Business of Supply  Mr. Speaker, given the member for Carleton's speech, the Conservatives sound pretty nervous about the next election. Out of their fear, they are resorting to making up complete falsehoods to try to scare Canadians into voting for them. That is quite the political stance, “Please vote for us or we will scare you into it.”

Credit Card Fairness Act  Mr. Speaker, today's legislation, Bill C-419 proposes a number of amendments to the financial institutions statutes in relation to credit cards. These amendments would modify business practices and disclosure requirements for credit cards issued by federally regulated financial institutions, including the way in which interest rates are calculated and applied to balances.

Credit Card Fairness Act  Mr. Speaker, I want to point out the fact that the government in BIA 2 introduced consumer protections. It was the largest package of new measures since the FCAC's creation. If the member opposite was so concerned about these things, did she involve herself in that process done with consultation and why in the last 10 years under the Harper Conservatives was consumer protection not important?

Finance  Mr. Speaker, it is simply not true. A typical Canadian family is $2,000 better off under our plan than under the Harper Conservatives. That is real money in the pockets of everyday Canadians that need it. The Conservatives talk about their austerity and cuts. Let me talk about the Canada child benefit.

Finance  Mr. Speaker, we have already cut taxes and the member opposite talks about the Canada child care benefit, which they taxed. We, on the other hand, made it tax free. We continue to make the right kinds of investments. We are focused on Canadians. At the end of the day a typical Canadian family is $2,000 better off.

Finance  Mr. Speaker, in 2015, Canadians had a choice between the Conservatives and the NDP who promised austerity and cuts at all costs. We knew that after a decade of failed economic policies under the Harper Conservatives, we had to make the right kinds of investments for Canadians. By doing so, Canadians have created over 800,000 new jobs.

Finance  Mr. Speaker, we committed and kept our promise to grow and invest in Canadians, to grow the economy for the middle class and those working hard to join it. We did not take on the same economic plan as the Conservatives, because they could not manage the economy to help create a more prosperous economy for everyone.

Finance  Mr. Speaker, the Conservatives continue to relay fake information. The fact is that we actually lowered taxes for middle-class Canadians. We lowered taxes for small businesses and we increased benefits like the Canada child benefit. When will the Conservatives finally tell the truth and say that they are taking their marching orders from Premier Ford and that we are going to see more and more cuts across this country, cuts to education, cuts to Franco-Ontarian language rights?

Finance  Mr. Speaker, look at our record. Over the last number of years we have actually cut taxes. The member is talking about hypotheticals, but the record shows that we reduced taxes. We reduced taxes on middle-class Canadians. We have reduced taxes for small businesses. It is clear from the fact that the member for Carleton is speaking about Ontario that he just wants to create a nationalized plan of the Premier Ford cuts.

Business of Supply  Madam Speaker, if we are going to speak of a history lesson, maybe we should talk about the fact that the Conservatives blew through the Liberal surplus that was left to them long before the global economic changes. Let us talk about that for one second. In addition to that, I love how the member opposite referred to the investments we have made in Canadians as wasting money: things like the Canada child benefit, lifting hundreds of thousands of kids out of poverty; investments in transit; investments in seniors; and investments in veterans services, which the Conservatives cut.

Business of Supply  Madam Speaker, we agree that, after 10 years of fiscal mismanagement by the Conservatives, families were struggling. That is why they elected our government, which is focused on them, focused on lowering taxes for middle-class Canadians and focused on creating a more generous Canada child benefit.

Business of Supply  Madam Speaker, I thank my hon. colleague for the work he does on the finance committee. The Canada child benefit has been transformational. The member spoke of how the benefit is helping families in his riding, which is precisely its intention and why we knew that this type of investment was important.

Business of Supply  Madam Speaker, what I will first say is that I would take absolutely zero lessons from the Conservatives on how to manage a stable economy. The Conservative government added $150 billion to the debt in 10 years. The Conservatives speak about the debt, yet they added $150 billion.

Business of Supply  Madam Speaker, it is always a pleasure to participate in a discussion with hon. members about our government's record on good fiscal management. Our government has strengthened the middle class. We have provided real help to those who need it and we have grown the economy with more good, well-paying jobs for Canadians.

Business of Supply  Madam Speaker, I thank my hon. colleague for his speech, but I find it interesting that once again my hon. colleague quoted the Fraser Institute's numbers. He stopped for a while when he realized that they did not include the Canada child benefit or the CPP changes that our government implemented.