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Results: 121 - 135 of 171
View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
Lib. (ON)
What is the case, as I've said, is that the investment dispute settlement is the element of the agreement that is national competency. It is not the part that will be provisionally applied if and when the agreement is ratified by the European Parliament.
View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
Lib. (ON)
After that happens, the agreement will be provisionally applied, and 98% will come into effect. Then it is the turn of the national parliaments to study the agreement and to vote on whether the remaining element is then applied.
View Chrystia Freeland Profile
Lib. (ON)
Hang on, hang on. No. During that period—
View Chrystia Freeland Profile
Lib. (ON)
Of course. I don't know if people know that Kyle Peterson is actually Kyle Petryshyn. It's true. It was very nice to be with you at the Holodomor commemoration.
Yesterday I had a great privilege. Nadiya Savchenko, the Ukrainian pilot who had been captured and held captive by Russians—who knows what horrors she experienced?—was released and is back in Ukraine. She is a very active Ukrainian political leader, and I had the opportunity to meet her, which was very moving for me. She's a real hero.
The economy is not her principal focus, but she said to me that she particularly wanted to talk about CUFTA and that she saw this agreement as a chance to deepen the strategic partnership with Canada at a time when Ukraine is quite rightly feeling particularly vulnerable. She sees the agreement also as a chance for Ukrainian companies to learn from Canadian standards.
MaryAnn Mihychuk, Minister of Employment, Workforce Development and Labour, who also happens to be Ukrainian-Canadian, was in Ukraine last week talking about labour standards and some of the elements we've built into CUFTA to help Ukrainians raise their labour and environmental standards. Nadiya Savchenko was really grateful for that. She said they see Canada as more than a partner; they see Canada as a friend. They trust us and they see a deepening of our economic relationship as an opportunity for them to develop higher standards of their own.
There are going to be real economic benefits as well. I think the estimates we've done say CUFTA should increase trade between Canada and Ukraine by 20%. That's significant. I think there is also something very appropriate about our discussing the Canada-Ukraine free trade agreement, which I do hope the NDP will support. I hope we can get unanimous support in Parliament for it.
The European Union has a trade agreement with Ukraine as well. We're now able to have a trading space that goes from Vancouver all the way to Kharkiv. That's a great accomplishment.
View Chrystia Freeland Profile
Lib. (ON)
That's okay. It's going to be more fun in a hour, right?
View Chrystia Freeland Profile
Lib. (ON)
View Chrystia Freeland Profile
Lib. (ON)
Good morning, Mark, and good morning, colleagues. It's great to be here with you this morning. As Mark has already said, I am joined here by Christine Hogan, my wonderful deputy minister with whom I very much enjoy working, and, equally wonderful, the department's chief financial officer, Arun Thangaraj.
Let me make a few opening remarks to set the stage and give people a sense of where I'm coming from and where the government is coming from when it comes to trade.
Canada is a trading nation. International trade and investment are essential to our standard of life and to improving the standard of living of people all over the world. That's a really important point for us. As everyone here knows, trade helps us open markets to Canadian goods and services, create really well-paying jobs, and give Canadian consumers more choice and lower prices.
Trade is equivalent to more than 60% of Canada's GDP. One out of five jobs in Canada is tied to Canadian exports, and—something that for me is a really crucial point—exporting companies pay 14% higher wages than companies that are not involved in international trade. That's one reason trade is such an important part of our middle-class prosperity agenda.
Free trade agreements don't only connect Canada to the rest of the world—important as that is—they also are an essential driver of economic growth. Consider NAFTA. According to a University of Toronto study, that agreement has added 3.4% to Canada's GDP. When you think about where our GDP numbers are now, that's a significant boost. Or consider CETA. According to a joint Canada-EU study, that agreement is expected to increase Canada's GDP, once implemented, by 0.77%. That's a real driver of growth. At a time of stagnant growth around the world, the importance of trade as a driver of growth really can't be overstated. It's important across all regions of the country.
