Mr. Speaker, I will be sharing my time with the member for Selkirk—Interlake.
I rise today to support the budget tabled by the Minister of Finance.
Last year in supporting Canada's economic action plan, I said that this budget would be a test of political maturity. Canadians were watching with great interest and quite literally praying that we parliamentarians got it right. A year later I can say unequivocally, “Yes Canada, we got it right”. We are cautiously optimistic that the economy is recovering, but we must remain vigilant.
The House will hear from many speakers about the good things in this budget, and indeed I will mention some which are important to my riding of Kitchener Centre. However, I will begin by mentioning some things that are not in this budget. Why would I do that? Why would I want people to think about what is not in this budget?
Members of the opposition criticized our government for taking an extra five weeks to consult with Canadians. They did not think we should bother with that much consultation. Now they ask why we bothered to consult only to end up with a stay-the-course budget. The answer is that our consultations told us what Canadians do not want in this budget.
For example, Canadians told us that they do not want the overtaxation of past Liberal governments. When Liberals complain that the government squandered the surplus, they are really just saying that we should not have reduced the GST. The Liberal leader is thinking about hiking the GST back up to Liberal Party levels. In fact, by reducing the GST and reducing tax levels generally, as early as 2007 our government injected consumer spending stimulus into the economy. That helped stave off the global recession in Canada for almost a full year after it was felt elsewhere.
We could take up the Liberal Party's complaints and raise taxes in this budget, but Canadians spoke loudly against that option. That is not in this budget.
We could take up the NDP's suggestion to reverse corporate tax relief. Consulting with Canadians, however, confirmed once again that Canadians know that job growth depends upon competitive Canadian employers, so people will not see any job-killing NDP-style corporate taxation in this budget.
Consulting with Canadians also told us that they do not want permanent deficits. Canadians know that government deficits are a kind of reverse Robin Hood. Even now approximately $31 billion every year is taxed from low and middle income and other Canadians, and paid as interest into the pockets of those wealthy enough to lend money to the government. People will not find any long-term extra spending in this budget.
People will not find an extension of the March 31, 2011 expiry date for stimulus spending. Instead of major spending programs, such as the Liberal Party's mythical daycare plan promised in every election since 1993 but never delivered, people will find restraint in 2011 and beyond.
However, people will not find any reversal of our commitments. We are keeping our word. We are increasing foreign aid to historic levels. We are maintaining funding to arts and culture at levels never before seen in Canada. Our record high provincial transfers for health and education will not be reduced.
We will slay the deficit with gradual restraint, not by abandoning our commitments. I am very proud to be part of a government that delivers what we promise.
There is a unique feature which is in this budget. What is unique about Conservative budgets is that they are multi-year plans. They demonstrate foresight. They take account of changing circumstances. Prorogation provided an opportunity to take Canada's economic pulse, to confirm that indeed our economy is recovering but not yet recovered. That is why this budget stays the course with stimulus spending this year. That is also why our government is planning ahead for restraint in later years.
Canadians across our great land already understand the wisdom of this course. As the Governor General said that rainy-day spending must not become an all-weather practice.
I bet Canadians are wishing that just once the opposition parties would find the self-assurance to say, “The government is right. We need to stay the course this year and then exercise some restraint. It is so obvious Canadians want us to support this budget, so that is what we will do”.
Would that not be a great gesture of national unity in difficult economic times? We cannot be all things to all people, but this budget rings all the right notes. Here is what the Waterloo region Record had to say:
Finance Minister Jim Flaherty walked a fine, intelligent line--