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Minister of Export Promotion, International Trade and Economic Development

Hon. Mary Ng

  • Member of Parliament
  • Minister of Export Promotion, International Trade and Economic Development
  • Liberal
  • Markham—Thornhill
  • Ontario
  • Voting Attendance: 63%
  • Expenses Last Quarter: $101,141.61

  • Government Page
Context: House Hansard - 292 - Mar/20/24
Hon. Mary Ng (Minister of Export Promotion, International Trade and Economic Development, Lib.)
  • Mar/20/24 9:18:12 p.m.
  • Watch
  • Re: Bill C-57 
Madam Chair, it is an honour to take part in tonight's debate on the relationship between Canada and Ukraine. Before I continue with my speech, I want to take a moment to recognize in the chamber former prime minister Brian Mulroney and to extend my condolences to his family and to all those who knew him. Prime Minister Mulroney was, of course, a steadfast supporter of Ukraine, and his leadership continues to positively impact the Canada-Ukraine relationship today. When Prime Minister Mulroney was prime minister in 1991, Canada became the first western country to recognize Ukraine's independence. As colleagues may know, Bill C-57 received royal assent yesterday, leading us one step closer to bringing into force the modernized Canada-Ukraine free trade agreement. This modernized trade agreement represents a historic milestone for the Canada-Ukraine commercial relationship and for Ukraine's economic security, which I will be focusing my remarks on tonight. The Canada-Ukraine free trade agreement, also known as CUFTA, is just one of the tools Canada is using to support our ally Ukraine, which continues to face the violent consequences of Russia's illegal and unjustified invasion. Indeed, since the beginning of the conflict in 2022, Canada has committed over $13.3 billion in multi-faceted support covering military, financial, humanitarian, development, security and cultural assistance for Ukraine. The modernized free trade agreement is another form of support that will provide the framework for bilateral trade and investment. It will strengthen the foundation on which Canadian and Ukrainian businesses can work together, not only now but also during Ukraine's recovery and economic reconstruction over years to come, when it will win this war against Russia's illegal invasion. Furthermore, our bilateral relations are strengthened through our warm people-to-people ties that are rooted in Ukrainian Canadians in our country. They represent roughly 1.3 million people and have shared values. Many of these values are reflected in CUFTA. In January of this year, I had the opportunity to spend some time across western and central Canada, from Alberta to Saskatchewan and Manitoba, and of course here in Ontario. I have spoken with many Ukrainian Canadians, businesses and stakeholders about what was before our Parliament, which was the modernized CUFTA. There was a lot of interest from Ukrainian Canadians, certainly from the Canadian private sector, to support Ukraine as it continues to keep not only its economy going, but also its reconstruction activities. The modernized CUFTA is going to do just that. Canadian companies would not only trade in goods, and that was the agreement we just modernized. It has been modernized with provisions that allow for services, trade and investments. The new trade agreement has nine new dedicated chapters that cover things such as cross-border trade in services, investments, financial services, telecommunications and good regulatory practices. As well, it includes dedicated chapters on inclusive trade, trade that will yield benefits to all in our economies, such as small and medium-sized businesses, which has a chapter. There is the first-ever trade and indigenous peoples chapter to be in a concluded FTA, as well as a chapter on trade and gender, so that the benefits of trade will be shared widely. Ultimately, the outcome of this agreement is a modern, ambitious and fully comprehensive free trade agreement that will fortify the Canadian-Ukrainian bilateral commercial relationship for years to come and will support Ukraine's long-term recovery and trade interests. It is also good for Canada. There are many Canadian companies that have a lot to offer that will benefit from trade and investment in Ukraine. I look forward to leading a business mission to Ukraine. Many businesses I talk to are interested in having the trade minister lead a mission that will open up some of those doors and create the opportunity, and that would just build on the momentum of the new CUFTA. Let me conclude by thanking the negotiators, not only in Canada but also in Ukraine. They were negotiating this in the midst of a war, with sirens blaring and bombs going off around them. I want to thank them for their courage. Let us rebuild Ukraine together.
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