If we fail to make any real progress over the summer, I don't think the negotiations would be dropped entirely. I think there would be an effort to try to keep them going at some very minimal level until we could re-engage, most likely with a new U.S. administration. If they're elected in 2008, it would probably take them half a year to get all the right people in place. Then we might have a chance of continuing the negotiations.
But after that length of time, we wouldn't really be sure where we'd be starting from. Things would have changed in many respects. The conventional wisdom is that we would continue the negotiations and pick it up again at a later date. To this point, we've never had a negotiating round completely fail. Having a negotiating round directed towards developing countries fail would send the world a signal that would not be helpful.
On the second part of your question, if the negotiations did fail, then clearly we'd continue to move forward on our bilateral agreements. We can get some improvements on a lot of those.
There will be more dispute settlement cases at the WTO, and we may well be a part of that. You're all familiar with the initiative we've taken on corn.
We're getting into a much less predictable environment. We not only lose the possibility of getting some real changes in terms of cuts to subsidies and improvements to market access, but we lose the strength of a rules-based system and the ability to get new rules in place, which benefit Canada probably more than anywhere. We need those rules to have a fair environment when we're competing against the major players.