Mr. Speaker, I want to correct the record. I am the member of Parliament for Davenport, which I am very proud of. I do not mind being confused with my wonderful colleague, the member of Parliament for Toronto—Danforth, as our ridings are often confused, but I wanted to correct the record on that.
Canada and Ukraine I believe already had a foreign investment promotion and protection agreement. The new investment chapter in the modernized agreement features modern drafting to ensure that parties remain flexible from a policy perspective and to ensure their right to regulate in key areas. It also includes a new chapter with a modern dispute settlement mechanism, which will, among other important updates, strengthen alternatives to avoid arbitration and enhance the transparency of proceedings and commitments.