Madam Speaker, I would like to thank the member for Red Deer for sharing his time with me today.
I am pleased to stand in the House to speak in support of the economic action plan that was presented by the Minister of Finance last Tuesday.
Before I do that, however, I would like to take this opportunity to thank the people of the riding of Newmarket—Aurora for the privilege of representing them in the House of Commons. It is an awesome privilege and an awesome responsibility. I hope that I never lose the sense of amazement I feel when I take this seat that represents the voices and the votes of the over 80,000 voters of Newmarket—Aurora.
The people of Newmarket—Aurora, like the people in other communities across this country, are diverse in ethnic origins. However, my constituents are united in their aspirations to work hard to accomplish their goals and dreams and to provide opportunities for their families. The residents of Newmarket—Aurora want Canada to be the best place to live, to work and to play.
This action plan is for the future of this country. Many of my colleagues have spoken at great length over the past week about the broad brush strokes of this economic plan. They have outlined the positive influence of the infrastructure investments, the tax relief for individuals and businesses, the action to stimulate housing construction, and the support to businesses and communities.
I met with members of Newmarket—Aurora in our own prebudget consultations and I am pleased to say that over and over I heard from my constituents that home renovations would stimulate the local economy. The contractors in my riding, the window and door manufacturers, the deck builders, the hardwood floor suppliers and installers know that they can sign contracts this spring and that they will have solid employment.
On January 15, I met with members of the Newmarket Chamber of Commerce. I heard from them that tax reductions for their businesses would allow them to purchase new equipment and to hire more employees. Our government has responded by providing a stimulus to businesses through tax relief, including a temporary 100% capital cost allowance rate for computers, extending the temporary 50% straight-line accelerated capital cost rate to investments in manufacturing or processing machinery and equipment undertaken in 2010 and 2011, and providing over $440 million in savings for Canadian industry over the next five years by permanently eliminating tariffs on a range of machinery and equipment. Other business investments are targeted to help our businesses and industries. With the infrastructure dollars also outlined in this budget, our businesses will bid for the projects in our local communities and have the cashflow required to acquire new equipment and to pay their employees.
Many other measures are outlined in our economic action plan which will stimulate our economy and I am pleased that my colleagues have spoken about them. My colleague, the member for Brant, spoke at length last week about the impact the home renovation dollars will bring to his riding. His expertise and experience in that industry are a welcome affirmation that this measure will benefit all Canadians. My colleague, the hon. member for Kitchener—Conestoga, praised the investments we are making in post-secondary education.
Rather than review those measures again, I would like to highlight another initiative to which our government has committed resources.
As part of the investment in infrastructure, the economic action plan has a commitment to the knowledge infrastructure. These investments will modernize universities and colleges, build world-class research infrastructure, expand health information systems and improve broadband services in rural Canada.
The health infoway is critical to achieving an efficient and effective health care system. Health care is identified by a majority of Canadians as an area which should receive priority spending.
From my work in the past in a disability management firm owned by my husband and me, we have worked closely with the medical profession. We often have been told by these front-line health care providers that the delay in receiving test results, be they MRI reports, CAT scans or even X-rays, delays the report which the medical professional can provide. Should a patient require a second opinion, which is his or her right and which a patient can request at any time, it is easier for the physician to order a second set of tests rather than wait for the transfer of the information from the first request. This creates delay in treatment, incurs costs and stress for the patient, higher costs for the health care system and subsequently to employers, employees and our economy in lost productive time. My own physician concurs with the electronic records initiative and commends our government for being proactive on this project.
The initial investment in budget 2007 of $467 million is complemented in the action plan with $500 million to support the goal of having 50% of Canadians with an electronic health record by 2010. I applaud our government for this proactive initiative. It will not only enhance the safety, the quality and the efficiency of our health care system, but will also result in a significant positive contribution to Canada's economy, including the creation of thousands of sustainable knowledge-based jobs throughout Canada.
With initiatives of this nature in the economic action plan which are designed to benefit all Canadians, I encourage all members of the House to support the economic action plan. It is good for the economy. It is good for Canadians, and it is good for the constituents of Newmarket—Aurora.