Mr. Speaker, my colleague's question is extremely relevant in this transaction, because the auto sector is the one that would be greatly affected on both sides of the ocean, both in Korea and in Canada.
Currently, about 88% of all vehicles manufactured here in Canada are manufactured for export. For Canadian companies manufacturing their product here in this country, we have to ensure that we are supporting open markets. Clearly the agreement would do that. We have funds like the automotive innovation fund, which encourages investment in this country for manufacturing purposes. I hope that in the case of this agreement we would have Korean companies investing in new plants and facilities to ensure that their products would be built here, both for the export market and for sale in North America.