Let's talk about that $2.1-billion loan that you just announced on September 13. It's a 15-year loan that gives interest relief, essentially, with no interest payments for the first five years. At the rate that you set in the contract of 4.7% plus the overnight repo rate, that's about a 10% interest rate at current rates. That's over $1 billion of interest in the first five years that you're forgiving to Telesat, and you said you'll get goods in kind. What goods in kind are you getting for $1 billion?
On October 3rd, 2024. See this statement in context.