Mr. Speaker, I am pleased to support this important initiative of free trade with our South American neighbours, the people of Colombia, in Bill C-23, An Act to implement the Free Trade Agreement between Canada and the Republic of Colombia, and the measures and agreements on the environment and labour co-operation that are part of that agreement.
Canada has always been a trading nation, and a great portion of our economy and wealth historically came from selling goods that are mined, sourced and manufactured in Canada. As far back as the Hudson's Bay company, our historical wealth, which began hundreds of years ago with fish and furs, developed into manufactured goods and a high-tech industry. Canada could always produce more than our people need, because we have the resources and because Canadians are an industrious people.
I think of Daniel Massey, who in 1850 founded the Massey farm implement company in Newcastle, Ontario, and his son Hart, my mother's great-grandfather, a brilliant businessman who took over the family business. Having developed the most advanced farm machinery in the world, for example reapers and threshers that were sold all over Canada, Massey Manufacturing took on the world and won. It became one of the world's largest farm implement companies, and it continued to grow.
Hart Massey was one of the original masters of the corporate takeover. He managed to absorb the Ferguson Tractor Company and later Harris manufacturing company to create the world's largest farm implement company, Massey Harris.
This was accomplished despite the tariffs that existed. One can only imagine how much further Massey Harris might have gone had there been true free trade, as will be accomplished in this agreement.
I also think about one of Canada's leading companies today, Research In Motion, which makes the BlackBerrys that are so ubiquitous on Parliament Hill and business worldwide, a current example of how Canadian entrepreneurs, given a level playing field, can take on the world and win. Those entrepreneurs have always provided thousands of jobs in Canada, and increasingly, value-added high-tech jobs, the jobs of the future.
In so many cases, such as our high-tech industry, software industry and even in mining and resources, it is important for governments to sometimes get out of the way of our most industrious and creative citizens by lowering barriers that are not benefiting the economies of nations with which it should be trading more.
This agreement opens the door, without trade barriers, to Canadian wheat, paper products, mining, oil and gas, engineering and information technology. I think of two of the world's largest engineering firms with head offices in my riding of Oakville: Amec and Acres International. They are already world-beaters. They already engineer projects all over the world, but they will have better access to Colombian business as we move forward and deepen our presence in Latin America.
Trade creates new jobs and new wealth. All one has to do is look at Ontario's auto pact, which has existed since the 1960s. It is one of our earliest free trade agreements. In my riding of Oakville, we make four Ford models currently, including the Ford Edge. Eighty per cent of the cars and sixty per cent of the auto parts manufactured in Ontario are sold in the United States. Thousands of jobs in Ontario depend upon car and car parts sold in the U.S. The auto industry knows what we know, that Canadian workers are reliable, hard-working, well-educated, healthy and productive.
This industry is totally integrated. I have a constituent in Oakville who runs a plant in Brantford, Ontario. They make engine manifolds that go to plants in the United States and Mexico. They are installed on the engines and come back to Oshawa and other parts of Canada where they are installed in cars that are then resold in the United States.
This is how far a free trade agreement can integrate an industry and create wealth. That is why one out of four jobs in Canada today comes from free trade. Canada has prospered mightily from free trade.
Our largest trading partner, the U.S., has been hit hard by this recession. Its debt-to-GDP ratio is more than double that of ours. Many of its financial institutions have failed. The sales of our producers who sell to the U.S. are down. The place that was our greatest source of trading wealth and jobs has now become weaker.
However, we have been overdependent on the U.S. market for years. The U.S. economy will recover, as will ours, but I have always wondered why the previous government, in 13 years, did not pursue more free trade agreements to lower that dependency on our American neighbours.
We now have a leader with a long-term vision for Canada, Prime Minister Stephen Harper, and a government that is doing that, working with our democratic allies to open doors --