International Trade committee  No. The standard is serious damage or threat of serious injury. Is that right, Scott?

International Trade committee  It would be in the provisions dealing with the Canadian International Trade Tribunal. The provisions later on, dealing with the tariff, have provisions that deal with how we would be able to invoke a safeguard action in order to protect the Canadian industry from a surge or threa

International Trade committee  It's in the bill.

International Trade committee  I think there is perhaps some confusion between the safeguard provisions and those that pertain to dispute settlement in the case of a violation of the agreement. In the case of a safeguard action, which was intended to protect either market in the event of a surge, the provisio

International Trade committee  I think that's exactly the kind of increased interaction we would like to see generated by this agreement. In the aerospace sector, I'm not aware of other investments at the moment. There may be. We can certainly check our information and get back to you on that. I know that in

International Trade committee  Thank you for the question. As far as pork is concerned, we lost nearly half the market we had in 2011. Denis can give you more details on that. It was a different story in the beef industry. We lost that market because of the mad cow crisis 10 years ago. It takes time to rebui

International Trade committee  For the time being, tariffs and the differences between Canadian and American products are the only problem. The Korean market is very receptive to Canadian goods, as they are considered to be of very high quality. There is no issue with that. To my knowledge, no non-tariff barri

International Trade committee  I think that is a very important strategic dimension to this agreement. We all know the major Korean conglomerates, the chaebols, have a massive footprint throughout the globe, but especially in Asian markets like China, Japan, and elsewhere. As for the extent to which this agree

International Trade committee  That's absolutely true. In fact in this agreement we have the most ambitious provisions on temporary entry for professionals and other service providers that Korea has ever agreed to in any FTA. This goes far beyond what they have in KORUS. Well, in fact, they have nothing in KOR

International Trade committee  Yes. We're hearing loudly, clearly, consistently, and frequently, “Please have this agreement in place by January 1.” There could be no clearer message from the business community in Canada in terms of what their interests are in this agreement and on the importance of moving it

International Trade committee  Yes, Canadian firms currently export a number of aerospace products to South Korea, including simulators. They have been tasked with setting up a training centre in Seoul. What's more, 100% of Korean tariffs will disappear once the agreement comes into force.

International Trade committee  As I mentioned, we anticipate our exports will rise by $1.7 billion. But I don't think we have a breakdown by sector. I can't give you an exact figure for the industry, but it will be a portion of that $1.7 billion.

International Trade committee  As I said earlier, the tariffs will disappear the first day the agreement comes into force. So I hope it won't take too long after that. I will ask Nadia to expand on that.

International Trade committee  If the Canadian car remains duty-free in the United States, the benefits under the Canada-Korea free trade agreement would apply, but if the car is intended for sale in the United States, it would not be covered. Transshipment is not possible.

International Trade committee  Do you mean the amount?