Thank you.
I think it is imperative that we have a rules-based approach to trade with the United States that's embodied in the free trade agreement. If you're going to have rules that govern the relationship between Canada and the United States, you must have someone entitled to interpret the rules. This is indispensable.
Is the current arbitration system up to the job? It's a lot better, as I said a moment ago, than one alternative, which is no agreed upon system, so the more powerful party always wins. I think that some very good points have been raised about the adequacy of the arbitration system.
As part of the set of negotiations recently announced by Prime Minister Harper and President Obama extending the logic of the institutions we have already developed to border management and so on, I think we should be seeking an improved arbitration process in which we might have more confidence in the independence of the arbitrator. I think the lack of independence of the arbitrator has been somewhat overstated here, but I think there's always room for improvement.