Mr. Speaker, there are a variety of public policy options available to the government.
In the previous government, the capital cost allowance acceleration and a variety of other R and D credits and reforms were ways we were trying to help a range of manufacturing industries across the country, and particularly in my province of Ontario. I met regularly with the Aerospace Industries Association in Canada on ways that we could help them.
What we see here, as I said earlier in my speech and in previous answers to questions, is something that is the result of litigation, which is the result of the financial instability of one of those aircraft assemblers. What we have not had is a proper talk on that industry.
Having lived and served in the air force in Winnipeg, I know the excellent track record and global reputation of that industry. How can we best facilitate the success of that industry? Some of the policies of the previous government are the answer, as well as letting the regulatory process for airports like the Toronto island airport run its course. Then the private sector will actually help before the government has to come in with a bailout.