Mr. Speaker, it is indeed an honour for me to rise and speak today on the free trade agreement between Canada and South Korea.
This trade agreement has been a very long journey. It started under a Liberal government, but the Liberals had a record of not doing much about trade. During the Liberals' tenure, they just talked about it. After 10 years, they had only three free trade agreements.
There has been persistence by this government. The Prime Minister, the Minister of International Trade, and the Parliamentary Secretary to the Minister of International Trade have been consistent in trying to reach an agreement with South Korea.
As a matter of fact, at this stage I would like to acknowledge others who have also been working extremely hard to come to a fruitful conclusion for this free trade agreement. They include my colleague from Haliburton—Kawartha Lakes—Brock, Senator Yonah Martin, and colleagues who have been going to South Korea as part of the South Korea-Canada association. Here I include myself: I have made four visits to Korea, the last one being a state visit with the Governor General. During this visit we again raised this issue.
All of these officials consistently put pressure that both sides should continue to negotiate, because this free trade agreement is of immense benefit to both countries. When the Prime Minister met with the President of South Korea at Bali at a conference, both of them agreed that the agreement should be concluded very quickly. When the President of South Korea visited Canada, we were able to say that the free trade negotiations begun in 2005 had finally reached a conclusion. That is what we are debating in Parliament today. It will be ratified as well by the South Korean parliament.
When we look at the history of North and South Korea, we see that there has been tremendous advancement made by the people of South Korea in building their economy, which is one of the fastest-growing economies in the world today. It is a tribute to the people of South Korea. We are very grateful that Canada has over 200,000 people from South Korea living in this country and contributing to our prosperity.
In Canada, everyone knows about the Kia cars and the televisions being built in Korea. Korea's high technology is a tribute to that great country. It is natural for Canada, a country with a small population and vast natural resources, to look for markets overseas to continue to build on our prosperity by building free trade agreements bilaterally with other countries. I am pleased to say that since 2006, when this government came into power, as has been mentioned many times, we have signed 36 agreements. Before that, the Conservative government signed two more, bringing the total under the Conservative government to 38 free trade agreements around the world.
Let us just imagine the business that free trade agreements open up in the market for Canadian goods around the world. We have full confidence in Canadian businesses. We are one of the best in mining, engineering, and agriculture. We have a vast variety of businesses and products and we need markets where we can grow.
The NAFTA agreement we reached with the U.S.A. and Mexico is a clear example of why a free trade agreement is very beneficial. It has benefited all three countries. To say that a free trade agreement benefits one country over another is wrong. New Democrats have said at times that we are giving ground to other countries; we are not. What we are doing is opening markets for us as well as for them. It is mutually beneficial. That is why South Korea is now one of the strongest economies in Asia, and that is why Canada is also a strong economy. Let us not kid about it: Canada is one of the strongest economies in the world and is able to share with others.
Businesses need this market, and the market is growing. The Liberal critic talked about TPP. Indeed, we have TPP negotiations going on, and they are very extensive. These negotiations are going on. We see that the WTO talks have collapsed, but the problem is that we cannot wait for a global situation on a free trade agreement. Therefore, this government took upon itself a very robust agenda of free trade and went out, as I mentioned, to 36 countries. Imagine the market we have opened up for our Canadian businesses to take advantage of.
Of course, because we have the experience that comes with signing so many agreements, we know exactly how an agreement will impact the economy. We have taken into account every sector of the economy. We have talked to the provinces. We have talked to businesses. We have their input, and we have come up with a game plan or template on how free trade agreements should be done.
We are currently in negotiations with India on this same template, but we have also successfully done negotiations with the European Union. If we think about the markets of the European Union and NAFTA, we see that Canadian businesses are poised to take advantage.
From the other perspective, opportunities are opened up for Canadians to go overseas to work and gain experience and become first class in their businesses. That is happening around the world. Canada is welcomed anywhere in the world. We have a very robust corporate social responsibility. We hold Canadian companies to a high standard, and that is why we are welcomed wherever we go. They want Canadian expertise. In this situation, it works best to have a free trade agreement.
This agreement would be beneficial both for Korea and for Canada. There is no downsizing to this thing, contrary to what New Democrats will say, because experience has shown to us, as in NAFTA, that this is not a downsizing but an important and beneficial thing for Canada.
Koreans have already signed free trade agreements with the U.S. and with the European Union, so these countries are far ahead of us. Because of that, we started losing ground in South Korea. Our exports have fallen, and if we do not sign this agreement, how will we catch up? It had become an unlevel playing field, and the Europeans and Americans were far ahead of us. Now we are catching up, and we should be there.
That is why it is important for the other side to understand that we live in a global world. Other people are signing free trade agreements, as I just mentioned. The European Union, the U.S., and other countries are in TPP negotiations. We are in negotiations with Japan, with India, and with other countries, but at the end of the day, other countries are doing the same thing. If we are not up in the forefront in doing those things, we will lose ground, and we, with the smaller population, will suffer the financial consequences if we lose ground.
Let me expand on how provinces will benefit from this agreement. We have a vast country, from British Columbia all the way to P.E.I., and every region has its own strength in natural resources, which it can leverage on the world market. There is agriculture and potash; in the north there are diamonds, forestry, oil; and potatoes in P.E.I. We need this vast country, as I have stated, to move out and do it.
The Canadian trade delegation, led by the Minister of International Trade and the Parliamentary Secretary to the Minister of International Trade, is robust. I just came back from my visit to India, where the premier of British Columbia brought in a strong trade delegation to build up markets with India. I accompanied the Governor General to Brazil, which is an emerging market. It is a market where we can sell and expand our trade with Latin America. I was with the Governor General in Southeast Asia looking for markets to expand in.
All countries are doing the same thing. There is a global competition. It is not as if Canada is doing something different from others. There is a global competition to enter into other markets. Our good friends in Australia have successfully concluded a free trade agreement with Korea. They are good friends, but they are now our competition. They are there ahead of us. If we do not do these things, then we will lose ground. That is why I find it quite strange that New Democrats use any kind of excuse to say they do not want a free trade agreement and they feel we must live within our boundaries. They have never approved any free trade agreement. I have been here for a long time.
New Democrats need to understand that Canada is a trading nation. We market goods; we sell goods to markets. Think of the market in the U.S. that has over 300 million people, the market in the European Union that has 600 million people, the market in India that has 1.2 billion people, or the market in China that has 1 billion people. Canadian companies are robustly present in all of these areas. We have a global presence.
Canada is recognized around the world. As I travel, I see that we have a global presence. We have a global presence because, as I have stated, we have a great reputation, but we are also traders. When we trade around the world, we do it fairly and we have a good corporate socially responsible system here, contrary to what the NDP says. I will not mention the Liberals because with them there is only talk on trade and no action.
I am delighted to say that I have been to Korea and it is a country that I thoroughly admire, as well as the people. This free trade agreement would be of benefit not only to the world but Canada and everyone else, and I ask my colleagues on the other side to support this great agreement.