Thank you very much, Mr. Chair.
I am pleased to be here with my officials from Employment and Social Development Canada, or ESDC, to highlight the critical work we are doing to strengthen our economy, protect good jobs and give Canadians the tools they need to succeed in a rapidly changing world.
With global uncertainty rising caused by trade disruptions and economic change, this work is fundamental to the progress of our nation. Canadians are counting on us to meet this moment head-on and build a stronger Canada for today and for generations to come.
Today, I want to talk about how we protect, empower and build together. Workers and industries across Canada, especially in trade-exposed sectors, remain our first priority. When layoffs happen, not only is it disruptive to families; it impacts communities and, of course, their entire region. That's why we moved quickly on our response to tariffs, including flexibilities to the EI work-sharing program, which is keeping skilled workers on the job and preventing nearly 12,600 layoffs.
We've also made it easier for Canadians to access EI more quickly and we extended EI by 20 extra weeks for 190,000 long-tenured workers. Additionally, we're investing $50 million to modernize job banks so Canadians can connect to good jobs faster.
This goes hand in hand with driving our economy forward. This means securing industrial peace, strengthening partnerships and alliances across the workforce and equipping workers with the tools they need in a changing labour market. Essential to that are stable labour relations and fair collective bargaining.
The best agreements are reached at the negotiating table, and the federal government plays a key role in this process through the Federal Mediation and Conciliation Service. Thanks to this service, 97% of conflicts are resolved without a work stoppage.
From major projects to community infrastructure to building millions of new homes, we are backing this ambition with strategic investments like the union training and innovation program that grows Canada's skilled trades workforce.
At the same time, we’re attracting the best talent by accelerating foreign credential recognition and simplifying the process so that qualified workers can contribute more quickly and build a stronger Canada.
These are not just investments for today; they are generational. They will shape our future and ensure that every generation has an opportunity to succeed. That's why we've also committed $1.54 billion in youth employment programs to support 175,000 young people, including youth with disabilities. This is on top of the $3 billion we transfer every year to provinces and territories for similar work.
The government is also focused on bringing costs down for Canadians. That's why we're expanding programs like affordable child care to give parents more choice and families more economic power. Across Canada now, the average cost is $16.50 per day, with most provinces and territories having reduced fees by 50%. Nearly one million families are benefiting. Women's workforce participation is at the highest level ever in the history of this country—over 85%.
We're also making the national school food program permanent. Today, nearly 400,000 children are benefiting from school food programming supported by federal investments.
The government is also improving financial security for hundreds of thousands of working-age persons with disabilities through the Canada disability benefit. Budget 2025 provides an additional $115 million over four years for a one-time $150 payment that will help with disability tax credit application costs.
Mr. Chair, this is the work of building a fairer, more resilient Canada, one that protects workers, empowers families and builds a strong future for the next generation.
I look forward to our conversation today.