I have a very quick one on trade, because trade is obviously very important for a small open economy such as Canada, with the ongoing NAFTA negotiations.
There have been some green shoots on trade. In the last couple of days, Mexico has signed a trade investment accord with the European Union. We've joined CPTPP. We've concluded our CETA agreement. The European Union has also made the same agreement with Japan. There is some protectionist hubris at the top. We've also entered into negotiations with Mercosur. I think that's important for Canada and further trade liberalization for the global economy.
I know in the MPR that you comment on measures in the States. You comment on global trade patterns and identify them as a risk for the Canadian economy, which I understand. However, suffice to say, there are some policies being put in place by governments around the world for trade liberalization.