Mr. Speaker, the aerospace industry is a high tech sector in which Canada has a unique expertise.
The Conservative government, however, does not seem to understand the strategic importance of that industry. Over a thousand jobs have been lost in the aerospace industry this year. Let us not forget that the Conservative government made $500 million in cuts to tax credits for research. The Conservatives botched the airplane and helicopter procurement process. As a result, there were cost overruns and the equipment was not delivered on time. Canadians deserve better.
The NDP has committed to investing in the aerospace industry by creating an innovation tax credit and extending the accelerated capital cost allowance. With regard to government procurement contracts, the NDP will hold an open and transparent bidding process and will work with the aerospace industry to ensure that we keep as many jobs here in Canada as possible. Canadians can count on us to protect these good jobs.