Mr. Speaker, let me give a bit of a sense of this to those who might have been following the debate over the last number of months here in the House of Commons. Let me give a sense of the reality of what has taken place since the last federal election.
I think we do need to take a more holistic approach, because the picture that the Conservatives paint every day, whether inside or outside the House, is one that leads to an opinion, which the Conservative leader says all the time, that Canada is broken, when actually nothing could be further from the truth.
Looking at the lead-up to the last federal election just over a year ago, we can ask what was on the minds of Canadians back then. People were concerned about Trump, the tariffs, trade and the issue of crime. Those were the top four issues that were raised with me constantly. Health care was also something that was raised. I would like to be able to attempt to deal with those.
The issue of affordability really started to gel and come to the surface just prior to the election, when the Prime Minister made the commitment to get rid of the carbon tax. Members will recall that it was the very first initiative that our Prime Minister took.
Then we went into an election where, by far, the issue was, as I say, the three Ts: Trump, tariffs and trade. We made a commitment back then to Canadians that, as a government, we would build one Canadian economy. We would look at diversification of our trade. We would look at how we could attract more investment into Canada.
Canadians had the opportunity to take a look at the Prime Minister's background and what it was that the leader of the Liberal Party was proposing during the last federal election. They understood that he had been the Governor of the Bank of Canada, a Stephen Harper appointee. He was not a Liberal appointee. It was Stephen Harper who appointed him to be the Governor of the Bank of Canada. He then went on to be the Governor of the Bank of England.
The Prime Minister's economic credentials are not questionable. He is someone who has been looked at as a source, in many different ways, of providing economic advice, not just here in Canada. Canadians contrasted him to, as I have said before, the leader of the Conservative Party, who is, much like myself to a certain degree, a career politician. That is not to take anything away from career politicians, but I do believe that, at a time when Canadians were looking for someone to take care and provide that sense of security and understanding of the economy, they chose, I would argue, the right person. Never before had the Liberal Party of Canada received as many votes as it did in the last national election. I attribute that in good part to the background of Canada's Prime Minister.
We should take a look at some of the things that have taken place since we first formed government. I already made reference to getting rid of the carbon tax. The government, shortly after the election, brought forward legislation, in particular, Bill C-5, and a commitment to Canadians to reduce the middle-class tax rate, and 22 million Canadians benefited from that tax break. Our population, by the way, is just over 40 million people.
We also brought in legislation to bring forward a one Canadian economy. I remember, shortly after the election, how busy the government was in terms of reaching out to and consulting and working with premiers, indigenous leaders, business leaders and union leaders, in whole or in part, to really amplify how important it was that we work collectively, in a collaborative fashion, to build a stronger and healthier Canada that is there for all Canadians, in every way, whether it was of an economic nature, a health care nature or a crime nature.
In order to be able to achieve that, we have to have a sense of co-operation. There needs to be collaboration. Many of the responsibilities that I just listed off are joint responsibilities. When we talk about building a one Canadian economy, that means taking down the barriers that would allow for more trade, whether it is merchandise or labour, among the federation. We actually did that. We took down the national barriers. We also continue to encourage, where we can, like-minded provinces and territories to do likewise. We have seen significant progress in that area. There have been significant initiatives taken by provincial jurisdictions in Canada to build upon the principle of a one Canadian economy. I hope that we continue to see barriers being taken down.
The Prime Minister also made a commitment to build a stronger Canada by investing in infrastructure and in major projects, again, looking to the different stakeholders in particular provinces and territories, indigenous leaders and others, to identify what those major projects should be.
The office is located Alberta, which is one of the driving economic forces in the nation. I was pleased at the decision to locate the Major Projects Office there.
When we take a look at the amount of investment that is projected to go through that office, we are talking somewhere in the neighbourhood of $150 billion. Those are investments that are going to be throughout our nation. Every region of Canada will invest because we have a Prime Minister who understands the federal system and understands the benefits of working collaboratively with others to ensure that we have the right projects and that all regions of our nation are going to benefit.
We talk about, and we will put into place, Canada being an energy superpower in the world. Members can take a look at the major projects that we are talking about from coast to coast and will see the potential of things like energy and wind power in Atlantic Canada. We can talk about nuclear power in Ontario. We can talk about fossil fuels in Alberta, Saskatchewan and the Prairies, where I am from. I have lived many years in all three provinces. I have a personal thing that I love about our Prairies. In B.C., we have LNG. The opportunities are there. They are real. They are tangible.
