Thank you very much for that question.
I think Mr. Groleau has outlined some of the issues we face on pure trade issues.
The point that I was trying to make is that if we're looking at economic engagement, as opposed to just exporting, there are issues in terms of the way industries operate in general, such as subsidies, taxation, state-owned enterprises and their treatment, investor protections against states and against contract enforcement, and copyright. There are lots of other issues on which there are no global platforms, or limited global platforms. Increasingly, organizations like the WTO are being stymied or sidelined in that people are opting for bilateral agreements.
In terms of Canadian companies' engagement with international markets—be it IP licensing, joint ventures or traditional exporting—I believe getting these sorts of trade infrastructures or engagement infrastructures in place is as important as tariffs, in many cases, because tariffs have been trending down in a lot of cases. In some cases, they are no longer particularly important compared to quotas, industry standards, labelling and a plethora of other issues that are stymying trade and putting sand in the machinery of international economic engagement.
I think those would be worth working on, even separately from the traditional trade agreements.