Mr. Speaker, thank you for the opportunity to participate in this debate. Before I begin, I want to say that I will be sharing my time with the member for Winnipeg North.
During the last federal election, Canadians had a choice between the plans for austerity and cuts proposed by the Conservatives and, sadly, the NDP, and our plan to invest in the middle class to build an economy that works for Canadians.
After a decade of the Harper Conservatives adding to the national debt with little to show for it, Canadians can see first-hand that our plan works. More and more Canadians are working, wages are going up, and consumer and business confidence is high. The fact is that middle-class families are better off today than they were under the Harper Conservatives. Our government is making it easier for them to make ends meet.
I would point out to members that, before our government took office, the Canadian economy was in a slowdown. At the end of 2015 and the beginning of 2016, a concatenation of national and international economic factors threatened to push Canada into another recession. Canadians did not have the same confidence in the future that they do now.
The previous government's disastrous cuts had all kinds of effects, including on official language minority communities.
The Conservatives scrapped the court challenges program. They slashed CBC/Radio-Canada's budget, which had a major impact on regional coverage, including in francophone communities.
They got rid of the long-form census, which provided the kind of accurate information that is so important to official language minority communities. They never adjusted core funding for official language community organizations.
We, in contrast, are bringing back the court challenges program. We have invested in CBC/Radio-Canada. We are bringing back the long-form census, and we have increased core funding for official language community organizations by 20%. Those are just a few examples, but they illustrate why the government took immediate and decisive steps to address growth issues and Canadians' concerns by doing what had to be done: investing in Canada's middle class, in communities and in the future of Canada.
With our first budget in 2016, the government tackled the challenges facing Canadians and the Canadian economy head on. We focused our efforts on a few key principles meant to strengthen the middle class and the Canadian economy.
In addition, we took advantage of historically low interest rates to make responsible, targeted investments that would stimulate the economy in the long term. Those investments were meant to stimulate opportunities for long-term growth in Canada by emphasizing robust growth, job creation and widespread revenue increases.
At the same time, we recognized that our plan had to be financially responsible so as not to add to the burden of future generations.
Overall, the government knew that this was the right approach for producing the economic growth most likely to allay the concerns of Canadian middle-class families and restore confidence in our economy.
Those investments, combined with the hard work of Canadians, have helped create half a million good, well-paying jobs, and they will continue to strengthen our economy in a sustainable way.
However, to maintain the momentum and remain competitive in a complex global economy, we know that Canada must continue to innovate. We need to be more open to the world of science, technology, engineering and math.
As we have seen many times, innovation waits for no one. If we are not on the cutting edge, then we will be left behind. The government knows that. Together, we need to lead by example.
Today, it is not about working harder individually to earn less but about working together more intelligently to get more than we ever thought possible.
That is why we developed our innovation and skills plan. Over the past 18 months, the innovation and skills plan has made it possible to launch the pan-Canadian artificial intelligence strategy to ensure that Canada remains a global leader in that field. As a Quebecker, I know that Montreal and the province of Quebec in general are leaders in that sector. The government also launched the global skills strategy so that companies can have more predictable access to top talent.
The government also heard the strong and united message from the research community on the need to make new investments in the future of Canadian science, one that supports young researchers and embraces the increasingly international, interdisciplinary, and fast-breaking nature of leading-edge research. That is a sector that I worked in for a long time before becoming an MP.
I would like to recognize the good work done by the expert panel on Canada's fundamental science review, who presented a report on the state of Canada's fundamental science ecosystem, a review the likes of which we had not seen for over 40 years.
Informed by this work, the government took action in budget 2018 to help make Canada a world-leading centre for research and innovation. We did this by making a historic investment in the next generation of researchers.
Research broadens our understanding of the world, sparks new ideas and helps develop a workforce that is better able to meet challenges with creativity and confidence.
This is why, early this year, the government announced $1.2 billion for granting councils, an unprecedented investment of new money in fundamental research in Canada. This will lead to better opportunities for students and researchers, and some 21,000 top researchers, students and staff members will have access to more support and training opportunities across Canada.
Granting councils are responsible for developing new plans to diversify funding recipients, which would benefit a diverse group of researchers, including women, under-represented groups, such as racialized groups, and early-career researchers.
In conclusion, I remind members that the government's growth-generating investments, many of which I mentioned today, are offset by our government's sound fiscal management and commitment to maintaining a shrinking debt-to-GDP ratio. The federal ratio, which contrasts debt and the performance of the economy, is not only on a downward trend, but it is also expected to reach its lowest level in nearly 40 years.
Contrary to what the member seems to think, Canada is in good financial shape.