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Results: 1486 - 1500 of 1564
View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, on a day when we should be supporting and cheering the cross-party support for this free trade agreement, that was the kind of rather mean-spirited question I would expect more to hear from the government side of the House.
I will say what I would have said had the question been from the government side of the House, which is that it is neither the responsibility of the government nor of the official opposition to decide how the Liberal Party deploys the resources of its members. For now, we are a small party, but we will not be for long. There are a lot of duties for all of us to cover. It has been our collective decision to have one of my very talented colleagues serve on the committee. We work very closely together.
If the hon. member from the official opposition would like to speak about positions that are difficult to understand, perhaps he would like to let this House know why the NDP, which has been so opposed to free trade deals historically, has decided to turn tail when it comes to Korea. That is the right decision, but I wish it had come sooner.
View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, my colleague has indeed focused on what is our chief criticism of this deal, which is that it has come late at a great cost to Canadian businesses, Canadian exporters and Canadian jobs. As to what the reasons are, I can only speculate, but I would suggest two reasons.
One is something that we see all too often with the government, which is a mismatch between rhetoric and action. There is a lot of rhetoric on trade, but we have not actually seen that when it comes to this Korean deal and we certainly are not seeing it when it comes to TPP.
The second reason, which is something that we have been learning when we talk to stakeholders and particularly when we talk to our other partners in multilateral institutions, is that the top-down rigidly authoritarian approach to government, which we see first-hand domestically, carries through when it comes to how Canada behaves in its international dealings, and that slows things down.
View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, the member opposite has been in the House longer than I, but I would like to point out to him that when it comes to parliamentary procedure, it is not our tradition to directly address other members.
I have heard this before and was I expecting to hear it again from the government benches. For the record, I really want to protest strenuously. A majority government has a lot of prerogatives in a Westminster system like our own, but it cannot decide what members of the Liberal Party do and which committees they serve on. It is absolutely unfair and slanderous quite frankly for the government to have suggested, as it has, that somehow I am derelict in my duty by not serving on trade committee. I want to say that for the record.
We are talking specifically about Korea. Canada is behind the U.S. and the EU, both of which began negotiating after we did, and this has cost Canadians more than $1 billion. We have lost 30% of our position. These facts speak for themselves.
View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, the Liberal Party strongly believes in protecting the working people of Canada. That is why we are such strong supporters of free trade. In the 21st century, Canada's economy is only the 11th in the world when it comes to GDP and cannot survive or grow without free trade.
The hon. member's question gives me an opportunity to return to the non-partisan spirit with which I began my remarks and which is really important today. We have undergone a big trauma recently and it is a wonderful thing that we have cross-party support for free trade.
I hope the hon. member will agree with me that while all of us advocate for different policies, I am sure everyone in the House supports the working people of Canada.
View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, the member opposite concluded his remarks by saying that he hopes we will be supporting the Korean free trade deal. As I hope he has heard from our previous remarks, we certainly will be. The Korean deal is important and I think is widely supported in this House, partly because it is an important opening for Canada into Asia.
I would love to hear the member's view on the TPP talks, which are the very essential next step, and whether he has a view on when we might expect those talks to be concluded.
View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, today in Dnipropetrovsk, Ukrainian president Petro Poroshenko urgently called for the OSCE mission that is monitoring the ceasefire in eastern Ukraine to be enlarged. Speaking on Friday, Italian foreign minister Federica Mogherini said that Italy, France, and Germany are willing to send drones and military personnel to operate them, but Canada was not on her list.
Why is Canada, with its special relationship with Ukraine, not participating in this essential expansion of the OSCE monitoring mission?
View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, over the past week, half a dozen Ukrainian soldiers and a Red Cross worker have been killed in the Donbass, despite the alleged ceasefire there. Germany and France are talking with the OSCE about deploying armed forces to help monitor that ceasefire.
There is cross-party support for Ukraine in the House and Canada has particular influence there. Will Canada therefore be joining Germany and France in further supporting the OSCE peacekeeping and monitoring mission?
View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, an IMF report this week confirms what Liberals have been saying for months, “in countries with infrastructure needs, the time is right for an infrastructure push”.
My constituents in Toronto Centre do not need the IMF to tell them that Canada has an urgent infrastructure deficit.
The good news is that IMF has confirmed that thanks to our low interest rates, infrastructure investments are an excellent way to deliver growth without “increasing the debt-to-GDP ratio”.
When will the government take this sound advice and invest more in infrastructure?
View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, this morning StatsCan delivered some bad news for Canadians. Economic growth was zero in July. Our stalled economy means we do not have enough good jobs. Canada lost a staggering 112,000 private sector jobs in August.
According to the OECD, Canada ranks a dismal 16th out of 34 when it comes to employment. Even the Minister of Finance admits this is not good enough, at least when he is out of the country. He confessed in New York today that “We'd like to grow faster”, so where is his plan for growth?
