We would like to note that strong and consistent action defending Canada's fair market principles generates the needed confidence that investments in Canada will be protected against anti-competitive behaviours from other jurisdictions. In a highly capital-intensive and technology-intensive industry like steel, our members are in a constant competition with global affiliates to attract foreign direct investment into Canada. Maintenance of a free and fair market through WTO compliant policies, such as the modernization of our domestic trade remedy system and the continued enforcement of evidence-based, non-market economy provisions to applicable jurisdictions like China where state intervention in the economy is well established and harmful to Canadian industry, is crucial to securing future direct investments in Canada.
The CSPA and its members were also pleased to see domestic policy measures in budget 2016 that we believe encourage both continued investment and production in Canada. We welcome the government's $120-billion, 10-year infrastructure commitment, and our members look forward to the ability to contribute to the needed modernization and rehabilitation of Canada's public infrastructure. The CSPA shares the government's view of long-term infrastructure investment as an opportunity for contributions to national economic growth, and we believe that Canada's steel producers will play a substantial role in supplying critical inputs required by projects associated with infrastructure challenges of national significance. This is especially true since Canadian-sourced steel and Canadian infrastructure projects provide significant climate change benefits relative to imported alternatives.
Similarly, we are encouraged by budget 2016's extension of the automotive innovation fund through the end of 2021. We believe that this type of partnership between the federal government, the Government of Ontario, and the Canadian automotive industry for the purpose of attracting strategic, large-scale research and development projects is an important component of a collaborative effort to raise the profile of Canada's strong manufacturing capabilities.
In closing, I would like to thank the committee for the opportunity to appear today on this important legislation, and I'm happy to take any questions you may have.