I do not think that it will sound the death knell for the Canadian industry. The shipbuilding industry is concerned about this initiative, but I do not think that Korea constitutes a real threat as its industry is concentrated in a different market sector. The Korean industry is primarily involved in building very large vessels, while the Canadian industry is more focused on small and medium-size vessels.
In addition, what really counts for the Canadian industry is access to government procurement contracts. We have no intention of including anything in the free trade agreement that would limit access for Canadian businesses to government procurement contracts.
Government contracts have driven most shipbuilding in Canada over the past few years. I therefore do not think that the FTA agreement would have a negative impact on Canada's shipbuilding industry.