Mr. Speaker, budget 2025 is about meeting the moment and building Canada strong. It is a plan rooted in confidence: confidence in our people, in our innovators and in Canada's ability to lead through change. At a time when the world is shifting, with new trade barriers, global uncertainty and the race to harness technologies such as artificial intelligence, Canada is acting with purpose.
This budget invests to protect our sovereignty, supercharge our productivity and empower Canadians to get ahead. It is about spending less to invest more in housing Canadians can afford, in building the infrastructure of the next generation, in clean energy and in creating the high-value jobs of tomorrow.
For the communities I represent, Kanata, Carp, Bells Corners and Stittsville, this means accelerating innovation in semiconductors, photonics and AI, and supporting our skilled trades and small businesses, ensuring that the opportunities of the economy are built right here at home.
At the heart of the budget are families and the youth of my community. With budget 2025, we are cutting taxes for the middle class, saving the average two-income family about $840 a year. We have cancelled the consumer carbon price, lowering gas prices by about 18¢ a litre. We are making the national school food program permanent, helping 400,000 kids get a healthy meal at school and saving families up to $800 a year. We are continuing to invest in child care, saving families in my community over $10,000 a year per child.
We are also launching automatic federal benefits so up to 5.5 million low-income Canadians will get the supports they deserve without extra paperwork. For young people, the budget is a game-changer. We are creating 175,000 job placements to help young Canadians gain the skills and experience they need to succeed in high-growth industries of tomorrow, such as technology, clean energy and digital innovation.
These opportunities will ensure that the next generation of Canadians has the tools it needs to help shape the future. For the communities I represent in Kanata, Carp, Bells Corners and Stittsville, that means more opportunities for young people and more money staying in families' pockets. Whether it is fuelling the car for hockey practice, paying the mortgage or putting healthy meals on the table, the budget makes life more affordable, more predictable and more fair for Canadian families.
Budget 2025 is about building Canada's future economy, one powered by innovation, research and the incredible talent we have in Kanata, Carp, Bells Corners and Stittsville. The budget invests to supercharge productivity and innovation, introducing the new productivity superdeduction to help companies invest in new technologies and to strengthen the SR&ED tax incentive that fuels R and D.
The budget also makes major commitments in artificial intelligence, semiconductors and photonics, including supporting the Canadian Photonics Fabrication Centre right here in Ottawa, ensuring that we have sovereign semiconductor fabrication capability, world-class research, and manufacturing that stays in Canada.
These investments mean more high-paying jobs, stronger small businesses and new opportunities for our talented engineers, scientists and entrepreneurs. In Kanata North, Canada's largest technology park, the budget builds on our strengths, helping local innovators compete globally while creating the careers of tomorrow right here at home.
Strong communities are the foundation of a strong Canada, and budget 2025 delivers with the new build community strong fund. This landmark $51-billion investment over 10 years would help municipalities build the infrastructure that Canadians rely on every day.
For Kanata, Carp, Bells Corners and Stittsville, this means upgrades to local roads and transit connections, expanded recreation and community facilities, and stronger flood and stormwater protection for our growing community. This is about giving local leaders the tools to shape their future, building healthy, connected and resilient communities where families can thrive and where every investment helps make our community and our country Canada strong.
Affordable housing is one of the greatest challenges we face, and budget 2025 takes bold action to address it. Through Build Canada Homes, we are launching the most ambitious housing plan in a generation by investing $25 billion to double the pace of construction, cut red tape and attract private investment. We are also eliminating the GST on new homes under $1 million for first-time homebuyers and training the next generation of Canadian builders through expanded programs for the skilled trades.
In Kanata, Carp, Bells Corners and Stittsville, these measures mean more attainable homes for young families, more work for local builders and tradespeople, and more vibrant, complete communities. Whether it is for a first home, a rental or a place to age, this budget is about restoring the Canadian dream of a house that is affordable, available and built right here at home.
Budget 2025 delivers a generational investment in Canada's security, and that means generational opportunities for Ottawa's defence and technology industries. With a historic $30-billion investment over five years to rebuild, rearm and reinvest in the Canadian Armed Forces, our budget would ensure that Canada meets NATO's 2% target this year, five years ahead of schedule, while strengthening our domestic defence industrial base.
We are creating a new defence investment agency and launching the defence industrial strategy that puts Canadian companies first. That means growing local supply chains, expanding production capacity and supporting made-in-Canada innovations, from advanced sensors to cybersecurity, AI-enabled systems and secure communications.
For my communities of Kanata, Carp, Bells Corners and Stittsville, where defence innovation is part of our DNA, this will mean new contracts, new jobs and new partnerships for companies developing the technologies to keep Canadians safe. From the engineers designing next-generation command systems to the skilled trades supporting our bases and equipment, Ottawa is ready to lead. It is not just an investment in defence; it is also an investment in our people, our technology and our place in the world.
Budget 2025 is about leading with confidence and with discipline. It is a plan that balances ambition with responsibility, because Canadians expect their government to be a careful steward of their hard-earned tax dollars. This budget introduces a new approach: spending less to invest more. We are slowing the growth of government operations, cutting red tape and focusing every dollar on priorities that grow our economy, such as housing, innovation and clean energy.
We are maintaining Canada's lowest net debt-to-GDP ratio in the G7. We are also introducing a capital budgeting framework to clearly separate day-to-day spending from long-term investments that build our country's strengths.
Budget 2025 is more than a fiscal plan; it is a nation-building blueprint for a stronger, more confident Canada. It is about protecting what we value, building where we need and empowering every Canadian to help shape our future.
In Kanata, Carp, Bells Corners and Stittsville, we see what that future looks like: innovators pushing the boundaries of technology, families working hard to build a life, and communities coming together to create opportunity. This budget invests in them: in affordable homes, good jobs, clean energy and the next generation of Canadian ingenuity.