I'll take the first part of the question.
You're spot-on, Mr. Badawey, as always. Obviously, you represent a region, Niagara, that is very intertwined in terms of supply chains.
I would say you're spot-on because, after COVID, what we've seen is that global supply chains have become more regional, and there's more emphasis on resiliency than pure efficiency. The world has been transformed—Minister Freeland was saying that—and we were both witnessing that over a period of a decade. We've seen the supply chains and the global trading order really shifting in a way, not only with conflicts and tensions you see in many parts of the world, but certainly also in terms of the resiliency that people want to see.
In my role as co-chair of the Canada-U.S. engagement, I can tell you how significant everything you just said was when we started engaging with our U.S. colleagues. The first thing we always talk about with our American friends is security—security of the borders, security of the Arctic, security of the north. The second thing was supply chain resiliency, because that is everything today. I remember a CEO telling me what they liked about Canada. If things go bad, they'll truck the stuff across the border. If it goes really bad, they'll go and pick it up themselves with their pickup truck, because the proximity is what makes a huge difference in that. The third aspect we were talking about with our U.S. friends was a growth agenda.
I'll give you three examples, and then I'll turn it over to Minister Freeland.
For folks who are watching at home, I'll just tell you about the integrated nature of our supply chain with the Americans. Probably your colleagues have not realized that 80% of all the semiconductors that are manufactured in the United States are packaged and tested in Bromont, Quebec. That is the Albany-Bromont corridor we talk about. This is so significant. You don't need to take it from me—although I know you're a friend and you would take it from me. However, it's even better when you have the President of the United States, when he came to speak to the House of Commons, make the point that the United States and Canada.... I don't remember the words verbatim, but the concept was that the United States and Canada need to work together for the U.S. and North America to be resilient in semiconductors.
I'll give you another example, where we invested with Rio Tinto on titanium. We're going to be making titanium powder with the titanium that is produced now in Sorel, Quebec. With titanium powder, you can do 3D printing and replace parts of jets on aircraft carriers. That is so significant for the economic security and national security of North America that I would tell you that our American friends have noticed that. In key critical minerals as well, as you know, there's only one cobalt refinery that is serving markets in both Canada and the United States.
My point is to say this. I want everyone at home to know about the work you've been doing, and about your focus in your role to make sure that we improve the connectivity between our two countries. When it comes to critical minerals, when I talk to CEOs, it's about proximity to resources, market and assembly lines. There are critical minerals elsewhere in the world, but I can tell you that global companies want to sell in the United States and Canada. They want to have that proximity. The work that you've been doing on the Great Lakes and championing that as the chair of that committee, which is with both the United States and Canada, is making a huge difference. You've been a great asset for us in strengthening that relationship with the United States.
I'll turn to Minister Freeland.