I do. I think we have to be careful not to assume that we know about the complexities of every sector. It becomes quite complex. Already, Canadian parts are extremely significant in certain chunks of the European automobile market. In other words, we have some very strong winners.
It's becoming hard to follow the track because people are functioning in the supply chains; a significant part of the auto parts from Canada is going to the United States, and some of that is finding its way into the world market over United States exports. While we put 70% of Canadian exports into the United States, only about 55% is actually intended for the United States. The rest of it is us and the Americans selling into the world, and some of that happens in auto parts.
I think the main virtue of CETA is opportunity. I think the challenge for Canada, for its government and its business, is to make that opportunity work by supporting smaller businesses and niche suppliers and the like. I think the value of this agreement will only become clear over the years as we exploit it.