Mr. Speaker, the people living in the Lévis area are concerned about the future of Canada's largest shipyard, the Davie shipyard. At the moment, the shipyard is depending on a major bid, which could mean jobs for 600 workers.
Indeed, the conversion of the Midnight Express is the kind of technological challenge Davie can rise to. Having visited the shipyard and worked with them on the Spirit of Columbus platform, I know they will meet this high tech challenge.
The Government of Canada, through the EDC, is prepared to fund up to 60% of this project and grant an interest reduction of some $10 million to the client company, Torch. So, I truly hope that the Davie shipyard will get out of its slump and recover its vitality as soon as possible.