Again, thank you, witnesses, for being here this morning.
Ms. Hannah, you went to a ministerial meeting in Buenos Aires. I've been to ministerials in the past. Actually, I think the last was before I even got into politics, 2004 or 2005. I remember one of the bilateral meetings I had with Japan. They said the WTO will not work. There are just too many people there with so many ideas of what should be done and what should be prioritized that you can never get cohesion. You can never put it together to get everybody to agree on one agreement. Basically, it's proven true moving forward.
The WTO has just become a body where you have some people who are anti-trade, and then some who want to progressively move along. It's a frustrating body. That's why bilaterals became important, because you couldn't rely on a multilateral like the WTO to do everything. I think the government at the time was hoping that was the way to do it, and then they realized that, no, the Australians and others are doing bilaterals. It's interesting to see now the bilaterals, and even the smaller multilateral agreements, like the TPP, come into play.
It's really interesting. When you start talking about foreign aid, we're tying it to a trade agreement, but we're not tying it to a trade agreement. The Conservative government was talking about doing a trade agreement, but then we also look at our foreign aid and we cohesively target it into that agreement, not in the agreement itself, but indirectly. Maybe instead of doing a social chapter in a trade agreement, we could just do a progressive social agreement with countries and tie it to foreign aid, and say, “If you want our foreign aid, this is the agreement. This is what you have to adhere to. These are the standards we want you to get to on gender rights and women's rights”, and then let trade do what trade does, so it can be focused on getting workers' rights and getting the other things right.
I think I'll stop there, because I also have some more questions for Mr. Marshall. I'd like to talk to you more about it, Ms. Hannah, afterwards, but I only get five minutes.
Mr. Marshall, 70% of the economic investment in the mining sector comes out of Canada, around the world, so any mine around the world comes to the TSX, PDAC, and that's where to look for the money. Now if we're not developing mines here in Canada, why would the industry that creates the tooling for the mining sector stay here in Canada?