CAPC is the Canadian Automotive Partnership Council. I've been the chair since it started about 14 years ago. I think there has been a lot of good work done.
I personally think that when we get through the pandemic, for the most part things will go back to relatively normal. There may be situations where people get used to working from home. They might have a different protocol for safety over the next six, 12 or maybe 18 months.
Probably a bigger impact on what's happening with the auto industry in Canada is the new USMCA. I was quite pleased that the federal government, Ontario, Quebec and the industry all worked together quite well. I think Chrystia Freeland did a really good job consulting with the industry. A lot of good people were working together on this, on what we need to do to make sure we're competitive and we have access to the U.S. market and Mexico. I look at that as being a pretty big trading bloc that can compete against places like China and should be on a level playing field with Europe.
I don't think much will change with the supply base in the automotive industry. For those people who aren't familiar with it, the auto industry is, I believe, the most technologically advanced industry in the world, without even a close second. It uses electronics and autonomous drive vehicles. Having a manufacturing base and an engineering base in North America I think will help raise the standard of living for everybody.
So I don't think that much changes. I do think we need to look at the new normal from a government perspective going forward, with the debt and everything else that's happened. Will that put a burden in taxes on companies? At Magna we're a proud Canadian company, but we have to go where we can make a profit. Hopefully, we can get everything in fiscal order. It will be similar in other places around the world. It will be very interesting to see what happens from a competitive standpoint.