We need to create a favourable regulatory framework; it needs to be a good place to do business for space companies, and be favourable to Canadian companies. We happen to think that the current framework is a bit dated. It needs to be easier for people to access high-quality data so they can use it. People often ask us why we still need to invest in building and owning satellites. Our current RADARSAT constellation is good until 2026, after which we want to think about the next option. We've let contracts to companies to help us with that, so they're brainstorming now and will come to us with proposals.
We know this is an area where there is a need for government presence, because a lot of this data has public use, and many countries are seeing massive returns on investment from opening up the data, making it available to businesses and then seeing lots of downstream benefits. It's also true, though, as you point out, that commercial companies are entering this space and creating a lot of data that they then sell and commercialize. Nonetheless, we're seeing around the world that both are happening at the same time, because they have different end uses. We want Canada to be well-positioned to take part in what is really a new space economy. My colleague Ms. Preville has called data the “new workhorse of space”.