Madam Speaker, I will be splitting my time with the member for Davenport.
I am pleased to speak on this topic for Canadian agriculture and agrifood. CETA would greatly benefit our agricultural industry. We are talking about an industry that contributes over $100 billion to the Canadian GDP. It drives over $60 billion of our trade and creates one in eight jobs. To bring our discussions on CETA into agricultural context, Canadian farmers depend on trade for their livelihoods. On average, about half of the value of Canada's agricultural production is export: three-quarters of our wheat crop, two-thirds of our pork, 80% of our canola and canola products, and 90% of our pulse products.
The EU is Canada's fourth most important export destination. Trade helps secure jobs, growth, and opportunity for Canadian farmers and farm families, and more great food choices for consumers around the world. This is why our government is working hard to open up new markets for our exporting producers around the world.
CETA could drive additional exports up to $1.5 billion, including $600 million in beef, $400 million in pork, and $100 million in grains and oilseeds, as well as $300 million in processed foods, fruit and vegetables.
The signing was praised by many agricultural groups, including the Canadian Pork Council, the Canadian Cattlemen's Association, and the Canola Council of Canada.
The European Union is among the world's largest markets for food. CETA would create new market opportunities in the EU for our agricultural producers, processors, and exporters all across Canada.
Increased market access for our world-renowned beef and pork is only one of the many benefits for Canadian agriculture under this agreement. EU tariffs would also be eliminated on grains such as wheat, barley, rye, and oats; oils, such as canola and soybean; fresh and frozen vegetables; maple syrup; processed products, such as sweetened dried cranberries, french fries, and pet food. As well, in the area of confectionary, it includes baked goods, snack foods, and beverages.
CETA would also give duty-free access for over 80,000 tonnes of pork a year, 50,000 tonnes of beef and veal, and 3,000 tonnes of bison. This is a significant improvement.
With the agreement in force, Canada would be one of the only developed countries in the world to have preferential access to the world's two largest economies, the EU and the United States, providing food for one billion people. This is why timely implementation of CETA remains a top priority for our government.
At the same time, we know that some agriculture sectors would be impacted by CETA; namely, our dairy producers under supply management, who would see increased imports of European cheese.
Our government fully supports supply management, and that is something we are very proud of. We recognize the important role Canada's supply management sector plays in ensuring a strong rural economy, accounting for over $34 billion in overall economic benefit.
We have said all along that our government needs to help dairy producers and processors make the transition when CETA comes into force, and that is exactly what we are doing. I recently announced $350 million for two new programs that support the competitiveness of the dairy sector, in anticipation of the entry into force of CETA. One of the two new programs is $250 million over five years for the dairy farm investment program that will help provide targeted contributions to help Canadian dairy farmers update farm technology and systems and improve productivity through upgrading their equipment.
The other new program is over $100 million over four years for a dairy processing investment fund that will help dairy processors modernize their operation and in turn improve efficiency and productivity as well as diversify their products to pursue new market opportunities.
Dairy farmers have called this an important recognition of the contribution farmers and processors make to the Canadian economy. The long-term investment in dairy modernization provides a sustainable, strong, and reliable industry and economic growth. I look forward to continuing to speak with the dairy farmers and processors to obtain their views on how the programs are to be designed.
We are also going to have discussions with the supply management sector to address the concerns of import predictability and enforced border controls for supply-managed commodities, while ensuring that Canadian processors who use dairy and poultry inputs can remain competitive in the export markets.
CETA is only one of the government's efforts to open new markets for our farmers and food processors.
Following his recent mission to China, the Prime Minister announced an agreement with China to expand beef access to frozen bone-in beef from animals less than 30 months of age; ensure stable and predictable Canadian exports of canola to China on an uninterrupted basis through early 2020; and support trade in Canada's pork, bovine genetics, and some processed foods. We have set a goal of doubling trade between our two countries by 2025.
I recently completed an agricultural trade mission to China where we showcased Canadian agriculture, agrifood, and fish and seafood products. I was pleased to promote our world-class, high-quality products and contribute to $37 million in onsite sales, and $230 million in anticipated sales over the next year. All of this is tremendous news for Canadian agriculture and tremendous news for Canada.
We are also reaching out to other key markets in Asia. Asia is an important market for Canada's agriculture and food products, especially in animal protein. Building on our success in China, we have regained access for Canadian beef in South Korea and Taiwan.
Outside of Asia, we recently announced that Mexico has restored full access for our Canadian beef. The Canadian industry expects that this will eventually boost our beef sales to Mexico to over $200 million a year. We obtained new access for pork to India and restored access for live swine to Russia and the Ukraine. We achieved the repeal of the U.S. country of origin labelling, levelling the playing field for Canadian beef and pork coming into the United States.
To grow new markets, the first thing we need is a world-class product, and we have that covered, but we also need investment and resources. That is where we can play a role in opening the doors for our agrifood exporters.
Innovation is key to keeping our sector on the cutting edge and to ensuring that we can continue to take advantage of global market opportunities.
CETA would deepen Canada's already close partnership with the EU. Its entry into force would help agriculture and agrifood exports in Canada take advantage of the market access opportunities CETA will offer. At the same time, we will be investing in our dairy industry to help it remain strong and competitive.
I am optimistic about the future of our food-based businesses. Canada's reputation for high-quality, innovative, sustainable agriculture and agrifood products will give the sector a competitive edge on the global markets.
We have the best farmers and ranchers in the world. They can produce the food, and we must make sure we export their products. We are committed to creating growth and opportunity for Canadian farmers and farm families, growing our middle class, and ensuring Canadian agriculture is a global leader in the 21st century.
What we have to do is open the doors and make sure that our great farmers and ranchers are able to export their products.