Mr. Chair, perhaps I may just come back to some earlier points that were raised about Canada's FTAs and their impact on trade deficits and trade balances with individual countries. I know that the committee has asked about this before.
Free trade agreements really aren't a tool to try to balance trade with individual countries, one by one. Canada's experience has been very much in line with what the World Bank and others would predict from free trade agreements, which is that within 10 years roughly of negotiating a free trade agreement, trade tends to double, going both ways. If you already have a deficit, the deficit might grow; if you already have a surplus, the surplus might grow.
What really matters is Canada's overall surplus or deficit on trade. Canada has traditionally run a surplus. Since the recession, since the financial crisis of 2008, we've slipped into deficit for a while, but that really has nothing to do with the bilateral free trade agreements that we negotiate.
I just don't think we should make too much of looking at individual trade balances with particular countries in Latin America. The FTAs don't impact on that.