Okay, let's talk about Korea first. I think the biggest learning from Korea is that it's very hard for Canada to get a better deal than the Americans are going to get. I think that's the bottom line. We were there, we were negotiating, and we had push-back from some sectors—such as those that operate in your riding—but the Americans got ahead of us and we are now playing catch up trying to get as good a deal as the Americans.
The Koreans are clearly very skilled at using subtle barriers to entry for goods coming from North America, but the American government found a way to satisfy most American industry in getting a deal. As we go forward, maybe the biggest lesson for me is that it's going to be very hard for Canada as a stand-alone entity—knowing that we are so integrated within the North American economy—to get a better deal. Maybe we should be thinking about doing something on a pan-North-American basis as we talk to other parts of the world.
I think with the WTO around it's going to be very hard to ever have a global trade negotiation again. It's just so complicated. The governance rules are so complicated. I can see a world in which large regions talk to large regions. The fact that we've made progress with CETA was really...it'll be good for us for a while. We know there are barriers to a U.S.-European agreement; things like cultural transfers are there. I wouldn't be at all surprised to see the Americans come along—because they're 10 times bigger—and get a little better deal than Canada got within Europe. I don't know a lot about conflict resolution, but I do know that it was a centerpiece of the NAFTA deal, for example, the FTA. Of course, the Americans can always find a way to get around it if they have to, but it's not an area of expertise for me personally, or for the conference board.