I think the glass is getting awfully close to being broken, one way or another. We should have been working on this before now, but in the absence of a true decision around some of the trade issues that are confronting us, it's very difficult to make a final decision about the direction of investment.
That said, we're coming up to July 1. We're going to know very rapidly whether or not Canada remains part of a North American automobile manufacturing structure. If not, then, yes, this is a “break the glass” emergency.
There will have to be enormous effort put into making the transition to ensure that strategic industries are allowed to continue into the future. In this case, it may mean that auto parts suppliers will have to be transitioned to supplying the energy sector, to national defence or to any number of other critical national projects, but it would be a shame and a failure on Canada's part to let those capabilities go.
