Mr. Speaker, the investor-state dispute mechanism and principle is, in my own opinion, actually a really great initiative. However, when they handicap governments for the purpose of just simply trade or their own personal interests, or they inhibit them from creating environmental laws or labour standards, that is where the challenge is. Many times, states have used the opposite to inhibit trade so that they can give advantage to local trade. That is where that challenge has been.
It is one of those things that has grown. As we have relationships with countries like the U.S. where we have had free trade for a long time, we have seen some of the negatives of perhaps the investor-state dispute settlement system. There has been a cry from the public, as well as industry, not to have it. In other cases, such as starting fresh with CETA being new or when we are doing new trade agreements, it is sometimes very important to have those benchmarks and those safeguards to ensure that it works well.
One of the reasons we are working with the U.K. to see where we can reduce this or change that is because the legal systems in the U.K. and Canada are very similar. Therefore, we are safeguarded. This is in opposition with the European Union, where it is a cosmopolitan mix of different frameworks and, therefore, we need more protective measures for when our investors go and invest in that space.