Thank you for your question.
We had talked about the budget, so I have hope that the upcoming budget will address this, but it is of serious concern to the industry right now. In my opening remarks, I talked about the interplay between defence and the civil side. Right now, we have government policy that is a job-killing tax on our industry. We are seeing significant impacts. We've lost over $2 billion in revenue for the business aircraft industry. We've done some independent analysis. This is impacting over 6,000 jobs right across the country. The vast majority of that is throughout the supply chain.
When you take a look at the lost revenue that is there, we've lost $90 million in GST, $90 million in income tax. The government has only collected approximately $15 million off of the aircraft, and it costs the CRA $14 million to administer this program. It absolutely makes no sense, when we're all very attuned to increasing taxes, tariffs and all sorts of things across the board, to have our own government put in place a job-killing tax on our industry. We're talking about the good-paying jobs that the defence side brings, but on the civil side, it's absolutely devastating to certain portions of the industry.
If we want a strong aerospace economy, we need to take a look at the defence side, which is what we're doing, but the government also needs to take a look at some of the punitive taxation measures that are currently in place and impacting workers right across the country. It's a huge concern for us. It's something that we'll be watching very closely in the upcoming budget. We're very hopeful that the government will see the error of its ways and correct some of the taxation issues.