Thank you very much.
I want to thank you for your good work and to underline and highlight your impartiality as bureaucrats, as opposed to being in a political arena. We are certainly sitting in a political arena now, I would note for the people who might be watching.
I note that during the negotiations, the C.D. Howe Institute, which has been referenced by my friends across the way, released a report stating that a potential U.S. withdrawal from NAFTA could cause Canadian auto industry exports to decline by $5.2 billion. Your researcher notes that you were not able to fully assess the auto sector, including the potential imposition of the section 232 tariffs. TD Bank notes, though, that up to one in five Ontario manufacturing jobs could have been at risk, plus additional supply chain impacts. You know I'm from the steel industry in the Sault.
Madame Paquet and Monsieur Verheul, how would characterize the potential impact on the auto sector, one, if the U.S. withdrew from the agreement, and, two, if the U.S. imposed tariffs on the auto sector?