Canada has incredible IP. I've long argued that if we engaged in a grand bargain by which we purchased more defence and other material from Europe, while Europe invested in critical infrastructure, hydrocarbons and critical minerals in Canada, the resources we would get from that would not just pay for what we're spending on defence but also help pay down our debt and provide for the shortfalls in social services and in our welfare state, which is suffering. At the same time, it would finance the energy transition.
On the energy transition, we know that, economically, the best value for every dollar you can get is ultimately in research and development of new technology. It's not in all sorts of subsidies for various special interests.