Thank you. That's helpful.
As I was saying in my opening presentation about access for Canadians to new markets, we are hearing and we have heard not universally but almost universally support for the TPP. There are two reasons for that.
One is that there are some new significant high-growth markets in the TPP that we don't have FTAs with. Japan is obviously the biggest of them, but there's also Malaysia and Singapore, and some of these countries have very high tariffs. If you look at Mr. Downs' study, he has some charts in there that show you the average tariff rates of some of these countries. Our smaller communities that rely on the export of specific goods, and some of these very highly prized specialty goods in some of these markets, tend to be very much in favour because they will be able to get their product to market more cheaply and have a competitive advantage over others.
The other thing we hear—and I don't know if you have heard this or not but we have heard it quite a bit—is that there is quite a bit of hope in the Canadian export community that the TPP will grow to include more countries. There are a lot of countries in that region that I think Canadian exporters are quite interested in looking at. At least some of the conversations we have had have been about the actual opportunities that could exist under the agreement and then the opportunities that could exist if it were to grow.