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Decentralized Democracy

House Hansard - 300

44th Parl. 1st Sess.
April 16, 2024 10:00AM
  • Apr/16/24 2:06:53 p.m.
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Mr. Speaker, this week is National Tourism Week, when we celebrate a pillar of the Canadian economy that employs nearly one in every 10 Canadians. In my constituency of Davenport, we attract many tourists to places such as the Museum of Contemporary Art Toronto, the Drake, the many amazing art galleries, as well as countless cafés and foodie restaurants on Dundas West, West Queen West and Ossington Avenue. In addition, across Canada, business events represent 40% of all tourism and over $25 billion in direct GDP. That is why our federal government has invested $50 million in the international convention attraction fund through Destination Canada, which is poised to inject another $170 million into our economy. This demonstrates our federal government's commitment to economic growth, job creation and it positions Canada as a global hub for business excellence and innovation. Tourism truly brings people together.
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  • Apr/16/24 2:13:27 p.m.
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Mr. Speaker, hon. members, as we kick off National Tourism Week, let us reflect on the immense economic value of tourism to Canada. The tourism sector accounts for one out of every 10 jobs in Canada, and four out of 10 tourism jobs are based in rural areas. Canada's tourism sector supports 623,000 jobs and 232,000 businesses. However, the best is yet to come. Just this year, we launched the Canadian Council of Tourism Ministers; announced the international convention attraction fund, which is estimated to attract $170 million to Canada's economy; and unveiled the indigenous tourism fund, the largest investment in indigenous tourism in the country's history. Let us celebrate the potential and resilience of Canada's tourism businesses. They continue to rise to new heights.
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  • Apr/16/24 2:52:47 p.m.
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Mr. Speaker, I want to thank my colleague from Fleetwood—Port Kells for his hard work. Since we took office in 2015, wages are up, employment is up and foreign direct investment is up. We are investing in Canadians and in the economy, creating great jobs and growth for the whole country. When the Leader of the Opposition was minister of employment, wages were lower, employment was lower and foreign investment was lower. While we are fighting for fairness for every generation, his record is clear. There is one thing I will bring up. If he ever takes over, there will be cuts, cuts and more cuts.
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  • Apr/16/24 4:17:01 p.m.
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At a time when prices are high, we are delivering real investments that help make life cost less for Canadians. The third part of our plan is growing the economy in a way that is shared by everyone. To drive the kind of growth Canada needs today, we are redoubling our efforts to attract investment, increase productivity and boost innovation. We are working to empower our best entrepreneurs to put their ideas to work here in Canada and create good-paying and meaningful jobs. How do we do that? To quote one of our country’s great philosophers, we need to skate to where the puck is going. That means doubling down on artificial intelligence. We were the first country to have a national AI strategy. Over the past several years, we have supported the creation and growth of one of the world's leading, most talented AI communities. Today we are taking the next step to secure Canada's AI advantage.
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  • Apr/16/24 4:18:50 p.m.
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We are equipping our AI innovators with the computing power they need to attract and nurture the best researchers, to scale up businesses and to drive the innovation that will deliver transformative economic opportunities for Canada and Canadians. Homegrown Canadian AI companies are already helping to boost the productivity of Canadian workers. A natural area to seize a further competitive advantage for Canada is building the mechanical heart of the AI economy: data centres. We have a natural edge. We have abundant and clean electricity. We have skilled and experienced engineers. We have the cold climate needed to help cool supercomputers, and we are physically close to the world's largest market, which has vast data-processing needs. We are introducing the accelerated capital cost allowance for innovation-enabling and productivity-enhancing assets. This means that investments in things like computers, data network infrastructure and more will be eligible for immediate write-offs. This will encourage companies to reinvest, create more jobs and make their businesses more productive and innovative. In the first three-quarters of 2023, Canada attracted the very highest per-capita foreign direct investment in the G7 and the third most total FDI in the world. Our budget builds on that significant accomplishment, because attracting investment is key to driving growth, increasing productivity and boosting innovation.
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  • Apr/16/24 4:38:18 p.m.
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To make a positive difference in people's lives, to get big things built, to get big things done, we need more than a slogan, more than a rhyme or two. We cannot Hop on Pop our way to a better country. To make a difference in people's lives, we need a plan. Canada needs action, not indifference. We are acting. The times call for building up our country, not sitting on the sidelines. We are building. Today, we say to our younger generations and to those who care about them that we are putting all the power of government to work for them. We will build more homes. We will make life cost less. We will grow our economy in a way that works for everyone. Together, we will unlock the door to the middle class for more Canadians and renew the promise of our great country.
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