Sir, the deal that was mentioned a bit earlier today was on the reduction of punitive tariff measures that were put in place on Canadian exports of canola, affecting Mr. Pike's clients, members and farmers. In return for that, China was successful—through an economic hostage-taking move—in obtaining access to Canada for electric vehicles.
Picking up on something that Mr. Kovrig talked about, China shocks, I want to underline what I understand to be the Chinese practice. We're not talking about China working conjunctively within China to obtain some market advantage or economies of scale. Indeed, it employs state subsidies in a very specific and targeted manner.
Now, those kinds of subsidies at that level are not intended to gain a slight advantage. They're intended not just to dominate but to decimate the importing country's domestic market. Moreover, they're not just intended to dominate and decimate but also to eliminate and hollow out, to use the words of Mr. Kovrig. I wonder if we understand that, particularly when there have been suggestions that these importations might now lead to Chinese manufacture here in Canada.
I see that as a pipe dream, and I wonder, sir, if you could comment.
