Mr. Andrew Saxton (Parliamentary Secretary to the Minister of Finance, CPC)
Mr. Speaker, today I am pleased to note that Canadian household net worth increased in the first quarter to an all-time high, reflecting continued gains in household assets. This is proof our low-tax plan is working.
Our government has delivered on its promise to Canadians to make life more affordable and continue to lower taxes. This past year alone, we have doubled the tax-free savings account, introduced the family tax cut and enhanced the universal child care benefit. As a result, the average family of four has $6,600 more in their pocket this year.
With a fragile global economy, now is not the time for risky schemes and untested—