Thank you for your question.
Absolutely. I think you mentioned the economic impact assessment. We're very concerned with the understanding that it hadn't been done, again just by the results we've seen by going out and surveying our members. It's 1,000 jobs and a billion dollars lost in revenue.
However, the uncertainty that this brings, and we've talked a lot about the international reputation piece.... I'll just give a little example that has come up in consultations on potential free trade agreements. There's a lot of discussions about how you lower tariffs to make sure we can sell our aircraft internationally, and we have a whole department of international trade focused on that specifically. Then, isn't it contradictory that we have another government department, in Finance Canada, putting a 20% tax on that same plane if it's bought domestically? There's absolutely international reputational damage being done here.
We've talked a lot in the past, and still do, about the need for a national aerospace strategy. Again, it goes to that support from the government for what is a strategic sector.
All of our competitor nations have aerospace strategies. We do not. All of our competitor nations do not have a tax of this nature, and we're contemplating putting one in place. It makes no sense. We need that predictability. We need that certainty. The legislation is flawed.