Mr. Speaker, Canada's aerospace industry is anchoring thousands of high-skill jobs across our country.
Our government knows that innovation, ideas and ingenuity are what will matter in tomorrow's economy. Innovation is the best way for high-wage economies like ours to compete with countries around the world and to create jobs here at home.
Economic action plan 2013 demonstrates the government's commitment to encouraging innovation in the aerospace and space industries, with stable funding of nearly $1 billion over five years to the strategic aerospace and defence initiative, the creation of an aerospace technology demonstration program and the launch of consultations for the creation of a national aerospace research and technology network.
We are supporting this important industry and we will continue to do so.