Mr. Speaker, the trans-Pacific partnership is like other agreements in which Canada participates through the Association of Southeast Asian Nations and with APEC. The coastline spans the Pacific, covering more than half the world's population. It is possibly one of the greatest consumer markets as well, and one of the higher-income markets as we approach the next generation.
Canadian TPP negotiations are well under way. Unlike some countries, we are not the first to jump in. We are looking to see how the trade negotiations transpire. As a matter of fact, as we speak, the Minister of International Trade will be returning from his discussions on this matter.
I have also participated in a number of briefing sessions on the TPP, especially in the greater Toronto area. I think we are advancing quite well in this area.