There is some scope for implicit, if not directly coordinated, but effectively aligned policy-making, and we need to see more of that. It doesn't always necessarily need to be an obvious trade bloc, but rather aligned policies and consistency, so that there are not back doors to circumvent the trade barriers that all of these economies agree are necessary.
I want to be clear that I don't think that Chinese electric vehicles can solve the problems that Canada and this committee are looking to solve. Ultimately, automakers that are in that sector are not competing simply with a rival corporation. They're competing with an entire industrial ecosystem that is designed to drive them out of business. That will deter other automakers, let's say, Japan, Korea or other more trustworthy countries, from entering the Canadian market and helping us build that ecosystem.
It's actually going to have, I think, a negative effect that hollows out the industrial base and weakens us. We need to protect against that and instead align with countries that are not only more like-minded in values but also in economic policy and a commitment to free market principles.
