The low-hanging fruit question is always tricky.
If we're looking at what is going on right now, we know there is a desire in the defence industry, for example, to make sure we are less reliant on specific countries to obtain our military products. That is a good area where we could, on both the export side and the import side, ask, “Can we, through collaboration with certain Asian countries, make sure we have more diversified sourcing or exporting of defence products?" That is one example.
Another example is clean energy technologies. If you look at electric vehicle batteries or solar panels, one country is the biggest source of these products, and it's China. For our clean energy transition, it's not bad to get cheap products from China, but being overly reliant on this one country can at certain moments lead to certain dangerous, coercive actions. That's another area where we could say that maybe we should be diversifying a bit.
The final thing I'll say, and this is more on the export side, is about critical minerals. We have an incredible wealth in critical minerals in Canada. This is something the U.S. is looking for, but a lot of other Asian countries, such as Japan and Korea, are also looking at sourcing critical minerals. That gives us a bit of leverage to find ways we can diversify our trade and ensure that our strong points in trade can help in our negotiations.
