Mr. Speaker, I think we need to have trade deals that have targeted measures that would protect and allow our sectors to expand and allow us to have Korean vehicles made in Canada, as my hon. colleague suggests. Therefore, tariff reduction should be tied to measurable targets in reducing bilateral trade imbalances in strategic sectors, such as in the automobile sector.
It would certainly be helpful in creating a tariff-free zone if we had specific measures to require that larger Korean firms start building in Canada. We should be able to retain the ability, as the Korean government has retained its ability to intervene in its markets, to create the kinds of interventions that moderate the damage of trade imbalances. This agreement would not do it but as I mentioned even the CEO of Ford Motor Company thought we should be dealing with it. The trade agreement should include provisions regarding currency misalignment.