Mr. Speaker, I wonder if the member could comment on the fact that the evolution of the MAI, as I understand it, is basically to address those areas which are not already mandated by multilateral agreements. Eighty per cent of our trade is with the United States, therefore 80% of our investment agreements are already documented in the NAFTA. The rest of that, almost 20% or at least 15%, is now mandated in bilateral agreements. In other words, 95% of our trade and investment policy is already undertaken in these agreements.
What the member is talking about and what her party is so concerned about is an agreement that cannot at maximum affect any more than 5% of foreign direct investment now occurring in Canada. Could she relate to me how important she thinks that is?