Mr. Speaker, I do want to take this opportunity while I am on my feet to particularly thank you for your involvement in hosting a great Christmas event yesterday for the children on Parliament Hill. My daughter was much more excited about meeting you than Santa Claus.
Just briefly, in my final few minutes, I will summarize what I have been talking about on this important bill. Bill S-4 would implement a tax treaty between Canada and the Government of Israel, Canada and the Government of Taiwan, and Canada and Hong Kong. It is important that we take this time to reflect on the importance of trade liberalization, in general, and certainly the benefits that have come to Canada and will continue to come to Canada as the result of our commitment to open trade.
I have called on the government to continue with what it has been doing, which is moving forward with the kinds of trade deals that we began under the previous government, but also to move from inertia from the continuation of these things to actually starting new initiatives when it comes to trade. We need now, more than ever, leaders who are prepared to recognize and speak to the benefits of trade.
I spoke about the importance of understanding the relationship between trade and our strategic interests, and how our relationships with the countries that are identified in this legislation are particularly important, because of the strategic dynamics that are at play—the kind of relationship we have with Taiwan as a democracy in the Asia Pacific region and certainly the relationship we have with Israel as a democracy in the Middle East.
Our desire to pursue stronger commercial ties reflects Canada's economic interests but also reflects our values and the benefits of working together, in particular at a commercial level, with countries that share our values.
We are pleased to support this bill and hope to see it pass.