View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, I am very pleased, on behalf of the Liberal Party, to support this deal. We are going to be voting in favour of it.
Canada is a trading nation. We understand that, as the 11th largest economy in the world, it is absolutely essential for Canada to be fully plugged into the global economy, and that means doing trade deals.
We are also very pleased that we finally have a deal with South Korea, an advanced and exciting democracy. It is a great country for us to be doing business with.
What I am going to be talking about first is Canada's position in trade, our views on what we should be doing and what we see going wrong. Then I will talk about this specific trade deal with Korea.
Starting with why trade is important and what Canada's current position is, trade has never been more important for Canada or any other western developed economy in this 21st century. We are living in the age of globalization and countries that do not figure out how to plug themselves into the global economy are going to fail. They are going to fail their citizens and, crucially, they are going to fail to deliver the kinds of middle-class jobs and middle-class incomes that are at the centre of the Liberal approach.
For Canada, exports account for about 30% of GDP, and one in five Canadian jobs right now is linked to exports. That is why this is such an important issue and why the Liberal Party stands so firmly in favour of free trade and an expanding Canadian trade relationship with the world.
What I am very sad to note, however, as my colleague from Winnipeg has already alluded to, is that right now Canada is falling behind in trade. We hear a lot of glowing rhetoric from the other side of the House, but the reality is that we are not doing well in trade, and all Canadians are hurting because of it.
The Liberal Party believes in listening to businesses and to the people who are out there building our economy. That is why we paid so much attention to and are so worried by a report that was published this year by the Canadian Chamber of Commerce. The title of this report alone should worry us all. It is called “Turning it Around: How to Restore Canada’s Trade Success” . That really tells us everything. We used to be doing better than we are doing today, even as the rest of the world is getting better at trade and better at export-led growth.
When we look inside the report, it gets worse. I would like to read parts of it because it really paints a worrying picture of what is happening right now in Canadian trade. This is what the Canadian Chamber of Commerce has to say:
...the increase in exports and outward investment has been slow in recent years, and diversification to emerging economies has been limited.
The Chamber of Commerce points out that Canada's falling behind its own lagging performance has come at precisely the time when the rest of the world has been surging forward. That is something we will see when we turn to speaking specifically about trade with Korea.
The Chamber of Commerce goes on to give some detail about what is happening. It says:
Despite more firms looking abroad, Canada is lagging its peers according to several measures. Over the past decade, the value of exports has increased at only a modest pace...This is despite significant price premiums received by Canadian producers of energy, mineral and agricultural commodities.
Now, here comes the crucial part. The Chamber of Commerce says:
If these price increases are excluded, the volume of merchandise exports shipped in 2012 was actually five per cent lower than in 2000 despite a 57 per cent increase in trade worldwide.
If we take out the growth in commodity prices, what we have seen is a 57% increase in trade worldwide over the past decade and Canada actually falling by 5%. We hear a lot of glowing rhetoric about trade performance. We have a lot of photo ops of trade deals signed. However, the reality is that the numbers reflect a Canadian economy that is performing more poorly in exports. This is also seen in the numbers my colleague referred to in mentioning the swing from a trade surplus to a trade deficit. Exports are an area that we believe is essential to driving growth and producing middle-class jobs. Economists agree with us.
This is a real problem. It is a huge issue for Canada. It is a huge issue for all middle-class Canadians.
Let us turn specifically to Korea. As I said, the Liberal Party is pleased and proud to support a free trade deal with South Korea. However, we have a real problem with the timing of this deal. The problem is that it has come too late. That lag has done real and quantifiable damage to the Canadian economy and to Canadian exporters.
In describing his pride in having secured this deal, the minister spoke earlier today about how this deal will “restore a level playing field”. He also said, “our fiercest competitors...are already benefiting from their own preferential access”. That is sadly true but not something to be proud of. We should be ashamed and sorry that our fiercest competitors are enjoying preferential access and that it has taken us so long to get this deal done.
The United States has already done a deal with South Korea, which was ratified by the U.S. Congress in October 2011. As far as I know, the current Canadian government was in office then. That agreement went into effect in March 2012. Again, the government was in office. We did not have a deal then and that hurt Canadian exporters, who were put at a disadvantage relative to U.S. exporters.
A deal with the EU has provisionally been in force since July 2011. Again, the current government was in office. It allowed a huge trading bloc to do a deal with South Korea, which really did serious damage to Canadian exporters.
Australia is smaller than us. One would think it would have less leverage, yet it has already done a deal. It did its deal in April 2014.
This has done real quantifiable damage to the Canadian economy and to Canadian exporters. We have lost 30% market share. The minister himself pointed out that our fiercest competitors already enjoy preferential access. They have used it and the loss to Canadian exporters is quantified at some $1 billion. That is serious damage to the economy.
