That's fine. Thank you, Chair.
Thank you to all the witnesses for coming this evening.
It's interesting that we hear from the different groups and associations that they want this passed right away. We agree with you. We've been saying that since April 2019. We said that we should do a pre-study, that we should get the pre-study done so that we could move forward right away. We brought this forward again this past fall. We said to bring the House back and let's get this done and out of our hair.
All the times we brought forward suggestions on how to speed this up, it was always declined, until now, all of a sudden. But we're saying that we still need time to do our due diligence. That's what we would have done in those previous studies. Now they're saying to hurry up and do it. It's frustrating.
For example, we heard from the dairy producers today. Dairy farmers are basically saying that if we hurry up and push this through, they lose a benefit of a year if it goes through too fast. If we wait until after May 1, then that benefit kicks out a year.
Well, we have the NDP doing a backroom deal to make sure it goes through relatively quickly, where we would have said we should work during the break week and then at least move forward. I find it frustrating when people say that we have to move forward really fast on this, when that's exactly what we've been doing. I'm not sure what the minister is saying to you folks, but the reality is that they're the ones, not us, who haven't managed this file. That frustration is kicking through on this side, because we've been pushing it and pushing it and pushing it to make sure that situations like the ones Rosemary brought forward are properly addressed.
There's a classic example in this deal. If we'd done TPP, the replacement to NAFTA, I think everybody in this room would have said it would have been a good deal. The benefit to the Canadian economy was about $4.3 billion. Obama wanted to do it. Trudeau did not want to do it. It didn't happen. Now we do NAFTA. We do a TPP without NAFTA, so we get 3.5% under TPP with TRQ and another 3.5% under NAFTA with TRQ, so the dairy is getting hit twice now. The net benefit here is a $10-billion loss to the Canadian GDP based on C.D. Howe. We're still waiting for the economic factors to come from this government.
What I'm finding is that as we dig into this deal that's supposedly a win-win-win for everybody, there are a lot of losers here who need to be heard from. Dairy is a good example. I know Rick and Janice. I've been on WTO talks with Rick. We have a history together. We're all pro-traders; there's no question about that. In the same breath, I'm looking at this wondering where's the compensation and where's the mitigation for the losses here. We're not seeing it. I just look at the limitations on the ability to export in the dairy sector. Basically, you're going to allow more product in, but on your powdered milk, for example, you're restricted on what you can ship, not only in North America but globally.
Rosemary, you were talking about going through the consultation process with the minister. When they said they were going to put a restriction on the amount of powdered milk, for example, that you can export, what were those discussions about? Did you agree to do a global ban or a global TRQ on the amount you can export?