Now he is calling the president a drug lord. Now is that not the most disrespectful thing we could ever hear? I congratulate the member for Burnaby—New Westminster for once again showing his complete lack of respect for the office of the President of Colombia.
I want to talk about this agreement. The previous government speaker outlined the various benefits of this agreement to a number of key Canadian sectors, from agriculture, to paper, to machinery.
I would like to take the opportunity to look at our relationship with Colombia through two different lenses, the lens of trade and services and the lens of investment. I will begin with the benefit of the free trade agreement to Canadian service providers.
As we know, our services sector plays a huge part in the engine that runs our economy: financial services, legal services, engineering, architecture, high technology, and the list goes on and on. In total it is responsible for 69% of our GDP and three in four Canadian jobs, something for which the NDP seems to think it is the champion. However, when we want to create Canadian jobs through free trade agreements, it is opposed to it. The NDP would shut down the softwood lumber agreement tomorrow if it had a chance.
One can imagine the rejoicing that would go on in the southeastern U.S. softwood lumber mills to not have a softwood lumber agreement. We can imagine the kind of tariffs, duties, penalties and fees that would be added on to Canadian lumber going into the States. That is what the NDP want. It wants to shut down free trade agreements, Canadian business and Canadian jobs, the same way it is threatening to shut down the economic stimulus package by voting against the government and calling for an election.
Where does the NDP stand? It is not the champion of Canadian workers. It is the champion of continuing the recession we are in. That is what the NDP is championing.
I am pleased to see that our free trade agreement with Colombia opens up many new doors for the Canadian services sector. Canadian service providers already have a substantial presence in the Colombia market, something the NDP does not recognize or would possibly like to shut down, which would mean the loss of more Canadian jobs. Our services export is in the area of about $40 million to $50 million a year. It is not small change. It is not our biggest export but it is part of our economy.
Driving these numbers are Canadian financial, mining, engineering and petroleum extraction sectors. Sectors like these stand to benefit greatly from the new free trade agreement and we will expand it. Our Canadian companies will do better. They will expand and create more jobs for this country and will help our economy. It is things like that that do not seem to be important to the NDP.
The agreement stands to give our Canadian companies greater access to the Colombian marketplace than ever before, creating jobs, expanding our Canadian businesses and growing our economy, things that are important to most Canadians but not the NDP. It also would give Canadian service providers an added measure of confidence. Under this agreement, they will enjoy a secure, predictable, transparent and rules-based trading environment.
Moreover, our two countries have agreed to begin discussions on mutual recognition agreements, starting with engineering, that would allow for standards and qualifications to be recognized in each other's countries. It would be pretty effective to have something like that brought in. This would save service providers in both nations time and money and would let them get to work more quickly in each other's markets, creating jobs, helping the Colombian economy and helping the Canadian economy. Does that matter to the NDP? I do not think so. The NDP is not happy when things are good and when the economy is buoyant.
The NDP cannot go and tickle the ears of those who are having a tough time in a poor economy and make them all kinds of promises that it cannot ever fulfill. It cannot do that when things are good. Therefore, it does not like buoyant economies, good economies and surpluses. It does not like business.
This free trade agreement with Colombia is one of many that we want to develop with South American countries. We are working with Peru, Brazil and Colombia. We will search out new opportunities with countries with which we can have free trade agreements because it is good for the Canadian economy and it is good for the Canadian workers. It is good for the economy of the countries with which we sign free trade agreements because it helps their country. It brings Canadian technology into a country that was maybe lacking that. Without a free trade agreement that technology would never go to Colombia, Peru or Brazil.
This is a good thing. I wish the NDP would get onboard like the members of the Liberal Party who sit on the international trade committee have gotten onboard.