Mr. Speaker, four years ago, the Prime Minister went to London to tout his corporate tax cuts. He sat in a locomotive at Electro-Motive Diesel, smiled and waved and assured the workers there that their jobs were safe. Why? Because his Conservative government was giving EMD a hefty $5 million tax break.
Today, those 500 jobs are gone, shipped abroad because those workers would not accept a 50% pay cut. And that $5 million? It is gone too. This is the true legacy of the Prime Minister's so-called job creation strategy.
Once a manufacturing giant, London now struggles with closed factories and good jobs that have been shipped away. Thanks to the government's reckless corporate giveaways and hands-off approach to foreign takeovers, thousands of families in London now struggle to make ends meet. The government has failed London workers and their families and it has devastated their community.
The Prime Minister says that he is creating jobs but the truth is that he has simply lost control.