Mr. Speaker, as the Minister of Finance highlighted in the pre-G20 summit in Korea this week, Canada is leading the world in global economic recovery. This year our deficit is lower than projected and the lowest in the industrialized world.
With an economic and fiscal record that is stronger than other industrialized nations, Canada has responded to the recession with the economic action plan, which created jobs and protected families.
Through the economic action plan we have lowered taxes, invested in infrastructure and training, and boosted support for workers and families. Our action plan is working.
Since July 2009, the Canadian economy has created over 420,000 new jobs. However, the economic recovery is still fragile. There are still too many families struggling to make ends meet.
That is why we will continue to implement the economic action plan to create jobs and to protect Canadian families.