Thank you Chair.
Welcome, Minister, and welcome, Mr. Kennedy.
Let's get back to the main estimates and the funds that will be used to invest in Canadian companies and companies that are coming to Canada to help grow our economy, especially in some exciting sectors.
Minister, I wanted to speak to the semiconductor industry. On April 26, you joined the Prime Minister to announce the federal government's $59.9-million investment in the $226.5-million expansion of the IBM semiconductor packaging plant in Bromont, Quebec, and to support R and D in quantum technologies.
Minister, why is investigating in this type of a project good for Quebec's economy, good for Canada's economy and good for the entire supply chain when it comes to high value-added manufacturing in the semiconductor industry?