The economy is shifting from an investment-led trade-focused one to a consumption-led one.
I'm going to conclude my opening remarks by giving some broad views about the TPP.
We certainly welcome the TPP. We believe the areas covered are quite exhaustive and reflect the realities of the current economy, which is very much knowledge-based.
I was trying to demonstrate our presence in the region. We do more than export goods from Canada to the region. We have invested in the region. We're participating in value chains in the region. We're providing services in the region. We're also employing people in the region. Our relationship with the region is multi-faceted.
I think the TPP negotiators have placed a significant emphasis on new and emerging trade challenges. You can look at the areas covered: non-tariff barriers to trade, state-owned enterprises, regulatory coherence, digital economies, intellectual property, goods and services, investment, dispute settlements, bribery and corruption, culture, trade and environment, electronic commerce, corporate social responsibility, and government procurement. There are many areas already present that will help in providing a supportive framework in the region for a company like Bombardier to continue to grow going forward.
I will wrap up there, and, if you have any questions, I will be pleased to answer them. Thank you.