I want to make the point—and I know we've all been at this for a long time—that the short title of the bill, about jobs, growth, and long-term prosperity.... My colleague mentioned that so many other things are rolled up in this bill that don't pertain to finance or economic issues.
I also want to make the point that through this budget and the budget implementation act we've heard about $5.2 billion in cuts that the $20 million private agency has recommended, 19,200 public sector jobs. The Parliamentary Budget Officer says that when you add up previously announced cuts, we're looking at cuts of $10.8 billion and 26,800 jobs lost. That's 26,800 public sector jobs lost. These are services. These are programs Canadians need.
We've also heard the PBO and other witnesses talk about a drag on the economy. The point I'm making is that while the short title talks about jobs, growth, and prosperity, in fact the net impact of this budget implementation act will be the opposite: it will be a drag on our economy and it will slow our recovery. We have heard more witnesses talk about that.
I could go on about unemployment and about how between one in four and one in three of the net new jobs are going to temporary foreign workers, but I won't. I will save that for a speech in the House of Commons.
I think the short title of this bill has less to do with the reality and the impact of the bill and more to do with Conservative talking points. The two just don't add up. I really wanted to get that on the record.
Having said that, I want to thank the staff, the interpreters, the chair, and my colleagues for this time. It is unfortunate that we had to debate such weighty and substantive issues in such a rushed fashion.
Thank you, Mr. Chair, for allowing me that time.