As you've said, it is still early days and very challenging to know where much of this will come out. If you look at how policy positions have evolved from January 20 until now, and frankly, if you look at the President's willingness to roll back previous positions, it's very hard to say where the U.S. will come out on some of those key funding issues.
I tried to say in my opening remarks that we really don't know what “America first” will mean in terms of U.S. foreign policy. And the Trump administration has not said very much on U.S. development policy.
On the glass-half-full side of things, you've mentioned the cuts. The big cut has been to the UNFPA, and there are threats of large cuts to the multilateral system, principally the United Nations. On the other hand, the glass-half-full interpretation would be that President Trump seems to have appointed an active and forceful cabinet-level representative as his permanent representative at the United Nations.
So my overall answer would be that it's too soon to tell. In terms of the implications for Canada, the U.S. is a very large funder of the multilateral system. You've seen what happened on the Mexico City policy, and the spillover onto the UNFPA decision. The Netherlands has stepped up—this has to do with the funding of reproductive rights—and Canada participated in that shift. Neither Canada nor any other of the traditional funding countries would be in a position to step in if the United States went forward with all of its threatened funding cuts. I am aware that the UN in particular is watching this situation very closely.
But my answer is that it's too soon to tell.