We need pragmatic co-operation with China. As a middle power, Canada doesn't ever want to get caught in between a great power competition. It is clear that in terms of China's being the largest energy polluter in the world, it is in our interest to help China transition from coal, which is very inefficient, to liquefied natural gas, for instance. China also has some technology that is very favourable for us in terms of economies of scale.
At the same time, we need to make sure that the way in which we allocate the profits of Canadian taxpayers will benefit allied and strategic interests first and foremost and that it will not encourage predatory pricing and market policies by China. We also need to make sure that we protect Canadian intellectual property. One of my greatest concerns currently is that we still haven't learned from the past. We're still effectively giving away key critical infrastructure and key intellectual property.
