Mr. Speaker, in the first nine months of 1995 Canadian merchandise exports grew by 20 per cent, compared to the same period last year. Exports to the United States rose 17 per cent, but the United States is far from our fastest growing market. Sales to Latin America, including Brazil, have increased by some 29 per cent, to Japan by 32 per cent, to the European Union by 42 per cent, to China by 44 per cent and to all other Pacific nations by 47 per cent.
In 1992 our exports amounted to only 26 per cent of our gross domestic product, but today exports constitute 37 per cent of our gross domestic product.