Mr. Speaker, I listened carefully to the comments of my colleague opposite. Unfortunately, I am not sure he listened very carefully to the Prime Minister.
The hon. member has mistakenly quoted the Prime Minister as saying that there are no problems with chapter 11. The Prime Minister did not say that. The Prime Minister said that the chapter has worked relatively well but that in a trade relationship with the U.S., which totals $1.3 billion daily, there are bound to be irritants and rough spots. The Prime Minister did not say there were no problems. He said that the chapter was working relatively well given the size of the relationship.
What the Minister for International Trade has said repeatedly, and he has been crystal clear on this, is that we need to protect investment. He said that was very important but that some rulings by dispute panels had gone beyond the scope of the original signers of the NAFTA. He said that we needed a chapter like chapter 11 but that it needed clarification and tightening up.
Does the hon. member believe in the necessity of protecting investment? Does he not see that without some protection for investment such a treaty will likely bring very few benefits to any of the participating countries?