Madam Speaker, affordability is at the forefront of the government's attention. That includes, of course, food affordability, so I am very happy to provide a response.
As I suggested to the previous member, the global landscape is rapidly changing, leaving economies, businesses and workers under a cloud of uncertainty. In response, our new government has focused on what we can control, such as building a stronger economy to make life more affordable for Canadians. We understand that many Canadians are struggling to make ends meet and need immediate support. We can all definitely understand this situation.
This is why we launched the Canada groceries and essentials benefit, which will provide support for more than 12 million Canadians. This new benefit will replace the current GST credit, but it will be much more generous, as I am sure the member can agree.
This will start with a one-time top-up next week on June 5. We will also increase the value of the GST credit by 25% for five years starting in July of this year. This will make a real difference for Canadians who are struggling to make ends meet. Combined, this means that a family of four will receive up to $1,890 this year and about $1,400 a year for the next four years. A single person will receive up to $950 this year and about $700 a year for the next four years. This new benefit will be indexed to inflation. This means that the amounts paid to Canadians will increase each year in line with the rising cost of living.
We have also made the national school food program permanent. This will provide up to 400,000 children with meals at school each year, helping families save an average of $800 annually. These two measures represent real and immediate help.
We are also working on solutions for the long term. The government has announced a series of measures to help bring down costs for Canadians. We have set aside $500 million from the strategic response fund to help businesses address the cost of supply chain disruptions. We are creating a $150-million food security fund under the existing regional tariff response initiative for small and medium-sized enterprises.
Our plan also includes immediate expensing for greenhouse buildings to lower the cost of food production. In addition, we are providing $20 million to the local food infrastructure fund to support food banks and other national, regional and local organizations to deliver more nutritious food to families in need. We are also going to develop a national food security strategy that would strengthen domestic food production and improve access to affordable food, including measures to encourage unit price labelling and support for the work of the Competition Bureau.
Our government remains focused on empowering Canadians by lowering costs, making groceries and other essentials more affordable and expanding opportunity. We have announced a series of new measures to help Canadians make ends meet, and we will continue to remain focused on affordability measures.