Mr. Speaker, I do withdraw that word and would replace it with “misleading”, as they are misleading Canadians through the many comments we have heard in the House.
We know that Canadians want results. They want leadership that builds and not one that just continues to blame consistently. While Conservatives spend their time talking down Canada and Canadians, our government will continue to focus on building with discipline, direction and delivery.
We are strengthening an economy that is already the most stable in the G7 and positioning it for the next generation of growth. We are investing in Canadians. We are investing in their ideas. We are investing in their skills and in the industries that will carry this country forward. We are investing in clean energy, electric vehicles, advanced manufacturing, and the copper and critical minerals that power the world. These are not abstract plans. They are the backbone of Canada's economy.
While the Conservatives keep criticizing, we keep building a strong economy. We are going to deliver results for families, workers and communities across the country. We are preparing ourselves and preparing our nation for the future with the same ambition as the generations that built Canada.
We know that times are tough right now. Canadians have told us that. Bills are high, housing is tight and groceries are costly. This is when Canadians need leadership. It means that we have to show up with solutions and not slogans. It means that we have to serve Canadians. We have to pass bills in the House and not just talk down to Canadians. That is exactly what this side of the House is doing.
Let us take a look at the facts. Canada has the lowest net debt-to-GDP ratio in the G7. We have a AAA credit rating from every major agency. Inflation has stayed within target for over a year. These are not just talking points, these are real measures and real results.
I am sure Conservatives will talk about inflation, but what they forget to tell Canadians, every single time they bring it up in the House, is that inflation is something that has plagued the whole world in the last number of years.
We have good news. On November 4, the Minister of Finance and National Revenue will table a budget, a plan to grow the economy, to boost productivity and to restore long-term prosperity. It will focus on the fundamentals, which are housing, infrastructure and skills. It will build partnerships that attract private investments across every region of Canada.
Since the new government took place, we have been putting money back into Canadians' pockets. We know that the middle class tax cut is helping 22 million Canadians keep more of what they earn. For a two-income family, that is up to $840 next year. It is real help and not political fodder.
We are also tackling housing head on through Build Canada Homes. We are fast tracking affordable prefabricated homes on federal lands. This will help young families get into the market and create skilled trade jobs, unlocking a whole new generation of Canadian builders. By removing the GST on new homes for first-time homebuyers, we are saving families up to $50,000 and making ownership a reality for many young people.
Every house built will be a dream come true, a job created and a community growing ever stronger. That is what building Canada is all about.
Our plan is rooted in fiscal discipline and economic realism. We are spending less and investing smarter. We are capping the size of government, cutting duplication and using technology to deliver better services. Every single dollar must deliver value. That is called fiscal discipline with purpose.
Meanwhile, the Conservatives cannot pick a lane. One week they promise cuts everywhere; the next they say they will invest. They voted against the dental care plan, pharmacare, affordable housing, clean energy projects and families and children in this country, even in their own ridings. When they say they stand with workers but oppose pension reforms that would fund new industries right here at home, they are misleading Canadians. That is not leadership. That is politics for politics' sake. Canadians can see the difference and made their choice in April. This is the moment that the Conservatives can come together and support the government to rebuild Canada's economic strength for the long haul.
Budget 2025 will set the foundation for a new industrial strategy, one that secures our energy future, rebuilds our supply chains and attracts the kind of investment that turns local opportunity into national growth. That is what the Conservatives are being given an opportunity to do, and I really hope they will take the opportunity to invest in Canadians and support budget 2025.
We are moving forward with short-term fixes to long-term building, from dependence on a single market to resilience in global trade, from uncertainty to steady growth.
We are going to build an economy that works for everyone, an economy based on discipline, innovation and Canadian pride. In fact, Canada's real strength is its people, its ambition and its ability to deliver results.
This is about building a strong nation. It is about building the future for young people. It is about imagining what Canada could look like when we invest in children, young people and seniors, and when we work together, the government and opposition parties. When Canadians voted on April 28, they sent us here to do exactly that, and we have to meet the moment.
While Conservatives continue to chase headlines, this government will continue to focus on real results. We will continue to build an economy that works for all Canadians, an economy powered by Canadian talent, industry and ambition. We are building a Canada that simply works for the middle class, the next generation and every region across this nation. That is leadership and what leadership looks like.