In the Atlantic provinces, trade represents almost 74% of GDP. In Ontario, trade as a total share of GDP is 71%. In B.C. 40% of exports are destined for the high-growth Asian markets that maybe we'll have a chance to talk about later today.
In Quebec, exports account for 45% of the province's GDP. Canadians are a trading nation and our government vigorously supports trade. Our party was elected thanks to a program based on trade, and we will continue to seek out outlets and to promote high quality trade agreements.
When the United States adopted discriminatory labelling practices that disrupted supply chains for our beef and pork producers, it was the enforcement of WTO international trade regulations that allowed our government, working in close co-operation with Mexico, to fight against American protectionism. And we won. I am very proud of that. It was a victory for multilateralism, a victory for Canada, and a victory for beef and pork producers. I am proud to have taken part in that struggle and to have won the battle, and only eight weeks after our government took power.
The protectionist measures imposed by our trading partners are damaging to Canada's economy.
It is essential that we maintain an open, predictable and fair international trading system. Canadians understand that reality and want to take part in the conversation about it.
Important questions have been raised on many occasions about the way we negotiate trade deals. Canadians felt that the previous government did not consult them enough. That is why our government attaches so much importance to the establishment of a solid political consensus around what I call progressive international trade. This democratic and consultative approach is the only way to maintain public support for trade in this era of protectionist measures, and it is the right thing to do.
Consider CETA. Our work on this landmark agreement should leave no doubt about our commitment to free, fair, and progressive trade, and our ability to get deals done. Early in our mandate, we recognized the importance of our relationship with Europe, and as I once sat around this table as a member of the committee and as the Liberal trade critic, I think people will remember that we supported CETA when we were in opposition.
We also recognized the clear need for progressive improvements if this deal were to actually get implemented. We responded to Canadians, to EU citizens, and to our businesses. We responded to concerns about fairness and transparency. As a result, this progressive trade agreement now enjoys wide support on both sides of the Atlantic. For example, just yesterday, I met with a key figure in the CETA debate, the president of the European Union Parliament, Martin Schulz, who is a leading German social democrat. This was President Schulz' first trip to Canada, and his strong support for CETA is going to make him a crucial ally in the ratification effort by the European Parliament.
In the investment chapter of CETA, we strengthened the right to regulate. This is something I was very pleased to do. The sovereign right of democratically elected governments to regulate, in particular on issues like the environment, is something Canadians believe in, and so do Europeans.
The second area in which we made important modifications was to the dispute resolution process. We made the system more ethical, more fair, and more transparent. These are important changes, and this is an area in which Canada, working together with Europe and also on our own, is going to be championing work in the international trade arena. I'd be happy to discuss them further.
Last month I travelled to Brussels and to Berlin to promote CETA, and I was very encouraged by what I heard. I was delighted to meet with Germany's vice-chancellor, Sigmar Gabriel. He is also the leader of Germany's social democrats, and so again, a very key person in the discussions of CETA in Europe.
Mr. Gabriel had previously publicly voiced concerns about CETA but we did a public press conference, Mr. Gabriel and I together, in his office in Berlin, and at that meeting he said, and I quote, “This is simply a good agreement.” He called the new CETA a sign of good governance, consumer protection, environmental protection, and employee rights. Let me emphasize that this is support coming from the German social democrats.
We also now enjoy support from the French government and therefore from the socialist party in France, another really important decision-maker on CETA. In June of 2015, Matthias Fekl, France's Minister of State for Foreign Trade, said that if France's proposals on the dispute settlement mechanism were not taken into account, there would be no majority in France to ratify this treaty.
Now, because of the work that we've done on CETA, within the past couple of weeks, Mr. Fekl has come out strongly in support of CETA, as has François Hollande, and Mr. Fekl has said that CETA is a good agreement. Again, this is really essential European support.
Our work on CETA should leave no doubt as to our government's commitment to trade and our ability, crucially, to get deals done.
