Good evening.
We have had a highly productive few days at the ASEAN Summit in Kuala Lumpur.
Canada’s Trade Minister and I have focused on building new partnerships and unlocking new economic opportunities for Canadian workers and businesses.
Nous sommes réunis ici à un moment à la fois crucial et rempli d’opportunités.
Le monde est devenu plus dangereux et plus divisé.
Le système du commerce mondial est en train de changer de manière fondamentale.
L’évolution technologique et la transition énergétique s’accélèrent à un rythme sans précédent.
En réalité, ce n’est pas une transition. C’est une rupture.
L’ancien ordre mondial est révolu, et même si le Canada a prospéré dans ce système, nous savons que la nostalgie n’est pas une stratégie.
C’est pourquoi nous traçons une nouvelle voie à suivre pour notre pays.
On November 4th, our government will table our first federal budget – our plan to protect our communities, our borders, our way of life, to build a stronger economy where everyone has a chance to get ahead, and to empower Canadians with new opportunities, better careers, and a lower cost of living.
Central to this mission is to double our non-U.S exports in the next decade.
This will generate $300 billion more in trade – new orders for Canadian resources, Canadian industries, and Canadian expertise.
I chose this summit for my first visit to Asia as Prime Minister for a reason. The Canada-ASEAN relationship is full of potential, with tremendous opportunity for growth.
This is a region of nearly 700 million consumers and a market worth over $5 trillion.
It is already Canada’s second-largest trading partner with over $260 billion in two-way merchandise trade.
Yet it still represents only 10% of our exports.
To that end, our new government is working to strike new trade deals in the Indo-Pacific.
In the past few months, we have signed new agreements with the United Arab Emirates in artificial intelligence, with the European Union in defence and trade, with Germany in critical minerals, and with Mexico in agri-food.
We signed a free trade deal with Ecuador that reduces or eliminates tariffs on the majority of Canadian exports.
Last month, in Ottawa, we concluded an historic new free trade agreement with Indonesia – Canada’s first bilateral free trade agreement with an ASEAN nation.
This week, in Kuala Lumpur, we agreed to accelerate progress on the new Canada-ASEAN Free Trade Agreement, targeting completion next year.
Yesterday, I met with the Prime Minister of Laos, the President of the Philippines, and the Prime Minister of Vietnam to move these talks forward.
A deal that would add over $1.5 billion to our economy by giving Canadian workers and businesses greater access to some of the fastest growing markets in the world.
Creating jobs for Canadian workers in sectors such as critical minerals, clean tech, agrifood, aerospace, and advanced manufacturing – while lowering prices for Canadian consumers on goods like electronics and clothing.
President Marcos of the Philippines and I also agreed to launch talks on a new free trade agreement between our two nations, with a goal of concluding next year.
This week, we made significant progress on energy:
Canada is an energy superpower, with the third-largest reserves of oil and the fourth-largest reserves of natural gas in the world – and we are expanding to new markets.
Today, Canada and Malaysia signed a Letter of Intent to deepen investment in liquified natural gas, oil, nuclear power, and renewables.
I met with the CEO of Petronas, one of the world’s largest energy companies and a major investor in LNG Canada Phase 1 – the liquified natural gas facility in Kitimat, British Columbia.
Phase 2 of this project will double production, making it the second-largest facility of its kind in the world and creating tens of thousands of new, high-paying Canadian careers.
We have referred Phase 2 of this project to our Major Projects Office because we want it built fast and to the benefit of Canadians including Indigenous partners.
Together with Petronas, we are exploring new opportunities to expand our partnership and strengthen Canada’s role as a reliable energy supplier.
By 2030, Canada can produce nearly 50 million tonnes of LNG each year – enough to supply Singapore five times over – we could double again by 2040.
Nous collaborons également dans le domaine du captage du carbone, en mettant nos ressources au service de la transition de l’ANASE vers une économie plus résiliente et à faibles émissions..
En plaçant l’innovation canadienne au service des infrastructures énergétiques de l’ANASE, comme son nouveau réseau électrique, nous ouvrons la voie à des milliards de dollars de nouvelles possibilités pour les entreprises et les travailleurs canadiens
Et nous aidons aussi nos partenaires de l’ANASE à atteindre leurs objectifs en matière de connectivité.
Canada is also unlocking new opportunities in technology.
Canada’s BlackBerry operates its Cybersecurity Centre of Excellence here in Malaysia.
We announced an investment to expand the Centre into an international hub for cyber intelligence and security innovation.
Today, I visited CAE, with whom Malaysia Airlines has just signed a deal to purchase a Canadian-built flight simulator.
And I met with the CEO of Air Asia about a potentially large order for A220 planes, designed and built in Quebec.
These are the kinds of partnerships we will keep building – because Canada has what the world wants.
World-class talent, with expertise in clean technology, artificial intelligence, life sciences, and quantum computing.
We are the world’s number one destination for masters degrees – the most educated workforce in the world.
We are an energy superpower, with the third-largest reserves of oil and the fourth-largest reserves of natural gas in the world.
We have an 85% clean electricity grid – which we can readily increase by 50% to power clean manufacturing AI infrastructure, and the electrification of our sustainable economy.
We have deposits of over 34 critical minerals and are ranked among the top 5 producers for 10 of those most essential for the world’s energy transition.
And, we will be quadrupling our defence industrial spending over the next five years, strengthening our role in collective security and creating new careers in Canada’s defence industries.
Next weekend, Canada’s Defence Minister will be in the Philippines to deepen our cooperation with Southeast Asia – expanding access for the Canadian Armed Forces for raining and joint operations in the Philippines – strengthening our shared commitment to regional stability.
When our economic strengths are combined with the new growth policies of our upcoming Budget, Investors have the confidence to build in Canada.
Innovators have the stability they need to take risks in Canada.
And the world has the reasons to trust Canadians as reliable partners.
Le Canada a ce que le monde veut.
Le Canada a ce dont le monde a besoin.
C’est à nous de vendre au monde ce que le Canada a à offrir.
Selling our products to the world is a true Team Canada effort.
Federal ministers are working hard, securing deals and building relationships across Asia.
Premiers from British Columbia, Alberta, and Saskatchewan, to Newfoundland and Labrador, and Prince Edward Island, are leading trade missions across the region.
Demain, je me rendrai à Singapour pour rencontrer le premier ministre Lawrence Wong, ainsi que des grands investisseurs pour renforcer la coopération dans les domaines du commerce, de l’énergie et de la technologie.
Et plus tard cette semaine, je vais participer au Sommet des dirigeants de l’APEC, en Corée du Sud, pour poursuivre ces progrès et resserrer nos liens dans les domaines de l’agriculture, de la défense et des minéraux critiques.
Now, when the old world order is disappearing and the new one has yet to emerge, is a time to be bold.
How we respond will shape Canada’s path for decades to come.
We will strengthen our industries and workers at home and forge new partnerships abroad.
That is Canada Strong.
Source : Office of the Prime Minister