Mr. Speaker, it is my pleasure to be here today to have the opportunity to speak about the benefits of the Canada-Honduras free trade agreement for Canadian businesses, and in particular for Canadian investors and service providers.

Our Conservative government has refused to sit on the sidelines while other countries go around the world securing better markets for their products and services and more favourable treatment for their investors. Canada's prosperity requires expansion beyond our borders into new markets for economic opportunities that serve to grow Canada's exports and investment.

I have to compliment the Minister of Agriculture, the Minister of Trade, and the parliamentary secretary for international trade, for the work they have done, and the steady and secure commitment they have had to ensuring we have free trade agreements around the world. I also want to include the parliamentary secretary to the Minister of Agriculture, who has done some tremendous work on this file as well.

That is quite a contrast to what we have seen in the past, and what we see from the official opposition. Liberals were in government for 13 long and agonizing years for Canadians. While they were there, trade was not a priority for them. Certainly for the few years that I was in Parliament when we were in opposition, trade was never a priority for the Liberal government of the time. In fact, during those 13 long years in office, the Liberals only signed three trade agreements. That was at a time when trade was expanding all around the world. They did not see that it was any type of priority.

In contrast, our Conservative government has reached agreements with 37 countries. We can see the difference there. There were 3 that were reached over 13 years, and in the time we have been in government, there have been 37 of those agreements. We are even expanding. We are improving the three agreements that were reached under the Liberals, to try to maximize the benefits they produce for hard-working Canadians and their families. Once again, the Liberals have proved they just cannot get the job done.

Actually, three agreements is far better than what we would have had if the NDP had ever found its way to power. We have had some extreme statements from some of its members about their attitudes toward trade. The NDP member for British Columbia Southern Interior wrote that free trade agreements “threaten the very existence of our nation”, or when the member for Dartmouth—Cole Harbour said that trade agreements are job-destroying.

We see their perspective, but it is not grounded in reality. Actually, the NDP trade critic has been quoted as saying that this trade agreement, along with ones with Colombia, Peru, Chile, Costa Rica, and Panama, are “not key economies with any kind of strategic value for Canada”. It speaks about the NDP and its commitment to trade, but it also speaks about its commitment to those economies that are smaller than ours and those people whose place in the world we can help to improve. New Democrats have consistently opposed any efforts to open up new markets for Canadian businesses. Apparently, they also oppose the opportunity for smaller nations to open up economic opportunities for their people as well. They are just ideologically opposed to international trade.

We heard a number of times earlier today from their critics wanting to know what the connection is between human rights and international trade. Obviously, those connections are very tight. When the member opposite was asking my colleague earlier if he could name one trade agreement where human rights have been improved by an international trade agreement, I would argue that every trade agreement improves human rights, in every country where they have had them. If we believe that a human right is the chance to have opportunity that is free from coercion—and investment agreements and social agreements are part of that—obviously it improves the conditions in every country when we have these agreements in place.

Going back to this specific agreement, we are committed to improving access to foreign markets for Canadian business. We want to support opportunities for increased economic growth and creation of new opportunities for Canadians and Canadian companies. Canada's exporters, investors, and service providers are calling on us to help open doors for them internationally. That is why we believe in, and are pursuing, an ambitious pro-trade agenda.

The Canada-Honduras free trade agreement is part of our plan to help Canadians compete and succeed in a global economy. The agreement is a comprehensive trade deal that will provide our companies with a secure predictable framework for doing business in the Honduran market. It will also enable Canadian businesses to compete on a level playing field with key competitors from the United States and the European Union. These countries are already benefiting from free trade agreements that they have with Honduras, and we believe it is critical to keep pace with these competitors.

I would like to talk about some of the benefits that this agreement would bring to current and potential Canadian investors in Honduras. Foreign investment is a critical component of today's modern and global economy. It creates jobs, facilitates the transfer of knowledge, and increases production efficiencies through economies of scale in the host economy. Foreign investment also links our companies to global value chains and to new economic opportunities, which in turn enhances their competitiveness and increases the flow of goods and services between Canada and its trading partners.

At the end of 2012, Canadian direct investment abroad reached an all-time high of $712 billion. That is almost $1 trillion. Foreign direct investment into Canada stood at about $634 billion. Those are significant numbers.

This comprehensive Canada-Honduras free trade agreement would include high standard investment provisions, which are designed to protect bilateral investment through legally binding obligations. I talked a bit earlier about the investment agreements that are part of these deals and that go toward creating and building institutional strength in many countries so that parallel human rights develop as well. These investment obligations would incorporate several key principles, including things like minimum standards for non-discriminatory treatment, protection against expropriation without compensation, and the free transfer of funds. This dynamic would help to foster an investment relationship between our two countries and pave the way for an increased flow of investment for the years ahead.

Through the Canada-Honduras free trade agreement, investors would also have access to a transparent, impartial, and binding dispute settlement mechanism. It is important to stress that while its agreement would ensure that investors and their investments are protected, it would not prevent either Canada or Honduras from regulating in the public interest, including with respect to health, safety, and the environment.

Investment provisions of the free trade agreement would also include an article on corporate social responsibility. This is something that the opposition often brings up. It has been included in this agreement. It recognizes that both Canada and Honduras expect and encourage companies to observe internationally recognized standards of responsible business conduct. Of course, this would include Canadian companies operating in Honduras.

Overall, this agreement would enhance investment opportunities for Canadian investors in Honduras and make sure that Canadian companies are treated on a level playing field, as I mentioned earlier, with our American and European counterparts.

In addition to the benefits for investors, this free trade agreement would provide Canadian companies with better access to government procurement opportunities in Honduras. Our Conservative government has been at the forefront of efforts to expand and secure access to foreign government procurement markets. Through the negotiation of these types of agreements and obligations, our government is working hard to enable Canadian businesses to take advantage of the opportunities that are presented in these markets through these agreements.

Increasing access, competition, and fairness in government procurement would also support our own domestic interests in obtaining best value in government procurement for Canadian taxpayers. Most of our free trade agreements from NAFTA—Chile, Peru, Colombia, and Panama—have obligations on government purchasing.

I understand that my time is running down, so I would like to talk about how the Canada-Honduras free trade agreement would guarantee secure access for Canadian suppliers through these types of procurement opportunities, reducing the risk of doing business in the region. Moreover, it would ensure that Canadian suppliers can compete on the same basis as their main competitors in the American and European businesses that I have referred to, which already benefit from the free trade agreements that they have with Honduras.

Let us turn for a minute to how this agreement would benefit Canadian service providers. Professional telecommunications and financial services are already exported to Honduras. The free trade agreement would provide secure, predictable, and equitable treatment for Canadian service providers exporting their services to Honduras. The Canada-Honduras fair trade agreement would provide opportunities for Canadian service providers beyond Honduras' existing World Trade Organization's general agreement on trades and services commitments in the sectors that export interests to Canada, such as natural resources, professional services, and information and communication.

In conclusion, taken together, the provisions of the free trade agreement on trade and services would level the playing field for Canadian service suppliers with their American and European counterparts. As members can see, this is a high-quality agreement, with the potential to benefit Canadian investors and service providers. However, they would only be able to seize these opportunities if we ratify this agreement.

I urge all hon. members in the House to support the timely implementation of the Canada-Honduras free trade agreement.

David Anderson

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