Madam Speaker, I will be sharing my time with the member for Hull—Aylmer.
I am pleased to speak today to the considerable benefits of international trade for Canada's agriculture and agri-food industry. This sector accounts for more than $60 billion of Canada's exports, generates more than $100 billion, or almost 7% of Canada's GDP, and creates jobs for more than two million Canadians.
Approximately half of Canada's agricultural production is exported. More than one-third of our wheat harvest is destined for foreign markets. Two-thirds of our pork, 85% of our canola and 90% of our pulse crops are exported.
I am proud to represent a region that has a wealth of agricultural activity. Glengarry—Prescott—Russell has many grain, beef, pork, lamb, and even rabbit producers, as well as many dairy farmers, whom I am proud to represent. These local producers all benefit from international trade opportunities.
Take soybeans, for example. Soybean production is booming in eastern Ontario and the rest of Canada. Soybeans were planted on 5.4 million acres in 2015, which is an increase of 77% over 2008. Soy is the fourth-largest crop in Canada. This agricultural sector alone generated $2.4 billion in 2015. This extraordinary growth would not be possible without access to foreign markets.
Canada has a solid record as a reliable supplier of high-quality seed to international markets. We have export capacity on the east and west coasts. We have modern, efficient infrastructure, as well as world-class management. Half of all jobs in crop and seed production depend on exports, and one in four jobs depends on food processing.
Trade benefits more than just producers and processors. In 2015, Canadian farm equipment manufacturers exported $1.8 billion in products to 154 different countries.
These business opportunities translate into economic growth here in Canada, growth that is essential to rural communities. We must continue to provide business opportunities to Canada's farming sector. That is why our government recognizes the importance of international trade.
I would like to remind hon. members that the government is in favour of international trade. The Government of Canada supports free trade as a means of opening markets for Canadian agriculture and agrifood producers, growing Canadian farms, creating well-paying jobs for Canadians, and providing choice and lower prices to Canadian consumers. In short, Canada is a trading nation. Trade agreements help Canada's agrifood sector to further develop its exports for the good of our country and our economy.
The trans-Pacific partnership provides business opportunities for Canadian agriculture. It goes without saying that the government will take a responsible approach by carefully examining all of the details of that agreement.
We are committed to holding a full and open debate in Parliament. That is what we are doing here today. That is what the Standing Committee on International Trade is doing right now, and that is what we are going to do later by debating this issue here in the House, as we promised. We are also committed to ensuring that Canadians are informed and consulted about this important agreement, something that the former government did not do. The hon. Minister of International Trade and the hon. Minister of Agriculture and Agri-Food have already met with a wide range of representatives from all areas of the agrifood industry, including supply management agencies. Supply management is an important issue for me and the people in my riding. The ministers want to hear these representatives' opinions on key issues.
Canadians have the right to know what impact this agreement will have on our country's various industries. We are going to continue to talk with them about the TPP and other issues. The government also recognizes the important role that the supply management sector plays in keeping Canada's economy strong. This sector accounts for nearly 300,000 jobs and $32 billion in economic gains.
If the TPP comes into effect, the Government of Canada is well aware that the supply managed sectors will need mitigation measures.
I am one of the biggest proponents of the supply management system. This system has a proven track record, and it has a place in Canada's economy. We must consider the agricultural sector as a whole, and not as an industry divided between supply management and the free market. We have an approach based on growing the agricultural sector as a whole, and this is the best solution for all Canadians.
I set up a local agricultural committee in my riding, to bring together the various agricultural sectors in my region. This committee has been widely applauded. The various agricultural sectors have much in common, and we all win when we work together.
In closing, I would like to say that we are at a time of tremendous opportunity for Canada's agri-food sector. Agricultural exports are at an all-time record high. Producer incomes and balance sheets are expected to remain at historic levels. The agri-food sector is one of Canada's most dynamic export sectors. It is estimated that up to 50,000 new agriculture-related jobs will be created across Canada in the next five years, both on and off farms, on top of existing vacancies. Some estimate those vacancies to be in excess of 25,000 jobs. With our small population and huge production capacity, Canada is the world's leading agricultural trader on a per capita basis.
Meanwhile, global demand for food is projected to increase by 60% by 2050. Our farmers have the responsibility and the ability to feed the planet. For farmers and food processors, this is tremendous news. The future is bright for Canadian farmers and food processors, with growing demand for the excellent products we grow here in Canada.
The government will work hard to open new markets for farmers and food processors. We are doing the right thing: consulting them and all Canadians on the TPP.