Mr. Speaker, I would like to thank my hon. colleague for sharing his time, for his great intervention and for providing his words of wisdom, not only on behalf of members from Quebec but across the country. This is great news for all Canadians.
As a member of the Standing Committee on International Trade, it is a pleasure to rise in the House today to add my support to the Canada-Jordan free trade agreement and accompanying agreements on labour cooperation and the environment. These agreements are the latest examples of our government's strategy to open doors for Canadian businesses and investors in these challenging economic times.
In particular, the free trade agreement will benefit a number of sectors all across Canada. In the next 10 minutes, I will outline this fact to show Canadians how this agreement benefits all sectors, including the riding of Kelowna—Lake Country, which I have the privilege of representing. In 2008 British Columbia had over 10 million dollars' worth of trade with Jordan in paper, paper board, wood and machinery. Creating jobs is definitely what we are all about in these challenging economic times.
As we move forward in these sectors, we will talk about why our trade relationship with Jordan is so very critical at this time in our history. The fact is that sectors across Canada's economy need the kind of competitive access provided by this free trade agreement. The agreement immediately eliminates tariffs on the vast majority of current Canadian exports to Jordan. To be more precise, the agreement will eliminate all non-agricultural benefits and the vast majority of agricultural tariffs on our two-way trade. That is great news for farmers, who will benefit from this agreement.
The agreement eliminates tariffs on pulse crops, including lentils, peas and beans, frozen french fries, animal feed and various prepared foods. It will also expand opportunities for Canadians in other sectors, too, including forest products, industrial and electrical machinery, construction equipment and auto parts. Our manufacturers and Canadian employers in all these sectors need every competitive advantage they can get in the globalized competitive marketplace in which they are competing.
We are trying to have a level playing field and a rules-based trading agreement. We are developing new trading partners, not increasing protectionism, which we have heard other parties opposite advocating. We are increasing partnerships, not protectionism. Through tariff elimination, our free trade agreement with Jordan will open new doors for these sectors, create new opportunities for Canadians employed in them and help our businesses succeed in the global marketplace.
Permit me to take a moment to also touch on the foreign investment promotion and protection agreement, also known as FIPPA. Signed at the same time as a free trade agreement, this FIPPA will help encourage two-way investment by providing investors in both countries with the clarity and certainty they need when investing in each other's markets. There is a mechanism in place to ensure certainty, clarity and stability in that agreement and give Canadians confidence that they are going to invest in Jordan and vice versa.
Canadian investors are discovering a wealth of opportunities in the Jordanian market. Sectors such as resource extraction, nuclear energy, telecommunications, transportation and infrastructure all hold much promise for Canadian investors. Just look at the great success the Potash Corporation of Saskatchewan has found in Jordan. It is now the largest foreign investor in Jordan. There is a long list of other Canadian companies. Earlier, my hon. colleague mentioned Bombardier and SNC-Lavalin. They have made significant inroads into the Jordanian market.
That is why the free trade agreement and the FIPPA are such great accomplishments. In a broader sense, it is only the beginning. This agreement is Canada's first ever free trade agreement with an Arab country.
A couple of years ago the trade committee had a chance to go to the Middle East. This is going to open the door to expansion for trade to the Middle East and north Africa, which is a great opportunity and very important for Canadian businesses.
This free trade agreement with Jordan gives us access to a critical market in the region. We have opened a number of significant doorways into the region and set the stage for Canadian businesses to create even more commercial links throughout the Middle East and north Africa in the years ahead.
Canada also believes that deeper commercial engagement need not come at the expense of labour standards or the environment. We think trade and investment can be a positive force for communities worldwide, which is why this government is very pleased to include parallel labour and environmental agreements as part of the larger package of agreements we have signed with Jordan.
Let us start with the labour cooperation agreement. It commits both countries to respect the core labour standards set out by the International Labour Organization. These are standards that help eliminate child labour, forced labour and workplace discrimination and that respect freedom of association and the right to bargain collectively. The agreement also commits both countries to providing acceptable minimum employment standards and compensation for occupational injuries and illnesses.
I should also add that under this agreement migrant workers will enjoy the same legal protections as nationals when it comes to working conditions. Also significant is the agreement on the environment which commits both countries to pursue high levels of environmental protection in the development and improvement of policies that protect the natural environment, a concern for all of us in the House.
Domestic environmental laws must be respected and enforced. This agreement commits both countries to this goal. It also commits both countries to ensure that strong environmental assessment processes are in place as well as remedies for violating environmental laws. This is very, very important.
Through the agreement on the environment, our government is also encouraging businesses to adopt best practices of corporate social responsibility and promote public awareness and engagement. I know Canadian businesses that are doing business around the world are leaders in CSR, corporate social responsibility, and are leading by example. These measures will help ensure that increased trade and investment does not come at the expense of the environment and that business can play a positive role in the life of each country.
This is a critical time for Canada's economy. The global economic downturn has hit all nations. We must take steps to sharpen Canada's competitive edge and prepare for the recovery. The global economy is not going away. One in five Canadian jobs depends on Canada trading in the world. That is why we have the global commerce strategy, which was embarked on with the previous international trade minister, Mr. Emerson, whom I highly respect. He is working in the private sector continuing to expand business around the world.
Now my colleague from Okanagan—Coquihalla is the Minister of International Trade. He and the Prime Minister were just at APEC, a major Asia-Pacific economic conference. They were in India and are going to China next month. We continue to expand and open doors for Canadian businesses. This is what it is all about, opportunities for our businesses and investors to thrive and prosper today and beyond the current economic downturn.
Our free trade agreement with Jordan is an important part of these efforts. Through the FIPPA and the two agreements on labour and environment, Canada needs those tools to be competitive in Jordan and continue making the links in the expanding markets of the Middle East and north Africa.
In summary, Canadians can count on our government to impose protectionism and defend free and open trade on the world stage. In less than four years our government has opened doors to Canadian businesses by concluding new free trade agreements with Colombia, Peru, Jordan, Panama and the European Free Trade Association states of Iceland, Norway, Switzerland and Liechtenstein. Upon implementation, this free trade agreement with Jordan will eliminate tariffs on the vast majority of Canadian exports to Jordan, directly benefiting Canadian exports.
Key Canadian sectors that will immediately benefit include forestry, manufacturing and agriculture and agri-food. These are sectors in which Canadian companies are global leaders. I have a strong component of agriculture and horticulture in the Okanagan and we look forward in British Columbia, the Prairies and across Canada to opening new doors.
By eliminating tariffs on imports from Jordan, this also means better prices for consumers. That is what we are here for, to give our consumers the dollar value and continue to create jobs as well. It is a win-win all around. The labour cooperation agreement commits Canada and Jordan to respect and enforce internationally recognized labour principles and rights, such as the elimination of child labour, forced labour and workplace discrimination and the respect of freedom of association and the right to bargain collectively. Canada and Jordan have negotiated an agreement on the environment that commits the parties to maintain high levels of environmental protection to effectively enforce domestic environmental laws and to not relax or derogate from such laws to attract trader investment.
I ask all members of the House to support this agreement and our government's efforts to create jobs and opportunities for all Canadians, not only for today but for the years ahead.