Mr. Speaker, although I have tremendous respect for that member of Parliament and know she works hard and whatnot, I am quite surprised at the lack of knowledge the member has on some of the information regarding this exact treaty. Let me take a moment to refresh my colleague's memory about why Canada is involved in this specific treaty.
Our government understands the importance of trade to our economy. It represents one out of every five jobs in Canada and accounts for 62% of our country's GDP. That is why our government moves forward with ambitious pro-trade plans. They are really the most vigorous in our country's history.
Our plan is to open new markets for Canadian exporters. That includes in the fastest-growing Asia-Pacific region. The opportunities for Canadian exporters in the Asia-Pacific are absolutely phenomenal. Countries in the region include those with economic growth rates of two to three times the global average.
However, before I speak further about the opportunities for Canada in the Asia-Pacific, and particularly with Canada's second-largest export destination, China, I would like to comment on a reference the member opposite made in her original question to our FIPA with Benin.
The FIPA with Benin is just one example of our government's engagement in Africa. In fact, in addition to Benin, Canada has concluded FIPA negotiations with Cameroon, Zambia, Madagascar, Mali, Senegal and Tanzania. These investment treaties will strengthen economic ties between Canada and these partner countries and help Canadian companies invest with greater confidence in these markets. At the same time, facilitating two-way investment helps generate jobs, growth and long-term prosperity that we all hope for in Canada.
Our government is proud of the steps we have taken to strengthen ties with our partners in Africa, but we help Canadian exporters and investors capture new opportunities in other fast growing markets around the world, including in Asia.
An important part of our commercial relationship is ensuring that not only two-way trade occurs, but also investment between Canada and other countries can take place in a stable and secure manner. That is why Canada has over 24 foreign investment promotion and protection agreements with key trade and investment partners, including with China, the world's second largest economy and now Canada's second largest export destination. This is only second to the United States of America.
Canada's trade relationship with China continues to grow. In fact, Canadian goods exports to China rose 15% last year, to over $19 billion. Not only that, but Canada's exports to China have nearly doubled under our Conservative government.
This is a favourable agreement that lends to create the opportunities that Canadian exporters need. It also provides opportunities in China, so Canadians can be present on the ground. That will lead to growth, economic prosperity and job creation.
Along with this trade agreement, there are many other good things to come. I sincerely hope the member opposite will give a second look to the agreement, because there are some wonderful opportunities for Canadians. I hope she will side with us in allowing us to provide those opportunities as have been indicated.