Donald Trump’s tariff threats have sent most Canadians into a panic. But for the country’s corporate class, the crisis has spelled opportunity.

They’re pushing their long-standing wishlist of corporate tax cuts, deregulation, and austerity—and even expressing appreciation for the U.S. president’s bullying.

The head of the country’s most powerful lobby group, the Business Council of Canada, sounded positively grateful while attending Trump’s inauguration.

“I think we owe the president a thank you,” CEO Goldy Hyder told journalists in Washington, D.C. “He’s woken us up.”