Madam Speaker, the hon. member's party and the NDP leader said that they would oppose the budget even before they read it. Now that the budget is before the House, they either do not know, or they are misinformed, or they do not want to know what the economic action plan will do for those who are unemployed.
Our government is taking action to help Canadians weather the global economic crisis through our economic action plan. We want to help ensure that Canada emerges from the current economic downturn in a stronger position.
Under the plan, we are investing $8.3 billion, not an insignificant amount, in the Canada skills and transition strategy. This strategy will strengthen employment insurance benefits and expand skills training opportunities.
We recognize that many Canadians, who find themselves out of work, are looking to employment insurance to help make ends meet. Our plan is designed to help people who have lost their jobs through no fault of their own by providing them with the benefits they need during these difficult times. That is why, among other things, we have extended the duration of EI benefits by expanding nationally a pilot project, which already provided five extra weeks of EI benefits to EI claimants in areas of high unemployment. That alone constitutes additional estimated costs of $1.15 billion.
In addition to this measure, for a period of two years, we have increased the maximum duration of EI benefits available under the EI program from 45 weeks to 50 weeks. Over 400,000 Canadians will benefit from these measures in the first year alone.
In terms of the number of people who can access EI, it is important to note that, according to the Statistics Canada employment insurance coverage survey, over 82% of those who paid into the program and either lost their jobs or quit with cause were eligible for benefits.
Unfortunately, often the opposition cites numbers that are misleading based on something known as the beneficiary to unemployment ratio, or the BU ratio for short. These statistics are not a good measure of EI access. They include persons whom the program was not designed to serve, such as the self-employed, and there is some action being taken in that regard, as well as students, those who quit without cause, or even those who have never worked.
However, statistics aside, the member opposite should know that the EI system automatically responds to changes in the labour market. As unemployment rates increase, claimants can access EI with fewer hours and have additional weeks of benefits, and that is a fact. Where the need is greater, that is where the money flows.
For example, over the last year, the unemployed in the Oshawa region can now access four additional weeks of EI benefits, while working approximately two weeks less. In fact, since October 2008, 26 regions across the country, like Oshawa, have seen their entrance requirements decrease and their benefit durations increase.
Our government recognizes the need to further increase access to EI benefits. That is why our economic action plan also includes a $500 million strategic training and transition fund to support the particular needs of individuals, including those who do not qualify for EI. There are other amounts of dollars, not insignificant but substantial investments that the member chooses to ignore.
These are just a few of the measures we have taken to help Canadians get through these tough times. However, the member opposite and his party voted against each and every one of these measures to help Canadians. They are not helping Canadians with their opposition. Now that the Budget Implementation Act has passed, this help can be provided to Canadians.
Our economic action plan is designed to put Canadians back to work and put our economy back on track. We are happy our economic action plan can now be put to work, helping Canadians.