Mr. Speaker, the economic downturn of the past six months has skewered the manufacturing heart of our country. The falling of commodity prices from their heights of last spring is chewing up the economies of all regions across our country.
Northern Canada is no exception to this. From diamond mining to exploration for new minerals, from the service industries to aviation, trucking and expediting of the oil and gas work in the Mackenzie Valley, the situation is grim and getting grimmer. Our laid-off northern workers are facing higher northern costs of living and unsatisfactory employment insurance benefits. Our businesses are struggling to stay alive.
Unfortunately, an upturn in commodity prices may not be the panacea we are hoping for. Higher commodity prices mean a higher Canadian dollar and downward pressure on the U.S. dollar. Higher energy prices will spur inflation not only here but also in the U.S.
The failure of this government to be honest with Canadians has hurt us already. Let us be realistic. Free market ideology will not provide leadership. It is time for Parliament to lead Canadians forward with a clear plan for the economy.