Mr. Speaker, we on this side of the House, through our economic action plan, are committed to what matters most to Canadians. That is jobs, growth and long-term prosperity. We on this side of the House recognize our obligation to leave a legacy not only for the current generation but also future generations of Canadians and, therefore, that we need an economy that is sustainable and always in a position for growth. We want young people to be excited about the prospect of getting their first paycheque, or the challenge of starting a new business. This is something that we on this side of the House are fully aware of and committed to.
The budget itself is a plan, a road map. We began that plan back in 2006. Through the economic action plan we have created 825,000 new jobs since July of 2009. We have been recognized by leading economic organizations around the world, from the World Economic Forum to the Economist Intelligence Unit, to the OECD and the IMF, as having the strongest economy of the G7 countries. We have the best job growth, the strongest financial sector and the best banking system. That is by no coincidence. It is from making the right choices. We on this side of the House have made those right choices. We have the best Minister of Finance in the world making those choices.
The budget is based on a number of pillars. The first pillar is job growth. As I indicated earlier, we have a plan in place that has created hundreds of thousands of new jobs. It is the best job growth record in the G8. By doing so, we have created more taxpayers, more communities and a better quality of life for our citizens. That is important.
It is important at the end of the day that people have the dignity and self-respect of a job, from which they can go home and spend quality time and engage with their families. They can only do so with the dignity of having a job. We have been on the forefront through our policies of creating those economic conditions through lower taxes and putting more money into the pockets of ordinary Canadians. They know how to spend their money better than government does and they make the right spending decisions. Through a lower tax system we have been able to accomplish those goals.
The second pillar is trade. We on this side of the House believe in free trade. I know the official opposition has been against every single free trade agreement we have proposed, and not only our agreements, but even going further back. It was against the free trade agreement between Canada and the U.S. It was against NAFTA. All of those agreements have since been proven to be beneficial to our country, creating jobs, investment and economic prosperity. Nevertheless, the opposition has said it is against complete free trade.
It reminds me of when I was in high school learning about American history in the Depression era, when Americans set up trade barriers around its country through the Smoot-Hawley tariff act. That is exactly what the NDP wants to do. It is against trade. We on this side of the House are in favour of trade because trade creates jobs, and so many Canadian jobs depend on trade.
Another pillar is immigration. We are reforming the immigration system and basing it on the kinds of jobs that our labour market will need going forward. We have a labour shortage in the country and will require more skilled labour as we move forward.
Another pillar is innovation. We have created a $400 million venture capital fund so that exciting new entrepreneurs can create new products that can be introduced to the world.
We are on the right track on this side of the House. We are creating jobs, growth and long-term prosperity. We are not talking about imposing a $21 billion carbon tax that would kill jobs and destroy our economy. That would take us back light years in terms of economic development. With Halloween coming up, it would even add to the cost of candy for our kids. That is what a carbon tax would do. We on this side of the House are firmly against it.
I encourage members on that side of the House to support the economic action plan to create jobs, growth and long-term prosperity in the country.