Mr. Speaker, today marks the beginning of the APEC summit in Vancouver. APEC represents the fastest growing market in the world with a combined GNP of over $22 trillion.
Many of Canada's trade links to the Asian markets have been established by immigrants residing in B.C. Their efforts have helped B.C. emerge as the eighth tiger of the Pacific.
As host, Canada has the opportunity to showcase Vancouver, North America's third busiest port, which boasts a booming economy and state of the art communication and transportation links. However, if Canada is to truly prosper, this government must take the necessary steps to remain competitive.
This government must lower personal, corporate and payroll taxes which deter investment, growth and job creation. It must break down interprovincial trade barriers which stifle growth and inhibit international competitiveness.
There is no question that Canadians across the country will benefit from increased trade with Asia-Pacific. The question is, will the government be proactive, reduce taxes and prove to the world that Canada is indeed open for business.