If we don't get an agreement, a removal of tariffs and, importantly, a renewal of CUSMA—because, while the 232 tariffs have an immediate impact now, if you're a company that is thinking about investing in Canada and you have no certainty regarding the future relationship with the United States, which is what is codified in our CUSMA agreement—it is virtually impossible to make long-term commitments in Canada. Therefore, we need a resolution on both items, and we need that to happen rapidly, or it will be very difficult for any new investment in this country and to maintain existing investments.
Frankly, that's not just an automotive story. That applies to virtually every sector of the Canadian economy. We are overwhelmingly dependent on the United States. That will never change, so we have to figure this out and we have to do it quickly.
