Thank you, Mr. Chair.
I think the real question here, regardless of the theories, is this. In the deal, has the Canadian dairy sector been treated fairly? You can make an argument that the market will grow. There's no question about that. But the other side of the coin is the so-called unfettered access to the European community, and I think you mentioned a couple of things on that, Wally.
One is the geographical indicators, which will block certain cheese, as I understand it—and you can expand on that. There is the CAP and the decoupled payments paid to their farmers, which means their farmers are highly subsidized and are allowed to export their highly subsidized product into market. We, who are not subsidized a dollar from the Canadian government, are really not, in effect, allowed to export into their market.
Could you expand on that, just so we see the balance in terms of what the government has negotiated here?