Mr. Speaker, before I begin my speech, I would like to say that I will be splitting my time today with my colleague, the hard-working member for Red Deer.
I am very pleased today to rise and be given this opportunity to speak to the economic action plan 2015 act, no. 1.
As we all know in this House, the economic action plan is an important blueprint that would deliver more tax relief to individuals and small businesses; invest in communities; fund research, innovation, and skills training; help our most vulnerable; and maintain Canada's future as a world economic leader. It delivers on the priorities of Canadians, including my constituents in the great riding of Richmond Hill and throughout York Region, the region that I live in, and I am pleased today to highlight a few of the very important measures in the economic action plan 2015 act, no. 1, that would benefit all Canadians.
The first section I would like to speak about today deals with infrastructure.
Infrastructure is a major priority for residents of Richmond Hill and York Region, and indeed across the country. We know that our ability to compete in the global economy depends in part on the reliability of quality public infrastructure. That is why our government spearheaded the largest long-term federal commitment toward infrastructure in Canada's history, the new Building Canada fund. This plan would dedicate a historic $53 billion over the next 10 years for infrastructure. In fact, the annual federal support for infrastructure has increased from some $571 million in 2004 to an estimated $4.85 billion in 2015. That is a 750% increase. This is a very significant investment, and it is precisely why Canada has led the entire G7 in public investment growth over the last decade.
In Richmond Hill, we see the results of our infrastructure investments in every corner of the municipality. They include recreational facilities such as the Oak Ridges Community Centre, a new community centre funded in part from federal money coming through the gas tax fund. About $2.4 million went into this state-of-the-art facility, which is serving Oak Ridges, a growing community in York Region and a key component of the great town of Richmond Hill. There is the Elvis Stojko Arena, to which hundreds of families, if not thousands, bring their children to participate in skating activities. They come not only from Richmond Hill but from the entire York Region area.
We also have Viva and rapid transit buses, and there is a new transit facility in Richmond Hills' Headford Business Park. Federal dollars have helped build the infrastructure my residents have come to depend on every single day.
I need to highlight that York Region is growing in leaps and bounds. It is a region that today numbers more than 1.2 million people. In fact, a lot has been said by members in the House about the fact that this year is an election year and that we will return to find 338 seats in this place. Three of the new seats created in this country are in York Region. It is growing in leaps and bounds, and our government is doing a lot for the families that call York Region their home. That includes great towns like Aurora, Richmond Hill, the city of Markham, the city of Vaughan, and the town of Stouffville. We are doing many things and we are planning to do still more.
Economic action plan 2015 would build on this funding by providing $750 million over two years and $1 billion each year thereafter for a dedicated public transit fund. We are also investing $5.8 billion over six years to build and renew federal infrastructure assets, including Canadian Armed Forces facilities and on-reserve schools. All of these investments will ensure that Richmond Hill, York Region, Ontario, and all of the provinces and territories across Canada will continue to benefit from world-class infrastructure.
The second area I want to touch upon has to do with the folks who have put their lives on the line for the rights and privileges that so many of us take for granted: freedom, democracy, human rights, and the rule of law. I am speaking, of course, about our veterans.
We owe a great deal to our veterans and their families. As a proud member of the Royal Canadian Legion Branch 375 in Richmond Hill and as a frequent visitor to Branch 385 in Aurora, I know our government is working hard to deliver the services and benefits they deserve. That is why I am proud to tell our Legions in York Region that economic action plan 2015 includes many improvements for veterans, such as enhanced benefits for severely disabled and part-time reserve force veterans and increased support for family caregivers. It includes a new critical injury benefit to compensate eligible Canadian Armed Forces members and veterans for the immediate consequences of very severe and traumatic injuries sustained in the line of duty.
We also propose to expand life benefits to veterans to compensate for the loss of employment potential and career advancement opportunities caused by disabilities suffered while serving in the Canadian Armed Forces. Economic action plan 2015 would improve the ratio of case managers and veterans to 30 to 1 so that veterans would receive the level of individualized care they need and deserve.
Our government will continue to stand up for veterans and provide them and their families the much-needed services and assistance they need. Now that they have completed their service to our country, it is time for us to provide the services to them that they deserve.
I want to speak a little about expanding new markets.
International trade and investment are vital to the continued growth of the Canadian economy and the prosperity of people and businesses across Canada. Access to foreign markets and the reduction of trade barriers are essential to helping Canadian exporters grow. That is why we have worked hard since taking office in 2006 to conclude free trade agreements with 38 countries, bringing Canada's total to 43. Before our Conservative government and the leadership of our Prime Minister, there were only five. Now there are 43 trade agreements with countries around the world.
The Canada-European Union comprehensive economic and trade agreement, for example, would provide preferred access to the world's largest and most lucrative market of more than 500 million consumers in 28 countries. It would provide access to a market of $17 trillion, adding $12 billion to Canada's GDP and potentially creating 80,000 additional Canadian jobs. In fact, because of our government's determined actions, Canada has preferential access to more than half of the world's markets.
To assist Canadian companies to take advantage of these new global opportunities, economic action plan 2015 would provide $152 million in trade promotion investments. This money would be used to create a new export market development program and support Canadian firms with on-the-ground intelligence and practical advice on foreign markets. These investments would help the businesses in my riding and businesses across the country take advantage of these new and exciting trade opportunities.
We know that a safe and clean environment supports a high quality of life and contributes to a strong economy. That is why our government has taken significant action to protect the environment. Specific proposals include $75 million for the Species at Risk Act, $2 million to protect salmon habitat, $30 million to extend the recreational fisheries conservation program, $34 million to support weather warning services in the Arctic, $491.8 million to assess and manage risks to human health, and so forth.
The Oak Ridges Moraine is an ecologically significant land form that runs through 32 municipalities, including Aurora, Oak Ridges and Richmond Hill, and nine conservation authorities. Often referred to as the “rain barrel of southern Ontario”, it forms the headwaters of 65 streams, and directly and indirectly delivers clean drinking water to millions of people.
I could go on and on about the many measures in the budget pertaining to our environment and the measures to enhance our national security, but in the interests of time I would be pleased to field questions from the hon. members here.
