There will still be thresholds for the projects that will be covered. I think the European Union and its corporations that were pushing hard for these procurement rules in the deal would argue that this will be beneficial for them. In fact, in the summaries of the deal that's been achieved in principle, we see the European Union kind of gloating about this, that this was a very good package for them.
Again, our concerns are that we lose the ability at the city level and the provincial level to maximize these economic benefits, to get the maximum bang for your buck, if you will. As they frequently do in places like the United States, cities in the United States will retain the ability to require offsets for small and medium-sized businesses, or to include, for example, a 25% local content requirement on a hydro project or a big transit project.
I know there are some carve-outs in CETA, from the look of the technical briefing. For some, we don't know exactly where they will be, but on the whole we'll lose that right to apply those public procurement rules, which are actually quite beneficial.