The competition for the TPP, not so much for the Canadian market, is not the U.S. and Australia, but certainly the U.S. and Australia could be our biggest competitors for access to those markets in the TPP. If we are not part of the negotiations getting into that trade agreement, we will lose out on any further access to those markets, or any existing markets, perhaps, too. We're already facing high tariffs there, but the TPP would bring us down to levels that are an advantage over Australia. Certainly the U.S. is not clear on where they're going with the negotiations. We encourage Canada to get out ahead of the U.S., do its own negotiating, try to get agreements in place so we can worry about keeping our own markets there and expanding. Certainly Japan is an excellent market, and we want to expand that, as opposed to losing it.
On September 27th, 2016. See this statement in context.