I don't want to say anything that minimizes the importance of trade agreements, but they only become valuable if our exporters actually do business abroad. That's where there is a flip side. You have a piece of paper that gives the predictability, but then it's a means to an end and that end is more exports and more activity from our companies. That's generally the FTA promotion that is part of Minister Freeland's mandate and it is extremely important. How do we get our companies to understand what the negotiators have been doing and take advantage? That is a whole suite of activity that needs to be done so as not to underestimate the investment that it takes to get our companies out there.
The same applies to attracting investment. When CETA is enforced we will have a comparative advantage because we could become the hub of European investment into Canada and take advantage of NAFTA as well, instead of going to the U.S. as it does now. In the comparison between the two, the U.S. will still be the U.S. It is about taking advantage of those agreements and how we try to better attract foreign investment into Canada, given that we know that foreign investment leads to a lot of economic and social benefits for Canada.