Thank you for your question.
We've long been advocating for an aerospace industrial strategy. I'm very pleased that the government.... It seems as though there's support from all parties for a defence industrial strategy, but, much like the luxury tax that impacts the industry, the need for an aerospace industrial strategy is also critical. When you take a look at innovation, the labour market and the interplay between the defence and civil side specific to aerospace, it's absolutely critical that we maintain both sides of that dynamic for our industry.
When you take a look at innovation, we have significant funds flowing through on innovation to the industry for certain projects. We need the government to be the first buyer of that innovation, and then, with aerospace, 90% of what we do is export-related. There is a huge component, both on the civil and the defence side, to generate contributions to Canada's GDP with respect to that export piece. On the civil and defence sides, there are huge export opportunities if we can get these strategies right.