Canada–Panama Economic Growth and Prosperity Act

An Act to implement the Free Trade Agreement between Canada and the Republic of Panama, the Agreement on the Environment between Canada and the Republic of Panama and the Agreement on Labour Cooperation between Canada and the Republic of Panama

This bill is from the 41st Parliament, 1st session, which ended in September 2013.

Sponsor

Ed Fast  Conservative

Status

This bill has received Royal Assent and is now law.

Summary

This is from the published bill.

This enactment implements the Free Trade Agreement and the related agreements on the environment and labour cooperation entered into between Canada and the Republic of Panama and done at Ottawa on May 13 and 14, 2010.
The general provisions of the enactment specify that no recourse may be taken on the basis of the provisions of Part 1 of the enactment or any order made under that Part, or the provisions of the Free Trade Agreement or the related agreements themselves, without the consent of the Attorney General of Canada.
Part 1 of the enactment approves the Free Trade Agreement and the related agreements and provides for the payment by Canada of its share of the expenditures associated with the operation of the institutional aspects of the agreements and the power of the Governor in Council to make orders for carrying out the provisions of the enactment.
Part 2 of the enactment amends existing laws in order to bring them into conformity with Canada’s obligations under the Free Trade Agreement and the related agreement on labour cooperation.
Part 3 of the enactment contains coordinating amendments and the coming into force provision.

Similar bills

C-46 (40th Parliament, 3rd session) Canada-Panama Free Trade Act

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.

Bill numbers are reused for different bills each new session. Perhaps you were looking for one of these other C-24s:

C-24 (2022) Law Appropriation Act No. 2, 2022-23
C-24 (2021) Law An Act to amend the Employment Insurance Act (additional regular benefits), the Canada Recovery Benefits Act (restriction on eligibility) and another Act in response to COVID-19
C-24 (2016) Law An Act to amend the Salaries Act and to make a consequential amendment to the Financial Administration Act
C-24 (2014) Law Strengthening Canadian Citizenship Act
C-24 (2010) Law First Nations Certainty of Land Title Act
C-24 (2009) Law Canada-Peru Free Trade Agreement Implementation Act

Votes

Nov. 7, 2012 Passed That the Bill be now read a third time and do pass.
Nov. 6, 2012 Passed That, in relation to Bill C-24, An Act to implement the Free Trade Agreement between Canada and the Republic of Panama, the Agreement on the Environment between Canada and the Republic of Panama and the Agreement on Labour Cooperation between Canada and the Republic of Panama, not more than two further sitting days shall be allotted to the consideration of the third reading stage of the Bill; and That,15 minutes before the expiry of the time provided for Government Orders on the second day allotted to the consideration of the third reading stage of the said Bill, any proceedings before the House shall be interrupted, if required for the purpose of this Order, and, in turn, every question necessary for the disposal of the said stage of the Bill shall be put forthwith and successively, without further debate or amendment.
June 20, 2012 Passed That the Bill be now read a second time and referred to the Standing Committee on International Trade.
June 20, 2012 Passed That this question be now put.
June 7, 2012 Passed That, in relation to Bill C-24, An Act to implement the Free Trade Agreement between Canada and the Republic of Panama, the Agreement on the Environment between Canada and the Republic of Panama and the Agreement on Labour Cooperation between Canada and the Republic of Panama, not more than seven further hours shall be allotted to the consideration at second reading stage of the Bill; and that, at the expiry of the seven hours on the consideration of the second reading stage of the said Bill, any proceedings before the House shall be interrupted, if required for the purpose of this Order, and, in turn, every question necessary for the disposal of the said stage of the Bill shall be put forthwith and successively, without further debate or amendment.

Canada-Panama Economic Growth and Prosperity ActGovernment Orders

February 27th, 2012 / 6:10 p.m.

Liberal

John McKay Liberal Scarborough—Guildwood, ON

Mr. Speaker, in the hon. member's speech, I picked up on the issue of this being fair trade. The condition precedent for fair trade is access to a fair justice system, a system which actually balances the rights of parties in a fair and transparent manner.

I wonder if the hon. member would be able to tell me if this particular treaty allows an aggrieved person in Panama to actually pursue judicial remedy in Canada.

Canada-Panama Economic Growth and Prosperity ActGovernment Orders

February 27th, 2012 / 6:10 p.m.

