Mr. Speaker, our government's number one priority is the creation of jobs and economic growth.
I am pleased to announce that today the Prime Minister welcomed Kongsberg Defence and Aerospace's decision to create jobs and invest in Canada by opening a new manufacturing facility in London, Ontario, which is just down the road from the riding of Oxford.
The new facility is expected to directly create up to 100 jobs in the London area, with a further 500 jobs through supplier activity. These are the kinds of knowledge intensive jobs on which the highly developed economy of the future will be based.
Kongsberg's decision confirms that Canada has the right conditions to attract and nurture the new economy. Canada is open for business and will emerge from recession more powerful, more competitive and more prosperous than it ever was before.