Mr. Speaker, today our government announced that CAE Inc. has been awarded the training contract for the 15 new Boeing CH-147F medium to heavy lift Chinook helicopters.
Through this investment our government is helping to create high tech jobs in the Canadian aerospace sector. CAE will provide training for the new Chinook air crews on high tech flight simulators.
As with all major military procurements, the industrial and regional benefits policy ensures that 100% of the value of this contract will be invested in Canada. This means that CAE will generate one dollar of economic activity in Canada for every dollar it receives from this contract, with the majority of benefits flowing directly to the Canadian aerospace and defence sector.
In addition to helping create high tech jobs, our government is also providing the men and women of the Canadian Armed Forces with the best training and technology to do their jobs both at home and on the world stage.