NDP

Megan Leslie NDP Halifax, NS

Mr. Speaker, I do not know that I am able to answer that question. It is a good question.

I know that in the appendices concerning environmental rights and workers' rights, there is recourse, but I also know that we have had the same type of appendices in other free trade agreements and we have seen absolutely nothing come of it. Canada is not willing to actually pursue this.

That is a good question. I will do my research.

Canada-Panama Economic Growth and Prosperity ActGovernment Orders

February 27th, 2012 / 6:10 p.m.

Green

Elizabeth May Green Saanich—Gulf Islands, BC

Mr. Speaker, I want to thank my friend, the hon. member for Halifax West, for identifying the systemic problems in the NAFTA model. Certainly there are trade agreements for blocs around the world that were premised differently. Members might look at the way the European Union was organized. All countries within the European Union were called upon to raise themselves up to the highest standards of environmental regulation. The poorer nations within the EU received some funding assistance from the wealthier nations.

The NAFTA model, as the hon. member for Halifax West said, is a race to the bottom.

I wonder if the hon. member has any comments on the investor-state provisions within the Panama-Canada trade deal.

Canada-Panama Economic Growth and Prosperity ActGovernment Orders

February 27th, 2012 / 6:10 p.m.

NDP

Megan Leslie NDP Halifax, NS

Mr. Speaker, I am getting some very technical questions today. There is nothing wrong with that. I welcome them. That is great. I like being on my feet.

My colleague raised the EU issue. All nations were called upon to reach an agreement together and to develop some sort of consensus around how to move forward with the EU. In stark contrast here, this trade deal was negotiated in record time. There was no consultation with trade unions, with environmental groups, with civil society organizations, nor with citizens.

That is not what we should expect, a fast, quick trade deal where people are not consulted. However, we do see time and time again here in Canada that is exactly what the Conservatives are doing on pretty much every subject, especially when we consider things like the pipeline with the minister saying there are too many people who want to testify. I guess it is in keeping with the Conservatives' general theme.

Canada-Panama Economic Growth and Prosperity ActGovernment Orders

February 27th, 2012 / 6:15 p.m.

NDP

François Lapointe NDP Montmagny—L'Islet—Kamouraska—Rivière-du-Loup, QC

Mr. Speaker, I would like to thank the hon. member for Halifax for her comments.

The members opposite always talk about the right of workers to reach a fair agreement that deals with their education and status. That is a problem for the free market.

If trade does not make for real progress, then we are preventing these countries from one day developing an actual market. People who have gone to school and who have decent jobs create a market. The position of the members opposite is inconsistent, as though standing up for fundamental rights does not lead to a better quality of life and the development of markets. I would like to hear the hon. member's comments on this issue.

Canada-Panama Economic Growth and Prosperity ActGovernment Orders

February 27th, 2012 / 6:15 p.m.

NDP

Megan Leslie NDP Halifax, NS

Mr. Speaker, my colleague's point makes me think a lot about the idea of using a carrot.

We can say to countries with a bad record on workers' rights that we want to do trade with them, that we want to engage in these kinds of relationships but not until they clean things up, not until they actually respect workers' rights and put in place legislation and we see there is a real commitment.

We could tell them that they have a terrible environmental track record, but that would be the pot calling the kettle black. We could tell them to clean up their act, and once we see that we will engage in trade negotiations.

Canada should be taking that kind of position where we offer an exchange for securing workers' rights, where we offer an exchange for securing environmental protection in other countries. That is the way Canada should act on the international stage.

Canada-Panama Economic Growth and Prosperity ActGovernment Orders

February 27th, 2012 / 6:15 p.m.

NDP

Lysane Blanchette-Lamothe NDP Pierrefonds—Dollard, QC

Mr. Speaker, I very much appreciated the hon. member's speech because he clarified the NDP's position on trade agreements.

A little earlier, I heard a Conservative member ask why the NDP did not want to export Canadian products abroad. That is a completely ridiculous blanket statement. It makes me think of when the Conservatives said that, if we did not support the lawful access legislation, then we supported pedophiles. In fact, I would like to give the hon. member time to clarify our position further. An agreement like the one proposed here can serve to increase inequality. We know that there are always winners and losers when it comes to this type of agreement.

According to the hon. member, what conditions must be included in a trade agreement such as this one in order to ensure that the most vulnerable are protected and do not end up the losers?

