In my opinion, the current climate of uncertainty stems more from geopolitical factors than from actions by the government.
Even before the U.S. imposed tariffs, there were changes on the geopolitical front and some uncertainty. The government did not create this situation. Global factors are chiefly responsible. We were already sensing a slowdown, which did indeed accelerate rapidly due to tariffs.
That said, our business environment is still quite favourable. We have financing. As previous witnesses have said, we are fortunate in Quebec to have Investissement Québec and the Caisse de dépôt et placement du Québec, for example. Funds, capital and financiers are available.
It's true that the aerospace sector is often one of the first to be affected in times of uncertainty. People are obviously a little more cautious when there is uncertainty related to geopolitical factors.
However, I'd like to reassure you that we are still very resilient. We demonstrated this after the COVID‑19 crisis. Flights were suspended for a year, and we managed to turn the situation around.