00:0414 gigawatts of hydro, wind, storage, the functional equivalent of 18 Hoover dams.
00:1318 Hoover dams.
00:16Enough.
00:21Canadians will always take care of each other.
00:25And we're going to take care of ourselves.
00:27Because we have everything we need to build in this country.
00:30The reserves, the resilience, and we have the right plan.
00:34It starts with building it at home.
00:36Let me just give a few examples of that.
00:38A few weeks ago, we partnered with Newfoundland and Labrador, Quebec, and the Indian Nation
00:45to announce the largest clean energy investment in North American history.
01:1214 gigawatts of hydro, wind, storage, the functional equivalent of 18 Hoover dams.
01:2018 Hoover dams.
01:2118 Hoover dams.
01:23Enough.
01:28Enough to light, heat, cool every home in Toronto, Montreal, Vancouver combined, and in the process create 23,000 jobs.
01:49.
01:50At the same time, we revitalize the territories of encara australia and commerce in our country in Thunder Bay and
01:59toll and Petitier.
02:01The workers built 313 new cars for Via Rail.
02:10For the first time in 4 decades.
02:1840 years.
02:20So 40 years, 4 decades, it's the same thing.
02:25For the first time.
02:28Ok.
02:30How many weeks?
02:33Ok.
02:34For the first time in 4 decades.
02:37The cars.
02:38You can do it.
02:39Yes.
02:41Ok.
02:43Ok.
02:45There's no phone here, so you can't do it.
02:48For the first time in 4 decades.
02:51The cars from Canada are built at home.
02:57Yes.
02:58There's hundreds of good jobs.
03:00Thank you, Patty.
03:07To Lévis, the workers built six glass bricks for the coastal guard.
03:12Yes.
03:19It's the most important contract of naval construction in the history of Québec.
03:23And these ships will allow us to keep our navigation and manifest our sovereignty in the Arctic.
03:31and this process is going to create 5,000 jobs.
03:37Bravo!
03:43Have you had time, Mr. Belvance?
03:51Because we do a lot here.
03:54I have a list.
03:56It's a small summary.
04:01These are only examples.
04:04It's not a list of global things.
04:06So, we do a lot of affordable spaces
04:09that have never been seen since generations.
04:14In just a few months,
04:16the Canada House has already committed
04:18to build about 19,000 spaces
04:27built with Canadian materials
04:29through the knowledge of Canadian workers.
04:34At the same time, we're also taking full responsibility for our defence.
04:39We're doing it in a smart way.
04:40We're doing it in a way that creates jobs at home
04:43and builds our strength at home.
04:45A few weeks ago, we announced that GDLS in London
04:49is building 190 armoured combat support vehicles for our armies
04:54with Canadian steel.
04:586,000 more jobs.
05:006,000 more jobs.
05:02And in Halifax, in Winnipeg, Calgary,
05:05right across Canada.
05:07Creating a Canadian supply chain
05:09that will help build, sustain and support
05:11the Navy's new TKMS submarines.
05:13The largest defence procurement in Canadian history.
05:16An ecosystem of...
05:19Is your gay?
05:20Can I do?
05:21Do you know the answer to that one too?
05:23You're still working out the...
05:25Yeah.
05:26Sorry.
05:28100,000 jobs.
05:30100,000 jobs.
05:32100,000 jobs.
05:33Yeah.
05:35That's what a real partnership is.
05:38That's what a real Canadian-European partnership is.
05:43Coming together.
05:44Creating jobs here.
05:45Sharing technology.
05:46Moving forward.
05:47Defending the Arctic together.
05:49More broadly, we are doubling down on our strategy
05:52to make Canada the best place on Earth to build.
05:55Earlier this week, we announced the productivity
06:00mega deduction.
06:03It lets businesses write off a far wider...
06:07Yes.
06:07Yes.
06:08Far wider range of investments.
06:09Fiber optic cable.
06:11Mining properties.
06:12Energy.
06:13Rail.
06:13Aircraft.
06:14Vehicles.
06:15Manufacturing equipment.
06:16Much more.
06:17The result is that the effective tax rate on new investment...
06:20This is what matters for business.
06:22The effective tax rate on new investment will be the lowest of any major economy in the world.
06:29Less than half the rate of...
06:31Yes.
06:32The United States.
06:33Yeah.
06:43We didn't need a big, beautiful bill.
06:45We needed a targeted initiative.
06:47Canadian companies are already seizing this opportunity.
06:50This week, earlier this week, again, Bell Canada announced a $50 billion Canadian AI infrastructure
06:59hub in Saskatchewan.
07:00And full credit.
07:05I'm going to give full credit to Premier Mo in Saskatchewan for this.
07:091.2 gigawatts of computing power.
07:12The largest capital investment in Saskatchewan's history.
07:16More than 4,500 jobs.
07:18We've been aligned with this.
07:19We've been aligned with this.
Comments