Mr. Speaker, I appreciate the opportunity to speak today to Bill C-43, an act to implement the budget. As we know, the focus of our government is jobs, growth, and long-term prosperity, and there are many measures within this bill that support that focus, that priority, of the Government of Canada.
I would like to start by talking about where we were back in 2008 when the biggest recession since the Great Depression struck our nation and many nations around the world. In fact, 62 million people around the globe lost their jobs during that recession due to global economic instability. However, since then, Canada has fared far better than most countries in the world in terms of job creation and recovery. In fact, since the pit of the economic recession in July 2009, Canada has created 1.2 million net new jobs, with employment all across this country. This has allowed our government to move toward a balanced budget and deliver on many promises made in the 2011 campaign.
The federal tax burden is now at its lowest in 50 years. People are paying less in taxes than they did in part of the Diefenbaker era. Things are going well in Canada. We have more employment, more growth, and larger projected growth than any other country in the G7. The IMF and KPMG both predict that for this year and next year we are going to have very successful job growth, job creation, and overall economic growth in this country. Canada is on the verge of a great economic and prosperous time, and we are going to keep putting measures in place so the people of this country can benefit from it.
What has allowed us to do this? What has allowed Canada to do so much better than many other nations emerging from a global economic recession? I believe it was our commitment as a government to balance the books and then use surplus spending to invest in tax cuts and to support jobs and economic growth. This was a commitment we all made on this side of the House as we went door to door in the 2011 election. We committed to first balance the budget and then to reinvest in Canadians by lowering taxes, supporting young families, and reinvesting in jobs and growth.
There are some members of the House who believe balancing the budget will happen by itself and that we do not need to focus on that, but it is hugely important. The only way to balance a budget, whether it is a household budget, a municipal budget, a provincial budget, or a federal budget, is to make it is a huge priority and put a plan in place to reach that balanced budget in a targeted amount of time. That is what this government did following the 2011 election. We kept our commitment to the people of Canada by putting the economic action plan in place, with the goal of balancing the budget within the mandate of this government, which we have.
It is not easy, and it does not just happen by itself. To do it, there are really three choices a government can make to balance the budget. The first choice, and I would argue the easy way to do it, is simply to raise taxes. We have seen governments and previous administrations, both provincially and federally, try to balance budgets on the backs of Canadians by raising taxes: raising business taxes, raising income taxes, raising fees. That, I would argue, is the easy way.
We saw the NDP government in Nova Scotia try to do this a few years back. It raised taxes to try to balance the budget. This government gave the Canadian people a cut in their GST sales tax, or HST in some provinces, like mine, in Nova Scotia. When we cut the GST federally from 7% to 6% to 5%, almost every Canadian was able to benefit from that tax reduction, except in my province of Nova Scotia, where the provincial government came right in behind and almost immediately raised the sales tax by 2%.
While in New Brunswick, right next door to my riding, people were paying 13% sales tax in the combined HST, in Nova Scotia we were paying 15%. A border riding like mine saw jobs flowing across the border. Gas stations were shutting down, because between that and the increased fuel taxes in Nova Scotia, people could pay far less a litre in New Brunswick than they could in Nova Scotia. While everyone else was benefiting from this cut in the sales tax, the people in my province were not, because the provincial government decided to do that in an effort, it argued, to balance the budget, which, in fact, never really happened. That is the easy way to try to balance the budget: by simply raising taxes.
The second way a federal government can try to cut taxes is by eliminating, cutting, or reducing transfers to the provinces. Transfers to the provinces pay for education, put teachers in classrooms, pay for educational assistants for special education students, and provide other support services in every school.
Those transfers pay for our health care system so seniors across this country can enjoy the health care they deserve in an equitable health care system, from one end of the country to the other. That is why we have these transfers. It is so the provinces can deliver their constitutionally designated role of delivering effective, equitable health care from Newfoundland all the way to British Columbia and to the north. That is what Canada is all about. We are all in this together. That is why those transfers are so valuable.
The Liberal government in the nineties chose to balance the budget, coming out of an economic recession, on the backs of the provinces, on the backs of our seniors, and on the backs of our children by reducing those valuable transfers to the provinces. Significantly cutting those transfers, I believe, destabilized both the education system and the health care system in many provinces across this country. It was an effort, arguably, to balance the budget.
The third way a federal government can try to balance a budget is not by raising taxes on the people and cutting the valuable transfers to the provinces that need those dollars so desperately to deliver those effective services I talked about. The third way is to look at how the government spends money. We can look at ourselves, look across federal departments to see what we can do to save money for the Canadian taxpayer so we can get the budget balanced and start making targeted investments for the future of all Canadians.
In 2011, that is what we promised to do, and that is a promise we have kept. We have delivered on that promise, and now we have the budget balanced and are moving forward.
Every department across the board had to look at reductions. With targeted savings, usually in back-office services, making sure that we protected front-line services, particularly in the regions of this country, we were able to slowly move the budget to balance. Now, on schedule, we have a balanced budget in this country due to excellent fiscal management by the Prime Minister, former finance minister Flaherty, and the present Minister of Finance.
This government has moved Canada to a balanced budget, and that gives the government the financial flexibility to deliver the other promises we made when we all went door to door during the 2011 election. I am speaking of things like income splitting for families, the family tax cut, and an increased UCCB. Support for young families across this country is a target of this government to ensure that the future of this country is protected.
By raising the universal child care benefit, we are supporting the next generation of Canadians in getting the child care they need. We are supporting the next generation of Canadians in getting the education they need. We are now focusing on changes to our education system, changes funded by the federal government through our post-secondary support for apprenticeships, a $100-million program for interest-free loans for apprentices across this country.
Budget 2014 supports our young people and our young families and is delivered under a balanced budget format.
Now that the budget is balanced and we are moving forward and are keeping those commitments to Canadian families, what is the next step for Canada? Where can we go? The future of this country is bright. We have worked so hard to come so far from the great recession of 2008. The strong fiscal management of this government and this party, led by our Prime Minister and the Minister of Finance, will support the bright and prosperous future of this country.
I hope the opposition will stand in support of this legislation on Monday night, because it is in the best interest of Canadians from coast to coast to coast.
