Mr. Speaker, I rise today to speak to Bill C-43.
Through successive speeches from the throne our government has made important commitments to Canadians on key social and economic priorities, commitments to a strong environmentally stable economy and commitments to secure our social foundations. Through budget 2005 we kept our pledge by delivering on those commitments. Today with Bill C-43 we are proposing new investments that greatly enhance our efforts to address the priorities of Canadians in social and economic areas while still being fiscally responsible.
As minister responsible for the Atlantic Canada Opportunities Agency it is my job to ensure ACOA works with communities and individual Atlantic Canadians to help increase employment opportunities and earned incomes in our region. It is also my role to be an advocate on behalf of the region, a function of ACOA's that is often overlooked.
The fact is that Atlantic Canadians, like all Canadians, want their communities, towns and cities to be safe places to live, with affordable housing, good public transit and clean air and water. Atlantic Canadians also want access to education and training so they can build a good quality of life for themselves and their families and contribute to the economic prosperity of our country.
When I spoke to Bill C-43 last month, I commented on the important investments that will be made toward developing the economy of Atlantic Canada. Key among those measures was $708 million in funding for ACOA dedicated to implementing the Rising Tide strategy in Atlantic Canada. The Rising Tide strategy, as hon. members will recall, was developed by the Atlantic Liberal caucus and is an excellent example of members of Parliament building policy from the grassroots on behalf of their constituents.
Funding under Rising Tide will mean additional investments in research and development, investments in community based development projects, investments in our youth and aspiring women entrepreneurs, initiatives to increase tourism, better access to capital, and increased trade for Atlantic businesses into key markets. These are vital investments to ensure that the Atlantic Canadian economy develops and adapts to the new economies.
Funding through my agency is only one part of the tapestry that makes this budget a truly Atlantic Canadian budget and therefore so deserving of the support of Atlantic Canadian MPs in the House.
I want to turn now and look at some of these initiatives.
There is funding for Atlantic Canadian communities through a new deal for cities and communities. This represents an investment of $381 million for the Atlantic region for vital infrastructure. These are straight federal dollars and do not require matching funds from the municipalities or provincial governments.
There is our commitment to funding of the Atlantic accords. This represents billions of dollars for Newfoundland and Labrador and Nova Scotia.
There is $12.8 million for defence funding in this budget. As some hon. members will know, Atlantic Canada staffs about 20% of Canada's armed forces. We are proud of our men and women in uniform, many of whom hail from our region. As a point of interest, General Hillier, the overall commander of the Canadian Forces, comes from Newfoundland and Labrador.
I want to take a moment to congratulate all members of the House for unanimously passing the veterans charter last week. I would especially like to applaud the Minister of Veterans Affairs for her hard work on this initiative.
Also in the budget is $2.7 billion more for the guaranteed income supplement. This again is an important measure for Atlantic Canada. With 13.4% of our region's population over the age of 65 compared to only 12.7% nationally, this will assist our citizens to live their formative years with dignity. This was reinforced yesterday with the Prime Minister's visit to Charlottetown where he met with seniors.
There is also funding for a national child care strategy. In 2000-01 a full 55% of children under five years of age were in some sort of child care in Atlantic Canada, but only 20% were in a day care program. This needs to be improved. Statistics have shown that for every dollar spent on child care, there is a two dollar benefit. Investing in our children makes good economic sense as well as good social sense.
The Prime Minister has signed agreements with the provinces of Nova Scotia and Newfoundland and Labrador. We look forward to deals with New Brunswick and P.E.I. in the near future and more important, to implementing these deals.
There is also funding to further improve the business risk management tools available to our farmers. This means an additional $2 million for Atlantic Canadian farmers to enhance the agricultural cash advance program.
There is funding for the Coast Guard and for the oceans action plan. There is funding to increase immigration. There is funding for an Atlantic salmon endowment fund, as well as funding for ACOA. All of these I spoke of in my last address to the House.
With Bill C-43 our government builds on these commitments with funding for education, for the environment, for housing and for foreign aid. I would like to touch briefly on two of these initiatives in particular that ACOA has been very involved in promoting in Atlantic Canada.
The first is the environment. As the Minister of the Atlantic Canada Opportunities Agency, I believe that good environmental policy makes good economic policy. One clear example of the economy and the environment coming together to produce results can be seen in Atlantic Canada's environment industry. This industry has grown to include hundreds of companies specializing in such areas as waste management, remediation, water treatment and renewable energy.
Speaking of renewable energy, recently Industry Canada, the province of Prince Edward Island and private industry signed an agreement regarding a wind powered, hydrogen village project. It is part of an international attempt to secure an energy source for the future.
Many of our environmental initiatives have been achieved through programming such as our Atlantic innovation fund. Projects such as the Salmon River Salmon Association's project on acid rain, the University of New Brunswick's project on the treatment of biodegradable industrial waste water and the College of the North Atlantic initiative in wave powered pumping systems all demonstrate how ACOA is assisting Atlantic businesses and institutions to be innovative with environmental technologies.
I would be remiss if I did not also mention our government's ongoing commitment to the Atlantic wind test site on Prince Edward Island. It has been at the forefront of Canada's sustainable energy research for over 20 years and has the potential to provide even more leadership in the development of clean, safe and economic energy for the future.
ACOA has also been active with our education community through skills and entrepreneurial training. There is no doubt that if we want to build an innovative sustainable economy in Atlantic Canada and a quality of life for the long term, we need to make the right kinds of investments in our people today.
We have done this in several ways. One is through working with the Association of Atlantic Universities to foster innovation and skills development at our universities in Atlantic Canada. Our region is heavily populated with post-secondary institutions. Working collaboratively with these bodies is important to developing our economy.
We have also been active in skills development through training programs focused on innovation, our youth and assisting aspiring women entrepreneurs. This has allowed Atlantic Canadian businesses to increase the skills of their workers to compete in the global economy.
There are many examples of these programs in action that I can point to around the region, such as Atlantic Combustion Products of Amherst, Nova Scotia; ProfitLearn of Fredericton, New Brunswick; Unique Patterns Design in the riding of my hon. colleague from Dartmouth--Cole Harbour; or Testori Americas of Summerside, Prince Edward Island. All of them have taken advantage of our program to develop the skills of their workforces and encourage our young people to stay and work in Atlantic Canada. More needs to be done, and budget 2005 provides for this.
To recap, this budget provides funding for infrastructure for Atlantic Canadian communities; assistance for our children and our seniors; funding for skills training and education to allow Atlantic Canadians to stay and work in the region; initiatives to preserve our environment for the next generation; investment in immigration; funding for vital aspects of our traditional economy in Atlantic Canada, such as fishing, farming, defence and tourism; as well as funding through ACOA to look toward developing innovative economies in the region.
As the minister whose responsibility it is to cast an economic eye over Atlantic Canada, I know that all of these measures will help our region move forward to develop our economy, incorporating innovative Atlantic Canadian ways to build our communities and compete in the global economy.