Mr. Speaker, Canada's economy has now created nearly 600,000 net new jobs since July 2009. However, we do sympathize with Canadians who have recently lost their jobs.
As we have said all along, we are not immune to the global economic turbulence being felt by our largest trading partners, the United States and Europe. As witnessed by recent events in Greece, the global economic recovery remains fragile.
Canada will be impacted by these events from outside our borders. That is why we are working to implement the next phase of Canada's economic action plan with measures to create and protect jobs, such as a hiring credit for small business.