Madam Speaker, over the past 18 months, our economy has been struggling due to the COVID-19 pandemic. Now, we have another looming crisis that threatens to drastically affect our economy and even shut down many Canadian production facilities.
There is a global shortage of precious and important semiconductors. I recently spoke with many local car dealerships that are having problems receiving new inventory due to this shortage. I have also been in discussion with Napoleon, a manufacturer of fireplaces and barbeques, which is headquartered and manufactures in Barrie—Springwater—Oro-Medonte. Napoleon's shortage is so dire that, in approximately seven days, it will be out of inventory. Therefore, it may no longer be able to manufacture product and could potentially be forced to lay off hard-working Canadians. This semiconductor shortage has the potential to affect tens of thousands of supply chain, manufacturing and distribution jobs across Canada.
I have brought this serious and imminent matter up with the Liberal government. Now, we all need to cross party lines to work together and avert this looming crisis and keep hard-working Canadians producing great Canadian products.