This is a very dangerous time for Canadian sovereignty. I'm spending a lot of time in Europe working with European colleagues on various defence issues. There's a lot of anticipation and expectation in terms of what Canada can and will deliver for Europe.
On all the things we've talked about, in particular supply chain security and the like, the risk is that if Canada does not deliver, Europe is big enough to figure out a way to go it alone and get it from elsewhere. That means Canada would lose its most important ally, in terms of partnering with Europe, to offset the vagaries of U.S. unilateralism, which we have used Europe to counterbalance for 100 years. The risk here is that we will find ourselves very isolated in the world, with very few friends and partners because nobody takes us seriously in terms of the commitments we make, and our only option will be to draw even closer to the United States.
This is very much about investing in a strategy that indeed balances our commitments and our friends, but the most important point of counterbalance is ultimately with Europe. You also heard the third option. This is going back to 1971. We need to figure out the relationship with Europe, if we think we've become too interdependent on the U.S. Certainly, our European allies all believe they've become too interdependent on the United States as well.
Look, for instance, at technology, and look at the payoff it can yield. Between 23% and 25% of U.S. GDP is generated by high tech. In Canada, it's under 6%. In Europe, it's 9%. These investments are about upping our game in terms of our national prosperity. We can directly track when we started to divest from defence in this country and how that correlates with our national prosperity and GDP.