While we are pleased and proud to vote for this deal now, our question is this. Why was it not done sooner and why did the government allow Canada to lose $1 billion? We could do a lot of good in this economy with another billion dollars.
The minister also spoke about how he is proud of this deal and how it is important because it will provide an essential foothold in Asia. That is a lot of boggle. We think it is very important now for Canada in its trading relationships to move to deal with the fast growing, emerging markets in Asia. However, we are gravely concerned that with the poor performance we have seen in Canada's trade negotiations with Korea, where I underscore we have lagged behind the U.S., the EU, and Australia, all of whom are our competitors and peers, we could see a similar lost opportunity in the absolutely crucial trans-Pacific partnership talks. Canada joined those talks late. They started in 2008. Again, the members on the other side of the House were in government. Canada was not at the table. Canada did not join in until June 2012. If we get to the party late, we have to deal with terms that are not of our own making, and so we start at a disadvantage.
The Liberal Party would like to assure Canadians, and also our friends on the other side of the House, that we will be watching Canada's performance in those negotiations closely. There is already some talk that Canada, in multilateral arenas of all kinds, is not seen as the most valued, the most co-operative, partner. Therefore, we will be watching closely.
I would like to assure our partners in the TPP talks and the Canadians who are so eager for that deal to get done that if the members on the other side of the House do not manage to get it done in the next 12 months or so, it will be a priority for us and we will get that deal done.
What is also essential for us to focus on, and where we would like to see much more performance, is a wider understanding of the other emerging markets that we should be going after.
We are glad to support the Korean deal, which we do without reservation, but the sad history of this deal is that because we started late and did the deal late, Canadian companies have suffered. Making up that 30% lag, that 30% loss, will require a lot of hard work by our companies. They are coming from behind.
We want to ensure that does not happen again. We would like to see the government much more aggressively pursue trade deals with other fast-growing emerging markets around the world; particularly, in Africa. That is a part of the world that is full of opportunity for Canada, for Canadian companies, and where a trading relationship can do a lot of good.
I would also like to see much more action from the government in an area where we see very strong rhetoric but, sadly, not always the action to match; that is, our relationship with Ukraine.
Most of us here were proud to be in this House when President Petro Poroshenko spoke to us and talked about how proud he is of the Canadian relationship with Ukraine. He also invited us to quickly conclude a free trade agreement with Ukraine.
Again here, I am sad to say, Canada is falling behind. Europe signed a trade deal with Ukraine last Tuesday. We like to call ourselves, Canada, Ukraine's best friend. Where are we on that file? It is time, really, for us to act. The message is the same. The rhetoric is okay. We really want to see action. We will strongly support and work with the government on a deal with Ukraine. That is something, surely, we can get some cross-party support on and act quickly and get it done.
We are very happy to support this deal. We think a free trade agreement with Korea is important. We understand the absolute importance of free trade for Canada.
We would like to see the government do a better job of actually focusing on the results. It is really important.
We have spoken in this debate already of the swing we have had from trade surplus to trade deficit. That is not a good report card for the Canadian export sector. That is the number we have to look at and we really have to focus on. A big part of the problem is that we are coming late to these trade deals.
I want to remind this House that the United States Congress ratified its deal with Korea in October 2011. It went into effect in March 2012.
The EU agreement has been in force since July 2011.
Again, even in Australia, which is smaller than we are, their agreement was signed on April 2014.
So, it is great that we are doing this deal with a strong democratic country in Asia. It is great for our exporters to now have access to those essential Asian economies. However, we really need to underscore, even as we support this deal, that it should have been done more quickly and that our exporters have suffered. They have lost $1 billion. They have lost about 30% of their market because, again, as the minister himself said, our fiercest competitors are already enjoying preferential access.
Nonetheless, it is better late than never. We are pleased to be supporting this deal. Korea is already our seventh-largest merchandise trading partner. It is a democracy. There are a lot of exciting technologies there. It is a great match for us.
We have heard particular enthusiasm from agriculture food producers, from the aerospace industry, and from spirits industries. We are hopeful that, thanks to this agreement, those Canadian exporters who lost out because their competitors enjoyed preferential access, while they did not, will be able to make up some of those gains.
We are going to be supporting them in that effort. We are glad that we finally have a deal that will allow them to do that.
However, again, we must not lose sight, even as we back this deal, of the fact that it has taken a long time to get there and that, going forward, it is really essential for Canada to not be following in the wake of the U.S., the EU, and Australia when it comes to doing trade agreements with emerging markets.
It is really important for us to be in the lead. When one is first at the table, one gets the best deal—and not only does the country get the best deal, but its businesses get the best deal. It can be very hard to unseat a competitor who gets in first because he or she enjoyed preferential access because his or her government was more on the ball.
