Madam Speaker, I am thankful for this great opportunity to share some wisdom on this very important bill, Bill C-4, on CUSMA, which is the Canada-U.S.-Mexico agreement.
However, before I get into the bill, I will speak about the economy. Trade deals are linked to the economy, and the economy here in Canada after five years of Liberal government is very strong compared to what it was when we took office.
Let us look at what has happened. What has changed in the last five years?
We have seen 1.2 million jobs created by Canadians. We have seen over one million people lifted out of poverty, with 353,000 of those being children, which is over 20% of the poverty rate in Canada, and 75,000 being seniors, mostly women. These are big and important numbers.
As well, we are seeing the lowest unemployment rate in 40 years. These are the factors that are clearly stating how strong this economy is and how strong our government is, which has been focused on tax cuts and helping the middle class and those who want to join it.
Trade deals are extremely important to Canadians, and every province and territory is very happy with this trade deal. We had a trade deal before, but this one is new and improved.
We also have the CETA trade deal, which encompasses half a billion people. In that trade deal we have seen 98% of the tariffs removed, whereas in the past it was 25%. Members can imagine how the business community feels about that trade deal today. I know what the business community has to say about it my constituency.
As well, there is the CPTPP, the trans-Pacific trade deal, which, again, encompasses half a billion people. Between the three trade deals, we have a market of 1.5 billion people. In the Asia-Pacific deal most of the tariffs have been removed and 100% of the seafood tariffs are gone. Members can imagine that in my region of Atlantic Canada and in Nova Scotia this is a great opportunity to increase our exports, and it is extremely important.
How important is CUSMA, the Canada-U.S.-Mexico deal? It is $2 billion per day, which is an enormous sum, and 80% of Canadian exports go to these countries.
Who is supporting this trade deal? It is not just us. The premiers are saying they are behind this trade deal, which is important, and I will talk more about it, but we know that Premier Moe, Premier Kenney and company, as well as Brian Mulroney, do. The business community is happy. The unions are happy.
However, they say Trump is a good negotiator. Let us look at the three things he wanted.
First, he wanted a sunset clause at five years when we would have to renegotiate or the deal would be dead. However, that is not in there. We took that out and it is now 16 years.
Second, he wanted the end of supply management. We are the party that introduced supply management, and we are the party that is promoting supply management. We will continue to support supply management because it is important to Canadians.
Third, Trump wanted a dispute resolution tribunal where there would be American judges and courts. Do members think we would have agreed to that? Maybe a Conservative would have, but we did not agree to that. We then added another important piece where the Americans could not stop and must participate in tribunal panels, where in the past they could say no.
These are three key areas where our government has been very successful in negotiating with the Americans.
Let us bring it back to Nova Scotia. What does this trade deal represent to Nova Scotia? It is extremely important, because $3.7 billion is spent by Americans in Nova Scotia. That is an extremely important investment yearly, as my colleagues can imagine. That is 68% of all our trade products leaving Nova Scotia and going to the States.
That means there are 18,000 jobs directly related to this trade deal for Nova Scotians. That is 18,000 directly related jobs; I forgot to mention the 7,000 indirect jobs. Colleagues can imagine how we feel in Nova Scotia. The premier, Mr. McNeil, said that this is a great deal for Canada and a great deal for Nova Scotia. That is a very clear message.
I want to talk about a company in my riding just down the street from me, Marid Industries. It is a steel industry, and today it knows that with this deal it will be able to be competitive and move its products to the States and Mexico without tariffs. That is extremely important. That is making sure that it can move forward. These are great-paying jobs for the people who work in that industry.
Catherine Cobden from the Canadian Steel Producers Association said:
CUSMA is critical to strengthening the competitiveness of Canadian and North American steel industries and ensuring market access in the face of persistent global trade challenges and uncertainty.
That shows good, strong support from the steel industry.
Of course, we are seeing the strongest amendments in this trade deal when it comes to labour and environment, two major areas that Canada is pushing forward. We are making sure that we have some criteria around strengthening labour standards as well as enforcement and inspection standards. That means that wages being paid will create a level playing field. It also affects work hours and conditions. Those are essential pieces to ensure that the playing field is level, which is extremely important.
In the environment, as colleagues know, we have added some obligations in the fight against marine pollution. The other piece of it is air quality.
I must also mention pharmacare, because in the last amendments we were able to remove the 10-year restriction on generic drugs, which is extremely important.
We have added new chapters protecting women's rights, minority rights and indigenous rights and chapters that provide protection against discrimination based on gender and sexual orientation. These are all important chapters that are in this trade deal and are so essential.
As well, there are cultural exemptions, which help all Canadians, including those in Quebec. That is very important.
We have work to do. We know that in a trade deal there is a bit of trade here or there. The poultry and egg industries have opened up a small percentage, 2%. We are compensating them not only for loss, but also supporting them so that they can purchase better and more up-to-date equipment. The products will then be better able to be traded internationally, opening up that potential market as well.
This is a very important deal. I am extremely proud to support this. The people in my constituency are just waiting for this to be ratified as soon as possible.