income up to $47,630, would be reduced from 15 per cent to 13.75 per cent over the next four years. The Conservatives has stated this tax cut would save the average individual $444 a year, and a two-income couple $850 per year. Scheer has promised to restore the Children's Fitness Tax Credit, where families can claim $1,000 annually for costs related to fitness or sports. Families with children with disabilities can claim $1,500. Scheer has states that he will cancel Canada's $250 million annual contribution to the Asian Infrastructure Investment Bank. Scheer has expressed support for free markets stating that he believes in "a free market where businesses profit by having the best product or service". Scheer was a major advocate for the removal of the Canadian Wheat Board. Scheer proposed a policy to mandate the inclusion of national flag decals on gas pumps to highlight "Canadian-sourced, ethically produced oil". Scheer has pledged to repeal the federal carbon tax in order to reduce the tax burden on individuals and businesses. Scheer says he wants to make maternity and parental leave less expensive for families. He has promised to make employment insurance for parental and maternity benefits tax-free. He wants to introduce a tax credit to families who send their children to private schools. Scheer also proposes raising the limit on how much employment income a parent can earn each week while on leave. He has vowed to remove HST/GST from home heating bills and lower business taxes. In February 2018 Scheer introduced a private member bill, the second of his career. Bill C-394, An Act to amend the Income Tax Act (parenting tax credit), or as he titled it the Supporting New Parents Act, would create a new tax credit intended to offset federal taxes owing on benefits received from maternity and parental leave. The parliamentary budget office found out that the credit would cost $607.6 million in lost revenue and would rise incrementally each year for the next five years. During the 2019 Canadian federal election, Scheer proposed he would legislate that corporate takeovers by foreign state-owned enterprises be subject to a national-security review. Education Scheer has promised to increase the federal government's contribution to the Registered Education Savings Plan (RESP), increasing it from 20 per cent to 30 per cent annually up to $2,500. He added that low-income families would receive 50 per cent on the first $500