SoVote

Decentralized Democracy

Hon. Judy A. Sgro

  • Member of Parliament
  • Liberal
  • Humber River—Black Creek
  • Ontario
  • Voting Attendance: 65%
  • Expenses Last Quarter: $134,163.57

  • Government Page
  • Oct/24/23 1:23:03 p.m.
  • Watch
  • Re: Bill C-57 
Madam Speaker, I am pleased to be here today to speak to something that I think is very important to all of us here in the chamber, the legislation for the modernized Canada-Ukraine free trade agreement. It is my honour to rise in the House today in support of legislation to implement, as quickly as possible, the modernized Canada-Ukraine free trade agreement, or CUFTA, as it is often referred to. Recently, the Canada-Ukraine bilateral relationship has been marked by Canada's steadfast support for Ukrainian independence, sovereignty and territorial integrity in the face of protracted Russian aggression. Canada has stood beside our Ukrainian allies to support them as they fight for their independence, democracy and freedom. I know they are waiting for this free trade agreement to be done, with much expectation that Canada will finalize it as soon as possible so that we can open the door for further trade with Ukraine to help it in the terrible war it is dealing with. Since the beginning of this illegal full-scale invasion by Russia in February 2022, Canada has committed close to $9 billion in multi-faceted support for Ukrainians, because we know how desperately they need it, and they are eager to see this free trade agreement as well. Today, we have yet another opportunity to demonstrate our continued support for Ukraine through other means. Bill C-57 would not only offer benefits in the near term but would extend well beyond the strengthening of the foundation on which Canadian and Ukrainian businesses can work together in the economic reconstruction of Ukraine, underpinning the long-term economic relationship between our two countries. This is not a new deal. This is an expansion of the free trade agreement. We have been dealing with free trade with Ukraine for a very long time, so this is not new, something that has just popped up that we have not seen. We knew it was coming, and it has been worked on explicitly to make sure it is the very best that it can be. I am referring to the modernized CUFTA, of course. The modernized CUFTA is a comprehensive high-standard agreement that, once implemented, will not only support Canadian and Ukrainian businesses but will also deepen commercial linkages, enhance co-operation, provide for increased transparency in regulatory matters, support inclusive trade and help reduce costs for businesses. That is very much what this free trade agreement is about, and it is very important that we understand it all. One of the key outcomes of the original 2017 agreement was the market access that it gained for Canadian and Ukrainian produced and manufactured goods. If ever a Ukrainian needed help with a free trade agreement, it certainly is today. As of January 2024, all tariff elimination schedules will be complete and over 99% of Canada's exports to Ukraine will be eligible to enter Ukraine duty-free. That is a very important aspect of this free trade agreement. This will make Canadian goods more competitive in the Ukrainian market, and vice versa, which we very much want. It will be especially valuable as we move toward reconstruction, economic renewal and longer-term prosperity for Ukraine. Thanks to the CUFTA, Ukrainians will be able to enjoy more high-quality Canadian goods, such as frozen meats and fish, fruits and vegetables, other consumer goods, and essential services. Meanwhile, Canadians will be able to enjoy the Ukrainian goods and services that we all enjoy, to help with the cravings and needs of the many Ukrainians living in Canada. There are a multitude of brands from Ukraine that have proved themselves to be good additions to the Canadian market over the last many years. The CUFTA helps us broaden our horizons and support the Ukrainian economy, especially in these challenging times. I know they are very excited and looking forward to this bill's passing. Throughout negotiations, both sides demonstrated an eagerness to reach an ambitious and high-standard agreement with the aim of facilitating increased trade between our two nations, not just to meet the more immediate needs of reconstruction, which are great opportunities for Canadian companies to go to Ukraine and help in the rebuilding process, but long into the future. This eagerness is reflected in how comprehensive the modernized CUFTA is with respect not only to trade in goods but also to investment services and inclusive trade. The CUFTA helps make the reconstruction process transparent and sustainable. Also, this agreement is the first FTA addressing anti-corruption provisions. Canada has always been there for Ukraine since its independence in 1991, and this new agreement is yet another opportunity for Canada to make itself visible in Ukraine and to lead by example. As a result, the modernized CUFTA would not only maintain the preferential market access gained in the original FTA for merchandise exports and imports, but would also support new opportunities for expanded commercial ties between Canada and Ukraine in the context of reconstruction efforts and well beyond. These benefits have led to strong support for this agreement by key stakeholders, including the Canada-Ukraine Chamber of Commerce, representatives of which were recently on the Hill and expressed their desire to see this FTA continue. Sectors of strategic importance to Ukraine's recovery include infrastructure, renewable energy, financial services and oil and gas, which are all areas where Canada has strengths. Furthermore, Canadian companies have indicated an interest in pursuing opportunities in Ukraine in the areas of defence and security, energy, ICT and agriculture, and are positioned to engage when and where the circumstances permit. According to the latest estimate by the Ukrainian side, since February 2022, more than 37% of the total damage in Ukraine falls on residential buildings, another 24% on infrastructure and 8% on assets of enterprises and industry. According to Ukrainian and international analysts, Ukraine will turn into the largest construction site in the world after this war ends. The modernized CUFTA would support Canadian businesses as they position themselves to respond to these interests, taking into account the scope of the market that Ukraine has. It is time to use that window of opportunities. Prior to the negotiations, the government conducted public consultations with Canadian stakeholders on what they would like to see in a modernized FTA with Ukraine. The initiative received strong support from stakeholders, indicating that modernization of the CUFTA would enhance the competitiveness of Canadian firms in the Ukrainian market, among other benefits. Stakeholders specifically identified pursuing stronger trade rules, increased transparency obligations, expansion of the agreement to cover services and investment, and inclusive trade as priorities. I am pleased to confirm that the modernized agreement before us reflects these aims and more. If I may, I will now say a few words about the modernized agreement, highlighting some of the benefits and opportunities it presents for Canadians and Ukrainians with an overview of the new chapters that have been added. First, the agreement includes a dedicated new chapter on cross-border trade in services. This includes provisions on the recognition of professional qualifications that will facilitate trade in professional services, which is strategically important for both parties in a knowledge-based and digital economy. Ukraine is a land of world-class talents who are ready to contribute their knowledge and expertise to the common good. The new CUFTA would allow these professionals to focus on their work and what they can do best, not on the bureaucratic ping-pong that can drain the needed energy and enthusiasm from all parties involved. The agreement also includes a new chapter on investment that would replace the Canada-Ukraine Foreign Investment Promotion and Protection Agreement. Featuring updated provisions on investment protection, the new chapter also ensures that investment obligations operate as required.
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  • Sep/18/23 3:58:53 p.m.
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Madam Speaker, it is wonderful to be back here in the House. I have the honour to present, in both official languages, the 10th report of the Standing Committee on International Trade, entitled “Canadian Mining and Mineral Exploration Firms Operating Abroad: Impacts on the Natural Environment and Human Rights”. Pursuant to Standing Order 109, the committee requests that the government table a comprehensive response to this report.
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