On TPP, it is going to be really important for Canada to shift from this hostility, this sort of go-it-alone bullying approach that has characterized our attitude in multilateral organizations of late. This is a really important deal, and with this opening up of the Asian markets, about which we have spoken so much today, and of which we hope the Korean deal will be a harbinger, TPP is going to be where the rubber meets the road on that. It is an essential opening to Asia.
We understand the need for some closed-door negotiations in trade agreements. We get that. These are very complicated. TPP is particularly complicated because so many parties are at the table. However, it is important to note that we have started those negotiations at a disadvantage. We did not get there until 2012. Everyone else, apart from Mexico, was there from 2008. We had to agree to accept some of the terms that had already been laid out without us there.
It is really important that we play ball now, that we are involved and seen as productive partners. It can sometimes be appealing, and maybe make a testosterone-type person feel particularly good, to use harsh, bullying, tough-guy rhetoric when talking, perhaps in the House. However, we are only the world's 11th largest economy, and when it comes to trade negotiations we have to be co-operative and collaborative and earn the trust of our partners. I would strongly urge the members on the other side of the House to take that kind of approach—dare I call it a small l liberal approach?—when they sit down at the table at the TPP negotiations. This is really essential for the future of Canada's export economy. If the Conservatives want some tips on how to do that, we are happy to talk.
In closing, we do support the deal. South Korea is a powerful economy. It is a democracy. It is a great place for our Canadian companies to be doing business. We regret the fact that we have lost 30% of market share due to the slowness of the agreement being done. However, we are confident that the House will support the deal and that Canadian companies are strong enough to bounce back.
View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, I will go through the member's comments one by one.
First, on the facts with respect to Australia. The negotiations started in 2009 and the agreement was signed in April 2014, which is what I said. It was tabled in the Australian parliament in May 2014. Australia signed the deal before we did. Again, we have to get better at this.
I am rather touched by the hon. member and his colleagues' interest in the Liberal Party's allocation of the valuable time of our MPs and who sits on which committee. I am proud to work with my skilled and knowledgeable colleague from Saint-Léonard—Saint-Michel, who represents us effectively on the trade committee.
As far as I know, a majority government has a lot of prerogatives, but it does not get to decide how opposition members spend their time and which committees they formally sit on. I do really want to clarify this. I want to be clear that I do not sit on that committee for the Liberal Party, and so to allege that I am absent and not performing a duty that I am obliged to perform is not correct. I want to be able to say that in this House. That is very important—
View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, on CETA, we in the Liberal Party are adults and we understand and respect the fact that, if trade agreements are going to be done, they need to be done behind closed doors. That is particularly true when it is a complicated agreement, as it necessarily is with the 27-member-state European Union. We get that. From the start we have been supportive of CETA in principle, and I am proud that we have been.
We support free trade. For our government negotiators to go to the table being able to say they have cross-party support is effective and important for Canada.
Equally, we appreciate the reality that we are only able to evaluate an agreement in sum when we see what negotiators have come up with. Trade is like a Rubik's cube; each piece is dependent on the whole. We can only evaluate it definitively when we see the details, and that was the point.
I would be happy to talk about Honduras, but I see the Speaker is telling me to sit down, so I will.
View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, the member for Winnipeg North is legendary in the House for his ability to talk about anything and to know about everything, and I salute him for that.
When it comes to trade, our issue is this. We are firmly pro-free trade, and we hear that rhetoric coming from the other side of the House. It is one thing to have bold ambitions, but those ambitions have to be matched with actual performance.
It is not just our party that is concerned about this. The Canadian Chamber of Commerce, the respected voice of business, is also really concerned. We are seeing the reality, which is that Canadian trade and export performance is falling behind. That is a real problem for the 11th-size economy in a globalized world economy, and it is part of the reason our middle class is falling behind.
View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, I would like to thank my colleague for her question. I will not try to answer her in French right now, but maybe next month. It is very important to me.
It is absolutely true that Korean cars are present in the Canadian market, that South Korea currently exports a lot more cars to Canada than the other way around and that there have been some concerns around it.
The reality, though, is the Canadian car export market in South Korea right now is relatively small and the match of Canadian manufactured vehicles that would suit the needs of Korean consumers is really small.
View Chrystia Freeland Profile
Lib. (ON)
Mr. Speaker, I absolutely agree with the hon. member for Saanich—Gulf Islands. Part of the reason we are seeing this view, and I emphasize this because it is really important, coming from the business community, among others, that Canada's export performance is falling behind is because of this balance.
We do not need to shrink from the fact that we are a powerful commodity producer. That is a great thing, but that cannot be the only leg on which our economy stands, particularly because our economic performance has been flattered by high commodity prices, which we cannot count on lasting forever.
In building a stronger export-driven Canadian economy, we have to work harder to be sure that value-added exports are a big part of it, including really high-valued manufacturers.
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