Mr. Speaker, in this time of economic uncertainty, our government is working to open new doors for Canadian business and to help create jobs. An agreement with the European Union has the potential to give a $12 billion boost to the Canadian economy and increase bilateral trade by over 20%.
We will continue to work closely with all the provinces and territories. We are pleased to have found a way to directly involve them in the negotiations. They are participating in the negotiations in areas that fall, in whole or in part, under their jurisdiction. We will continue to look forward to a positive outcome to these negotiations.