Thank you, dear colleague.
I have a couple of things.
It goes without saying that all the measures in Budget 2025 Implementation Act, No. 1, regarding the strategic response fund are very important. The fund gives us the tools to help tariff-affected businesses while investing in businesses looking to grow in Canada.
A few weeks ago, as the industry minister, I put forward my plan for the sector. We must not only protect jobs, but also create them. That is why the strategic response fund and all the measures related to the tax credits and R and D are so important.
For too long, small and medium-sized businesses have shouldered the costs of excessive red tape and waited longer than they should to receive the funding they deserve. This has caused frustrating cash flow issues, especially for growing businesses that constantly need to invest in and embrace cutting-edge technology. That is why we have made additional investments in a new approach, the tax credits.
That is why the passage of Budget 2025 Implementation Act, No. 1, is so important. I gave you two examples, but I could go on. I could give you 50.