Mr. Speaker, it has been with some interest that I have listened to the debate in the chamber today. I had an opportunity earlier to ask a couple of questions and I found it quite shocking that the Liberals could find nothing in this budget to support.
The Liberals break everything down to its lowest common denominator. They cannot find anything positive. This is coming from a former government that was defeated at the polls. Canadians soundly gave the Liberals the message that they were not satisfied with the job they were doing and that they wanted, deserved and expected more from their government. They expected accountability, integrity and honesty.
I would like to take a moment to congratulate the member for Louis--Hébert who did a great job on his maiden speech in the House. He certainly understood the issues. Even our Bloc colleagues are supportive of his speech, I am sure.
The Liberals continually say that there are only five priorities in the budget. Those five priorities, however, have been delivered upon and they have been delivered in spades. The difference is that the Liberals' last budget had 56 priorities and none of them were delivered.
I would break it down even further. I would take this budget and say that there is only one priority and that priority is to help Canadians have better lives, and this budget delivers on that promise.
I would like to take a small portion of my time to thank my constituents in South Shore--St. Margaret's for sending me back to the Parliament of Canada. It is an honour to be a member of Parliament and to speak in this chamber and to represent the good folks of South Shore--St. Margaret's.
The riding I represent has a number of challenges. We have the largest fishery in Canada and over 2,000 fishing boats. We have the forest industry, an agriculture community and a significant manufacturing sector. Although the riding is extremely rural, it is versatile and it is a well spread out riding. It is long and narrow. It goes all the way down the southwest coast of Nova Scotia and includes part of Halifax county, all of Lunenburg county, all of Queens county and all of Shelburne county.
The point I am making is that my riding has a variety of individuals from a variety of backgrounds and a variety of different types of work.
In the manufacturing sector, we do everything from value added to our traditional industries, fishery, forestry and agriculture, to making space age components that are sold around the world. One firm in Lunenburg, Composites Atlantic, makes all the fuselages for the 737s. It makes the cooling system on the space shuttle. We have a very widespread working sector in South Shore--St. Margaret's.
I can honestly tell all members of the House that there is something in this budget for everyone in South Shore--St. Margaret's. I would like to speak for a second to the child care component. I know there has been a lot of criticism of our child care position, especially from the NDP and from the former government, and I would like to put a little good, fresh, bright sunlight on child care.
We could break the day care allowance down as being only a coffee a day. We could do a million things but the reality is that parents in Canada are faced with a huge obstacle in raising their children. As a government we recognize that we have some responsibility to help. We want more working parents in the workforce and, quite frankly, we need them in the workforce. We also want to give Canadians choice. If a mother or father decides to stay at home they have that option. We will give them $1,200 a year but at the same time we recognize that the money will not solve their child care problems. We know child care is more expensive than this but it will help. This is the first time any government has stepped up to the plate to help in a serious and effective way.
I will get to the capital gains deferral for fishermen, which the Liberals promised, in a minute.
What the Liberals promised for child care was a death bed conversion. At the 11th hour they said that they would do something. The reality is there was no child care plan in Canada. It does not exist and it never did. We will give $1,200 directly to parents to help them meet their child care requirements.
Let us take this a step further. Let us look at the Liberal commissioned YWCA report. The report states that child care spaces financed by the government cost $15,000 per space. If the Liberals are going to tout that, they should quote it. With 2.1 million children in Canada that works out to $30 billion a year for some type of universal child care, not affordable by any government without going into deficit. It cannot be done.
In recognition of that and in recognition of the difficulty parents face in raising children, we will give $1,200 per child per year until the age of six to help families raise their children. This is significant, responsible and Canadians can afford it.
I want to speak about the capital gains deferral for fishermen. I had two private member's bills on this issue but I could not get any support from my Liberal colleagues. When I brought these private member's bills forward, there were numerous cabinet ministers from Atlantic Canada. Over the 13 year period there were at least seven or eight ministers from Atlantic Canada. None of those individuals were interested in moving forward with a capital gains deferral for fishermen. I brought one bill forward in 2002 and received no support. I brought it back again in 2004 and again received no support. Thanks to our Conservative caucus, support came immediately. Anyone involved in the agriculture sector looked at this bill and said that farmers needed it and foresters needed it. We need it in the fishery to maintain the integrity of our coastal communities and keep fishing families fishing.
When our Minister of Finance brought in the capital gains deferral he went even further than my capital gains private member's bill. Not only did he give $500,000 for intergenerational transfer, he also gave $500,000 in the same way that a small business has a one time only accessible $500,000 rollover. That is the difference. We have a Minister of Finance who looked at the issue and said that we needed to act on it. It was part of the policy that came out of our Montreal convention and part of our election platform. It was a promise made and a promise delivered. This is the difference with this budget.
I ask hon. members and the viewing public to read the budget. The budget has good stuff in it. It contains things that we have needed for a long time, such as the apprenticeship program, help for students and help for fishermen. It contains immediate dollars and continuing aid for agriculture. It helps the forestry sector and the manufacturing sector. It contains a lower tax rate for low income earners. We are going to take 600,000 people off the tax rolls as of July 1. This is a great budget.