Well, it would mean trouble. I do think they are now on the cusp of moving quite a lot faster than we are.
In fairness, I don't want to say that the federal government is doing nothing, but I would highlight a difference in approach in what we're seeing from the Biden administration and what we've seen in our own.
The flagship policy that we currently have remains the carbon price. I'm in favour of carbon pricing, to be clear, but it's not the end-all and be-all, and the approach that Canada has taken to tackling this crisis is to try to incentivize our way to victory. We send price signals, we offer rebates and we encourage and cajole. What we don't do is require, and what we aren't doing is spending what it takes to win at the scale required, and we're not creating brash new institutions like this transfer or new Crown enterprises that would mass-produce electric heat pumps or electric buses or what have you.
In contrast, you're seeing the Biden administration start to spend what it takes to win by an order of magnitude more than we are and directly investing in wind, electric and so on.