Thank you very much.
Thank you to all of our panellists for being here. This is an important topic. Prior to asking a few questions here, I want to make a couple of comments.
I'm quite encouraged, and I'd say enthusiastic, about the direction for building our defence capacity. Having been raised in a military family and having been in the military myself, I think it is really important to be developing our capabilities here in Canada for jobs and for technology. I'm enthusiastic about that, but I also want to share a concern.
That concern is that we've seen how funding can so often be led into the mismanagement of funds. I'm not pointing to you right now, but I will mention that we have seen, for example, how the dollars have rolled out with the environmental funds, the green slush fund and all of these different commitments. It's been really good sometimes for Liberal insiders, friends and companies, but it hasn't been great for the taxpayers of Canada.
We've seen that also with the COVID contracts for the ArriveCAN app and for the ventilators. We've seen all sorts of money thrown out, hand over fist, with very poor results. That's the concern I have. I'm not pointing any fingers here, but I will also say that the announcement of a $200-million spaceport and the contract for 10 years for land that was already leased is very concerning to me, to taxpayers and to this side right here. This is the flashing red light, as much as I want it to just go forward.
Mr. Elzein, you mentioned building a real business that is not dependent on grants. There can be accountability issues, and it can get pretty sloppy, but it's important. You also mentioned having defence contracts that are not based just on Canadian defence, because that's boom or bust. We've always seen that, whether it's shipbuilding or whatever else. That's important. I just had that comment.
Ms. Hébert, Mr. Pyun, can you talk about the impact of U.S. tariffs on the auto sector, especially in Ontario? Are you also feeling an impact in your sector?