Mr. Speaker, I rise in the House today to express my gratitude for the generosity of Essar Steel Algoma.
Yesterday, Essar created a community investment fund of $5 million to help support community development in Sault Ste. Marie. This is a great example of how our government's low-tax policy is helping corporations to invest in their local communities. I am proud to be part of a government that encourages job creation and economic growth, instead of penalizing productivity through high corporate taxes.
Hard work in the private sector is the backbone of this country. The CEO of Essar put it best when he said:
Our community's ability to attract and retain qualified professionals and highly skilled personnel is dependent upon the city's economic vitality and social fabric.
Essar put its money where its mouth is and invested in the community of Sault Ste. Marie. We thank Essar Steel Algoma for leading the way in job creation, corporate responsibility and unbridled generosity. Sault Ste. Marie is grateful for its presence and activity in our community.