Business of Supply
Madam Speaker, it is one of the serious threats, absolutely. In fact, in the U.S. presidential race that all of us as political nerds in this place follow and watch intently, the troubling rise of protectionist language in both the Democratic and Republican races should trouble Canadians because we have lived and thrived on the border of the world’s most voracious economy. That is why we have had our tremendous success as a large supplier of vehicles, oil, gas, timber, and softwood lumber. If that economy closes up on us, where will Canadian exporters go?
Fortunately, the previous government negotiated the CETA deal and the ones with South Korea and other countries. The TPP with 10 other nations represents 800 million consumers. We need to diversify our interests and our markets. That is what the deal would do.