I understand that government is trying to spin this as a win-win-win. I remember before the election we didn't have the economic impact studies and it was a victory for Canadians—a win-win-win. Sadly, the only Canadian lens we're getting that's up to date we got last Friday. We got the C.D. Howe report. Basically the original TPP would have been a net $4.3 billion to the Canadian economy, and the current CUSMA is going to be a $10 billion hit.
The quandary we have before us, though—pretty much unanimous, our witnesses say—is that if we don't have an agreement it's even worse than that. We are trying to come up with the implementation part of it and the support part of it because ultimately this negatively affects families and businesses and sectors, so the government does have a role in helping that transition.
I wanted you to maybe just dig down a bit more on the question my colleague asked about these caps on third parties. I would think that if the government gave away something for this agreement, they would have allowed Canadian industry to develop their products and export them in greater numbers to countries around the world.
Could you comment a bit more, if you have numbers, on the potential loss that our industry is going to suffer, because now there is a limit even on what we can sell to countries outside the CUSMA agreement? Could you dig down a little more on those numbers?