I think it's not only the governments that are funding, as the example was raised on the Chinese, it's also corporations. They're garnering the profits that are made in North America--the U.S. and Canada--and they're investing heavily in China. Don't forget, India is in the wings waiting and Korea is already making some things. A lot of our profits that are generated in North America are being obviously invested offshore, and that's where the governments have to come into play. That's where the protection.... They're only investing in China today because the government is forcing them to invest in China.
We need the governments of the day, both in the United States and in Canada.... And I want to just issue one warning to the committee, if I can: look out that window and look across that river, and be careful when we're talking about protectionism, because all the United States has to do is issue protectionism on their particular market and Canada is going to be isolated from their market as well. You're absolutely right--80% of the vehicles that are produced in Canada are shipped to the United States--and we have to be careful in what we're doing, absolutely, but we also have to join with the United States possibly and garner some protection for Canadian and U.S. auto workers and manufacturers. It's our innovation and our expertise that's being exported. Our brains are being exported offshore, and we have to come to grips with that as a country, as a region, both in the United States, Canada, and even Mexico.
Remember our fear in 1988 when we negotiated the U.S.-Canada Free Trade Agreement and then expanded it to NAFTA and Mexico? Our fear was Mexico, and now Mexico is not even in existence, per se. It's China and India and Korea waiting there, and we have to have the protection of this government and the United States government for auto workers and manufacturing or we're going to be lost in the globalization of this world.
Free trade is good, but fair trade is better. Pardon me. Free trade is not good. Fair trade is better. Pardon me. Misquote. Misquote.