International Trade committee  I think it'd be better to bring them in earlier rather than later, for a couple of reasons. One is that the only way to leave them out until a deal has been concluded among the existing partners is to make a statement of distrust, basically that we don't want China to break int

International Trade committee  Absolutely. We heard Harry Reid say just a few days ago that he's not going to support fast-track authority. Without fast-track authority, I think our negotiator should be very careful about putting too many things on the table, because there's no guarantee the Americans can de

International Trade committee  Yes. First of all, I wouldn't use the word “multilateral”. That's usually in reference to the WTO.

International Trade committee  TPP is an example of what we call a—

International Trade committee  A mega-regional, that's the new term that's come up now. CETA, of course, is the first mega-regional, and the most prominent one. The next big one coming up is the TTIP, of course, between the EU and U.S. My point is that we don't go into free trade agreements, I think, for the

International Trade committee  My sense is that, from a Canadian strategic perspective, we should try to get an agreement with China before other people do.

International Trade committee  A bilateral agreement. The fact is that China has offered to negotiate with us; they haven't offered to negotiate with most other industrialized countries. They only have one deal with an industrialized country, and that's New Zealand.

International Trade committee  Again, I don't have enough details about what has been negotiated, what the contested points are, but fundamentally it's this. We mustn't put in place provisions around e-commerce and IP that hinder trade rather than advance trade. The whole point is to advance trade. If you're

International Trade committee  I'm not in a position—I don't have enough knowledge on that topic to comment.

International Trade committee  I don't have enough information to comment on that.

International Trade committee  Yes, they are looking to change the structure of demand, so it's less export and less investment-driven, and more consumer-driven. It will mean a redistribution of wealth from companies to individuals. It will mean liberalization of the financial sector and probably a rise in int

International Trade committee  And steel. All of that, but China, as we all know, is moving from 12% growth to 7% growth. A lot of that reduction would be because there would be less investment in fiscal infrastructure, partly because they are overbuilt and because of exorbitant property prices. So that 7% gro

International Trade committee  —of non-commodity-based products. Exactly.

International Trade committee  Yes, Japan is still very important, the largest economy in the world. We're negotiating a free trade agreement with them and we should try to conclude that as quickly as possible. India, of course, is on the radar as well. They're going through an election now and they will have

International Trade committee  Yes, size, political weight, it's one of the G-20 countries. It has a very large domestic economy that insulates it from global downturns. So it's one of the targeted economies in the current taper crisis. Indonesia has the ability to grow even when the world is slowing because i