Thank you, Madam Chair.
It's good to be back here in the summer. I've never seen so many tourists around Parliament Hill.
It's no secret that the government has always been there to grow industry and protect workers. We were number three in the world after the U.S. and Brazil in receiving foreign direct investments. That means industry and companies from all around the world are coming to Canada to set up shop, creating thousands of jobs in the EV sector alone, as we heard earlier today. Over $50 billion has been invested by companies, and that's attracting thousands of workers to set up shop. Last week alone, Goodyear announced roughly a half-billion-dollar investment to create hundreds more jobs for tires that will go on some of these EVs, so we're definitely there to make sure we're protecting workers.
There was a consultation period that just finished, as my colleague mentioned earlier. It was roughly a 30-day consultation period during which we wanted to make sure we heard from industries. As we know, previously there were retaliatory measures from China that impacted a variety of sectors, whether we're talking about agriculture or steel and aluminum, so we want to make sure that we do this right. This is the number-one priority for our government to make sure that we do get this right.
When we look at the EV sector in my riding of Brampton East alone, Stellantis is creating hundreds of jobs and will be soon making electric vehicles there.
We want to make sure we continue incentivizing the industry to set up shop here with tax incentives like those in budget 2024 to continue growing the industry. We're seeing that across the board. No doubt about it, workers are looking forward to seeing more of that, and we want to make sure we continue to protect the industry.
Coming back to what the Conservative Party is saying about jobs and workers, of course it's important to us. What we've seen in the past, when Pierre Poilievre was a cabinet minister, was that over 40,000 auto-sector jobs were lost during that period, and we want to do the exact opposite to protect those jobs and keep them in this country.
Coming back to this motion here, I agree it's an important study, and we should be doing it, but definitely there are some minor corrections that we need to think of, and I want to get those on the record for the members who are on video as well.
On the third line, you'll see “risk to the $52.4 billion of taxpayers' money the federal government” has announced, but we have to remember this is not money that was spent. These are tax incentives that were given by various governments, and they will be accumulated when some of these companies start producing products. Therefore, I think the word “spent” has to be changed to “announced”.
On the sixth line down, you're going to see—