The problem with that approach is that we would only be promoting a handful of vehicles when the market buys hundreds of vehicles from different people all around the world.
I'd say a couple of things. I think we can design a scrappage program that will give us a dividend in greenhouse gas reduction, and we should take that advantage if we can do it. I think we can have one that inspires people who have older vehicles. When you replace any vehicle right now that is 12 years old with something new, you're going to get a 35% improvement in greenhouse gases at least. We've done the analysis and we're happy to share it. Then you have options in terms of electric vehicles that are coming.
The other thing I want to say apropos of some of the things Jim has said is that the automotive industry is not standing still and just doing the same things we've done in the 1900s. This is an industry that is going through rapid technological change, and there are huge opportunities for us here from CAPC's point of view. We've hired 1,000 engineers who are working on autonomous technology and on electric vehicles. There's going to be massive change coming forward in the auto industry.
I think Canada has fantastic opportunities to be part of the intangibles global economy that Jim's talking about, and to do it and grow up domestic suppliers that can have real competitive advantages, but we need to have a strategy to do that. I would welcome the chance to sit down and talk about that further.