Mr. Speaker, I wish to express my congratulations to the finance minister for his outstanding economic statement. The mining industry is thankful for the introduction of a federal tax credit for flow through share investors. It will stimulate the upfront financing of junior mining exploration projects all over northern Ontario and Canada.
Exploration spending will result in the discovery of new mines, which in turn will create jobs and result in billions of dollars in new investment and export revenues. The constituents of Timiskaming—Cochrane, the mining industry and I all believe natural resources will continue to be the building blocks of our economy in the 21st century. I thank the finance minister for his support.