Mr. Speaker, it is great to be back in the House. I really missed it over the summer.
I would like to point out to the members opposite that just last spring, the member who posed the question ran on an election platform whose plan of action for the first 100 days in office did not include tabling a budget. How surprising it is that we have an opposition criticizing us for the things that it does not follow. Thankfully, Canadians do not have to witness that 100-day action plan coming to fruition. That is because Canadians made it very clear they wanted a government that would take bold action to drive economic growth, create good-paying jobs and have all Canadians benefiting from Canada's unique and vast wealth and prosperity.
That is exactly what we are doing on this side of the House. We are doing it with strength, with purpose, with agility and with positivity. Canadians know that this new government has a mandate for change, which includes cutting taxes for the middle class and bringing down costs to put money back in their pockets. The government has already delivered on a plan to build one Canadian, interconnected, resilient economy that everyone can afford.
I remember the major projects list that just came out, which is creating over 10,000 jobs. In the fall, we passed legislation to introduce a middle-class tax cut for Canadians. Some 22 million Canadians from across Canada will save up to $840 a year. That is for dual income families.
For first-time homebuyers, the government's GST relief on new homes valued up to $1 million will save them up to $50,000. We are also lowering GST for first-time homebuyers on homes valued between $1 million and $1.5 million. That is real, tangible support for Canadians on affordability in the areas where they really need it. The recent launch of build Canada homes will accelerate the construction of new builds and deeply affordable housing to further bring down housing costs by increasing availability. For everyday Canadians at the pump, we cancelled the consumer carbon price to refocus carbon pricing on large emitters.
These are just a few examples of how our government is delivering for Canadians.
As Parliamentary Secretary to the Minister of Finance and National Revenue, I had the privilege over the course of this summer to do countless pre-budget consultations and hear from Canadians right across this country, from Iqaluit to Halifax to Vancouver Island. As part of that process, I heard from workers, industry leaders, experts, stakeholders, civil society organizations, and municipal, provincial and territorial leaders. They provided invaluable input into the budget process.
Ahead of the 2025 budget, we will continue to focus on ways to grow the economy sustainably and make life more affordable for Canadians. This includes the need to make substantial investments in priorities such as nation-building infrastructure, defence and housing, and to catalyze private investment to advance our national goals.
As we have stated, the budget will be released this fall, and it will lay out a plan for building a new industrial strategy that will transform our economy and help us access foreign markets. In a rapidly shifting global landscape, this is how the government can bring down costs and create greater certainty, security and prosperity for all Canadians.