Thank you, Mr. Chair.
Canada is a trading nation. I think we all know that. Our GDP is about 70% from trade, but it depends on the year. It fluctuates. The United States' GDP is about 20% to 25% from trade. If we look at the overall infrastructure ranking in 2014-15, Canada was 14th in the world and the United States was 18th. The United States is now ranked 12th and Canada is ranked 27th.
That is based on 2019 numbers. This is from the Canada West Foundation. It's on a steep decline and I assume it's gotten worse. It's the same thing with the U.K., which was 29th in 2014-15 when Canada was 14th. The U.K. is now 10th and Canada is 27th. Looking at China in the same period, Canada was 14th and China was 73rd. Canada is now 27th and China is 33rd.
We have a report from this government—the supply chain report. Canada needs to invest $4.4 trillion in infrastructure. They've budgeted $4.6 billion between 2017 and 2028, whereas it would appear we need $88 billion a year to continue to increase our infrastructure for exports. We are an exporting nation. I find these numbers shocking. We've been going absolutely in the wrong direction over the last eight years on the quality of our infrastructure for transportation.
I wonder whether the Canadian Association of Importers and Exporters, the Canadian Chamber of Commerce and Canadian Manufacturers and Exporters want to comment on these numbers. Are you as shocked as I am at how rapidly our infrastructure is declining, given the importance of trade to this country?
Whoever wants to go first.... How about the chamber goes first?