Thank you very much, Chair.
I want to thank all of you for your presentations and again bringing very clear perspectives of the SPP.
It's got a very clear-cut mandate that we all recognize. We've been talking about the importance that the security and prosperity partnership has in terms of cooperation and information sharing for better integration, and you alluded to that in terms of our exports and how important imports are becoming of that export component.
I recognize this is not a treaty or an accord and is nothing similar to what NAFTA is in terms of a binding agreement; however, there are issues around transparency and accountability, and I believe Ms. Barlow has alluded to those concerns.
My question is for Mr. Adams and Ms. Anderson.
In terms of the changes, in the past many of the committee members have discussed and said these are just incremental changes, these are very small initiatives, these are just harmonizing issues, these are regulatory issues, they're not major issues per se. But if you look at it, in your presentation, Mr. Adams, you allude to 107 key initiatives currently being discussed under the SPP, and 300 work items associated with those 107 key initiatives. My view is that they're incremental changes, but they will have a profound impact overall once you combine all the initiatives when they take full effect.
Do you share that viewpoint, or do you still believe they are incremental changes and they're not as profound as people make them out to be?