Canada-Panama Economic Growth and Prosperity ActGovernment Orders

February 27th, 2012 / 6:15 p.m.

NDP

Megan Leslie NDP Halifax, NS

Mr. Speaker, I want to share something with my colleague from Just Us!. In its mandate it says:

Most importantly as small-producers organize, they gain collective power and a collective voice. In many areas they have traditionally been exploited by colonialism, oppressive regimes and large corporate commodity traders. Cooperative organization increasingly allows farmers to control their economic and social activities and to make the decisions and investments that impact their own communities. We see their choice to farm...in the Fair Trade market, as a statement to work towards a healthier existence....

Would that not be nice?

Canada-Panama Economic Growth and Prosperity ActGovernment Orders

February 27th, 2012 / 6:15 p.m.

The Acting Speaker Bruce Stanton

Before recognizing the hon. member for Honoré-Mercier, I must inform her that I will have to interrupt her at 6:30 p.m. at the conclusion of government business. I will let her know when she has one minute left.

The hon. member for Honoré-Mercier.

Canada-Panama Economic Growth and Prosperity ActGovernment Orders

February 27th, 2012 / 6:20 p.m.

NDP

Paulina Ayala NDP Honoré-Mercier, QC

Mr. Speaker, I believe that Canada can play a positive role in taking up the challenges faced by Panama, a country that has to carve out a place for itself with a population of barely three million people in an ever-changing America. These three million people, for the most part, deserve to participate in and contribute to the growth being enjoyed by Latin America.

There are, however, facts that cannot be ignored if we wish to enter into a free trade agreement with Panama. Panama is one of the most active tax havens. The main economic activity in Panama is the provision of financial services. The G20 met in London in 2009 and stressed the importance of dealing with the problems caused by tax havens and now, Canada is working in the opposite direction and opening up a new front to facilitate tax leakage. An agreement with Panama will promote tax evasion, which involves depriving the taxman of huge sums of money. Canadians will not benefit from the agreement any more than Panamanians.

One aim is to significantly reduce tariffs. However these reductions in a poor country such as Panama could have serious consequences. For example, Panamanian products will end up in competition with Canadian products when, in fact, Panamanians will have little chance of exporting their own goods unless it is produced in conditions of poverty.

We know that the Conservative government has calculated the potential gains for Canada. Nobody is denying that Panama has a lot to offer. Nor is anyone denying that Panamanians are every bit the equals of their Latin American neighbours when it comes to their talent and their determination to provide a rich and honest life for their families.

An outstretched hand between two nations has tremendous potential. Today, I would say that such gestures are necessary. Canadians have extended a hand to welcome, dialogue and co-operate. Obviously, this co-operation benefits Canadians, who in turn create coveted wealth with their partners: jobs, good jobs, a peaceful youth, well-being, and even some money under the mattress. Canadians have a hand extended, but we are not sure that the government really understands why.

Canadians are afraid the government will use this outstretched hand to take without giving back. Canadians are afraid the government will flout Canadian values in its trade with other nations. The many oversights in this free trade agreement only fuel this fear. We need to ask ourselves if they are in fact oversights or if they are deliberate omissions. As it has done regarding the environment and in other areas, is the government limiting itself to developing international agreements based on what it can get out of them? Is it forgetting to include what it has to offer and should offer because it has run out of steam or run out of ink, or is it doing so deliberately? Are these omissions an invitation to Canadian companies to simply take what they like, without giving anything back, an invitation to traffickers of all kinds to continue to plunder?

I am certain that Canadian values are dear to the Conservative members. I have travelled with some of them and, together, we have seen how Canada can help meet certain challenges faced by these countries.

We were all touched by the difficulties being experienced by a number of our neighbours in the Americas. We discussed some promising solutions.

For that reason, I find it difficult to understand the lack of ambition in the bills they are introducing today. Having seen what we are capable of and what contributions we can make, I am surprised by the silence of the proposed agreements. The Conservatives could use the opportunity afforded by this new relationship to provide more education for young Panamanians, and more training for workers and upgrading for those who persevere.

However, they are taking the laissez-faire approach. They are choosing to let others promote Canadian values, and to let corporations make the decisions on trade reciprocity.

