Mr. Speaker, I believe the true way to develop and encourage the industry is to approach the problems. This would not necessarily be through straight subsidies.
The problems seem to be apparent. I think we could relate back to possibly the 1960s when I first was an adult and the first time I voted. It was noticeable to me at that time that the Canadian dollar was $1.10 to the American dollar and the taxation level was far lower than it is today. Yet somehow there was some help to our shipbuilding industry at that time.
These are the things that we should be addressing as well as the very significant problems of levelling the international trade situation by possibly approaching a repeal of the Jones act. It seems to give unfair discrimination against Canada to its shipbuilding industry. These are the areas we should be approaching to resolve the taxation system and levelling the playing field on international trade.