Canada is blessed with renewable resources. We can be a global leader in technology for the energy transition if we make prudent investments. I think we have seen Canadian companies...to that effect. The problem is that in this country, we do not have the necessary economies of scale. We will only be able to harness those economies of scale in partnership with the United States—which, given the policy approaches in the United States, may be a challenge—with our European allies or with partners in the Indo-Pacific region.
Canada needs to think, both on clean energy and on fossil fuels, in a global fashion in terms of what world we want to live in five, 10 and 20 years from now. How do we intelligently invest the profits we are generating from fossil fuels in the world that we all ultimately want to live in?