I'll take that in reverse, because it's a great question.
Private sector investment will follow government leadership, and that's incredibly important. We've long talked about the need for political leadership, and if we want to talk about delays, we needed that political leadership. I feel we do have that political leadership now, so we need to move forward on that and the consensus amongst all parties with respect to this.
It's interesting. I was at a meeting of an international group of industry leaders. They're paying attention to Canada and they are now seeing the commitment and the profile that is being given to defence, and international companies are looking at how they can invest in Canada because of what's happening. They don't know where to go or how to do it, but it's on their radar. They are looking for that defence industrial strategy, so it's absolutely critical.
When you take a look at the small and medium-sized businesses in aerospace specifically, it is truly a global supply chain. Our small and medium-sized business are no strangers to that international supply chain, so, again, the predictability that's going to come with a defence industrial strategy will spur on that private sector investment and spur on those opportunities for the supply chain. If we take a look at some of the impacts and benefits to the supply chains from some of these major procurements, 60% to 70% go through the supply chains, so it's absolutely critical for those small and medium-sized businesses right across the country.