Yes, sir, I think we do. The United States has moved to an industrial strategy, the Europeans are moving in that direction and I think Australia is too. I think we should do it, but I would try to do it in tandem with our largest trading partners. That would start on a continental basis, because the United States is very much going down that road under the Biden administration. I have no doubt that if there is another administration after Mr. Biden's, whether it's Republican or Democrat, they'll take the same approach. I think we have re-embraced industrial strategy and we should look to see how others are doing it.
Just as in regulatory reform between Canada and the United States, we'd set up a commission that basically assures we're keeping what we call the minutiae of small differences from upsetting that relationship, because again, so much of our trade is with the United States. In the case of industrial strategy and incentives, we should be looking at this together, because together we'd have a much more successful platform.
I would endorse your point about finding the sectors where we are in the lead. We're not good at everything, but we are good at some very good things, and we should really focus on our areas of competitive advantage. As I said, a number of studies have identified these areas. I pointed to the Monique Leroux report, for example, and I think it would be a good starting point. Again, a lot of the work has been done within Canada.