Mr. Speaker, I agree, it is a historic agreement: we are letting the Americans keep $1 billion that they extorted. I do not think that people are very happy that the Americans are keeping $1 billion of our money. What is more, softwood lumber is being dropped from NAFTA.
Guy Chevrette from the Quebec Forest Industry Council said, “The industry's financial difficulties did not put us in a long-term time position of strength.” That is because the previous government did not use loan guarantees and this government also refused to do so. We are in fact leaving the Americans with $1 billion to prepare for the next battle. That is the reality.