There's a lot in there, so let me try to parse it out.
First of all, to clarify, I did not ever say that Canada was an energy superpower. I was just echoing what our Prime Minister has said—that we should aspire to be an energy superpower. To use the recent words of Prime Minister Carney, we should talk about the world “as it is”, and what Canada should do to make the world into what “we wish it to be”. The world, as it is today, is in a period of profound geopolitical and economic change.
The current U.S. administration has an unapologetic America first policy, and it's rewriting long-standing norms in global trade. For Canada, that new normal is not a debate; it's an urgent question: How should a resource-rich and trade-dependent nation position itself in a world where economic force, and not market fairness, is setting the rules? On the other hand, just as you have federal and provincial governments really working hard to preserve the veracity of the Canada-U.S. trade agreement, that's a critical recognition of the world as it is and Canada as it is.
As I said in my previous remarks on the USMCA, over the last lost decade, there were decisions not to build an east-west egress or a tidewater egress, and we are now in a situation where 20% of our entire balance of trade goes north-south. You can't just lickety-split build a pipeline.
We also have to recognize the critical nature of preserving—