Mr. Speaker, because of that interruption, I would hope that the hon. member for Wascana would now stay and listen to this stimulating debate. We are talking about a very important issue, an issue that is important to all members of this House, especially those from Saskatchewan.
As I was saying, Canada has an abundance of fresh water compared to other parts of the world. All of us who represent ridings across this country that are surrounded by water or have water passing through our ridings in the form of creeks and rivers realize this.
Along with our friends and partners to the south of the border, we are joint stewards of the largest group of freshwater lakes on this planet, that being the Great Lakes, as referred to by my hon. colleague from Yellowhead. Communities situated around the Great Lakes depend on this important resource and they look to their governments at all levels to work together to protect it.
That is why this government takes very seriously the protection of our water resources. Let me be clear at the outset that Canada has and will maintain full sovereignty over the management of water in its natural state in Canada. In doing so, we are in no way constrained or bound by trade agreements, including the NAFTA.
The opening comments by the hon. member for Sherbrooke are factually incorrect and in a lot of ways are very misleading. Some of the witnesses that he referred to I would suggest have not done their homework on the realities of what this government is doing to protect that resource.
There is no need to begin talks with our American and Mexican counterparts to exclude water from the scope of NAFTA because we already have such an agreement, since 1993, before the NAFTA even entered into force. Canada has a strong, comprehensive and internationally recognized regime of protection for our water resources.
The International Boundary Waters Treaty Act prohibits the bulk removal of water from boundary basins. It has been that way since 2002 when new amendments to the act came into force strengthening Canada's ability to protect this important resource. The provinces and territories have also developed legislation, regulations or policies to protect the water resources within their jurisdiction.
This solid regime is the result of a number of policies that have been put in place over the years including in response to the 2000 report from the International Joint Commission, the IJC, which recommended that we take further steps to protect our Great Lakes, not just at the federal level, but at the provincial and territorial levels also.
In fact since the release of the report, the IJC has commended the Government of Canada for the added safeguards that it has put in place. I think Canadians can take immense pride in the work that their governments at all levels do to protect this important resource.
From a trade perspective our current regime is actually stronger than an all-out export ban could ever be. Water is protected in its water basin, in its natural state, before the issue of its export ever arises. This is an environmental protection measure of general application that helps preserve the integrity of the ecosystems that rely on this water for their health and vibrancy.
An export ban would not provide nearly the same high level of protection. Such a ban would only focus on water once it has become a good or a product, that is, processed or bottled, for example. The NAFTA parties have clarified that water in its natural state is not a good, and therefore is not subject to trade agreement. Under the current regime our water in its natural state is not subject to trade agreements.
I know that media reports, along with the members opposite, have focused on a set of private think tank meetings discussing future options for trilateral discussions relating to water. Let me be clear. Studies from private think tanks do not reflect Canadian policy. They are not funded by the Government of Canada and they are not part of our efforts to make North America more secure and more competitive.
However, I do think there is much scope for making Canada more competitive in the North American context. The NAFTA has given us a great start. There is no doubt that our partnership with the U.S. and Mexico has stimulated business, created jobs, and brought higher wages to Canadians. We continue to work with our partners to strengthen our trading relationships under the NAFTA and boost competitiveness and prosperity in all three countries.
For instance, we are working on reducing export related transactional costs and enhancing industry competitiveness through the NAFTA region. We are also working to bring our standards and regulations closer together to create more efficient supply chains and help our businesses compete. We are examining how all three countries might collaborate in trade agreements with other countries and how elements of newer free trade agreements might inform improvements to the NAFTA.
This focus on competitiveness is essential. When we look beyond North America, we see the continued rise of hugely competitive economies, nations like China, India and Brazil. We see the formation and the consolidation of trading blocs like the European Union and the Association of Southeast Asian Nations.
Canada must be able to compete. Our position in North America is not only the basis of our national prosperity, it is a huge competitive advantage, one that we should continue to use for our benefit. That is why we will continue to work closely with our friends and partners in the United States and Mexico through the NAFTA and also through the security and prosperity partnership to bring down remaining barriers to trade and investment and make our economies more competitive on a global scale.
Through the NAFTA we have created the largest free trade zone in the world. Our competitors from around the world look at us in envy as having that opportunity to be part of that large of a trading zone. We have created one of the world's great economic partnerships. We have shown the world how three sovereign independent nations can collaborate for mutual benefit.
This government is committed to ensuring that the North American partnership continues to work for Canada and brings prosperity to Canadians from coast to coast. We are committed to doing this while protecting Canadian interests, including that of our water resources. We have a strong, internationally recognized regime of protection for our water resources. I can assure this House that we will continue to work with the provinces and the territories to ensure this regime protects our interests throughout the country for years to come.