I would like to thank you for those kind words. It hasn't always been easy to try to be a manufacturer in Canada. We've had good times and we've had bad times.
We face a strong headwind with the sentiment towards manufacturing in Canada, which we do feel very strongly. I will say that, for us, regarding all of the free trade agreements, we still believe that NAFTA is the key. Mercosur is a good move. CETA is a good move. We believe CPTPP will show very little benefit to the small to medium-sized businesses, which is almost our entire industry, if not all manufacturing in Canada. We definitely say that, if you do not negotiate a good NAFTA agreement, all of the free trade agreements that we rely on, CETA, CPTPP, and Mercosur, will be for nothing. We do not see it changing our dependency on the U.S.
Currently Canada exports about 76% to the United States. We don't believe that any of these agreements will show any great move to moving the needle away from that. Whatever we continue to make, more than likely at least 60% to 70% of it will live and die by the United States. We don't see that changing.
We have spoken to the PMO's office. We could give you some advice. We need a good agreement in NAFTA. We could live with bad agreements in the rest of the world, but we need a good agreement in NAFTA for us to be able to prosper as a nation, and I won't change that sentiment.