Mr. Speaker, my colleague asks a great question. Productivity is at the heart of this agreement. With this agreement, Canada has a lot to benefit from, and so do its businesses. The EU is one of the largest exporters and our second largest trading partner at the moment.
For example, with just the automotive sector in my city of Brampton, we have a Chrysler plant whose production and productivity would benefit greatly from this agreement. Currently, it exports about 14,000 cars to the EU, but this agreement gives us that edge to amp up productivity in these manufacturing sectors, because now, according to CETA, Canada can export up to 100,000 vehicles a year without any tariffs, which our American counterparts cannot. It has a 10% tariff. This will increase productivity among all our small, medium, and large businesses, and will be a great investment for Canada in our businesses.