Mr. Speaker, it is indeed my pleasure today to speak to elements of Bill C-60, an act to implement certain provisions of the budget tabled in Parliament on March 21, 2013 and other measures.
I want to talk about some of the things that are so important in this budget, which would really make a difference, especially to my province.
The Federal-Provincial Fiscal Arrangements Act piece of Bill C-60 is extremely important to Manitoba. As members know, 40¢ on the dollar has come from the federal government basically to keep Manitoba going.
This new legislation would amend part I, part I.1 and part V.1 of the Federal-Provincial Fiscal Arrangements Act. These changes are required to implement the renewal of the equalization and territorial formula financing programs as the minister announced in December of last year at the finance ministers meeting.
New Brunswick and Manitoba would be protected because of this legislation against a year-over-year decline in their total major transfers. It would eliminate provisions that would be no longer required for the administration of the equalization and TFF programs and would clarify the provisions setting out the escalators in TFF and the Canada health transfer. This is extremely important to Manitoba.
In terms of part I, this legislation would extend the authority to make equalization payments to provinces to March 31, 2019, fulfilling the commitment to renew the program for an additional five-year period.
In addition, the legislation sets out payments to New Brunswick and Manitoba that would ensure their total major transfers in 2013-14 would be no lower than what they were in the previous fiscal year. A change would also be made to clarify the alignment of the timing of calculations and the associated payments. The remaining changes would eliminate elements of the legislation no longer required for the administration of the program, including those related to amounts determined for previous fiscal years that expired provisions related to the 2005 offshore arrangements with Nova Scotia, Newfoundland and Labrador.
This might seem insignificant to provinces that do not have these challenges. However, for Manitoba, this is very helpful to our province. When I look at Bill C-60, it is indeed an economic action plan that would build our Canada, create more jobs and pay attention to the needs of businesses across Manitoba and our nation.
I want to talk a bit about the Canadian Youth Business Foundation.
This measure in Bill C-60 proposes to provide funding of $18 million in multi-year support for the Canadian Youth Business Foundation to enable the foundation to continue its support for young entrepreneurs between the ages of 18 and 34. These young entrepreneurs do not need a hand out, they need a hand up, and with the Canadian Youth Business Foundation, that would happen.
The Canadian Youth Business Foundation is a national not-for-profit organization that works with young entrepreneurs to help them become the business leaders of tomorrow. They get mentorship, expert advice, learning resources and start-up financing. Over the past 10 years, the foundation has worked with 5,600 new entrepreneurs helping to create 22,100 new jobs across Canadian communities, which is very exciting to our economy and the young business people who have their hopes and dreams of building their own futures here in our great nation.
There are many other things that have happened to help youth, and I want to talk about Indspire, which is a measure that also centres on youth.
Bill C-60 would provide $5 million in 2013-14 to Indspire to provide post-secondary scholarships and bursaries for students who are registered as Indians under the Indian Act and for Inuit students. A further $5 million for 2014-15 would be provided through the estimates.
Indspire has a proven record of success. It has provided scholarships to over 2,200 aboriginal students annually and has raised significant support from a range of corporate donors to help support student success. With this new investment, Indspire would be able to provide scholarships to thousands more registered first nations and Inuit youth, helping them reach their potential and strengthening aboriginal communities across the country.
What makes Bill C-60, the economic action plan 2013 act, so important is that it goes right to the essence of what Canadians are all about. It talks about needs, as I outlined at the beginning of my speech on Manitoba and the transfer payments. It outlines the need to build youth, not only young entrepreneurs but youth who would be helped in their education with these scholarships.
The economic action plan also looks at another vulnerable community in our country, and that is older people. We will have more senior citizens in two years than we have young people. There needs to be real attention paid to front-line health care providers.
I want to talk about the Pallium Foundation of Canada. This is another very good initiative. This measure proposes to provide $3 million in multi-year support to the Pallium Foundation of Canada to support training in palliative care for front-line health care providers.
With an aging demographic, when our seniors, who have built this country, come to end-of-life situations, they need to be honoured and cared for. Often they like to be cared for in their homes. The government has committed to helping ensure that Canadians receive the compassionate care they need.
The Pallium Foundation of Canada works to improve the quality of palliative care and end-of-life care for Canadians by creating educational resources for primary care professionals. These primary care professionals are the ones who take care of these very vulnerable populations.
Economic action plan 2013 proposes funding of $3 million over three years to the Pallium Foundation of Canada to support training in palliative care for front-line health care providers. This investment builds on the funding provided in budget 2011 that is being used to support the initiative called the way forward: moving towards community-integrated palliative care in Canada, which aims to help develop new community-integrated palliative care models across this country.
Having said that, we know that a lot of people are not trained in end-of-life issues. Having this front-line training for these very important front-line health care workers is of paramount importance to the well-being of the elderly person and others who are coming to end-of-life situations and are receiving palliative care. It is also important to their families to put in those supports to help them see their way through this very difficult time.
When we look at all these measures, we are cognizant of the fact that to be able to provide health care and all these things we need, we need research.
I am just starting, and I find that I only have a minute left. I have so many good things to talk about in this particular economic action plan.
I want to finish off with the importance of research. Genome Canada has been given a very big boost since our government came to power. It has provided $165 million for multi-year support for genomics research through Genome Canada. This research has been very important for health care.