Thank you for the question.
An agreement like this is always complex. Taken as a whole, it certainly represents a gain at different levels. First, it terminates an agreement at the end of its life, and where we were negotiating with the threat of tariffs hanging over our heads. It is certainly beneficial in that respect.
It is also beneficial insofar as it provides a framework for trade in our industry and trade between Canada and the United States. In fact, we are at the heart of that industrial fabric.
Once we have made sure that we have a framework for trade, it is up to us, Canadians, the government and the industry, to seek greater certainty through the representations that Ms. Freeland or Mr. Trudeau will make to the U.S. to strengthen the perimeter.
The problem we have—