Mr. Speaker, I would like to compliment my colleague, the parliamentary secretary, for his excellent speech today and his responses to questions thus far.
I want to draw to his attention the forest industry because there have been criticisms in some quarters about the forest sector. We have made the investment of about $100 million over four years for green energy technologies and production. I commend the member for drawing attention to the reduction on tariffs for the manufacturing sector.
I want to draw his attention to a press release that just came out today from the Forest Products Association of Canada in which it states that the Forest Products Association of Canada welcomes the spending initiatives and directions announced in the federal budget and saying that it will strengthen the industry's plans for renewal. It states:
From a forest industry perspective, the Government has its priorities right: investing in green jobs of tomorrow, stimulating the economy through clean energy technologies, and inviting investment by changing the Accelerated Capital Cost Allowance, will give Canada the edge it needs to move into the new bio-economy.
I wonder whether the member would like to comment on the accelerated capital cost allowance and how that will benefit the forest industry and all manufacturing sectors in Canada.