Mr. Speaker, I will be splitting my time with the member for Rivière-des-Mille-Îles.
I want to thank the hon. member for Selkirk—Interlake—Eastman for his motion today. I am sure that he has many qualities but timing is not one of them, because if one wanted to criticize a government for economic performance, one would think it would be done when things are bleak and jobs are not being created.
Just last Friday, Statistics Canada reported even better than expected job numbers with the creation of 77,000 new full-time jobs, the third-largest one-month increase in the past five years. Behind those numbers are individual Canadians, tens of thousands of them, tens of thousands who can begin to take greater control over their personal finances, tens of thousands who can provide a better life for themselves and for their families.
The latest data continues to show the significant gains made and the jobs growth since the middle of last year, a trend that economists are now citing as evidence that the momentum we set earlier this year is continuing. More than 38,000 young Canadians found full-time work last month, making it possible to save for next year's tuition, get into that first apartment, or buy that first home.
TD's senior economist Brian DePratto concluded, “We think the Canadian economy is in a very good place right now.” The economy is in a very good place indeed, thanks to very good management.
While the economy is in a very good place and we are starting to see a slow and steady recovery in Alberta, many people in my home province are still feeling anxious about the economic situation. I know this because I know people who have been affected by the downturn. They are my neighbours, my family, my friends, and my constituents.
That is why our government has provided significant support both in the short and long term to Alberta during this difficult time. In our very first budget we provided $250 million in fiscal stabilization funding to the Government of Alberta. We responded to significant levels of unemployment by extending El benefits for all Albertans who needed it, and we helped diversify our markets by providing $750 million in loans from Export Development Canada.
In the medium term, in budget 2017 we provided the province of Alberta with up to $30 million in grant funding to cover the interest costs on a $250-million loan, which will put more than 1,500 Albertans to work over the next three summers cleaning up orphaned and abandoned wells. The work will happen now and industry will pay back the loan over the next 10 years.
Since taking office, we have made historic investments in infrastructure in Alberta. My department has approved 138 infrastructure projects in Alberta worth a combined investment of $4.8 billion. As a matter of fact, today we marked a milestone. We have approved 3,000 projects since taking office, a combined investment of $23 billion in Canadian communities. The vast majority of these projects are under way, creating jobs for Canadians.
These include important projects to deal with waste water in Lacombe, Alberta, and highway improvements throughout the province. After a decade of inaction by the previous government, we finally secured federal funding for the Yellowhead Highway freeway conversion project in the city of Edmonton, my hometown.
What we hear from our municipalities and provinces is that they are very happy with the way we are making significant investments to support them in building the infrastructure that their communities need.
For the long term, we have a track record of energy infrastructure approvals that my friends across the aisle are envious of. We have approved three pipelines, including the Kinder Morgan Trans Mountain expansion, which will create 15,000 jobs during construction, and hundreds more permanent jobs.
This was made possible through the collaboration we have been able to establish with the Government of Alberta and Premier Rachel Notley. Through the climate leadership plan, and as part of the pan-Canadian framework on climate change, our government has proven that we can focus on energy and the environment together. Through this, we have accomplished results for Albertans and Canadians and will continue to do so.
The party opposite is offside with this approach. Conservatives prefer their failed approach of the last decade that did not see one single pipeline to tidewater approved. They were offside with every other party in the House, and offside with Canadians and Canadian businesses, which are telling them that pricing carbon is the single best way to spur innovation and reduce greenhouse gas emissions.
More than 60 businesses, labour, and environmental organizations have come out in support of pricing carbon. Here is what some of the members had to say. Pierre Gratton, president of the Mining Association of Canada, which represents 39 mining companies as well as several oil sands companies, said, “We think it's the best way to send a market signal to reduce emissions. This is something the industry believes. It's a generally held view that it is the best way forward to fight climate change.”
Apparently, this generally held view does not extend to the people on the opposite side.