Thank you, Mr. Oliphant, for the question.
I'm not sure I would say that our assessment of the first buy America deal was nihilistic. I think that is not quite the right word.
In terms of the leverage we have now with the Biden administration, I would say we should be working with them where we can. Where we see Biden saying he wants to reform these procurement rules at the WTO, for example, to make it easier for all governments to use public spending in these ways to support domestic priorities—whether it's renewal in the case of post-COVID recovery, whether it's job creation or those kinds of things—that's an area in which we could work with the Biden administration to reform the trade agenda, as we kind of did under the Trump administration with respect to investor-state dispute settlement.
We've kind of started to come up with new thinking around ISDS, that maybe we don't need to be included in these agreements, that maybe the threats to Canadian environmental policy and other measures.... As Minister Freeland mentioned, when we signed the deal, we said, “Thank God we got rid of ISDS. Now we can actually have more flexibility around these policies.”
I would encourage us to work with the Biden administration on these interesting areas in which we can put these things like sustainable development and trade into a better balance than perhaps they are now.