International Trade committee  One thing that has been in the news a lot lately is the CTA review. The final report came up with an interesting concept around infrastructure and transportation, which was to look at the transportation system as a way to facilitate trade. I think that's a really important concept, especially for a province like Saskatchewan.

International Trade committee  That decision was taken by PotashCorp. That was an independent decision. Canpotex is only responsible for the marketing and delivering of potash. We're not a part of the production decisions of PotashCorp or any of our shareholders. I'm just putting a plug in there.

International Trade committee  Yes, it is, among some of the other reasons I outlined. Things like transparency.... There isn't a dollar value attached to that type of benefit, being able to access up-to-date information in foreign countries. That is something we probably take for granted in Canada, but this predictability and the clarity of the rules in these markets offer a long-term predictable market for us.

International Trade committee  That's not one of the key benefits of the TPP that we've identified.

International Trade committee  Are you asking, is there a market in the TPP that we would now enter?

International Trade committee  We're currently operating in 35 different countries and, as you know, that's in a number of overseas markets.

International Trade committee  We would make our marketing decisions based on customer needs and that sort of thing. Off the top of my head, I can't give you an example of a new market that we would be looking at.

International Trade committee  Canpotex is responsible for marketing and delivering potash on behalf of our shareholders, the potash producers here in Saskatchewan. We have marketing experts who are located close to our customers in overseas markets. We have been operating for over 40 years, and the folks we have in the field have a deep understanding of communities, and the cultures and the businesses in those markets.

International Trade committee  We've invested over $500 million since 1999 in this fleet that allows us to ship more potash to our terminals. They go on to port, and we have three terminals where potash is loaded onto vessels. One is at the Port Metro Vancouver. Now there is one at the Port of Saint John, and we also have one at the Port of Portland.

International Trade committee  Yes, what the TPP would offer is a great deal of predictability and stability for the long term in these markets so that we would be assured there is a path forward should there be any issues that arise in the future, and for how those issues could be dealt with.

International Trade committee  I'm not sure, but I don't believe so.

International Trade committee  Approximately 45% of Saskatchewan's potash is exported overseas.

International Trade committee  It's just to overseas.

International Trade committee  I don't have that data in front of me, but I can share that with you offline.

International Trade committee  Yes, there are tariffs in some countries. There's also some regulatory differences—some that were mentioned earlier—that potash may face, such as import restrictions, or even sizing or chemical composition of potash. Those are things that we've encountered. The TPP generally, as we mentioned, is tariff free.