Thank you.
First, the buy America policies that favour the purchase of American goods exist at the federal and state levels. At the federal level, some policies may apply in Canada and some may not. The policies that don't apply to us are the requirements of the Buy American Act. So if you hear about the requirements of the Buy American Act, they don't apply to Canada. We have WTO exemptions for those types of policies.
The buy America policies pertain to the money sent by the United States federal government to the states to fund projects, especially infrastructure projects. Right now, the policies apply to purchases of iron, steel and certain manufactured goods.
These programs exist, and we must live with them.
The question is whether the Biden administration will strengthen these programs and whether it will add more goods to the list.
I don't think that this will happen on a state-by-state basis. I think that they'll add certain goods instead. It's important to note that there are many things that we don't know. It will really depend on how they implement the policy.
For example, the executive order passed about a month ago doesn't affect us at all. We must study it. We must understand the details in order to determine how and if we'll be affected. If we were affected—I may be answering another question—we would have a number of good arguments for why it shouldn't apply to Canada.