In its bill, the government claims to want to “protect, enhance and enforce basic workers' rights”. If the government were as serious about this aspect as it is about eliminating trade barriers, there would be more substance in these agreements. There might be a little more for Panamanians. If the government were serious, it would not merely list the areas of co-operation that are likely to be developed in the future.

The Conservatives could immediately guarantee adequate working conditions, whether by ensuring a minimum wage or labour standards that meet Canadian standards. Instead, they adopt a laissez-faire attitude. They could immediately protect children by offering them education and ensuring they are not put to work. This does not only mean eliminating the worst forms of child labour, but also asking businesses to reinvest 1% of their payroll in training, or promoting local hiring and co-operation with training programs. But the Conservatives adopt a laissez-faire attitude.

Yet, these would be winning conditions for all in an international relationship. He who extends his hand to grab is protecting his own pocket first and foremost. If the government's intention is to simply ensure a secure environment for Canadian investments, then it will confirm Canadians' fear and betray their values. On the other hand, if the government is serious in its desire to develop the potential of the Canada—Panama relationship, then it must be ambitious.

Canadian businesses must bring in as much as they take out. That is a principle of fairness essential to trade. If, in exchange for opening up the Panamanian market we only get a few fruits and vegetables at a discount, while also allowing tax evasion on a bigger scale, then there will be no gain for Canadians. Panama does not deserve to be isolated. On the contrary, that is the worse thing that could happen, including to us. Such isolation would give even more freedom to profiteers. Panama also does not deserve to open its frontiers to speculation and to investment without restrictions.

As for Canadians, they do not deserve to see their confidence and values betrayed by their government's negligence. They do not deserve to see agreements signed on their behalf promote abuse instead of combating it. We have all a duty here to ensure that this free trade agreement between Canada and the Republic of Panama is balanced and ambitious. Therefore, let us work together to ensure that it is indeed the case.

Canada-Panama Economic Growth and Prosperity ActGovernment Orders

February 27th, 2012 / 6:30 p.m.

The Acting Speaker Bruce Stanton

The hon. member for Honoré-Mercier will have 10 minutes remaining for her speech and another 10 minutes for questions and comments when debate resumes on this motion.

The House resumed from February 27, consideration of the motion that Bill C-24, An Act to implement the Free Trade Agreement between Canada and the Republic of Panama, the Agreement on the Environment between Canada and the Republic of Panama and the Agreement on Labour Cooperation between Canada and the Republic of Panama, be read the second time and referred to a committee, and of the motion that this question be now put.

Canada-Panama Economic Growth and Prosperity ActGovernment Orders

February 29th, 2012 / 3:35 p.m.

Conservative

Randy Hoback Conservative Prince Albert, SK

Mr. Speaker, I am pleased to rise here in the House today to talk about the Canada-Panama economic growth and prosperity act.

Our government recognizes that trade and investment are the cornerstone of our economic success as a nation. In Canada, 60% of our GDP and one in five jobs depend on trade. While our economy has outperformed much of the world in recent years, we cannot take our success for granted. Hard-working Canadians are counting on us to continue to expand markets and open doors for our businesses to succeed around the world. That is what our pro-trade plan is all about. It is the most ambitious plan of its kind in Canada's history.

The Canada-Panama economic growth and prosperity act being debated here today is yet another step this government has taken to help Canadians compete and succeed in the global economy. Canadian businesses have long been asking for closer ties with Panama. This government will deliver.

Panama is an innovative, dynamic and rapidly growing economy that offers huge commercial opportunities for Canadian firms. According to a recent report published by the CAPA Centre for Aviation, Panama is the fastest growing economy in all of Latin America. It is expected to be the fastest growing economy in Latin America for the next five years. In 2010, Panama's real gross domestic product growth was 7.5%. It is expected to expand at an equivalent rate in 2011.

This growth, driven by the expansion of the Panama Canal and other major infrastructure projects, represents tremendous opportunities for Canadian businesses. It is important that Canadian firms establish an early presence in this emerging market and build solid relationships that will provide them with a competitive edge. However, the remarkable economic phenomenon that is taking place in Panama is not the only reason this government seeks to forge closer economic ties with this regional partner. Panama holds a unique and influential position in the global trading system, thanks to the Panama Canal. Panama represents an entry point for the broader region, thereby enabling access to neighbouring markets. Canada and Panama enjoy positive and expanding relations built on shared values. Our policies and objectives in the region are well aligned. Panama is a like-minded partner that has demonstrated its commitment to aligning its laws and regulations to international standards.

