Mr. Speaker, I am pleased to address the House today on this bill that is very important for all Canadians.
This is especially important for those who sent us to the House to represent them. As we just came back from the break, we have had the opportunity to chat with many constituents who have spoken to us about the state of what we all know, the state of where finances are for Canadians. Many Canadians are looking for opportunities to be able to afford to put food on their table, to put their kids in child care and to afford dental care and many other needs that they have.
It is a privilege and an honour to lend my voice to support Bill C-19, the Canada groceries and essentials benefit act, which is an important priority for our government. We were elected with the promise that we were going to do our best to bring costs down for Canadians. We want to create new opportunities for Canadians across the country.
That is why the first thing we did was cancel the divisive consumer carbon price as of last April, directly helping Canadians save money at the pump. It is also why we delivered three major tax cuts and supercharged homebuilding to increase supply and lower housing costs. We also introduced the automatic federal benefits so that millions of Canadians can receive the support they qualify for. Of the many things we have done as a government, I think this is a game-changer. We know there are so many families that are not receiving the supports they need because they either are not able to file or have not been in the right spaces to learn how to file their taxes. We have seen an increase in Canadians receiving the supports they need because of this.
Last week, the Prime Minister announced the new Canada groceries and essentials benefit, which we know would help more than 12 million low- and modest-income Canadians to afford their day-to-day essentials. I hope the colleagues who were heckling a little while ago will also help us pass this legislation and not just heckle it, and that they will help us pass the legislation as soon as possible, to be able to deliver these supports and make life more affordable for Canadians.
This new benefit will replace the current GST credit, but it will be much more generous. For one, the credit will increase by 25% for five years, starting in July 2026.
Second, we will add a payment this year that will be equivalent to a 50% increase in the current benefit.
As global prices continue to surge, the increase will be considerable and will make a real difference for Canadians struggling to put food on their tables. This measure would particularly target low and modest incomes. Again, this is what Canadians were talking about on the campaign. This is what Canadians continue to talk about now. As the world changes, we see the different needs that Canadians have. We have to be a government that can step up and support Canadians and meet them at their point of need.
I want to take this opportunity to mention that I am splitting my time with my colleague the member for Winnipeg North.
Right now, a senior living alone who is eligible for the GST credit could receive a maximum of $543 for 2026 and 2027. That same person would get approximately $950 in total from the one-time payment in the 2026-27 benefit year. Thanks to the changes that we are proposing, this is real money that would go into the pockets of Canadians to help them.
For a couple with two children, the amount will increase from about $1,086 to $1,890. That is approximately $800 more going into Canadians' pockets. I am a parent. We know how much $800 can make a difference for parents, for single parents, for many parents across Canada. This new benefit will be indexed to inflation, meaning that the amounts paid to Canadians will increase each year in line with the rising cost of living.
We are not going to stop there. Our government has also announced a suite of measures to tackle food insecurity, to support producers and to strengthen supply chains across Canada over the mid and long term. Last September, we also launched a new strategic response fund to help sectors impacted by tariffs, and we have committed $500 million from this fund to help food businesses expand their capacity so that they can strengthen Canada's food supply for the future.
We have also committed $150 million under the regional tariff response initiative to specifically help small and medium-sized businesses in the food sector, as well as the organizations that support them. We will allow food growers to fully write off the cost of new greenhouses immediately, allowing them to free up the capital they need to expand production, which will also translate into lower prices and better food security for all Canadians.
The Prime Minister also announced $20 million in funding to enable food banks and other local, regional and national organizations to provide more nutritious food to families in need.
We are currently developing a national food security strategy to address the root causes of food insecurity. This strategy will help strengthen national food production and improve access to nutritious food in a way that is very affordable.
This strategy would also include measures to implement unit price labelling and support the work of the Competition Bureau in monitoring and enforcing competition in the market, including food supply chains. We are doing this because we promised it to Canadians. This is what I said earlier. We went to the electorate and said that this is what we were going to do as a government. We are going to work together to find every single measure we can find to make life more affordable. Canadians have been impacted by COVID-19, the tariff war that we are experiencing right now and many other factors that are external. We need a government that is able to meet the moment and make sure that we are responding to Canadians' needs.
This new legislation would build on significant action to lower costs for Canadians and protect essential programs. Our middle-class tax cut would save money for 20 million Canadians. We are going to eliminate the GST for first-time homebuyers on new homes costing up to $1 million. We are taking action to help Canadians keep more money in their pockets, and that is what families across Canada need right now. What is more is that we removed the consumer carbon price as of last April, which we know is helping reduce fuel costs in most provinces and territories, including lowering prices at the gas pump.
Our middle-class tax cut alone will save two-income families up to $840 this year. In the future, it is expected to save Canadians more than $27 billion in taxes over five years. As I said earlier, most of this tax relief will go to people whose incomes fall in the two lowest tax brackets. We are eliminating the GST for first-time homebuyers on new homes up to $1 million and reducing the GST for first-time homebuyers on new homes between $1 million and $1.5 million. We will also enable first-time homebuyers to save up to $50,000.
We tabled budget 2025, which was the Canada strong budget. Budget 2025 proposes making the national food program permanent for Canadian families. This is something that has been well received across Canada. This program helps 400,000 more children each year receive healthy meals in their schools, and participating families with two children will save $800 on groceries. The budget also proposes to start automatically delivering federal benefits to low-income Canadians through the Canada Revenue Agency. We will continue to ensure that the federal benefits to which they are entitled, including those they may not be aware of, are also received through these measures that we have put forward.
I see that my time is coming to an end. I am not able to finish my speech, but I am happy to answer and take questions in the House.
However, one thing I want to say before I end my speech is that all of us came to the House because Canadians asked us to respond to their needs. We told Canadians that we were going to make life more affordable. Even Canadians who live in Conservative ridings want to see us remove the obstruction. They want to see us move forward in making life more affordable for all Canadians, so I hope that my colleagues are going to do exactly this, that they are not going to stand in the way, that they are not going to obstruct and that they are going to support us in making sure that we can respond to what Canadians sent us here to do in April 2025.