Mr. Speaker, I want to thank you for the opportunity to speak on behalf of the people of Sackville—Preston—Chezzetcook and to speak to Bill C-57, with respect to the very important Canada-Ukraine Free Trade Agreement.
I want to start off by saying, of course, that trade agreements are very important for countries, especially Canada. We have probably among the best and most innovative workforce in the world. Therefore, we are bringing a lot to any trade deal from which we would benefit, and we have seen some large benefits for Atlantic Canadians. In many trade deals, we have seen benefits, including this one, which we signed in 2017, with respect to seafood. Atlantic Canadians are well known for supplying to the world, and Canada is number one with respect to that.
I will take a moment to talk about the first major free trade agreement, which was signed in 1987-88. At the time, the Macdonald commission, named after its chair, Donald S. Macdonald, a former Liberal politician, produced a report that concluded upon analysis that Canada was well placed to enter into a free trade agreement with the United States, that it should take the risk and seize this ideal opportunity.
I must congratulate and thank Mr. Mulroney, who accepted that report and began the work to prepare Canada to fulfill its commitments. Hon. members will recall that in 1984, during his election campaign, Mr. Mulroney was against free trade. In 1988, he changed his mind and decided to campaign in favour of free trade. Thanks to that, the first major free trade agreement was signed, and I am very pleased about that. At the time, I was not so sure.
Since forming government in 2015, we have delivered three major agreements.
The CETA agreement was a major one that we brought forward in 2018. Following that, we had the TPP, the trans-Pacific partnership agreement, and then there was the CUSMA, the agreement with Canada, Mexico and the U.S. I will talk about that one in a special way, because there are extremely important points I want to make.
The CETA agreement is with the European Union, the second-largest market in the world for Canada, and 98% of the tariffs were removed. That was from 25%. It opened up the market and dropped the prices for Canadians and European countries at the time. We had to make a bilateral agreement with the United Kingdom afterward, because it left the European Union. The deal with the United Kingdom was $29 billion a year back and forth in 2019. The U.K. is the fifth-largest trading partner with Canada after the U.S., China, Mexico and Japan.
With the trans-Pacific partnership in 2018 that we were successful in signing on to, Canada gained trading potential with Asia, which has half a billion people and is a very fast-growing market. It eliminated up to 98% of trade tariffs, but 100% on seafood; this benefited Atlantic Canadians, which I am sure my colleague from Nova Scotia is proud of.
I want to talk about CUSMA, the Canada-U.S.-Mexico agreement. I cannot thank the Minister of Finance enough, because she was very patient and effective. We know that, at the time, we were dealing with Trump, who was on the warpath. We know what he said. Prior to the negotiations, he said that there would be no deal if supply management was included. Did we get supply management? Absolutely, we did.
Then Trump said that there would be no deal unless we changed the courts and the judges. He wanted only American courts and American judges. Did he get that? Absolutely not. He would send tweets out early in the morning. He said that there would be no agreement unless there was a five-year sunset clause. Did he get that? Absolutely not. Why not? We cannot expect the business community to invest billions of dollars if there is a five-year limit. The business community needs to know it is ongoing and will be successful.
Our government was very successful in delivering that agreement. It is very important to note that it represents $2 billion per day. We saw what effect there can be on our economy when the truckers shut down the bridges at the border.
I want to note the Conservatives were saying to sign it at all costs because we could not afford to lose the deal. We stood our ground and we delivered for Canadians. We delivered for Canadian workers. We delivered for Canadian businesses. I am extremely proud of that.
I want to talk about this important Canada-Ukraine agreement. The agreement was signed back in 2017. In 2017, that agreement was very important. In 2019, trade was worth $447 million, with $220 million in imports and $227 million in exports, which is pretty well even. The top priority export to Canada was seafood in 2021. In 2022, it changed because of the war of course, and the main trade was in armoured vehicles and parts, medicine and again seafood.
What we import to Canada from Ukraine are fats, oils, iron, steel and electronics. These are very important for Canadians. It is important to support Ukraine. We have been there from the beginning. However, it is important we do it now so when the war is over, when Ukraine wins that war, Canada's business community and workers are ready to deliver. That is what is important in this deal. That is why there will be more good-paying jobs as we move forward.
The benefits are preferential market access, but the new chapters are where we need to focus. There are new chapters on trade in services, on investments, on temporary entry, telecommunications, financial services and inclusive trade. There are updated chapters on labour, the environment, transparency and anti-corruption. There is a new chapter that has been put in place for the first time between both countries on trade and indigenous peoples, in addition to chapters on trade and gender and small businesses. This would allow marginalized Canadians and Ukrainians to access this free trade agreement and prosper.
Some key areas in the chapters include the development and administrative measures. We will see a reduction in red tape and a lower trade costs. In the investment chapter, we see the modernized dispute settlement, which is not like the one the Americans wanted but is one that strengthens the alternatives to avoid arbitration. In trade deals there should not be winners and losers. We should all be winners and work together to achieve the same goals.
The temporary entry chapter is extremely important. It would allow Canadians to work and contribute in Ukraine without having to get a work permit. It would allow spouses to do the same. These are great opportunities for Canadians to support but also invest in and help build Ukraine after it wins the war.
I want to close by talking about one key area Canada wants to ensure, which is the cultural piece. We have made sure there would be an exception for the cultural aspect in both countries.
This is a great deal. It is a great opportunity for Canada to continue to work and support Ukraine. Do not forget we welcomed many Ukrainians in the last two years because of the war. There is a large population of Ukrainians in Canada. The trading between both countries will be great and prosperous as we move forward.