For example, Panama has made significant strides with respect to transparency in the area of taxation. In recognition of these improvements, in June 2011, the OECD formally placed Panama on its list of jurisdictions that have substantially implemented the international standards for exchange of tax information. This is an important milestone. It demonstrates Panama's progress in fulfilling its commitments to combat international tax evasion.

The Canada-Panama economic growth and prosperity act would mark a new chapter in the Canada-Panama relationship. We have negotiated a high quality and comprehensive free trade agreement. It covers everything from market access for goods to cross-border trade in services, to investment and government procurement. This agreement would help Canadian businesses and workers compete and win in the Panamanian marketplace. It would help forge an even stronger bond between our nations in the years ahead.

The Canada-Panama economic growth and prosperity act would create new opportunities for Canadian businesses and producers by removing the major tariff barriers that Canadian goods face when entering the Panamanian market. Currently, Panama maintains an average most favoured nation applied tariff on non-agricultural goods of 6.2%, with tariffs of 10% or more on a number of products of export interest to Canada.

Panama has agreed that it would eliminate the tariff on 89% of non-agricultural imports from Canada. The remaining tariffs would be phased out over the next 5 to 15 years. This would be a significant reduction in trade barriers expected to benefit a wide range of sectors across the Canadian economy, including fish and seafood products, paper products, vehicles and parts, construction materials and equipment, and industrial and electrical machinery.

Canadian agricultural exports would also benefit from this agreement. Currently, Panamanian tariffs of Canada's main agricultural exports to Panama, which are pork, pulses and Christmas trees, range from 0% to 70%. Once this agreement enters into force, 89% of Canada's agricultural exports would receive immediate duty-free access. The Panamanians would be buying their Christmas trees without tariffs. That is great news for the Christmas tree sector, along with the pork sector and the beef sector.

Products such as beef and pork, frozen potatoes and pulses would receive immediate duty-free access. Other Canadian agriculture exports would see tariff reductions and eliminations over 5 to 15 years.

That is not all. The Canadian services sectors would also benefit from the Canada-Panama economic growth and prosperity act. This agreement would provide Canadian service providers with a secure, predictable, transparent and rules-based environment which would facilitate access to Panama's $20.6 billion services market. Panama is a services-oriented economy offering opportunities for Canadian service providers, in particular for financial, engineering, mining and petroleum extractive services, construction, capital projects and environmental services.

On investment, the free trade agreement would grant investors access to transparent, binding and impartial dispute settlement through international arbitration. The strong obligations in this agreement would ensure the free transfer of capital related to investment, protection against expropriation without adequate and prompt compensation, and non-discriminatory treatment of Canadian investments. Panama is an established destination for Canadian direct investment abroad, particularly in the banking, financial services, construction and mining sectors. This agreement would serve to further promote this bilateral investment flow.

Among the key priorities for deepening our trade relationship with Panama are the remarkable procurement opportunities that exist in the Panamanian market.

In addition to the ongoing $5.2 billion Panama Canal expansion project, the Government of Panama has numerous infrastructure projects either under consideration or already in progress to build and improve roads, hospitals, social housing, bridges and airports. They are part of the $13.6 billion strategic investment plan from 2010-14. Among these projects is the Panamanian government's plan to construct a metro system in Panama City at an estimated cost of $1.5 billion.

The opportunities are out there and more are on the way. Under this agreement, Canadians suppliers would be granted non-discriminatory access to a broad range of government procurement opportunities including those under the responsibility of the Panama Canal Authority. Canadian firms possess the expertise in the areas that Panama is looking to develop. This agreement would enable them to bid competitively in pursuit of such opportunities.

However, it is important to note that many of these projects are already under way. If we delay implementing this agreement, Canadian companies risk losing out on major procurement contracts because they would not be able to take advantage of the government procurement provisions contained in the FTA. It is therefore critical that the Canada-Panama economic growth and prosperity act be implemented without delay.

I know some hon. members have raised concerns about the potential impact of pro-trade agreements on workers. The benefits of this FTA are clear. Canada needs more growth and more jobs. But let me assure the House, this government believes that growth and jobs cannot come at the expense of workers' rights or the environment. That is why the Canada-Panama economic growth and prosperity act would also be accompanied by an important side agreement that demonstrates our joint commitment to corporate social responsibility, the rights of workers and preserving the natural environment.

