Mr. Speaker, Canadian manufacturing is struggling against a high Canadian dollar, rising energy costs and global competition. These negative impacts have been felt in the region of Niagara where the manufacturing sector has been a vital component of the local economy for decades and a primary source of employment. Its decline has led to significant and unacceptable job losses and plant closures.
I compliment the St. Catharines-Thorold Chamber of Commerce, representing more than 1,000 local businesses and over 26,000 employees, for its intensive study and report on manufacturing, including its recommendation that the federal government provide targeted incentives for green technology in this essential area of our economy, as well as additional funding for research and development at our post-secondary institutions.
Such initiatives will put Canada at the cutting edge of green technology, helping stabilize and revitalize the manufacturing sector, while making it more resilient and competitive.
Urgent action by the Conservative government is essential to facilitate the transition into the modern economy and globalization. Niagara residents will benefit along with all Canadians.