International Trade committee  It's hard to say, but it's the underlying assumption. Canada is a market of 30 million people. We can't produce everything. You need a certain scale to produce certain goods. What we need to do is focus on the areas where we're strong and on whether we are going to be able to make economic gains in this agreement as a result.

International Trade committee  Thank you for your question. It's very difficult to predict whether there will be balance. I don't know that it's important that there be balance, considering they probably have 14 times our population. I think economic studies show that European exports would increase by about $18 billion and Canadian exports by about $10 billion to $12 billion.

International Trade committee  I'll just add two key points. The first is that regulatory cooperation is an integral part of this negotiation. If you look at professional skills, minerals, forest products, agricultural products, and even procurement, all those sectors face barriers going into the European Union.

International Trade committee  Thank you, Mr. Chairman. Thank you for the opportunity to present to the international trade committee. Just briefly, the Canada Europe Roundtable was founded in 1999. It had a lot of government support at the time. The reason it exists is that the transatlantic business dialogue that exists between the United States and Europe did not permit participation by Canadian companies.