth. I wish to applaud the government. I am very proud that our government was able to sign these agreements.