Madam Speaker, I hope he is paying attention then. The member for Abbotsford also deserves credit for negotiating the first Canada-Ukraine Free Trade Agreement, perhaps one of the best trade ministers this country has ever had.
In terms of Ukraine, as we know, the country is a very close partner of Canada. In fact, for folks who are not aware of our close ties, Canada was the first western nation to recognize Ukraine's independence from the Soviet Union on December 2, 1991. It was a historic and proud moment for Canada, and it continues to do so today.
In 1991, after decades of Soviet socialism, oppression, mistreatment and subjugation, Ukrainians shrugged off their chains and voted to take control of their destiny. In this context, we must also recognize Ukraine's historic struggle against an aggressor who, for centuries, has attempted to deny Ukrainian nationhood and let them deal with their own culture.
Thankfully, through all of it, the Ukrainian people have remained resolute in the defence of their country. I am proud to say that since the beginning of the Russian invasion of Ukraine, all parties in this House have stood steadfast in leading the international support for the people of Ukraine. We have all stood shoulder to shoulder as we continue to support Ukrainian sovereignty and territorial integrity in the face of Russia's unacceptable aggression.
I would also like to highlight the deep cultural ties we share with Ukraine. Canada is home to 1.3 million Canadians with Ukrainian roots. That is one of the largest Ukrainian diasporas in the world. Many of these folks have called Canada home for generations, but have never forgotten the beautiful country of their predecessors. That is why, now more than ever, our people-to-people and economic ties are crucial to cultivate and continue to strengthen. It is also encouraging to see that nearly 200,000 Ukrainian refugees have arrived in Canada, joining our Canadian family.
However, recently I saw concerning reports that some of these folks may want to leave Canada due to the incredibly high cost of living. We all know the cost of living crisis was created by the Liberal government's inflationary spending, lack of a housing plan and its signature failure of the carbon tax. All these factors are affecting all Canadians, but the effects seem particularly acute for newcomers.
We have seen the difficult financial circumstances of international students and the challenges they are facing, housing included. Now we are getting reports that Ukrainian folks are saying that life in Canada is too difficult. Oleksii Martynenko fled Ukraine for Canada by way of Sweden after his city was attacked by Russian forces. Now he says he is planning to return to Sweden, where life is more affordable. His exact quote is, “I’m tired all the time now. I want to go back to Europe because it’s such a difficult life in Canada.” High housing costs and underemployment are among the challenges many Ukrainian refugees face.
It is a huge wake-up call for the Liberal government that what it is doing in terms of our country's finances, the economy and housing is not working. This pattern is in line with the recent studies that show that newcomers to Canada are leaving at much higher numbers than previously thought. These folks are increasingly leaving Canada for opportunities elsewhere, according to a study published by the Institute for Canadian Citizenship and The Conference Board of Canada.
The Liberal government has mismanaged the economy so badly that immigrants are finding Canada a place to leave rather than a place to stay and create a life. It is as simple as that. The polls across this country are showing exactly that for the larger Canadian population as well. Folks are struggling. Inflation has taken a huge bite out of family budgets. In fact, Scotiabank has calculated that interest rates would be 2% lower if it were not for the inflationary overspending of the Liberal government.
It is important to repeat this because it is strong evidence of where we find ourselves under the Liberal government. Things are so out of control when it comes to the cost of living that Ukrainian refugees and other newcomers to Canada are seriously considering leaving, or are actually leaving, this country. That is a very concerning thing to hear. It is concerning, but it can be corrected if the right actions are taken. That is why our Conservative team has proposed three key areas to address tomorrow's economic update.
First, the government must cancel the carbon tax increase. This is absolutely essential for affordability. Second, it must balance the budget to combat inflation and high interest rates, which have devastated family budgets across the country. Ultimately, the out-of-control spending piled on by the Liberal government has caused inflation to rise and forced the Bank of Canada to keep interest rates high. I agree with the Conservative leader when he says that the $900 billion of mortgages set to renew at higher rates over the next three years have created an emergency on our hands to bring rates down before those mortgages renew. The third thing the government must do for affordability is to promote home building over bureaucratic expansion so that Canadians and newcomers, like our Ukrainian friends who have recently arrived, can afford a place to call home.
To get back to the trade agreement, I know that we as Conservatives believe in supporting our Ukrainian allies, including through trade. We have also supported Ukrainian defence capabilities. It was under the previous Conservative government that Canada undertook Operation Unifier. This operation was a Canadian Armed Forces mission to bolster the capabilities of the armed forces of Ukraine through the provision of critical military training.
Since the start of Operation Unifier under the previous Conservative government, the CAF has trained over 39,000 Ukrainian military and security personnel in battlefield tactics and advanced military skills. It is an effective initiative that has produced substantial results for our Ukrainian friends.
As I wind down my speech, I want to make sure folks at home watching this debate know that the Conservative Party of Canada supports Ukraine one hundred per cent. There should be no doubt about that. I also believe there is immense potential for further growth in our bilateral trade and investment between Canada and Ukraine.
In 2022, Canada's merchandise exports to Ukraine totalled $150 million and merchandise imports from Ukraine totalled $271 million. Canada's top three exports to Ukraine were motor vehicles and parts, fish and seafood, and pharmaceutical products. Our top imports from Ukraine were animal and vegetable fats and oils, iron and steel, and electrical machinery and equipment. In 2021, the stock of Canadian direct investment in Ukraine stood at $114 million.
There is a lot of room to grow those numbers in sectors, and I look forward to it materializing in the near future. I believe both sides are after the same thing, which is a closer relationship between close partners. That is always helpful and is encouraging to see. It is a shame the Liberal Party is trying to muddy the waters by saying that not all parties in the House are in support of closer ties with Ukraine. Let us be honest and transparent with Canadians. Conservatives stand with Ukraine, and we always will.
In closing, let me say that Conservatives will always work to ensure trade agreements are in the interests of Canada and of all Canadians and that we are strong supporters of Ukraine. Also, we must do our jobs as parliamentarians. We need to closely examine this bill and engage with Canadians and stakeholders to get their feedback as we move forward.
I am thankful for this opportunity to speak on behalf of my constituents of Niagara West on this very important topic.
