Thanks, Sam.
Thanks, everybody, for receiving us today.
As you saw in the presentation, because of the ultra-low latency, all Canadian financial transactions will go through this link. This is an opportunity for us to offer Canadians a security solution that is not just software, but also hardware. The idea is to build an independent and international northern fibre, whose main benefit would be to enable Canadians, with the First Nations, to assert their sovereignty over this territory. This is a very important aspect that we want to see in this project.
I think that today is the last day you're meeting on this subject. We would like the Committee to consider this option. There is the Quintillion link—which is still under development, although its first segment is already in service—but there could be another Canadian project that would link to the network. As Mr. Gull said, parts of this line would stay in international waters. This could provide an international cybersecurity solution and would ensure that Canadians would have access to other markets with ultra-low latency. This would give us an advantage in our international financial transactions, and, most importantly, would enable us to assert our sovereignty over the Northwest Passage.
It would be a good idea to combine this with the connectivity of northern communities, but that should not be our primary goal. The primary goal is to ensure our security. There are of course all sorts of other benefits, such as worker training and job creation in the North, which are good for the economy.
Thank you, Mr. Chair.