Mr. Speaker, I am very proud to speak today on economic action plan 2013 act No. 2.
I believe that the results on which our country is now coasting, economic results that are the toast of the world over, relate to an approach to government and an approach to business for which this Conservative government is becoming renowned. It goes back to what a mentor once taught me many years ago when I was running a business in a very competitive environment in Taiwan. The lesson I learned was “may the niche be with you”. That means asking whether we can focus on something that is our calling, something that will lead us to success.
That is what I believe this government and this Minister of Finance have done, through more than seven successive, successful budgets. Again in this budget implementation bill, we see the same hallmarks of success.
Let us delve for a minute into what those successful results have meant for Canadians. What we have seen is the best economic results in the world. We have seen Canada's performance exceed that of all other G7 nations. We have seen over a million new jobs created since the recession began in July 2009. It is by far the best job creation record in the G7. Unemployment rates are below those of the United States; it is the first time in three decades that we have witnessed such an amazing, strong performance.
The International Monetary Fund and the Organisation for Economic Co-operation and Development have both said that Canada is likely to have the strongest growth in the years ahead. Our debt to GDP ratio is by far the best in the G7. In 2012 it was 34.6%. Germany was a distant second at 52%.
For the sixth straight year, the World Economic Forum has rated Canada as having the best banking system in the world. This would amaze the clients I dealt with in Asia when I practised law in that part of the world: Canada now has the lowest overall tax rate on new business investment in the G7. Canadians are facing the lowest tax burden in some 50 years.
Those are the hallmarks of success and the kinds of things we see implicit in this budget implementation bill. I say to people in government everywhere that if people could only follow the lead of this Conservative government's “may the niche be with you” focus on what is the priority for those it is governing, then we would see success everywhere.
Politics is renowned to be local, and I would like to just delve into some of the examples of these successful hallmarks as they have been manifested in the riding I have the honour to represent.
The first example is in the shipbuilding world. The hon. Minister of Public Works and Government Services announced, this month, a contract to Seaspan to build 10 additional large non-combat ships for our coast guard, in the Vancouver shipyards. This is a contract worth $3.3 billion. It is a blockbuster. It is going to create thousands of jobs, including many in the riding I represent.
That is just the beginning of the story. It is a story I would like to speak on for hours, not the few minutes that are allotted to me.
This Conservative government has seen a shipbuilding business, which was being written off as a sunset industry, become a sunrise industry in our great country. In addition to those thousands of high-paying jobs, we see economic development throughout the country. Industry analysts are saying that in total the national shipbuilding strategy is going to mean some 50,000 jobs across Canada and over $2 billion in annual economic benefit over the next 30 years. It is some sunrise industry.
This is one great example of “may the niche be with you”, how a focus on economic development and job creation is putting Canadians in good stead as we compete to create a truly international centre of excellence for shipbuilding in Vancouver.
A second example of how this government's laser-beam focus on the economy and jobs is creating success is in the pulp and paper world.
In the riding I represent, Howe Sound Pulp and Paper is one of the largest employers in one of the most important sectors in British Columbia. In 2010 a sizable amount of money was invested, not just in upgrading an important mill but in what was called the pulp and paper green transformation program, an excellent example of ensuring that the environment is the economy, a doctrine I am trying to cultivate both in the riding and throughout the country, a doctrine that suggests that our resources and our economy are not at odds with one another but instead are intertwined, something our Conservative government grasps and continues to endorse. We have seen this specific investment in the Sunshine Coast part of the riding I represent increase productivity in an environmentally friendly manner. “May the niche be with you”. We see that again being demonstrated in the pulp and paper industry.
More and more we are seeing that, in the world of the arts, this is an important economic driver. We have seen continued support by this government for the arts, in past budgets and directly or indirectly through the encouragement of this budget implementation act.
People are thronging to the riding I represent to attend festivals just like the two for which we announced funding in the last month, the Sechelt Arts Festival and the Sechelt written arts festival. These are two examples where our government, through a wise use of taxpayers dollars, is seeing those dollars leveraged over and over again by people in the arts who are in and of themselves demonstrating an international prowess that makes us the toast of the world in the arts while also creating economic development and jobs.
Let me move from shipbuilding through the arts to fisheries, another area where our government is investing and showing that when “the niche is with you” we can succeed.
In the last budget we saw two great strides forward for fisheries, and these came as a result of legislators representing British Columbians and other Canadians, who said we need to reward the amazing efforts of our volunteers who are improving fisheries habitat around the country. This is not just for the fisheries. This is for jobs and growth.
The recreational fisheries conservation partnership program was created, a great program that is seeding super projects around the country. Two of those projects were funded in the riding I represent, projects that will enhance fisheries habitat, that will encourage volunteers and will lead directly and indirectly to jobs and economic growth. I am speaking of the Evans Creek rewatering project and the Tiampo coho restoration project submitted by the Squamish Watershed Society. Kudos to the Sea to Sky Fisheries Roundtable and Pacific Salmon Foundation, which collaborated to make those a success. In the last budget, we saw enhanced support for the Pacific Salmon Foundation, one of the best volunteer organizations in the country.
These are all examples of how the Government of Canada has continued to support and build up successful industries, not only in British Columbia but throughout Canada. The niche is with this Conservative government. As a result of the government focusing on jobs and growth, both in the budget implementation act and in all of its actions, Canadians are benefiting and we continue to be the toast of the world.