Mr. Chair, I will be sharing my time with the member for Aurora—Oak Ridges—Richmond Hill.
I want to thank all hon. members gathered here this evening to discuss yet another unfair trade action against an industry that deserves much better from our American neighbours.
The softwood lumber industry is one of Canada's largest employers and has been throughout our history. It is woven in the sinews of our nation and a source of pride for Canadians. Many of the thousands of jobs are challenging and involve tough work in remote places, but the work is rewarding and contributes to the strength of Canada's middle class. It is especially vital to indigenous communities, whose relationship with our forests dates back centuries. Therefore, it is disheartening for these workers and their communities to face increased duty rates as part of the continuing, unfair and unwarranted U.S. trade action.
Our government is deeply disappointed and we have expressed our frustration to our American counterparts at the highest levels. I hope all members will work through interparliamentary forums and use any and all contacts we all have, whether through business, family or friendships, to make clear our position across the border. It is imperative that we take a team Canada approach. Our shared message today is that these are unfair duties that are bad for workers on both sides of the border and they have always led to higher U.S. housing construction costs, something that no economy in the world needs right now.
I can assure my colleagues that we have and will continue to vigorously defend our industry and its workers, and we are confident of success. Why? Because over decades, regardless of which party was in power, Canada has fought similar actions. These legal battles are expensive, lengthy and painful for vulnerable communities, yet trade tribunals have ruled consistently in our favour. While we are confident in our legal position, we must also do everything we can to help impacted communities, and our track record is strong.
During the height of the 2017 dispute, our federal government launched a task force with our provincial colleagues right across the country to consult on ways to defend the industry and its workers, and their respective communities as well. We followed that up with the $867 million softwood lumber action plan. It included market and product diversification initiatives and programs to assist affected workers. We have continued to invest in this industry.
In 2019, we renewed the forest sector competitiveness programs, an investment of $251 million over three years. These programs support market access and encourage innovation in order to create new opportunities for the sector. We have had numerous success stories, including many that have also advanced our federal government's robust plan to reach our 2030 and 2050 climate goals.
We are seeing tall buildings go up in B.C. and Quebec, built principally from wood fibre rather than steel and cement. Car part components made of wood are also making vehicles lighter and more fuel efficient. We believe Canada can capitalize on an emerging global bio-economy expected to reach $5 trillion annually by the end of the decade.
We have also made major investments to confront infestations of the mountain pine beetle, the spruce budworm and the emerald ash borer.
There are many other examples to illustrate how our government has defended this industry and its workers, and that should give all members and all Canadians the confidence that we will do so again.