I would like to begin by acknowledging that we are gathering here today on the Treaty Territory of the Mississaugas of the Credit First Nation, and the traditional territory of the Haudenosaunee, Huron, and Wendat.
The challenges of this generation are not the monopoly of any one country or continent—nor will they be solved by anyone acting alone. And as you set off into the world today, there is not a Graduate class anywhere that is better prepared to face them. So to the Graduate class of 2023: congratulations!
There are 865,000 more Canadians working today than when COVID first hit. We have recovered 128 per cent of the jobs that were lost in those first months—compared to just 114 per cent in the United States.
The investments we are making today will be critical to the future of Toronto’s economy and the daily lives of hundreds of thousands of Torontonians. They will help to build a transit system that is reliable and sustainable. And this investment will help continue to build a city we can all be proud of and be glad to live in.
While Canada stretches nearly ten million square kilometres, from the Pacific to the Arctic to the Atlantic Ocean, there are just 39 million of us—barely a tenth the size of the United States.
Canada’s economy has made a remarkable recovery from the COVID recession.
Last year, Canada delivered the strongest economic growth in the G7, and in the first quarter of this year, our economic growth surpassed expectations.