Thank you.
Thanks for being here.
I know that some Conservative members have said online that they would have rather just given Elon Musk more money. I'm of the opinion that Telesat is a great Canadian company.
Why does the Government of Canada need to lend Telesat money? Why are we stepping in and providing a loan? Is it because the market rates are not competitive, or is it because Telesat can't get access to financing? I think there's a strategic reason the Government of Canada is actually doing the work and enabling the market in certain areas. You've talked about being strategic numerous times. Could you speak to why we need to play a role and why this is in the public interest?