International Trade committee  I think what you said actually validates why it's so important to get this Canada-U.K. deal over the line. If CETA matters, then certainly what is 40% of our trade to the EU matters. That's why companies do need certainty on what's going to happen on January 1.

International Trade committee  Well, Parliament has the right to vote as it chooses on the legislation when it arrives. That's just the matter-of-fact position that you have. I don't really have much further to say on that aspect.

International Trade committee  In the absence of clarity, I would price on the assumption that you're going to have whatever the U.K. global tariff is—

International Trade committee  —for that product.

International Trade committee  The correct answer is that it makes our products less cost-competitive.

International Trade committee  There will be businesses that have managed to lock in a relationship with a buyer in the U.K. I think there will be folks who can ride it out, and certainly we have something at least signed but not ratified, so hopefully there would be a degree of certainty. However, if that sit

International Trade committee  Again, I think in the absence of having a deal, you have to assume you don't have one, because if you assume wrong then someone's going to have to pay for that cost at the end of the day.

International Trade committee  You'll go where it makes business sense to go.

International Trade committee  Well, I think that is a question you're going to have to ask the government. I can't speak on behalf of its parliamentary affairs strategy.

International Trade committee  I think the regulatory co-operation provision should be rolled over to get the process started on day one. In terms of what we'd like to see going forward there's ensuring greater transparency amongst regulators for the decisions they make. I think the experience of some of our m

International Trade committee  I think people understand the content of what we're trying to reach. I think the one aspect where we could improve communication is actually around the transitional nature. It's not clear exactly what “transition” means. It could mean a lot of things to a lot of different peopl

International Trade committee  Picking up on the comments I had made to Ms. Gray earlier, this discussion has been characterized a bit more by industry initiating some of those contacts. We haven't seen the same sort of Gazette-notice style. Then again, that can come to Trevor's point as well, about the govern

International Trade committee  If you have a good coming in, you will have to pay a tariff on it according to the U.K.'s new global tariff regime, if it's going that way. If you're a Canadian wholesaler or retailer bringing in U.K. products to sell to Canadians, you will also have to pay a tariff on that produ

International Trade committee  I have not heard anything like that. I would in some respects actually draw some parallels between that type of idea, with all due respect, and the U.K. joining the CPTPP. Sure, great, and we would see benefits there, but we also have a mission-critical problem in front of us, wh

International Trade committee  Unfortunately, we'll still have them on January 1, because the U.K. is copying over the EU acquis rule book. However, generally speaking, because the U.K., within the EU28, has been more North American-minded, if I could call it that, on some of these things, I am hopeful that