Mr. Speaker, I am thrilled today to stand in support of Bill C-45.
The many Canadians I speak to are refreshed and excited to finally have a stable majority government that does exactly what it told voters it would do when it ran for election.
We are focusing on Canadians' priorities at a time when strong, steady economic leadership is needed. Canadians elected our government to work at building a stronger and more prosperous Canada, and that is what we have done.
We promised to streamline bureaucratic processing and build a leaner and more effective public service. We promised to eliminate government duplication, red tape and unnecessary paperwork. We promised to respect taxpayers' dollars and eliminate the deficit without raising taxes or cutting transfers. We promised to ensure the long-term sustainability of social programs, and we promised to aggressively implement pro-growth economic initiatives to create jobs.
In every area I just outlined, our government is delivering and there is no doubt that our economic action plan is working. Over 820,000 net new jobs have been created, most of them full-time, most of them in the private sector. Our debt-to-GDP ratio remains the lowest in the G7 by far, and just yesterday it was reaffirmed that we remain on track for balanced budgets. Moreover, the OECD and the IMF predict that Canada's economic growth will be among the strongest in the G7 over the next two years. The World Economic Forum has said that our banks are the soundest in the world. Forbes magazine has ranked Canada as the best place to do business in the world, and the IMF recently singled out Canada as an economic model for the world to follow.
Canadians know that our plan is working, and budget 2012 continues to build on the great progress we have made. Perhaps most exciting is how our plan, the direction of this government, is delivering results in my riding of Brant.
Like many communities in southwestern Ontario, the economy of Brant is evolving from large-scale historic heavy industrial manufacturing to value-added, small- and medium-size companies. Brant has a rich history of heavy industrial manufacturing dating back to the turn of the century when Brantford was the third largest economy in Canada, only behind Toronto and Montreal. We revolutionized the farm in our community by building the first tractors that were sold around the world, but recently, due to the global economic climate and necessity, Brantford has been in a large transition. I like to think of Brantford because of the great influence that post-secondary education has had on our community. Here I like to think that we are in our sophomore year.
Manufacturing continues to evolve. As our mayor so rightfully states, our goal is to build a 21st century city and county, and we are excited about our future. I will highlight the large influence of post-secondary growth in our community later in my speech.
Canada is attracting the world's attention as countries look to safe havens for trade and investment, and our government's smart economic policies are giving Brant businesses a competitive advantage to capitalize on these new opportunities. Our plan to keep taxes low, cut red tape, promote investment and aggressively expand trade is just what manufacturers and exporters need in our riding.
Cutting red tape and the small business hiring tax credit in our budget 2012 are things that I am intimately familiar with, having been a business person in the building industry who owned his own company for over 23 years. I have held many economic round tables in our community, and the two comments that keep coming back over and over again are the need to help small business hire new employees and for us to cut red tape to make the administrative side of business easier.
Our government is also supporting and investing in post-secondary expansion, which is attracting students, businesses, jobs and investment to our city and our now thriving downtown core. Our government has invested $13 million for the Laurier Research and Academic Centre and recently announced $16.7 million for the Laurier/YMCA Athletic Complex.
Here are some interesting statistics. In a 2011 analysis commissioned by the City of Brantford, the number of Brantford businesses reporting a positive impact from post-secondary institutions tripled to 47%, and that was up from 15% in 2005. Over the past dozen years, institutions have invested $130 million in Brantford's downtown core, a downtown core by the way that desperately needed an injection of people and investment.
I am thrilled to stand in support of Canada's economic action plan because it responds to the needs and priorities of my community and it is delivering results for the people of Brant. Members do not have to take my word for it. Here is what Scott Lyons of Extend Communications said about his company's plan to bring 70 new jobs into our downtown:
We are really excited about re-investing in the downtown. It's a vibrant and growing community down here. Brantford has a great workforce and we are excited to be expanding our workforce down here.
Here is another recent quote, from John Dimitrieff, CEO of Patriot Forge:
Although Patriot operates on both sides of the border, very soon Patriot will be undertaking a 35,000-foot expansion that will create jobs right here in Brantford. That we are choosing to invest and expand in Canada is due in large part to the current government’s plan that keeps taxes low and creates a competitive business environment.
The Massilly Group is delivering 100 new jobs to Brantford, because according to its CEO:
Brantford is an ideal location for us because of its close proximity to our core markets in Canada and the United States, its manufacturing-friendly business environment, and our ability to retain and add to our highly skilled workforce.
Wipro is actively recruiting resumés to fill more than 500 jobs it projects to create in our downtown core by 2013.
John Paul deBoer of Brant Screen Craft recently purchased a plant and moved 50 jobs to Brantford. He said:
...we had looked into locating our finishing and distribution facility in Michigan. The corporate tax cuts and programs provided by the Conservative government were the deciding factor to expand in Canada.
Brantford Mayor Chris Friel recently spoke about how small and medium-sized businesses are becoming a powerful engine of job growth in Brantford, as companies like Automodular, First Gulf, GreenMantra Recycling, and the Sunrise Warehousing Company grow and expand. He said:
It's not something that gets a lot of media attention but a lot of small to medium-sized businesses have opened in Brantford in the past year creating a lot of jobs. But I am not sure people realize or appreciate how important this is to the city.
Another statistic, office vacancy in Brantford, has been cut in half over the last two to three years. Also over the past two years, Brantford has risen 35 spots to number 64 on the CFIB “communities in boom” ranking of Canada's most entrepreneurial cities.
Cathy Oden of Chamber of Commerce Brantford-Brant describes how a growing entrepreneurial spirit is reviving our community:
They're opening up small restaurants, hair salons, spas and expanding retail locations. Typically, they are fulfilling a dream or desire that they have nurtured for some time.
She was speaking about that entrepreneurial spirit that we are feeling and experiencing.
Canada's economic action plan is supporting jobs and growth in my riding of Brant. The good news does not stop there. I would encourage all members of this House to support Bill C-45 on its speedy passage through the House of Commons.