Mr. Speaker, I thank my hon. colleagues for that unanimous consent.
The bill is another attempt by a member of the House to use the economic crisis for political purposes rather than helping Canadian families and businesses.
Bill C-392 would require that the government, including crown corporations and any foundation or trust with 75% of its income from the government, give absolute preference to Canadian goods and services in its procurement policies. This would also apply to transfers to the provinces, municipalities and private parties. This is the plan from the opposite side for economic development and employment, and I call it a recipe for disaster.
As members know, the economic crisis has been a synchronized global economic meltdown. No industrialized nation has been untouched by its impact. As a result, the nations of the world came together to fight the global recession with measures to stimulate our economies, and Canada was among them. We in this country are coming back.
Earlier this month, Statistics Canada reported an increase in employment during the month of August, a sign the economy is moving in the right direction. A recent report from the CIBC says that Canada's economy is to grow 2% in 2010, half a percentage point stronger than in the United States and more than double the growth expected in the eurozone economies. This is good news, but to keep the recovery on track, trade is essential.
Everyone knows a recession cannot be fought by using protectionist measures to close the markets in a shortsighted and ill-conceived attempt to save domestic companies and jobs. The last time that was tried it was followed by the Great Depression. That is the lesson of this economic crisis and of history.
In the global marketplace no country is an island. Our government knows the importance of engagement with the world. That is why the Prime Minister has publicly stated he is against protectionism. That is why Canada's policy is to counter buy American provisions in the U.S. and economic stimulus package. Has the hon. member who proposed Bill C-392 understood the lessons of history? I do not think so. Her bill would turn an economy and a nation, built on trading with the world, away from the world.
We cannot fight a recession by choking off one of the key drivers of economic growth. That is what the bill would do. It would slow down stimulus spending by limiting it to those companies that are be acceptable to its narrow criteria. It would penalize small Canadian suppliers that are distributors of foreign made goods in terms of winning contracts. It would increase administrative costs for those companies to demonstrate the origin of their goods and services. In addition, it would increase administrative costs for recipients of federal government transfers, like provincial and municipal governments, charities and individuals.
The government has worked hard to do exactly the opposite, to cut the red tape for organizations doing business with the government. We know the cost of government is an important factor contributing to the competitiveness of our economy. Why on earth would we act to increase our costs at a time like this?
Our government is offering the right kind of leadership at the right time. We are acting to get the economy growing again and to make it stronger than ever. Our economic action plan is working. We are continuing to inject stimulus spending into the economy. We are making government more efficient and effective. We are ensuring that continued and expanded engagement with our trading partners lifts our economy out of crisis.
This is a real plan for economic recovery and Canada will emerge from this crisis stronger because of it. We cannot and will not hide behind protectionist trade policies. That is not the 21st century way. It is not the government's way and it is not the Canadian way.
We have to make a choice: turn inward, lock our doors and watch our economy shrivel, or continue to look outward, build our competitive advantages and secure our prosperity through global economic engagement. When faced with those choices, our duty is clear.
I call upon my colleagues to join me in opposing this bill.