In parallel to this free trade agreement, the government has signed robust environment and labour agreements with Panama. I know that some members of Parliament here today think that Bill C-24 should be debated at length and ask why this government is in such a rush to pass this bill. The Canada-Panama economic growth and prosperity act was concluded and signed nearly two years ago. We have already lost tremendous opportunities by waiting to implement this agreement.

A bill to implement the Canada-Panama FTA was introduced in the 40th Parliament. The legislation was debated for 15 days and almost 30 hours. The Standing Committee on International Trade thoroughly studied this trade agreement in the previous Parliament and reported the bill back to the House without amendments.

At this point, I sincerely hope the hon. members of the House will work together to complete the debate at second reading on an expedited basis. We cannot continue to lose tremendous opportunities by waiting to implement this agreement. It is time to get the bill through the House.

It is important to note that Canada is not alone in its efforts to forge a closer economic relationship with this economy. Other countries are taking notice of Panama's potential and they are looking to gain first-mover advantage into this strong and growing market.

We in Canada cannot afford to sit on the sidelines while other countries vigorously pursue trade deals to secure market access for their products and services in Panama. Panama has an active and ambitious pro-trade agenda that includes FTA negotiations with a range of partners. Panama's FTA negotiations with the European Union were conducted in May 2010. This free trade agreement is expected to be signed later this spring and could possibly enter into force by the end of 2012.

Even more important to Canada, however, our main competitor in the Panamanian market, the United States, has completed an FTA with Panama. The United States Congress has already approved this agreement. The United States-Panama trade promotion agreement could very well come into force this year. If the House does not act swiftly and decisively, Canadian companies will be at a significant competitive disadvantage. Canadian firms will lose market share in Panama if U.S. firms benefit from preferential access to the Panamanian market while Canadian products continue to face duties.

We must act now to ensure Canadian companies compete on an even playing field and remain competitive in the Panamanian market. Closer economic ties with Panama promise to deliver further gains for Canadian exporters, investors, consumers and the economy as a whole. The benefits of a pro-trade agreement with Panama are clear. An agreement with Panama would support more Canadian jobs by enhancing our ability to export more goods and services into this market.

One of the associations I work with is ParlAmericas. I had the chance to go to Panama to speak with the diputados there about this agreement and what it means to them. This past summer I spent some personal time there with one diputado, who took me around to some of the high-risk communities that are in very poor suburbs in Panama City. He showed me just how much they rely on trade. They view trade as the ticket for the four-, five- and six-year-olds, who came running up to us looking for baseball bats or toys. Their parents and families want good jobs. They say they would have opportunities if they were allowed to compete in the world. They asked me why Canada will not sign this free trade agreement and what is taking so long.

The people of Panama understand trade. They are not scared of it. They understand that trade would bring benefits to their country just as it would to our country. That is why this is such a fair trade agreement and why the Panamanians have been asking us for so long to get this through. The ambassador for Panama here in Canada has been working around the clock trying to make sure that all members of the House understand how good this agreement is for Canada and Panama. This is a positive step forward. This is important for our companies and businesses.

When we talk about growth in Canada and our position in the world, we need to keep making trade deals like the one we have created for Panama. We also need to keep making trade deals like the trans-Pacific partnership agreement in areas like India and Korea. We have to be willing to allow our companies to compete with fair and unfettered access. That is what this government is doing.

I want to credit the Minister of International Trade for the action he has taken in this regard. This is a minister who gets it. He understands the importance of trade. He gets it because he talks to Canadian business people. He asks what he can do to help them grow their businesses, to make their businesses stronger and to ensure they continue to employ people. They tell him they want market access to Panama, Colombia and the United States. They want to make sure that when they have market access and have disputes, they can settle them. They say they simply want fair market access. Canadian companies are willing to compete and love to compete.

In my riding there are a lot of pulses grown. I have an agricultural riding and the pulse growers are ecstatic about this. They see a tremendous opportunity to sell pulses into the Panamanian market. They view Panama as a good stepping stone into the entire Latin American region for the pulse sector. They are not scared to compete. In fact, the Panamanians look at the quality of the pulses that Canada produces and the protein that comes from them. They say it is great and they are excited. If we do not have the FTA in place, another country will fill that market.

