Mr. Chair, in terms of the F-35 aircraft, I would like to say that I see no reason why history will not repeat itself. The Canadian aerospace industry is the fifth largest in the world. It exports 80% of its annual production. For me, that guarantees both ability and innovation. It proves that we are able to compete with anyone, anywhere in the world.
With the possibility of getting up to $12 billion in contracts as a result of the decision to purchase F-35 aircraft, and the ability to do so, I feel that our companies have proved that they can succeed. I am completely confident about that. In my presentation today, I mentioned developing an aerospace policy, including both aviation and space as well, since we can already chalk up some successes there.
The monthly magazine Policy Options published an article by Tom Flanagan this month entitled Space: Punching Above Our Weight. He discusses exactly these Canadian abilities and achievements in the area.
I think it is important to have a plan. If our government puts its words into action, our industries will certainly be there to provide support.