Mr. Speaker, today's motion is on a serious topic. However, it is written in a very unserious way.
As we know, the United States has fundamentally changed its approach to trade with countries around the world, not just with Canada. However, given our geographic proximity to the United States and given the fact that it is our main trading partner, this tariff dispute, which we did not initiate, is having specific repercussions on the Canadian economy, our workers and our businesses. At the same time, conflicts around the world, particularly in the Middle East and Europe, are having significant impacts on supply chains, which in turn affect the global economy.
In light of today's challenges, Canadians do not need political theatrics. They need a serious plan to strengthen our economy and make it more resilient. In last year's general election, Canadians had a choice between a team offering empty slogans and divisive politics, and a team with a plan to strengthen our economy. That is exactly what they chose.
Since our election, we have been working to diversify the Canadian economy, facilitate the implementation of major projects of national interest, strengthen domestic demand, and support our workers and businesses.
When we look at the motion tabled today, it is clear that the official opposition is not taking the current challenges seriously enough. Once again, it is presenting us with a motion that seems designed more to fuel social media content and generate sound bites than to propose concrete solutions and work with us for the benefit of the Canadian public.
I can list a few examples to illustrate our work and the results we are achieving. When it comes to economic diversification, we have been working for over a year to strengthen our trade partnerships around the world. This enables our businesses to access new markets and, at the same time, attract foreign investment to Canada.
In fact, over the last 12 months, we have made significant progress in this regard. We have signed more than 20 new economic and defence partnerships and secured nearly $97 billion in foreign investment commitment. These are concrete results. They have an impact on the Canadian economy as well as on the ground, in our ridings.
For example, agriculture is an important sector of the economy in Madawaska—Restigouche, where many farmers grow potatoes. The new agreement with Mexico will give Canadian potato farmers access to a market of over 130 million consumers. I have talked to business owners in my riding about this, and they are very excited about the benefits of this new agreement. That is how we build a strong economy: by providing new markets and new opportunities for Canadian businesses.
I also want to mention that, in our work to strengthen the Canadian economy, we are also looking to develop new sectors and build capacity in areas where we may be less competitive right now. I will use the commercial space industry as an example. Right now, Canada is the only G7 country without sovereign space launch capabilities. That means that our country, our businesses and our institutions have to rely on foreign countries, particularly the United States, to launch their satellites into orbit.
This reliance has real-world consequences. It is diverting investment to other countries. Naturally, since we lack sovereign space launch capabilities, investors turn to other countries. This leads to costly delays for our companies, since they need to launch their satellites through other countries. In addition, our critical infrastructure is at the mercy of decisions that are beyond our control.
In an increasingly uncertain and competitive world, Canada can no longer rely on others to guarantee its access to space. That is why we introduced a bill on Canadian space launches. This legislation will be a real game-changer by establishing the framework needed to build Canada's own space launch capabilities. The idea is to boost Canada's commercial space launch industry.
These changes will have real benefits for the Canadian economy. They will help develop a new commercial space industry in Canada and create numerous opportunities, particularly in the telecommunications sector. This is a particularly promising area. We often hear about connectivity problems in rural areas. Certain emerging technologies like low-earth orbit satellites show a lot of potential for improving connectivity in regions that are currently underserved by cellular networks. However, if we want a seat at the table, we need to have the capacity to develop these technologies in Canada and then be able to launch our own satellites. This also opens up all sorts of interesting opportunities in navigation and natural resource development in remote regions, as well as in the defence sector.
This will also help reduce costly delays for Canadian businesses. We also expect it to attract billions of dollars in investment to Canada. In fact, since the announcement of this bill, several Canadian and foreign space launch companies, as well as foreign governments, have approached our government to signal interest in doing business in Canada for satellite launches. This is creating new partnership opportunities with our NATO allies and strengthening Canadian sovereignty. It is a concrete example of how our plan to strengthen the economy also helps strengthen our defence capabilities and our sovereignty. Moreover, as a member from an Atlantic riding, I am pleased to note that this potential is particularly significant in the Atlantic provinces, where several spaceports are under development, including the Maritime Launch Services spaceport in Nova Scotia and NordSpace's Atlantic Spaceport Complex in Newfoundland and Labrador.
When we talk about investments that will strengthen the domestic market, when we talk about investing in infrastructure, building housing and delivering major projects of national interest, we have to start by investing in our workforce and our workers. In last month's economic update, we announced a plan to increase the number of workers in the country's Red Seal trades. For starters, apprentices attending technical training can get up to $400 in financial support per week—$16,000 per year—plus a $5,000 bonus when they obtain their certification. We want to give them a financial incentive to help them complete their training from A to Z. We will also provide financial support to small and medium-sized businesses that offer on-the-job training because apprentices have to accumulate a certain number of hours to get certified. Specifically, we will provide up to $10,000 in wage subsidies to small and medium-sized businesses that take on apprentices. This is an effective way to increase the number of welders, electricians, plumbers and carpenters, to name just a few. These workers are essential to achieving our ambitious goal to build more in Canada.
When we talk about providing employment opportunities, we also need to talk about youth. In budget 2025, we announced increased funding for the Canada summer jobs program. In my riding, it amounts to an investment of over $1.5 million this summer to support more than 400 jobs. These jobs provide practical work experience for young people in Madawaska—Restigouche. They will have an opportunity to work for community organizations, municipalities, day camps, the construction sector or SMEs. This wide range of employment opportunities might not have been available without this funding. For employers, SMEs, community organizations and municipalities, this is a game-changer. Over the past few weeks, I have called over 200 different employers in my riding to let them know the good news that they are going to receive funding this summer through this program. Based on the feedback I received, the program is making a real difference to them. I would like to take this opportunity to wish all the young people in my region who get jobs through the Canada summer jobs program a terrific summer.
When we talk about building a stronger Canadian economy, we must also ensure that we build a fair and equitable system and that we are there for those who need it most. That is why all our efforts to strengthen the Canadian economy are accompanied by a social safety net. I am thinking of all the programs we have put in place over the years, including the Canada child benefit, the Canada disability benefit, the Canadian dental care plan, the affordable child care programs and the Canada groceries and essentials benefit. These programs make a huge difference to those who need them most. Unfortunately, when the official opposition is presented with measures that genuinely help people, their instinct is usually to oppose them.
In closing, I think that we can see a contrast between this side of the House and the other side. The motion that is before us today is a joke. It was written in such a way that it cannot be supported. It seems to have been designed to generate sound bites for social media. It proposes very little in the way of concrete measures. On our side of the House, we do not let ourselves get distracted by this sort of grandstanding. From day one, we have remained focused on our work. Canadians gave us a clear mandate: to strengthen the Canadian economy and make it more resilient. That is what we are doing to deliver the results the public expects.