Mr. Speaker, it is great to rise this afternoon in this most honourable House and see many of my colleagues here today fighting and debating for their constituents. Earlier this week, I had the chance to rise and speak about a similar type of motion presented by the official opposition party. Let me simply start by saying this. Canada is the best country in the world, in my humble opinion. I am so delighted to be raising three daughters in Vaughan and to be fighting for them day in and day out.
I will be splitting my time with the hon. member for Kingston in the Islands, my dear colleague and friend. The hon. member mentioned earlier that his mother came from Italy some 50-odd years ago. My father here came via Australia first, and my mother directly through Pier 21. It was a fascinating story. She took the train from Halifax all the way to Prince Rupert, from one end of the country to another, and brought us to a promised land. Canada chose us. Canada chose my parents, and I am so happy that Canada did and gave us this opportunity.
Canada is the best country in the world, not by accident. Yes, it is a work in progress, but Canada is the best country in the world because we do what is right. We take care of the most vulnerable citizens. We allow those who wish to create wealth and generate jobs to do so. We are blessed with bountiful natural resources and human capital. Peace, order and good government is our mantra. We have delivered for Canadians. I think of the Canada child benefit, a monthly tax-free benefit that goes to 15,000 families in my riding. I think of the Canada dental care plan, and how 7,200 residents, the majority of whom are seniors, are now receiving affordable and accessible dental care thanks to the Canadian dental care plan in my riding of Vaughan—Woodbridge.
I think of the early learning and national day care plan, something that all economists, right, left, centre, say is a great thing for female participation in the labour force and for affordability. It is a win for the economy, for families and for affordability. It is reducing costs. An average family in Ontario right now is seeing almost a 53% reduction in their child care costs and is saving nearly $10,000 in after-tax savings. That is real money in the pockets of my residents.
We put in place the Canada workers benefit that is helping lift literally hundreds of thousands of working Canadians out of poverty so that they can pay rent and afford groceries. We are helping Canadians. Canadians, including those in my riding, have gone through a lot. We went through COVID, a global pandemic. Our government was there with the CERB, the wage subsidy and rent subsidy. We helped businesses. We helped Canadians, because it is the Canadian thing to do.
I know my hon. colleague on the opposite side mentioned earlier that when we first came into power, we had to remove two of the most anti-union, anti-worker bills, Bill C-525 and Bill C-377. We removed those bills because we support Canadian workers. We have never been a chameleon when it comes to that. We have always stood beside Canadian workers of all stripes, in all industries and in all careers.
On seniors, we were the government that returned the age of retirement for eligibility for old age security and the guaranteed income supplement to 65 from 67. If that had been fully implemented, that would have cost retirees, at about $780 a month, times 12, by two years, over $15,000. Someone went off to Davos, Switzerland, and announced that they were going to be changing the retirement system, arbitrarily, with no consultation and no studies, and said that this was going to be right for Canadians. They themselves benefit from a very generous pension system, much like the official opposition leader does, who, by age 31 or 32, from what I have read, receives a beautiful pension and benefits. It is incredible.
We think about our economy, the investments our government has made in partnering with electric vehicle manufacturers, including Honda, Stellantis and Volkswagen. Those are real investments creating real jobs in Ontario and across this country.
I think about the partnership with the steel industry, having the steel industry workers' backs, the aluminum workers in Quebec, in Kitimat, in Trail. We have their backs and we have always had their backs.
We are not johnny-come-latelies to a party, like some of my hon. colleagues. I think of the investments in artificial intelligence and the things that are happening. Our support for Ukraine is undeniable. One does not flinch and one does not stop when dealing with a dictator, and we are dealing with one. One does not say they do not like the price on carbon so they are not going to vote for a free trade agreement with Ukraine. It is shameful.
Let us talk some matters. We had to respond to the Inflation Reduction Act in the United States and also to the European green deal. We responded with a number of tax credits and investment tax credits that have been put in place to help grow our economy and keep us competitive. That is what real leadership is about.
We all know that Canadians love their homes. Homes are not just people's greatest investments but are also places where we create memories with our family. I have three daughters, aged 13, 11 and three; and a beautiful wife who supports me in this endeavour. A person's home is their home, and we know that Canadians love to purchase a home. It is maybe not for everyone, but most Canadians want to be homeowners.
Changes have been taking place in the mortgage market. The mortgage industry has applauded the change by the OSFI, the removal of the stress test on non-insured mortgages. There was an announcement last week by the Deputy Prime Minister regarding a homebuyers' bill of rights and a renters' bill of rights. The mortgage cap is going from $1 million to $1.5 million. There is also 30-year amortization, which is in line with the OECD countries for first-time homebuyers. There are new builds: green builds and all other new builds. These are real changes.
I was happy to announce in the city of Vaughan $59 million through the fund we established to accelerate building, and it has been put to use. I have already made an announcement with the mayor of Vaughan. It is happening; houses are being built.