Thank you, Mr. Chair.
Good morning and thank you, panel. These are excellent discussions.
I'm very pleased to hear that we're all involved in public consultations and also to share time with Madam May. I think the public needs to be aware that we are very collaborative, that we're open, and that we're hearing from a variety of stakeholders both for and against.
In the last set of speakers, one of them mentioned that we are at a $122-billion trade deficit. So to stay with the status quo puts us into further challenges. We are significantly reliant on the U.S. market. In terms in ratifying the TPP, my colleague mentioned our not ratifying when the other countries do. If the TPP is ratified, how might the Japanese or the Korean automakers invest in Canada? How could we become more innovative and more competitive? How might that affect job creation and foreign investment?