Mr. Speaker, the member who just spoke has a considerable amount of experience through his former role as parliamentary secretary to the finance minister. I think we can see from his comments and those of the previous speaker that there is concern expressed on two counts. The first is the punitive nature with respect to the application of this agreement on our own softwood lumber industry. The second is the question of precedents, whereby there is no evidence and no adherence to the rule of law with respect to international treaty obligations. On those two counts, our future would be imperilled inasmuch as a great deal of our trade of course is through the WTO and NAFTA.
In view of those two inferences which come from this particular agreement, in particular the one with respect to precedents that would affect future agreements in a wider spectrum of industry, I would like to ask the member how he sees this agreement in terms of that precedent, and whether he can see on the horizon other implications for other industries in other parts of our economic sectors.