Thank you for that question, MP Baker.
I think this is a real game-changer in terms of levelling the playing field so that all construction workers....
To me, if the people of Canada are going to forgo, according to the Parliamentary Budget Officer, up to $22 billion in lost revenue to fund these credits, the quid pro quo for that has to be requiring these large companies, many of them very capitalized, affluent companies, to pay workers the best wages they possibly can. That will be a win. I think there's an expectation from the Canadian public that, if we're going to forgo the $22 billion, there had better be some good-paying jobs for Canadians. This legislation provides for that ability, and it will lift all construction workers up to the union wages that have been successfully negotiated with thousands of contractors across the country.
The other thing it will provide, of course, is work opportunities. There are tens of billions of dollars in work opportunities. I listed some of those in my opening comments. That's important for a construction worker too, because construction workers go to work on the first day to put ourselves out of a job. We know that eventually the job is going to be completed. Where will we go next? Well, this will help with a long-term pipeline of large industrial projects across Canada, which will provide more certainty to construction workers and attract young people to the industry.
On all levels, then, this is a game-changer for the construction worker in Canada.