Another essential area for us is our trading relationship with the United States. As I know everyone on the committee appreciates, more than 70% of Canada's trade is with the U.S. This is an essential market, an essential relationship. Consider, for example, Ontario's manufactured goods. I know one of our members has a very particular interest there. More than 90% of Ontario's manufactured exports go to the U.S., so this is a really key relationship. As you know from my mandate letter and from our government's focus, building, strengthening, and deepening that relationship with the United States is a key focus for the government overall. It's a key focus for me as trade minister, and as chair of the Canada-U.S. cabinet committee. Two weeks ago, I was in Washington for a trilateral meeting of the NAFTA trade ministers. My Mexican and American counterparts said it was really great to have Canada back at the table. That was the first meeting of that group, which ought to meet annually, in nearly two years, and of course we are really pleased that we'll have the NAL summit—again, this was missed last year— here in Ottawa in June. It's an important event for Canada.
Let me now turn to the Trans-Pacific Partnership Agreement, about which I spoke at length last week. I must commend the leadership all the honourable members of this committee have shown, as well as the consultations you are holding with communities all across the country.
I'd really like to underscore that point. I think this committee has been probably the most active committee, travelling around the country, talking to Canadians, and, crucially, listening to Canadians.
I was really struck by the importance of your work when the portrait of our 21st Prime Minister, Paul Martin, was unveiled last week. People who have seen that portrait will note that it is a painting of Mr. Martin standing in the House of Commons. He talked about that in his remarks. He said that he asked to be depicted in that setting because of the importance he places on Parliament as a central organ of our democracy and as a place where a big national debate should be held. He spoke specifically about the importance of parliamentary committees, and said that committees need to go out and talk to people. He spoke about, and I quote, the “inherent strength of a Parliament that sends its committees out to meet the people”.
That is what this committee is doing, and I salute those efforts. I think they are really an important part of building a progressive trade agenda and maintaining the national consensus in Canada around being an open economy.
We have also as a government been actively consulting on the TPP. To give a shout-out to my excellent parliamentary secretary, David Lametti, we have held more than 400 stakeholder consultations across the country on TPP. I personally will be doing a couple more over the coming weeks, in Toronto and Montreal. Those will be public and open-mike.
Consulting on the TPP is particularly important because of concerns Canadians have about the transparency of this agreement and because of the groups that weren't consulted previously. In particular, labour wasn't part of previous consultations, and neither was the academic community.
I'd also really like to emphasize for the record, and for members of this committee, that we have the time to have this important national debate. None of the other 11 TPP countries has yet ratified this agreement. That's a fact that I personally confirmed on Tuesday morning when I was in Arequipa, Peru, and I attended a breakfast of the 12 TPP trade ministers. We all discussed the domestic debates in our countries. No one has yet ratified the agreement. Other countries are conducting extensive debates and consultations, and in countries with parliamentary systems, extensive committee study of the agreement. I'd also like to remind members of this committee that all the TPP signatory countries have two years from February 4 to debate and discuss the deal.
Trade is essential to our prosperity, our quality of life, the growth of our country and the creation of well-paid jobs for the middle class. Holding an open, transparent and fully democratic debate to develop an inclusive approach to trade is the only way to guarantee Canada's success as a modern trading nation, and fight the protectionist trends that affect many other countries.
Thank you very much.
I would now be pleased to answer committee members' questions.
View Chrystia Freeland Profile
Lib. (ON)
Thank you very much, Randy.
Let me talk about a couple of different elements of that question.
First, on the point of consultations and the negotiation process itself, I think we'll agree about a lot of things. I think collectively we'll all agree about the importance of free trade in principle. When it comes to the TPP negotiations, my strong view, and this is very much based on direct conversations, and particularly with labour, but also the academic community—
View Chrystia Freeland Profile
Lib. (ON)
If you let me finish, Randy, you'll hear the end of my answer.
View Chrystia Freeland Profile
Lib. (ON)
The point was, and labour leaders are very much on the record on this, they were not included in the consultation process by the department in formulating the deal and in negotiating that deal.
Results: 121 - 135 of 171 | Page: 9 of 12

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