Madam Speaker, as the Deputy Prime Minister explained to the House repeatedly during several oral question periods, the aluminum sector is in a better position now and is better served by the new agreement than it was by the old one.
Under the new agreement, vehicles will have to contain a certain percentage of North American steel and aluminum, which was not the case before. I believe the requirement is now 70%, whereas it used to be zero. I think 70% is better than zero.
Moreover, we must not forget that transportation costs are a factor in this market. If aluminum is produced near its markets, customers will naturally choose a product that costs less because it does not have to be transported as far.