Mr. Speaker, let me first of all commend that member for his good understanding of what CETA entails and what the possible consequences of Brexit could be on this agreement.
I have been involved in some public fora where I have expressed my concern over what Brexit will mean for the Canada-EU free trade agreement. If the U.K. exits, what happens to the market access that we had expected to get? The U.K. is our largest export market in the European Union. Canada's trade relationship with the United Kingdom is one of its most significant trade relationships, so Brexit puts us into uncharted waters. This agreement had essentially been negotiated before Brexit. There were not a lot of people who expected Brexit to happen, but it did.
The member is asking me what the impacts would be if the U.K. exits the agreement and whether I believe that the Liberal government has undertaken the due diligence to understand what this means. I do not know. I am skeptical as to whether the government has done that work. When we were dealing with carbon pricing and a carbon tax, the Prime Minister made it clear that the government did no economic impact analysis on that. I suspect that the announcement the government made about abandoning coal-fired electricity had no economic impact analysis. I suspect that the Brexit impact on this trade negotiation with the EU has also not been well understood by the Liberal government, so I share my colleague's concerns.