We call this the modern trade agreement because it is addressing many issues that previous agreements did not, including NAFTA. There's a lot of work right now with the Beyond the Border agreement and various working groups to address what wasn't included in NAFTA, because commerce has changed. There's actually a whole new customs chapter in this agreement that addresses many of these issues.
For example, electronic pre-arrival processing and clearance goes beyond the WTO trade facilitation agreement, which only commits parties to pre-arrival processing of information. That gives the certainty that by the time a shipment has arrived at the border, it has been cleared. It gets rid of that holdup...time release guarantees. We always look at customs provisions in terms of how they are going to make Canadian companies more competitive in the markets we're competing with. Having that time release gives them time-in-transit advantage.
Also, there is a de minimis provision in this as well whereby each country is going to look at what the threshold is that they set as duty- and tax-free and come up with an economically viable figure for it. This helps with the low-value, smaller shipments, which we often seek from small businesses as an entryway, selling online. We work with Mompreneurs; we work with various companies, such as eBay Canada, that are starting businesses from their homes. It's often these low-value shipments that, when they get caught up, can make a difference to their success or otherwise.