If ratified, it won't really have a tremendous impact on the traditional sectors. People would say the automotive sector might be impacted because of the agreement that's done with the Japanese, but if you take a look at the assemblers and then you take a look at the tier one and tier two suppliers, tier one and tier two suppliers are global and will benefit dramatically from having a TPP.
The question is, where's the balance there? On the automotive, there could be some risks, but that's really on the assembly side, but not so much on the tier one and tier two supplier side. That's what you have to keep in mind.
It's obviously going to help our traditional exporters of commodities, so the big net gainers by having a TPP would be coming from the Prairies and B.C., and in some cases the Atlantic provinces as well. As I said earlier, it's where you want to be five years from now.
As we know, more and more is going to be done using online and e-commerce services. You want to have an agreement that captures those and makes it easier from a customs and border perspective to get products back and forth.
This is what we have to understand. It's not necessarily about today. It's about where we want to be five years from now.