Mr. Speaker, I want to thank the member for Windsor West for his question on the auto industry. It is certainly an important industry for us here in Ontario and southwestern Ontario.
I want to talk about some of the things that are going to be lifted as a result of this agreement, and the first thing is tariffs.
In South Korea, there is an 8% tariff on Canadian auto imports, which will be eliminated immediately. Canada's 6.1% tariff will be reduced in three cuts over two years.
The rules of origin will change. Canada will have the ability to source inputs from the U.S. and benefit from tariff-free access, which is not currently allowed under the U.S. agreement. There will be a number of other things in terms of safeguards, internal taxes, and emissions. There is a list of things this agreement has done to try to level the playing field.
Again, I believe that our Canadian companies are among the best in the world. I believe that they can compete and that their products can compete with any products in the world, and certainly our automotive industry is no different.