Madam Speaker, thank you for allowing me to resume debate. I would also like to thank technical services for their support.
We plan to increase our forest cover by 1.2 million hectares, an area twice the size of Prince Edward Island. Doing this will cut overall emissions by up to 12 megatonnes by 2050, all the while we are creating more than 4,000 jobs. There are additional benefits. This commitment will also create more habitat for wildlife, improve biodiversity, and enhance our ability to restore habitat for species at risk, like the boreal caribou and migratory birds.
Still, this is a complex undertaking that takes time. We must work closely with provincial and territorial governments that own and manage 90% of Canada's forests. Of course, we must work with indigenous groups, continuing to build capacity and focusing on partnerships.
We also have to contend with delays caused by the pandemic. That is why, early in the pandemic, our government put up $30 million to help small and medium-sized businesses in the forestry sector, including tree planting companies, to offset the costs of COVID-19 safety measures. This helped keep workers in nearby communities safe, all the while that more than 600 seedlings were successfully put in the ground.
The main reason we are approaching this carefully is that planting trees is a complex and delicate undertaking, as I said. We must plant the right tree in the right place at the right time, and ensure that seedlings in nurseries and young trees survive, providing us with their long-term benefits. For instance, which trees do we choose to ensure that new forests or reforested areas can withstand a warming climate, or which trees and techniques will restore particular habitats, and how do we ensure that newly planted trees near city streets survive their urban environments?
Clearly, the federal government cannot do this alone, which is why we are also talking with municipalities and community groups, non-governmental organizations and green entrepreneurs, philanthropic and conservation organizations, universities and colleges, indigenous communities and organizations. This is indeed an enormous and complex initiative, and one of the most ambitious tree-planting endeavours in the world. We believe it will pay dividends over generations, well beyond 2050. We are going to start by planting trees in urban areas across Canada this spring.
I will wrap up by saying that this pandemic has been tough, and often frightening for our youngest children and vulnerable seniors, but it has also helped us see the forest through the trees, to recognize what we value, including our natural world, its ability to restore our planet's health and its role in helping us rebuild our economy the right way, with sustainable jobs and vibrant communities.
I urge all members to support Bill C-14 so we can make this happen.