Let us drink to that is right, Madam Speaker.
This is a product that is world renowned that can now move into the European market a lot more easily because of CETA.
The final major beneficiary of access to the European market is the freshwater fish we catch in my riding. A lot of people are surprised about that. Selkirk—Interlake—Eastman is an agriculture-based riding north of the city of Winnipeg, with about 2,700 ranches and more than 3,000 commercial grain and oilseed farms.
I also have over a thousand commercial fishers and their families who will benefit from this deal, especially now that the Province of Manitoba has moved to release the shackles of the draconian Freshwater Fish Marketing Corporation, a federal crown corporation that has really kept them below world prices of fish, especially for great things like our walleye, our whitefish, and others. This gives us an opportunity to move this high-quality product into Europe at zero-rate tariffs. This is a product that is in great demand around the world. Of course we are going to go where it is easiest to get the most money and where it is easiest to go into the marketplace. Thanks to the work of the previous Conservative government, we are able to do that with CETA.
We have to continue to be vigilant. Canada should still pursue an aggressive trade agenda. Despite the rhetoric we are hearing from the NDP, there are huge opportunities here for us as we see a change in the administration in the United States, through the election of Donald Trump as the president-elect. We know that he wants to renegotiate trade deals. He has been somewhat noncommital to multilateral trade deals like TPP, so let us capitalize on getting preferential market access for Canadian farmers, manufacturers, and businesses so that we can put those trade dollars into our own pockets.
We are looking at a market that is worth over $20 trillion in Europe. With this agreement, based upon some very good research, let us say a 20% boost in our trade with the EU, that would amount to over $12 billion for our GDP. It would create 80,000 new jobs. It would increase household incomes. This is something everyone should be celebrating, not fighting.
The same is true with the TPP. Even though Donald Trump has already said he is not going to sign the TPP, there are many countries that sit at that table that want to move forward. I know the Liberal government would rather do business with Communist China, but I would encourage the Liberals to go forward with our partners with the TPP and actually take the opportunity, given to us by Donald Trump himself, to sign that deal and have preferential access into that large market and give us a competitive advantage over the Americans.
For far too long, the U.S. has enjoyed most favoured nation tariff rates in almost all countries, putting our beef and pork producers, our grain and oilseed producers at huge disadvantages because we have to pay higher tariff rates going into those markets than what the Americans pay. That is why we need these free trade agreements: CETA, TPP, and NAFTA. The European free trade alliance agreement, that we signed a number of years ago; Israel; Chile; and Morocco are all key countries that provide us with more opportunities for those in our ridings. It does not matter if they are a steelworker, an autoworker, a grain farmer, or someone working in an abattoir packing beef, these are jobs that depend upon our trade. If we are not trading, we are flooding our own market. If we are flooding our own market, we are depressing prices, and if we are depressing prices, then we will see guys exiting the industry because they are going broke. If they exit the industry, then those jobs disappear.
We have to take the big-picture approach here to ensure that everyone who is involved in the production of our foodstuffs, the service industry, and those supplying transportation to move our various products across the country into export position also have the ability to participate. Our truckers, our rail companies, along with all our shipping industries, depend upon trade.
As I wrap up, I just want to again congratulate all those on our side of the floor who have negotiated CETA. We are finally seeing it. After seven dutiful years of research, study, and negotiation, we have come up with the best possible deal that Canada could ever have that benefits all Canadians.