Mr. Speaker, with great respect to my hon. colleague, he missed out on a few things.
First, he should be aware that the Canadian industry for military Coast Guard Laker and ferry fleets requires an investment of $22 billion over 20 years, not $175 million. None of the major yards will be building hovercrafts or the small Coast Guard vessels. We asked and pleaded for a $22 billion investment over 20 years, and we received $175 million.
The minister talked about structured facility financing. We have asked repeatedly, since 2001 in a report done by business, labour and the communities, to have SFF, structured facility financing, and accelerated cost capital allowance together over five years.
The previous Liberals and the current Conservatives repeatedly said that we could not have a double benefit. All we ask for is that the shipbuilding industry be treated in the same fashion as the aerospace industry.
I could not help but notice the other day when a Conservative MP stood and bragged about the investment in aerospace, yet shipbuilding received a pittance. We know that our five remaining yards cannot live by government procurement alone. They have to be stable. We have five major yards left in the country and a bunch of smaller ones. We are very concerned about them.
It is not that the NDP is against trade deals. We are for them, but we have asked for the exact same thing for which the United States has asked. Since 1924, and the minister should know this, every FTA the United States has signed has excluded shipbuilding marine services from the table. The Americans do not even bring it to these deals. Since they are our largest trading partner, we should have followed suit and done the same thing, but we did not. We know shipbuilding is a deal breaker in EFTA.
The minister is right about subsidies. We have not subsidized our industries for years, but Norway did for over 30 years when it was building up the North Sea oil. It subsidized it heavily to the point where it has it right.
It is not just Norway we are concerned about, because the next talks will be with Korea. Korea has said very clearly that the auto and shipbuilding sectors are major factors in the trade deal. Therefore, we are also concerned about Korea when it comes to shipbuilding and other countries down the road.
My hon. colleague, whom I have great respect for, should understand that we have asked very clearly for the shipbuilding aspect to be taken out of EFTA, and worry about everything else. If he says that we can compete with the rest of the world, that is fine. Does that mean supply management for our farmers—