I'm happy to answer that question.
What we're asking for in the TPP is for the IMF principles of currency manipulation to be codified. It does not deal with monetary policy at all; it allows countries to use monetary policy to manage their economy. However, all of the signatories to the TPP, all of the countries that are members of the TPP, have in the past endorsed the IMF's very strict definition of currency manipulation. It is that egregious form of currency manipulation that provides the export subsidy and makes imports more expensive. It closes the market and makes it difficult for Canadian vehicles to compete.
The important thing is that it's not just going into Japan and it's not just vehicles coming into Canada. It's all of the vehicles that we export around the world. Every single market that our Canadian-produced vehicles go to will face these vehicles that are produced in countries with a manipulated currency.
Again, all we're asking for is that the IMF principles be included in the trade agreement and to have a remedy of the tariff coming back on, being replaced, if currency manipulation, according to IMF, does occur.