Mr. Speaker, I do not know where my hon. colleague is getting his so-called facts from, but they certainly do not jibe with any numbers I have seen.
Let me reassure the hon. member that job creation remains a top priority for our government. Through Canada's economic action plan, we are taking real action to support investment, economic growth, and job creation, including initiatives that directly support the development of a skilled, mobile, and inclusive workforce within an efficient labour market.
Our efforts speak for themselves. First and foremost, we are well on our way to balancing the budget in 2015, and our economic action plan is strengthening the economy at the same time. Since July 2009, employment has increased by more than one million and is more than 600,000 jobs above its pre-recession peak, the strongest job growth in all G7 countries since the recovery.
Over 85% of all jobs created since July 2009 have been full-time positions, 80% are in the private sector, and over two-thirds are in high-wage industries. Real GDP is significantly above pre-recession levels, one of the best performances in the G7.
Both the independent International Monetary Fund and the Organisation for Economic Co-operation and Development are projecting that Canada's growth will be among the strongest in the G7 in the years ahead.
Canada is also the only G7 country to have a rock solid AAA rating with a stable outlook from all major credit rating agencies: Moody's, Fitch, and Standard and Poor's. The list goes on. However, this is not to say that our work is done.
The Canadian Chamber of Commerce, for example, lists skills shortages as the number one barrier to Canada's competitiveness. In response, our government has quickly put in place a range of concrete measures to directly support the development of a skilled, mobile, and productive workforce. Economic action plan 2014 proposes further steps in this direction.
It confirms, for example, that the Canada job grant will be up and running in 2014, which could provide up to $15,000 per person for eligible training costs, including up to $10,000 in federal contributions. The Canada job grant will encourage greater employer participation in skills training decisions and ensure that training is better aligned with job opportunities, particularly in sectors facing skills mismatches and labour shortages.
While the grant will require matching from employers, small businesses will also benefit from greater flexibility in their cost matching arrangements, recognizing the particular challenges they face.
To further address skills shortages, economic action plan 2014 also proposes to create the Canada apprentice loan program by expanding the Canada student loans program to provide apprentices registered in Red Seal trades with access to over $100 million in interest-free loans each year.
At the same time, it proposes to introduce the flexibility and innovation in apprenticeship technical training pilot project to expand the use of innovative approaches to delivering apprenticeship technical training.
Our government believes these findings underscore the importance of transforming skills training in Canada to ensure that funding supports the needs of the labour market.
Subsequently, this has also driven the government's commitment to promote education in high-demand fields, and the measures we have taken to financially support apprentices and the employers that hire them, including the apprenticeship job creation tax credit and the apprenticeship completion grant.
Supporting job opportunities for all Canadians is a commitment in which we have made important investments and we will continue to act, unlike the opposition, which votes against every job creating measure we have introduced.