Thank you, gentlemen, it has been a pleasure listening to you. Rather than just saying no, no, no, you're actually backing up your arguments with rationale and reason and I appreciate that.
Stability and predictability are what trade is all about. Under the WTO, there's a clause called favoured nation status, and we've enjoyed that with countries, but it comes and goes with political will. What TPP does is entrench that favoured nation status with a set of rules and predictability that, of course, will strengthen Canadian businesses out there.
There's a lot of discussion that somehow the TPP will supplant Canadian sovereignty. I don't agree with that, and I wonder if you have some comments you'd like to make in that regard.