Mr. Speaker, I rise to speak to Bill C-9, the 2010 budget implementation act. It is called the jobs and economic growth act, but that is a bit of a misnomer because there is absolutely nothing in this budget that will create the jobs and the economic growth of the future for Canada. It is important to consider this budget in the context of the challenges and opportunities that Canada faces in the 21st century.
This is not a normal recession, but rather a global economic restructuring. Canada cannot return to where we were before the recession if all the other countries have restructured their economies in order to move forward. We should never waste a good crisis.
We should never waste a good crisis. Throughout history smart companies, smart entrepreneurs, smart governments have used crises to change, to create opportunities. In fact, in Mandarin the word “crisis” is the same word as “opportunity”. Throughout history we have seen intelligent leadership during crises create remarkable wealth for people. That is not what is happening in Canada today. In fact, we are wasting a good crisis.
This budget is another example of the Conservatives' failure to provide any level of vision. While other countries are using their stimulus to make their economies more energy efficient, greener and more competitive in a global carbon-constrained economy, the Conservative government is doing nothing with this visionless budget to address the changing nature of the global economy.
The focus should no longer be on environmental responsibility, but increasingly on economic opportunities and energy security. It is very important to make our economy greener and more competitive for the jobs of tomorrow.
At the World Economic Forum in January, everybody from U.S. Republican senators like Lindsey Graham to industry leaders agreed that the new green economy and the clean energy economy is going to become the largest economic growth area of the 21st century. Lindsey Graham actually said, “Six months ago, I was opposed to putting a price on carbon in the United States because I felt it would create a disadvantage with the Chinese economy. Today, I believe that with every day we wait to put a price on carbon in the United States, we are giving the Chinese a head start in the emerging green economy”. That was said by a Republican senator from South Carolina who believes that the time has come in the United States to move forward with a price on carbon and green investments to create a more competitive economy in a global carbon-constrained world.
At Davos this year, France's finance minister, Christine Lagarde, said, “It's a race and whoever wins that race will dominate economic development”. She was speaking of the race for success in the green economy. The Conservative Prime Minister of Canada was the only leader at Davos who was saying that environmental responsibility and measures to address climate change will ultimately hurt the economy.
Other governments around the world are investing to create competitiveness in the global green economy, but not Canada. South Korea invested 79% of its stimulus into green technologies. This is to create 1.8 million green jobs in the growing sector. China dedicated $218 billion of its stimulus toward clean environmental technologies. On a per capita basis, the United States has put six times more money into green and clean energy investments than Canada has.
The Conservatives, however, do not look beyond next week's polls. They are so focused on next week's polls that they are ignoring the challenges and opportunities of the coming decades, particularly the opportunities in the green sector. Canada has one of the lowest proportions of green spending in its stimulus package of any OECD country.
In fact, a document from the World Economic Forum entitled, “Green Investing 2010: Policy Mechanisms to Bridge the Financing Gap”, lists the investments. In Figure 13, regarding the green investments of various countries, it lists clean energy stimuli by country in 2009, including the U.S., China, South Korea, EU countries, Japan, Spain, Germany, Australia, the U.K., France and Brazil. Canada, with a paltry $1 billion of investment in clean energy last year, was at the very bottom of that list in terms of investment in green technologies.
If we believe that the opportunities of the future are going to be in the green economy and clean energy and if we are going to fulfill the government's promise of Canada being a clean energy superpower, we have to start making those investments now. The government talks a good game, but unfortunately there is no first-talker advantage, there is only first-mover advantage. Other countries are moving and we are sitting still, and as such, we are falling behind.
Other countries have invested in research and development and innovation. In terms of scientific investment, our stimulus package in Canada has been among the lowest in the industrialized world. The problem is not only are we failing to create the jobs of today in what is effectively a jobless recovery, and it is a statistical recovery but a human recession, but we are not even protecting the jobs of today, let alone creating the jobs of tomorrow.
Almost one in five young Canadians is looking for work. Farmers have been devastated by drops in demand. The forestry industry has all but collapsed. We are leaving many Canadians without their livelihoods. This jobless recovery and human recession is devastating to a lot of Canadians as they hear the government boast of a recovery.
On page 34 of the government's budget, its own figures project that unemployment will continue to rise this year. We need to focus on protecting the jobs of today and creating the jobs of tomorrow.
We need to focus on the three Es: energy, the economy and the environment. We need to make Canada a global clean energy leader. We need to invest in clean conventional energy technology. We need to invest more in technologies like CO2 sequestration where we have a head start. Forty per cent of the CO2 stored anywhere in the world is sequestered in Weyburn, Saskatchewan. That was because the previous government, the Martin government, invested alongside the private sector in the technologies of the future. It put Weyburn on the map as a centre of excellence globally for CO2 sequestration.
Yet in December when the U.S. signed a deal with the Chinese government on CO2 sequestration, we were not even at the table. This is an area where we have the best technology and the best example of the implementation of that technology in the world in Saskatchewan and Canada was not at the table when the U.S. and China signed a deal on CO2 sequestration.
There are other examples of areas where we have a comparative advantage in clean energy technology. In Nova Scotia, for example, the Bay of Fundy has the highest tides in the world. We should be investing to harness those tides as a source of clean energy.
While many ordinary Canadians in fact want the government to provide leadership for the future, the Conservative budget actually looks backward. The fact is there are a number of areas of failure in the budget.
I want to also talk about the importance of healthy communities. Across Canada there is a need for investment in healthy communities.
In my riding we have facilities that are quite aged, for instance, Glooscap District Arena in Canning, Nova Scotia. There is the East Hants Sportsplex in the community of Lantz and the East Hants corridor area which has doubled in population in the last 10 years. There is also the Hants County Exhibition arena in Windsor, the birthplace of hockey no less. We need investments in these important recreational facilities. We cannot have healthy citizens if we do not have healthy community infrastructure.
The province of Nova Scotia has committed $5 billion to the East Hants Sportsplex. East Hants has committed--