I can speak from memory because I wrote it, or helped write it.
The resolution from the Ontario Chambers is basically on the content issue. The fact of the 62.5% going down to 30% to 35%—or to 40%, depending on how you read it—is something we need to equalize. We need to equalize the tariffs. For the reduction rate, the U.S. has 25 years; we have less than five. Also, in addition to what you were saying earlier, they asked that the Government of Canada not take a decision on TPP until after the U.S. federal election.
Also, there was currency manipulation. That was one of the big issues, and I want to speak to this. This is important. Currency manipulation is something that is of grave concern to many of my members across Windsor-Essex and also to the Ontario Chamber network. If we're going to be entering into trade deals with countries, they're going to be in a position—and they have done so in the past—to adjust their currencies to get competitive advantage. That's something we certainly find very concerning.
In the TPP agreement there's no mechanism by which to enforce currency devaluation. Caroline Hughes talked at great length in her testimony on March 8 about the IMF rules that are in place but at the moment are not able to be enforced. Under the TPP, as it sits right now, there's just no opportunity to enforce currency devaluation. Those are the concerns across the board from our Chamber network across Ontario.