Mr. Speaker, I am very pleased to see the strong gain in employment for April. There are 50,000 new full time jobs. The unemployment rate is now at 7.3%, the lowest rate since September 2001. This comes at a time when the participation rate in the Canadian labour market is leading all of the G-7 countries.
Today's report, along with healthy business and consumer confidence, continued momentum in residential housing markets, and low interest rates, bodes well for economic growth in Canada.