Fair enough.
I've looked at some numbers from Industry Canada. The trade deficit between Canada and the EU for the last 13 years has averaged $19 billion. For each $1 of goods that Canada exports to the EU, we import $1.52 worth back. That's the quantitative issue. Qualitatively, though, they also point out that across 23 sectors, Canada's total goods to Europe comprise a much higher percentage of primary or barely processed goods, and we're importing a lot of manufactured items back from Europe. I have a chart here that shows that of the top ten Canadian exports to the EU, seven of them are gold, diamond, iron ores, uranium, petroleum products, wheat, and coal and solid fuel. That's seven out of 10. The top ten Canadian manufactured imports are medications, motor vehicles, turbo jet propellors and turbines, aerospace parts, wines, blood and blood preparations, machinery parts, and medical instruments. Some people argue, including Jim Stanford, that reducing tariffs will exacerbate that trade imbalance and will make the flows of barely processed goods increase to Europe and increase the manufactured items back.
As a representative of manufacturers in Canada, do you have anything to tell us about that?