Thank you for being here with us today.
Mr. Chairman, I will be sharing my time with my colleague, Mr. Roy. My first question is for our witness from Bombardier. I was wondering whether you have evaluated the impact that this agreement could have on your sector in general, and the positive effect it could have on the development of your company specifically.
Ms. Todgham, we have studied the agreement between Canada and Korea in the course of our work as a committee. An impact study carried out by the automotive sector indicated that such an agreement would result in job losses. However, the government also carried out studies on the agreement, but reached different conclusions.
Do you know whether any impact studies have been carried out on the agreement with Europe, particularly with regard to shipbuilding? I raise shipbuilding as I think it is the main area of concern. Do you think that impact and market studies should be carried out to determine whether the shipbuilding industry, for example, will be threatened in the short-term?
A 15-year phase-out period has been planned to allow our industry to compete more effectively with these countries on the international market. However, would you not agree that establishing a phase-out period will be somewhat futile if the government does not use this time to further modernize Canadian industry?