Mr. Speaker, it is indeed an honour and a pleasure for me to stand in this great place and talk about the budget in economic action plan 2014.
When I joined and became a part of this House, times were good. In those times, we took the good times and the surpluses and we paid down the debt.
I come from a rural municipality called Lambton—Kent—Middlesex. My largest urban area is made up of 14,000 people. The next one, at the other end of the riding, has somewhere around 12,500. This means that Lambton—Kent—Middlesex is made up of small towns and small businesses, dominated by agriculture.
One of the things I know about the businesses in the riding of Lambton—Kent—Middlesex is that small businesses go into debt from time to time. I also know from experience, coming from a small business myself, that when we have debt, we work and build a business plan around it so that we can pay the deficit down to get that debt under control. That way, there is money left to spend on our families, to grow our businesses, and to be part of the community.
Today, it is again my pleasure to rise to speak on budget 2014, which takes the same principles that were here when I had the honour of being elected to this place in 2006. Now, we are here in 2014, getting ourselves back to the position that we were in. We will get there in another year.
Having a surplus and our deficit paid down would come with great joy to me, the businesspeople, the communities, and the families in my riding. When the time of a surplus comes, we will take some of that money and pay down our debt once again. Budget 2014 would have many benefits for the people of Lambton—Kent—Middlesex this year.
When we look at how business stands, we look at how a country stands. This year, Canada went from sixth place to second place in the ranking that now says that this is the second-best place in the world to do business. That does not just happen because somebody says that we have a good budget or because we have come out of the recession stronger than anyone else. It comes about because of determination and because we have a government that has the foresight, the focus, and the goal ahead of it to create an environment for businesses in which they continue to grow and sustain themselves.
It is not only important that we attract businesses into our communities and into our country. It is just as important, if not more important, that we keep our businesses, and that the businesses within our communities have the ability and the financial goal and vision ahead of them, along with the business plans and markets so that they will stay and grow. I say that because when they stay and grow in communities like mine, that means that they are the employer, and employers hire people. When we have strong and vibrant businesses within our community, that means jobs.
When we look at budget 2014 and the economic action plans of 2013, 2012, 2011, 2010 and beyond, they were about creating a strong, viable community and a country with strong opportunities for our businesses and for our families.
This would be the third consecutive year where we as a government would spend less of Canadians' money than we did the year before. As a result, this year's deficit would be less than last year's. The direct program spending has fallen for three consecutive years. For the first time in decades, and in 2012–13, it was over $5 billion lower than it was in 2009–10.
Specifically, action plan 2014 announced that the deficit is expected to decline to $2.9 billion in 2014–15. Then, in 2015–16, we would have a budget surplus of $6 billion, as we have continually talked about through our Minister of Finance, who is, by the way, recognized around the world as one of those solid finance ministers. That would take in, as any budget does, certain dollars for risk. As Canada is large and diverse with areas that have disasters, as we noticed last year, we need to have an adjustment for risk, and we have put in $3 billion for that.
The key issue is how we have been able to do that, and that sort of runs contrary to the opinion on the other side. We have been able to do this while keeping taxes low. Over the last eight years, not only have we kept taxes low, but we have also reduced them 160 times, which relates to a figure that puts Canada in the lowest tax regime in 50 years. I know the minister is looking at me in astonishment, but that was at the time of Prime Minister Diefenbaker. So we are back to that tradition of having those low taxes.
In fact, as I mentioned, my riding of Lambton—Kent—Middlesex is made up of small businesses, agriculture, and middle-income families. The majority of our families are hard-working people. They get up every day, go to work, pay their taxes, and when they come home they become part of their community, which they get involved in. We have been able to leave $3,400 in their pockets, which we have not collected. We did not collect it and say that we would send them back a cheque. No; we just did not collect it.
I remember when we were talking about removing or lowering the GST. We did not say that we would remove it; the opposition party said they were going to but never did. However, we lowered the GST from 7% to 6% to 5%, and I remember one of the debates where the opposition said that all that meant was that we would save a dollar or something on a pair of jeans or a few cents here and there. I will tell members what it meant to my constituents in Lambton—Kent—Middlesex.
One percent put $18 million back in the pockets of the people in Lambton—Kent—Middlesex. Now, I am not a great mathematician, but 2% left $36 million. That was accomplished by taking the GST from 7% to 6% to 5%.
Also, we have a particular interest within this budget for local municipalities, such as my riding. I have a bit of a unique riding because I have one single tier. I have two county ridings and 14 lower tier municipalities. I was privileged and honoured for a number of years to have been the mayor of Middlesex Centre and of Lobo Township before that. However, the $21.8 billion in gas tax refunds has now been indexed, which means it is $1.8 billion in payments for municipalities. That is secure funding for municipalities for their capital projects.
I had a lot of things I wanted to say, but I will wrap it up.
One of the things I want to talk about is the General Dynamics Land Systems announcement we made a week ago in London, which is just outside of my riding but the impact affects us. This was a multi-billion dollar announcement. It is the largest new program in Canada's history. It is not in my riding, but I can say that the small businesses in my riding now are so excited. Small businesses know that they have the opportunity to compete and be there.
Our commitments to Canada's economy and prosperity for the residents of Lambton—Kent—Middlesex is no different than across the country, and we will continue to work to balance this budget and to work hard for Canadians in Canada.