Mr. Speaker, I am pleased to rise today in the House.
As has been mentioned, we are commemorating D-Day events today. Many of us regret that we are not able to be in our communities. There were events held last night in Hamilton, and today as well, but the second-best place to be is here in Parliament, where it has been said that the men and women who made those sacrifices so many years ago have allowed us to be here to debate and discuss the issues of the day.
I would point out that in 1944, the honorary flagship of the Canadian Navy, HMCS Haida, which is now in Hamilton, was part of the 10th Destroyer Flotilla, which had the job of clearing the English Channel of German ships ahead of D-Day. The Haida also participated in testing radar-jamming technology to confuse the Germans when D-Day was unfolding.
On the topic of steel, there was no armour plate made in Canada until 1941, when Dofasco, which is now ArcelorMittal Dofasco, created the armour plate division. That armour plate division made 100% of all the armour plate used by the Canadian military in preparing its vehicles and vessels for wartime, so the steel industry has a proud history of supporting the military. Also, many of those steelworkers actually enlisted, and there are many monuments in our Hamilton steel mills, such as Stelco, National Steel Car, Dofasco and so on, for those former employees who gave their lives in the service of their country.
I am pleased to now move on to the topic of the day, which is the legislation before us.
Our government has a proven record, I would say, of broadening and deepening Canada's global trading relationships. The new connections that we are forging with the world are helping Canadian business to succeed and grow and create more well-paying jobs, delivering the strong economic growth that benefits all Canadians. It is an important part of our plan to strengthen and grow the middle class, and I can say with confidence that this plan is working.
With the successful conclusion of the Canada-United States-Mexico agreement as well as the Canada-European Union Comprehensive Economic and Trade Agreement and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, Canada is now the only G7 country to have free trade agreements with all other G7 nations. Canada now has comprehensive free trade agreements with countries representing two-thirds of the world's total GDP, and that is over one billion potential new customers.
Our government's commitment to free trade with economies around the world, including those in emerging markets, will help to further strengthen and grow the middle class and deliver long-term economic growth that benefits all Canadians. Canadian businesses are ideally positioned to benefit from the advantages that we have secured through trade, being located next to the world's largest economy to the south, as well as having close historic and economic ties to Europe to the east and deepening connections to the fast-growing Asia-Pacific nations in the west.
To make the most of these opportunities, our government is working tirelessly to support open, fair and rules-based trade arrangements with the world, but that does not mean that we can turn a blind eye to the reality that there are very real challenges to fair and open trade that are playing out around the world, including here at home. Canadian workers, communities and industries have seen the negative effects that come about when there are significant disruptions in global trade, including those that affect our steel and aluminum industries.
As the son of a steelworker and the grandson of steelworker, and as a former full-time steelworker myself, I can attest to the impact of steel on the lives of Canadians. In my city, steel helped build our universities, hospitals, art galleries and concert halls. It paid tuition fees for thousands of students, and it continues to pay retirees' pensions. Steel pays our city millions of dollars in taxes and more millions in charitable donations.
For Canada, steel provides thousands of good, well-paying jobs and serves as an important source of products used by other major industries, including energy, advanced manufacturing, construction and auto manufacturing, so when steel markets are disrupted and steel is diverted into the Canadian market, the damage ripples right through our economy. It hurts businesses and it hurts people.
In the face of this threat, it is critical for the government to have the tools and resources it needs to protect Canadians while continuing to encourage foreign investment, trade and economic growth. The legislation we are discussing today would provide this protection. By removing the two-year moratorium on the imposition of safeguard measures on steel, these proposed amendments would provide additional flexibility for the government to respond quickly and appropriately to a substantiated surge of imports harming, or potentially harming, Canadian producers and workers.
With today's legislation, the government is proposing that the amendments only be in effect for two years. They are intended to be temporary, as we hope the current global environment of trade distortions will be. Moreover, the conditions for the application of safeguards under the Canadian International Trade Tribunal Act and the Customs Tariff would remain unchanged and would still need to be met in order for any new safeguard measures to be put in place.
Today's legislation would build on the actions our government has already taken to defend the competitiveness of Canadian business and the strength of our economy, pushing back against market-distorting practices that originate beyond our borders.
We recently announced an intensive 30-day consultation period with industry and workers to determine further protections that may be required. These include actions in a number of key areas, such as conducting timely and targeted reviews of dumping cases to boost protections through higher duties to ensure Canadian companies are not at an unfair disadvantage with foreign competitors.
We are looking to introduce a more robust steel import regime with a view to strengthening import data, including product quantity, type and origin information. This will improve our ability to monitor import surges, assess evidence of transshipment and be more responsive to sudden changes in trading patterns.
We are looking to introduce greater flexibility for the Canada Border Services Agency to address price and cost distortions in foreign markets when determining whether dumping has occurred. Our government is also ensuring flexible and responsive support for domestic producers through Innovation, Science and Economic Development Canada and its agencies. These actions are all part of a broad and sustained effort to help our steel and aluminum producers in light of global challenges. This includes $2 billion to defend and protect the interests of Canadian steel, aluminum and manufacturing industries and their workers, with up to $250 million in new funding through the strategic innovation fund.
The challenges that these industries face are real and significant. They must be met with strong and decisive action on the part of our government, and that is exactly what we have done and continue to do with the legislation before us today.
Our government's plan to strengthen and grow the middle class is working. The result of our investments in people speak for themselves. Hard-working Canadians have created over one million new jobs, most of them full time. That is the equivalent of almost nine million jobs for an economy the size of the United States or 14 million for an economy the size of the European Union.
We know that there is more to be done so that people can feel secure and confident about their future. We need to make sure the economy works for everyone by finding new markets for Canadian products, making sure our businesses are competitive in the global economy and helping more people to find and keep good jobs. We also need to ensure that these gains are not undermined by surges in imports. The measures contained in today's legislation would give us an effective tool to safeguard Canadians against these challenges.
I will conclude by encouraging and urging all hon. members to support the bill's timely passage through the House accordingly.