Mr. Chair, our economic action plan has resulted, after a robust stimulus program during the depths of the recession, in the creation of one million jobs, and in a debt level, which is one-half of that of the G7. We are expanding our trade with the world, most recently with Korea, the first Asian country with which we have entered into a free trade agreement. Then there is the landmark agreement in principle with the European Union, which will bring in half a million new consumers, a $17-trillion economy.
Through our responsible natural resource development program, we will capitalize on the opportunities that $650 billion of projects over the next 10 years will present. We will only go ahead with projects that are safe for Canadians and safe for the environment, but we believe we can do both. We can develop our resources and do it in a way which is safe environmentally.
Through a whole host of measures, including the reduction of taxes to a lower level than they have been in 50 years, our government is working for Canadians to build a prosperous future for all Canadians from coast to coast to coast.