Madam Speaker, I have had the privilege of learning from the thousands of residents of Mississauga—Erin Mills over these past four years. From knocking on doors to hosting 45 town halls, to helping over 4,000 families with their individual cases, to advocating for support for organizations, to promoting small business, I have had the opportunity to be the voice for my riding here in this place.
I start my remarks today on budget 2019 by thanking the residents of Mississauga—Erin Mills for trusting me to be their voice and to advocate on their behalf.
Today, I would like to focus my remarks on the impact that our Liberal government has had on the everyday lives of my constituents and how budget 2019 enhances that positive impact.
Mississauga—Erin Mills is home to the University of Toronto's Mississauga campus. It is a beautiful campus with lush green spaces, amazing architecture and incredibly engaged students. On occasion, one can spot a deer wandering from the Credit River nearby. However, what brings me back to the campus time and time again are the students. I have had the pleasure of meeting them on numerous occasions during campus events, coffee meetings and classroom visits.
When we speak of students, I find that we often speak of youth, but in my experience, the student body is far more varied. In my visits, I have met single mothers working for their degrees to better provide for their children, and women in their thirties and forties pursuing the means to a better career or pursuing their passions for the first time. I have met seniors who, in their retirement, are studying, learning and engaging with questions that they have had all of their lives. When I meet these students and listen to their stories, I better understand the issues that matter most to them.
These conversations with Canadians, knowing their struggles, hopes and ideas, are what inspires our government to make real investments to create a better quality of life for all. This commitment has informed budget 2019, as it has informed our budgets each and every year of our mandate.
As we continue forward on our path, the path that Canadians chose in 2015, a path of hope and hard work and the pursuit of a more positive future, I find it is also important to look back on where we started and how far we have come.
I saw employment ads back in 2014 and 2015 that were looking to hire for an entry-level position but required five years of experience, or for internships of six months, unpaid, for 40 hours a week. That was the reality facing youth in Canada. It is difficult for young Canadians already facing massive debt from their education to find work, let alone work in their field, and harder still to find work that is paid. I met one new graduate who had taken on an unpaid internship and just to afford the commute to downtown Toronto was forced to work a second job on evenings and weekends.
Young Canadians struggle to find the means to move out on their own to start their adult lives, and despite their hard work, many live in poverty.
Since 2015, our government has worked to create a better quality of life for young Canadians and we are continuing that commitment in 2019. In 2016 and 2018, we invested over $80 million to create the student work placement program, supporting 8,400 student placements to better prepare students to pursue a career in STEM and business. We are continuing this commitment through investments that will create 84,000 new work experience placements. We invested in the youth employment strategy and have committed $49.5 million over five years to modernize it and ensure all youth have an equal opportunity to succeed.
Through our investments, we more than doubled the number of opportunities created through the Canada summer jobs program, totalling more than 70,000 jobs for students last year and even more this year. In my riding, that meant over 1,500 jobs for youth. We also eliminated unpaid internships in federal sectors to ensure Canadians receive fair payment as they pursue meaningful work experiences.
To further tackle student debt, we are investing $1.7 billion to not only lower the interest rates on student loans, but to eliminate them entirely for the six-month grace period.
We are implementing a first-time homebuyers incentive to support young Canadians looking to move out and purchase their first home.
For those who are struggling and facing mental health challenges, we are investing $25 million to implement the pan-Canadian suicide prevention service.
One of our commitments to Canadians is that we are a feminist government, one that works to ensure equality of opportunity for everyone across the country. The struggle for equal rights for women has a long history and we are doing our part to promote gender equality in Canada and around the world.
This challenge to overcome systemic gender discrimination and violence requires hard work, and that is our commitment. Not only did our Prime Minister appoint a gender-balanced cabinet and a full department for women and gender equality, we also invested $2 billion in Canada's first women entrepreneurship strategy, with a goal to double the number of female-led businesses by 2025, as well as increasing the participation of women-owned enterprises in federal procurement by 50%.
We have introduced proactive regulations to guarantee equal pay for equal work for women in federally regulated industries and taken steps to boost women's participation in the workforce.
Every month, the Canada child benefit puts more money, tax-free, into the pockets of nine out of 10 families, including those led by single mothers, and is lifting 300,000 children out of poverty.
In 2015, we heard stories of seniors in my riding who were struggling to make ends meet. Their pension benefits had been clawed back or lost entirely as their providers went out of business. Their retirement had been pushed back due to legislation that unfairly increased the age of eligibility. I met seniors who were forced to choose between paying for food and heat or their medications. The seniors of Canada worked all their lives to shape this beautiful country and they deserve to retire in peace and dignity.
Since 2015, we have been investing in their quality of life. We consult with seniors and we are continuing to implement supports to help them thrive through budget 2019. We have boosted benefits for nearly 900,000 seniors in Canada. Through our top-up payments to the guaranteed income supplement, we have lifted over 57,000 out of poverty.
Building on this, we have committed $1.76 billion over four years to enhance and extend the earnings exemption to include self-owned businesses. We have already restored the age of eligibility for retirement back down to 65, the way it should be, and we will be proactively enrolling CPP contributors over the age of 17.
We are implementing legislation to protect pension benefits even in the case of corporate insolvency.
We have empowered seniors through increases to the new horizons for seniors program, which continues in budget 2019, with the addition of $100 million over the next five years to create even more programs supporting seniors across Canada.
Last year, our government appointed a minister for seniors to advocate for the support that our seniors deserve. I was proud to sponsor the e-petition that called for this appointment.
As members can see, we have come so far in what feels like such a short time. There is still a lot to do and we are just getting started.
Our plan to invest in Canadians is working. Over one million jobs have been created. More than 800,000 Canadians have been lifted out of poverty. Our unemployment rate is the lowest it has ever been in over 40 years.
Budget 2019 is a framework for the next steps in our plan to improve everyday life for Canadians living in Mississauga—Erin Mills and across the country, from coast to coast to coast.
The fact is that I have barely scratched the surface in my speech. As we move ahead with our plan to fight the effects of climate change, our strategy to bring Canadian businesses to new markets and our efforts to make Canada a shiny example of equality of opportunity for all, we will always remember and renew our commitment to Canadians. That commitment is of hope, hard work and the path toward positive change.
In 2015, Canadians chose this path because they believed in a better quality for life and they believed in a better future. That is what we are delivering.