Thank you very much, Madam Chair.
I want to thank all the witnesses for being here.
I wanted to start off, too, by thanking Scotty. When these negotiations started, we all knew we were on a tight timeline. Whenever we went down to the U.S., you were always very quick to get good groups together so that we could get our input, and I want to thank you very much for that.
You mentioned in your opening that business loves certainty. We certainly are in agreement with that. We know that there has been a bit of a campaign in the U.S. saying that Conservatives are going to try to slow down this deal, but we want to be very clear with you: We're not. What we're trying to do is our due diligence.
It was very frustrating for us here in committee. Mr. Hoback actually wanted to do a pre-study on this last spring before the election. We were unable to do that. We knew that the U.S. International Trade Commission came out with some numbers saying that this deal would be a net positive for the U.S. and the number is about $68.2 billion.
We were just trying to get some Canadian lens on it. We were told before the election it was a win-win-win. We were told it was going to be a victory for Canadians, a positive. We've been asking the minister, and she's been very uncooperative in releasing any advice she's had. Just Friday, the C.D. Howe Institute came out and said this would be a $10-billion hit to Canadians' GDP. Even though that is a hit, they also commented that, if we don't have an agreement, it's going to be far worse, so we're in agreement with you that we do need to pass this and move on from there.
I was wondering if the Canadian American Business Council has any independent economic analysis that you might be able to share with this committee. As you heard, we're only going to get that information from the Canadian lens tomorrow, and we expect to go through clause-by-clause by the end of the week.
Do you have anything you could share with us, even today, or over the next couple of days, that would enlighten us somewhat?