I thought I misheard. Thank you. That's huge.
I'd like to come back to another question, if I can, in a moment, but I have questions for other guests as well. If that's indicative of the kind of challenge we have by not proceeding with this deal, then we talk about the greater need for Canada proceeding with this as promptly as we can, so I would agree with you.
Mr. Pomerleau, you mentioned in your comments that Peru was not yet a significant market for pork. I'll come back to a question, but I'd like to bring us back to last week, when we had Mr. Pellerin of the CFA here. He supported the free trade agreement between Canada and Peru very strongly. He said it wasn't a perfect deal, and I gave him one of the quotes my mother often made, which was “don't bite off your nose to spite your face”. She made this up.
Here's my question to you. You made the comment that at least as it relates to the pork industry, you thought our negotiators were very creative, because the first time....
I'll look at the deal on the pork, where it says that for the first 10 years of the agreement, all Peruvian tariffs on pork products will remain in place, but in year one of the agreement, Canadian exporters will be able to export 325 tonnes of pork tariff-free, rising to 504 tonnes by year 10. Beginning in year 11 right through to year 17 in equal stages, that will then become tariff-free for the first time ever.
So I would like to ask you, what impact would that have on the pork industry? What's your sense of it, and how were we creative?