Madam Speaker, budget 2021 is a budget about investing in the future of our country; investing in the next industrial revolution and our digital transformation; investing in a cleaner, healthier environment and a new, green economy; investing in the participation of all Canadians in the economy, including women.
What we have put forward is a plan to see our business community through to the end of this pandemic and be well positioned for growth on the other side. Over a year ago, as the House knows, we introduced the Canada emergency wage subsidy, a program the like of which we had never before seen. This has directly supported the paycheques of more than five million Canadians, saving countless jobs and helping employees and employers stay afloat.
We also created the emergency rent subsidy, which has covered up to 90% of the rent of our small business owners for over 150,000 entrepreneurs and Canadian businesses across the country. I hear it from so many small business entrepreneurs: These programs have been a veritable lifeline. That is why in this budget we have set aside funding to extend these emergency pandemic business supports.
However, let us be clear. Canadian entrepreneurs want to grow. They want to prosper. They want to hire more workers, and they want to succeed in a strong and stable economy. Our budget creates the right incentives for growth in many different ways. From the Canada recovery hiring program, which is going to offset some of the costs of creating new jobs or increasing wages or hours, to the digital adoption program, which helps cover the costs of doing business online, we are supporting a strong recovery.
One of the very important economic lessons of the pandemic is that e-commerce is not a “nice to have”; it is a necessity. The digital economy is here, and it is here to stay. A 2020 study revealed that half of Canadian businesses currently operating online started doing so only within the last year. As we continue to promote the importance of our export market and all of the opportunities that are available to Canadian businesses through our many international trade agreements, being able to sell Canada's goods and services online is a key ingredient to further economic growth.
So is Canadian innovation. I think of the potential of applied research in this country. From the possibilities of quantum technology, in which we are investing $360 million, to our expertise in artificial intelligence, in which we are investing an additional $445 million, to our investments in photonics, genomics and more, the federal government is stepping up to support an economic recovery on the cutting edge of technology. This is where the world is going. This is where the economy of tomorrow is going, and Canadians will be there at the front of the pack.
When I think about it, this technology- and innovation-driven economy of tomorrow is practically an investment in Montreal's ecosystem and Quebec's emerging industries.
Think of the AI-powered supply chains supercluster here in Montreal, which will harness robotics. Think of Quebec's biomanufacturing industry. Think of innovative companies such as Medicago, which is developing a 100% made-in-Canada COVID-19 vaccine as we speak.
We are very fortunate to have leading research institutions such as the Université de Montréal, Polytechnique Montréal, HEC Montréal and IRIC. They will be vital to strengthening our national biomanufacturing capacity.
Think of the aerospace industry, too. This industry is based in Quebec and contributes more than $28 billion to the GDP. With its investment of $2 billion, the federal government is recognizing the importance of our Quebec industries. These investments will put the industry in a strong position once restrictions are lifted. It is also an acknowledgement of the power of Quebec voices within our federal government.
When Quebeckers are wondering whether to vote for an opposition party or a governing party, and when Quebeckers see what we can accomplish as members from Quebec and as a Quebec caucus within the government, the answer is quite clear.
We are here to advocate for Quebec with the Prime Minister and the Minister of Finance, in order to fulfill our commitments to Quebec and make sure the budget responds to our priorities with money, political will and meaningful results.
We cannot talk about the economy of tomorrow without talking about the green transition, which cannot be put off to another day. That day has arrived.
Is the federal government spending a significant amount of money in this budget? The answer is yes. These are real numbers that reflect a real plan to combat climate change. Our budget proposes nearly $18 billion for Canada's strengthened climate plan. These measures position Canada to reduce our greenhouse gas emissions by 36% by 2030.
Investing in our fight against climate change can and will be an engine of growth for our economy. This investment is critical, not only to protect the planet that we all inhabit and need in order to live, but also to grow and to prosper.
Through this budget, we are supporting the manufacturers of zero-emission technologies by cutting their taxes in half, and to spur new investments in clean tech, we are proposing to set aside $1 billion to fund specific projects. These are investments that will protect our environment for our children and our grandchildren, but they will also create the jobs we need today.
Our government is moving with the times. We can see where global investors are headed, and we need to be there for the pass. Canada must move ahead of the puck. This budget will get us there. Climate change is real, and $18 billion in new green investments is real money. This is concrete action on climate change, and it will have a transformative effect on our economy.
Before I close, as a mother of a three-and-a-half-year-old, I cannot speak to the budget without speaking to the importance of the historic investment we are proposing for early learning and child care for parents, for families and, of course, for the full participation of women in our economy.
As the parliamentary secretary for small business, I also cannot speak to the budget without speaking to the importance of our additional investments in the women entrepreneurship program. As a government, we are committed to tackling, head-on, the “she-cession” that Canada and so many other countries are facing right now. We have shown, through this budget, that a feminist economic recovery not only is possible but will bring home huge dividends.
This program is all the more important because, as we know, the crisis has particularly affected women. Since the start of the pandemic, more than 16,000 women have left the workforce, while almost 100,000 men joined it.
Quebec has the highest rate of participation of women in the economy in Canada and among the most impressive internationally. In fact, women in Quebec with children under the age of 3 have one of the world's highest participation rates in the economy. As a woman and a mother and, of course, as a Quebecker, I am proud to see that Quebec is once again leading the way for the rest of the country.
Our pan-Canadian early learning and child care plan is a plan for Canada’s future. What we propose in the budget is a plan to support Canadians today, while laying the foundation for a greener, more modern, more dynamic and more inclusive economic recovery.