Do not think that other countries are standing still. Other countries look at the strategic importance of Panama and say they need to be there, that they cannot let the Canadians beat them there. What has Parliament done? It has delayed, delayed and delayed. There have been elections and other things that have delayed it, which are no fault of any parliamentarian, but in the same breath, there is no reason to delay now.

We need to move forward now. We need to see this agreement come to fruition. We need to allow our businesses to go down there and build those relationships in Latin America, especially in Panama. One thing we have to understand when we are dealing with Panama or any of the countries in Central America and South America, is that they deal based on relationships. Canadian companies need time to go down there and build personal one-on-one relationships with partners they can work with down there. They need the time. Canadian companies need this agreement passed so that they can go down there and take advantage of all these economic opportunities that I have talked about. That is just the tip of the iceberg.

We only need look at the growth potential of Panama, its location, the Panama Canal, the airport in Panama City, where Copa flies into, which is to be an international hub for every country in Central America and South America. There is so much potential. I would sure hate to see us delay our businesses from taking advantage of this potential.

That is why I would strongly encourage all members to look forward and talk to their constituents. The reality is that we need to get this agreement done as quickly as possible and get the bill through committee.

I would remind members it has already been vetted at committee. There is no reason for the committee to take a whole lot of time before bringing this back to the House. The committee should be able to look at previous testimony and understand the issues.

I would also remind the House that it did come back to the House from committee with no amendments, not one amendment. I would also remind the House that occurred during a minority government situation. It was a committee that had the involvement of all parties to push it through.

I would encourage my colleagues to use that co-operation as they did before to push this bill through, in order to allow Canadian companies to take advantage of the Panamanian market and allow Panamanians to experience the products Canadian companies have to offer.

Our businesses will benefit. Jobs will be created. Canada's economy will get stronger. Our constituents will thank us for that.

Canada-Panama Economic Growth and Prosperity ActGovernment Orders

February 29th, 2012 / 3:50 p.m.

NDP

Peter Julian NDP Burnaby—New Westminster, BC

Mr. Speaker, I like the hon. member and I certainly think he put what is a fairly poor argument from the government's standpoint across as well as he could. He is dealing with the PMO's talking points.

The reality is the government has been a massive failure on trade. Canada now has the largest merchandise deficit, the largest current account deficit on balance of payments in our country's history. Why is it happening? We are fundamentally exporting raw materials and jobs out of the country, importing the finished goods that come with the higher-end jobs, which is why Canadians are strapped like never before, have seen a reduction in real wages, have seen lower salaries, and are at the highest level of indebtedness in history. That is the Conservatives' record. They have done the worst in practically everything.

The Conservatives are moving forward with this Panama trade deal. I just want to raise that Panama is one of the world's worst tax havens. We heard that in the trade committee. It has an estimated 400,000 corporations, according to the U.S. state department, and major Colombian and Mexican drug cartels, as well as Colombian illegal armed groups using Panama for drug trafficking and money laundering purposes.

Nothing in this bill prevents that continued money laundering. In fact, there is nothing in the bill that provides for full disclosure.

Why would the member support something when the due diligence was not done, and when the concerns about the laundering of dirty drug money are everywhere on this planet? Only the Conservative Party seems to support the laundering of dirty drug money.

Canada-Panama Economic Growth and Prosperity ActGovernment Orders

February 29th, 2012 / 3:55 p.m.

Conservative

Randy Hoback Conservative Prince Albert, SK

Mr. Speaker, the member would have credibility if the NDP actually agreed with any type of forward movement in trade.

The member has not agreed with any trade deal. He has never said that it has been good for businesses. He has not gone out to talk to prairie farmers who said they have market access for their pulses and pork, which means that farmers are going to have more money in their back pockets. The member has not done that.

He seems to go on with rhetoric and more rhetoric, over and over again, which kind of fits the NDP profile. Those members are just going to oppose. They will never give anything a fair chance. When it comes to a piece of government legislation, they are never going to say that it is probably the right thing to do, and that they will vote with the government because it is the right thing to do.

An example would be the pooled retirement pension plans. It is a very simple piece of legislation that would help workers and business owners provide pensions for people. Instead of supporting something as simple as that, the NDP opposes it.

Could the member provide an example of when the NDP might agree with a piece of legislation that comes from the government? I do not think those days are coming.