Before answering that question, I would say that there will be a direct impact from the TPP. There will also be a secondary impact, as a derivative of the impact that the steel will have on the auto sector, from the tariff reductions in the auto sector. The Canadian Steel Producers Association has joined with their American and Mexican counterparts to release a statement to that effect. They have said that for steel producers providing products such as tubing and piping to the automotive industry, a regional value content disadvantage within the TPP would encourage offshore sourcing and supply, creating devastating consequences for North American economies.
Peter Warrian from the Munk School of Global Affairs, in an oft-cited report of his, said that every auto sector job creates seven other jobs in the Canadian economy, and every steel sector job creates five other jobs in the Canadian economy. So you can imagine the downstream impacts this deal will have.
We see no industrial policy, no industrial vision, accompanying this deal. What is our vision for the future of manufacturing in this deal? Actually, a lot of the provisions, the ISD provisions, undermine the government's ability to pursue procurement or industrial policy.