I'll take a quick stab at that.
Normally when one undertakes a major trade agreement, an economic study is done in advance. I think that was done by the government. Unfortunately, the government had several rounds of discussions with the South Koreans before we had a chance to look at that economic impact study. We have very significant disagreements with the conclusions to that study.
Let me illustrate it this way. As one company that also produces vehicles in South Korea, we are producing a wonderful vehicle down the road in Ingersoll called the Chevrolet Equinox. We would love to sell that vehicle in South Korea. I was in South Korea about month ago. I can tell you there's every bit as much buying power in Seoul, and every single different segment we sell in Canada is on the road in South Korea. We would love to take our centre of excellence--we design and build that car right here in Canada--and fill up those boats that come to Vancouver and send those vehicles back to South Korea. We can't take those vehicles and sell them in South Korea because of the non-tariff barriers that don't allow us to get in. The negotiators are looking diligently at removing those non-tariff barriers, but in our judgment, they have not been successful in terms of being able to make a difference in removing those barriers.
The net for us is that we can't expand our production here and sell those vehicles from here into South Korea, and we'd very much like to do that. However, our own company is designing a very similar vehicle in South Korea, so one of the things we'll have to decide is if we can't get access to that market, do we start to build that vehicle in South Korea and bring it here. If we do, then what happens to the plant that makes them here? When we look at economic impacts, we need to look in the real world in terms of how investment decisions are made, not just in terms of economic models that don't necessarily get down to understanding how those types of investment decisions can have huge, profound effects on an industry.
We're very, very worried about the economic impact if this deal goes ahead, unless the deal can get genuine access. We'd like a deal, if it gets genuine access. Right now we don't see that it's doing that.