Mr. Speaker, upon forming government, our government established two new priorities.
The first one was re-engagement with the Americas, which would enable us to concentrate on economies such as Colombia and sign a free trade agreement with Colombia, and to work with Panama, Peru and other nations in Central, South and Latin America, and the Caribbean.
The other part of our strategy was a global commerce strategy; that is, to find new markets around the world. That is why we are fully engaged with the European Union on signing a comprehensive trade agreement. That is why we are fully engaged with countries like Iceland, Norway, Liechtenstein, and Switzerland. We signed a free trade agreement with those four nations. That is why we are looking at the BRIC economies of the world: Brazil, Russia, India, and China. These are the growing economies of the world.
We can no longer simply be dependent upon one major trading partner. We must look further afield and diversify our trading partners. That is good for Canada and, quite frankly, that is good for the rest of the world.