From our point of view, CETA is a milestone. We expect much more business from Germany and from Europe coming over to Canada, but it will take some time. It doesn't happen right now.
The general opinion in Germany about CETA is it's very well taken. Companies are very eager to come to Canada. The only obstacle is more in the technical standards area. That's why we have to do something very soon because that's a real obstacle. I'm in Germany quite often and talk to our companies. They say it costs them too much money and it takes too much time to adopt technical standards from Canada and vice versa.
That's one of the biggest issues with CETA that we have to solve very soon, and I think CETA is a raw model for any other free trade agreement to come. Canada has access to 500 million consumers. If we take the British out, we still have 420 million to 430 million consumers. However, we don't have that many Canadian companies in Europe so far, so it's also up to our Canadian trade commissioners to help Canadian companies get into Europe: Germany, France, Portugal, and the other countries. That will take some time. As far as we know, 80% of the exports from Ontario go to the United States, and that has to change a little. We hope it will change and that we will see more Canadian consumer goods and technical goods in Europe. There's a good chance for Canadian products to come into the European market, but we should push it a little.
We also try to help Canadian companies with trade participation. For example, we have groups going to Hamburg in the area of wind energy. We'll take a group next year to the WindEnergy trade fair in Hamburg. It takes energy and effort to bring Canadian businesses to Europe and vice versa.