That is a very good question. I believe that I will have to provide you with a very quick answer.
Yes, there are some fears about that. I do think that we should fear the emigration of businesses. Essentially, we should be giving Canada's manufacturing SMEs every reason to invest here.
However, we also have to understand the reality that we explained earlier. We are now talking about a global procurement chain. Businesses are now part of global manufacturing networks. A large number of businesses, particularly SMEs, are saying that they had to invest abroad for a whole variety of reasons. They often talk about access to low-cost labour. However, I would say that the primary objective of businesses that benefited the most from this labour was access to certain foreign markets where the trade barriers are still significant.
As for the agreement with the European Union, I believe that the European Union and we have very complementary markets. I can foresee a great deal of potential in attracting European investment, not only in the natural resource sector, but also in the manufacturing sector. Once again, everything depends on what will be included in the final agreement. Numerous SMEs view enhanced access to European procurement markets as something that will help them increase their production here, in Canada. So setting up operations in Europe is not necessarily on the priority list of many Canadian companies at this time.