Mr. Speaker, the hon. member is somehow suggesting that this particular trade agreement does a wraparound policy around all of our shipbuilding policies, or the lack thereof, in Canada. In fact, this treaty only concerns the four countries involved, one or two of which may produce ships. We need to make an adjustment with respect to those one or two marketplaces.
As he has pointed out, if Norway heavily subsidizes its shipbuilding, Norway will need to deal with that same adjustment period vis-Ã -vis Canada. If a country heavily subsidizes a production, the other party to the treaty will then point it out as a countervailing situation and then a countervailing duty will be invoked. Therefore, Norway, similarly, must make an adjustment.
What is happening is that all the countries to these trade agreements are signalling the end of subsidies.
We have made an exception for supply management in the agricultural sector. However, in shipbuilding, if we cannot subsidize but we can have tariffs, we get rid of the tariffs. If the other country cannot have tariffs and cannot subsidize, then we are on a level playing field.
Both Norway and Canada will need to have strategic plans in place, either to keep their shipbuilding, let it go or modify it so it can live on in the face of intense global competition from low wage countries.