Thank you, Mr. Forsyth.
There won't be any cross-discussions as far as the two agreements are concerned.
As you know, the CPTPP provides access to Canada's dairy market, undermining our dairy industry.
The TCA will result in annual losses. The Union des producteurs agricoles, the Producteurs de lait du Québec and others have estimated those losses.
The TRQs on dairy products are virtually the same in the CPTPP as they were in the TPP, to which the U.S. initially belonged. The country withdrew from the previous iteration of the agreement to potentially rejoin the trading bloc under the new agreement.
The decision to establish the quotas was based on the fact that the U.S. would be part of the agreement. As we all know, the previous administration targeted supply management, trying to drill holes in the system and even eliminate it.
Part of the quotas is currently not being utilized because the U.S. pulled out of the agreement. It's also difficult for countries that are far away to export dairy products. For its part, the U.K. clearly wants to export more cheese and take advantage of the market access that was given up.
If the U.K. joins the CPTPP, is there not a risk that it will take the quotas that have gone unused because the United States pulled out?