Thank you so much for your presentations.
It's been highlighted to this committee many times that this deal is about far more than just trade in the traditional way that we think about it. I think it's clear that only certain groups were included in the consultations that took place under the previous government.
I have to respectfully disagree with my colleague, because this deal began in 2008. There was more than enough time prepare for it before we found ourselves in a position that we are now signed on, and it's yes or no at our current juncture.
Mr. Balsillie, I appreciate that you would indeed make money under the TPP, but you recognize that it's so inherently flawed that it would be bad for Canadians and for our sovereignty.
I wonder if you can speak specifically to the reference you made to the study by Dan Ciuriak from the C.D. Howe Institute basically about the GDP impact...not ratifying the TPP would be negligible. I think there is an idea out there that if we don't sign, we're going to lose.
Global Affairs has no economic impact study. We know that. The studies we've see from Tufts University and out of the Peterson Institute in the States show .2% and 0% growth by 2030. There's no economic modelling that supports us signing on to the TPP.
I wonder if you can speak to that.