Thanks for the invite. For those of you who don't know, Cypher Environmental does long-term soil stabilization, dust control, and water remediation technologies. Probably our sales would be in the range of maybe 80% exporting on average, so, of course, my little spiel today is going to be with respect to the benefits of the TPP that we feel we would see in terms of our ability to continue to have a strong push in exporting.
If you take a look, for example, at just how the TPP would affect the Canadian economy, you look at commodity prices, for example, which have a big impact on Canada's economy in terms of mining, oil, and gas, and how healthy those industries are in terms of supporting our economy. They fluctuate quite a bit. Actually, we just reposted a little story on our website about the five-year bear mining market coming to an end, so it looks like things are on the up and up for mining.
But one thing I think that we can do as Canadians in terms of continuing to support the economy is support our exporters. Whatever we can do to make that stronger, regardless of what's happening with different commodity prices and so on.... Exporting is a great way to continue to bring money into the country, to create tax revenue, and so on. While this is a generic comment on free trade agreements in general, when you look at the stats, I think it's 40% of the world's economy that the TPP is supporting.
Japan is one country of particular interest to us, where we have a new distributor performing modestly. We don't really sell our products based on price, it's mostly on performance, but of course, being environmental products, you have to spend a little bit of a premium sometimes to use them. Any way in which we can make them more competitively priced in the market is going to help. Reducing some duties that would be in place in a market like Japan, for example, where we've only seen modest growth with our new distributors there, would give us a general push in the right direction.
Of course I'm a little bit biased coming from a company that's very heavily exposed in terms of exporting, but I think I can probably speak on behalf of a lot of the members of organizations we belong to, like the CME, the Canadian Manufacturers and Exporters. We're a customer of EDC, Export Development Canada. We work very closely with both of those organizations, and I think probably the general consensus from both of those organizations and all their members would be that we would be in support of the TPP simply for what it can do to help continue our push to export and bring in new revenues for the country.