Thank you, Mr. Chair, for this question.
First of all, we have our Victoria-class modernization project for four submarines contemplated in these main estimates. We're asking for $3.3 million to enhance capabilities, conditions and operation of subs through the mid-2030s.
In addition, our Royal Canadian Navy is examining conventional options that would be available for a potential submarine replacement class. That's going to include gathering information and conducting an analysis of submarines that would meet the requirements, some of which the honourable member outlined.
Our defence policy update is currently under way; public consultations are ongoing. We look forward to releasing the defence policy update in the near future.