It shows how wrong the opposition is when it talks about jobs lost. That is the jobs gained in the Canadian economy in the last nine months of this year for which we have figures, in other words, from January through to September.
Members should compare those two figures. Just from the normal action of a robust economy that we have thanks to good management on this side of the House, compared to the 60,000 that I mentioned as a potential job loss before we have the increases that come, that is seven times more jobs created in the last nine months. These are real jobs. It is done in less than one-tenth of the time. If we think about it, the number of potential job losses over a decade is in fact the same as the job increases since the Speech from the Throne five weeks ago.
Impacts are modest if we choose the right tools. That is our approach and it is important to strike that balance.
The approach is based on fairness, burden sharing, and it recognizes that all segments of Canadian society must do their part. It covers all sectors: the federal government, transportation, the building sector, large industrial emitters, small business, agriculture, forestry, municipalities and consumers.
The draft plan reduces uncertainty for business while maintaining flexibility for future actions. We want to engage in intense discussions with large industrial emitters on the design of a comprehensive approach for reducing their emissions. We also want to maximize trade opportunities for Canadian goods and services, to maximize the opportunity for Canadian companies to make a business out of generating offsets and to help build an effective functioning market to allow Canadian firms to purchase permits at a reasonable price.
Targets for emissions trading, that we are currently discussing with large industrial emitters, is in the order of 55 additional megatonnes. This represents a significant contribution to reducing greenhouse gas emissions.
In order to meet this objective, we have been open to ideas on changing concepts as fundamental as the allocation of credits. Every approach has advantages, but the most important criteria will be to maintain the competitiveness of Canadian industry, to ensure that certain sectors and companies are not disadvantaged, and to allow the private sector to plan ahead.
We hope to meet these objectives through consultations and we will continue to host intense and productive exchanges until we have managed to strike the necessary balance.
Together with stakeholders, we are in the process of developing an approach that recognizes the importance of early measures and offers real incentives to reduce emissions.
The most economical approach is emission permit trading, since it uses market forces to reduce emissions cheaply and efficiently. In addition, it provides the advantage of improving productivity, which makes our economy more competitive.
Whatever method is chosen for emissions trading established in Canada, we recognize that our efforts will go much further if we coordinate our efforts with our neighbour and closest trading partner, the United States. Its decision not to ratify puts Canada in a unique situation and complex competitiveness considerations arise. The economic analysis however shows that the implications for Canadian industry are relatively modest. Canada can achieve its target at an acceptable cost and we can move ahead without the United States as we have done in the past on so many important issues.
It is true that the Bush administration has rejected the Kyoto protocol. Nevertheless, it has taken many measures to encourage its business to become more energy efficient and environmentally friendly. The United States is tightening energy efficiency standards and investing heavily in science and technology to meet the challenge of the European and Asian competition in world markets. Many state and local governments are taking even tougher environmental measures. In fact, the number of such states taking such measures has now reached 42.
Just as we did with our government in the 1990s to deal with the deficit, here we are taking a step by step approach to reduce greenhouse gas emissions. Our goal is 240 megatonnes, or 240 million tonnes.
Our first step, the action plan 2000 of two years ago, takes us one-third of the way. I should say that it started two years ago and that one-third is comfortably on target. The second step announced today will take us to another 100 megatonnes, totalling 75% of our target. We have quite a number of options, which are listed in the paper that was released today, to choose from to achieve the remaining 60 megatonne gap from our target, the third step of our climate action plan. The decision on that will be driven by shared experiences, by collaboration and by capitalizing on new technologies.
Our draft plan uses conservative numbers to calculate the megatonnes for each step in our approach. The draft plan does not include the actions, for example, that the provinces and territories are expected to take on their own, though they will of course be part of the national total. We believe they will be taking action and we believe it will be substantial.
It does not take into account the benefits of the 10-year infrastructure plan that was announced in the Speech from the Throne, nor does it include current and future research and development planned over the next 10 years by the government. We believe that these will also make an important contribution to the next phase.
We recognize that industry, its products and processes are the result of a stable and substantial public need and support. We believe that consumers will choose a more energy efficient future and we will help both the producers and the consumers in this regard. We believe that communities and municipalities will choose a more energy efficient future and we will help them too. Of course we will continue our international negotiations for cleaner energy exports. We believe that they are important in attacking the overall problem, the global problem of climate change.
Our approach recognizes there are uncertainties in the future, including changes in the emissions profile, in technology and in the international environment.
Before year end, the Parliament of Canada has to vote on ratification of the Kyoto protocol. Both the House of Commons and the Senate will have a say.
The draft plan we have presented today will help inform parliamentarians on this most important debate.
We have listened to the concerns of the provinces and industries since publication of our discussion paper last May and have readjusted our proposals to minimize the economic impact on the regions and on specific sectors of our economy.
We want to know if we have struck the right balance on burden sharing, costs and responsibilities. We want to know if the plan adequately engages Canadians. We want to know if the mix of measures and instruments proposes is right. We want to know that we have a plan that adequately captures the many opportunities in the new lower carbon global economy that is so important to Canada.
This is yet another opportunity for the many voices in the climate change debate to be heard. We must all work to meet our Kyoto commitments.
I point out that this issue is not entirely economic, although I have stressed economic matters in my speech so far. It is an issue of tremendous importance to the future of the country and to our children, their children and children well beyond them. It is an issue where many of the measures that we intend to put in place over the next 10 years to the end of the first Kyoto period will not in fact benefit many of us in this chamber in a direct sense, but it will be something that will improve the future of our children and their children. That is why Canadians from coast to coast to coast realize the importance of this issue.
Canadians know and understand, as science has told them, that the impact of climate change measures is likely to be severe in many parts of the world, more severe than here and indeed in some parts of the world the expected crop losses may well be 40%; some parts of southern Africa and southern Asia.
Canadians know they also have a responsibility not just to their own children but to future generations of the world. They know it is important for us to take measures, measures which are well within our ability, measures which will not affect our standard of living, which will not affect our competitiveness but which will in turn have an important impact on future generations here and elsewhere in the world.
It is for that reason that Canadians from coast to coast to coast are asking us to assume our responsibilities, do the right thing and ratify the convention of Kyoto.