Mr. Speaker, on July 1, the audiovisual coproduction agreement between the Government of Canada and the Government of India will come into force. It will allow producers and creators to combine their resources and expertise to develop audiovisual co-production projects contributing to the economies of both countries.
Canada takes pride in being a world leader in audiovisual treaty co-production. In the past 50 years, Canada has signed audiovisual co-production treaties with 53 countries.
In the past 10 years alone, Canada has produced close to 681 audiovisual co-productions, with total production budgets of close to $5 billion.
In 2012-13, Canada's audiovisual sector generated almost $6 billion to the Canadian economy and created approximately 130,000 jobs.
As always, this government strives to promote jobs, growth and long-term prosperity. Canadians are disappointed that the anti-trade and pro-carbon tax NDP cannot say the same.