Mr. Speaker, it was this Conservative government that took action to preserve Canada's share of the North American auto industry.
We provided $700 million to the accounts receivable insurance program for auto parts suppliers; $250 million to the automotive innovation fund for research and development; and $12 billion to the Canadian secured credit facility to improve credit access for consumers to purchase and lease new vehicles
Because of these actions, we see a bright future for the auto industry. Statistics Canada tells us that 52,000 jobs have been saved as a direct result of our efforts.
Add another 800 jobs to that total. Today, Toyota announced that it will hire 800 workers at its automotive assembly plant in Woodstock. It is a major shot in the arm for Woodstock and a boost to my riding of Oxford.
I invite the House to join me in applauding the efforts of our government and the Minister of Industry in supporting Canada's auto industry.