The Prime Minister, the cabinet and all Liberal members of Parliament understand why it is so important that we do not do what the Conservative Party is saying and just get out of the way. To me that would be silly. We recognize that the government has a role, and we have seen that in a very tangible way with these major projects. They are just some of the things that I talk about with regard to energy.
We can talk about our resources and mining opportunities in northern Canada. In Saskatchewan, there is potash and copper. In B.C., there is copper. We have a forest industry that we are supporting in whatever way we can today, because we want it to be there for future generations. We understand the true value of the resources that Canada has and the ways we can work through consultation, in particular with indigenous peoples, provinces and territories. When I talk about the idea of building bigger and better, we can do it at the same time as protecting our environment; expanding, where we can, our national parks; and protecting our waterways, all of which are very important to this government. We will do the work that is necessary to ensure that there is sustainable development, because we recognize that is the expectation that Canadians have.
We have seen things in this budget and in the budget implementation bill that I would have thought every member of the House would have been in support of. I was disappointed in the collective opposition parties, in terms of their not seeing the benefit of a sovereign wealth fund. They come up with excuses to try to justify their position on it, but they do not realize there are many nations that have sovereign wealth funds. It has been demonstrated that they can work and that they can be effective. This is a wonderful opportunity for the government to allow Canadians to invest. It is a wonderful opportunity for us to see the types of investments that we are going to need in order to get many of the major projects not only off the ground, but completed.
This government and this Prime Minister have a very high objective. The bar has been set at a trillion dollars over five years, and we are committed to achieving that and to making sure that we continue to strive to make Canada the strongest economy in the G7, and we are prepared to do the necessary work.
We need to realize what has taken place south of our border. It has had an impact; let there be no doubt about it. That is the reason we have the tariff issues. We have supports in place to protect some of our most valuable industries. We will continue to have the backs of the workers who are being most affected by some of the decisions that are being made in the United States today.
However, having said that, as the Prime Minister indicated in the last election, we are committed to diversifying our trading opportunities far beyond the Canada-U.S. border.
That means taking a look at export opportunities in areas where we have seen trade agreements brought to the floor of the House. There were two, one with Indonesia and one with Northern Ireland and the U.K. That is legislation we have already passed through the House, not to mention the dozen other trade agreements that were signed.
We are talking with two great nations that I am a very big fan of, India and the Philippines. The Prime Minister has had communications directly with both the President and the Prime Minister. I am very optimistic that Canada will have trade agreements with the Philippines and India in 2026.
Canada is the only nation to have trade arrangements and agreements with all G7 countries. Canada is a trading nation. We make up 0.5% of the population, yet we contribute 2.5% to world trade. We understand the importance of trade and we have been very successful at reaching out. If we talk to the Prime Minister or other ministers, like the Minister of Agriculture, the Minister of Foreign Affairs or the Minister of International Trade, what we hear when they come back is that everyone wants to do business with Canada. We need to set the stage to allow that to happen. That is why we have a Prime Minister and a government committed to being in Toronto this September, where we are going to have investment, ideas, thoughts and billions in potential out there that we need to secure to help build Canada strong.
I can tell members that there is a very strong social component to this government. We are committed to the Canada Health Act. We are committed to supporting people through our social net. Whether it be for seniors, young people or people with disabilities, we are providing those core services that are absolutely essential. We are continuing to support programs such as the OAS, the GIS and the New Horizons program, all of which are for seniors. With respect to health care, whether it is dealing with things such as mental health, home care or providing that financial support, we continue to support it financially in a very big way. No government has given more money toward health care than the current government, and there were no cuts made there. At the end of the day, we need to focus our attention on the way we can continue to see that growth.
At the tail end of his speech, the last Conservative speaker talked about the military. I indicated that it is truly amazing that the Conservatives spent at one point just under 1% of the GDP on the military and the Canadian Armed Forces. This government, under this Prime Minister's leadership, has already hit 2% of the GDP. However, that is not good enough. We are also looking at ways to modernize, generate and support a military industry. Canada already contributes worldwide in that industry area, but there is so much more that we can do. Just earlier this week we had a good example of that. By working collaboratively with our international allies, there is so much more potential. Unlike the Conservative Party of Canada, we will not neglect that area because we see the potential. Equally, we have legislation before us that will enable us to grow.
Yes, there will be some bumps as we go forward, but let there be no doubt that every single Liberal member of Parliament is committed to building Canada strong, a Canada that is there for every Canadian, and we will have their backs.