Mr. Speaker, I was planning on sharing my time with my colleague from Laurentides—Labelle. However, today we will not necessarily even get to the end of my own remarks.
Today we are debating an important economic bill in a high-value strategic industry. I was hoping to provide a snapshot of the historical context in which we find ourselves, the role of government in promoting this important industry, and then turn to the specific changes that Bill C-10 will make and the benefits it would have, not only for Air Canada, but for the aerospace sector and for Canadians at large.
An appropriate starting point is that the privatization of Air Canada in the 1980s, which has been canvassed well in the House, created a series of conditions that sought to retain the benefits that this airline presented within our own country's borders.
Fast forwarding to 2012, the conditions led in part to the bankruptcy of a major supplier when Aveos went bankrupt. This had a serious and significant impact for 2,600 workers. One thing I can say, from my experience on the committee and listening to debate in the House, is that every member of the House, from each party, takes seriously the importance of jobs to Canadians and to their families. Where we have a conceptual divide is how we tackle that problem.
When the government had the opportunity to deal with the final condition that was put on Air Canada when the Aveos litigation was suspended, we determined it was important to take action. This requirement put Air Canada in a narrow box and required that it conduct its maintenance operations in three specific urban centres, namely, the Montreal urban community, Winnipeg, and Mississauga.
Before I get too far down that path, it is important that we talk about the role of government in creating economic growth in this sector.
Some members of the House take the view that legislating how many jobs an industry player should have in different locations is a wise economic policy. However, in my view, the role of the government is to create economic conditions that would allow these important engines to create growth and employ Canadians. That is what Bill C-10 seeks to do.
This sector is extraordinarily important to Canada. Over 180,000 individuals are employed in the aerospace sector in Canada. There are 33,000 of them who are employed by Air Canada or its subsidiaries.
Mr. Speaker, I see that you are giving me the two-minute warning, so perhaps I will cut to the chase.
Bill C-10 will level the playing field. My friend from Mount Royal indicated that there are no other airlines that are bound by the same conditions as in Canada. In our deliberations on the Standing Committee on Transport, Infrastructure and Communities, we asked whether there were any in the world. None of the witnesses, including Transport Canada, who looked into it, could find a single example of an industry player who was hamstrung by the same economic conditions that we have placed on Air Canada. The playing field is not level, and Bill C-10 seeks to correct that issue.
By making Air Canada more competitive, our potentially most important player in this strategic sector will have the flexibility to allocate its resources so it can grow. When it has the freedom to choose its own economic policy, it can make investments into the sector that helped grow the economy for all of us. A perfect example is the recent purchase of the C Series jets. Air Canada has committed to 45 jets, with an option to buy 30 more. This will not only create jobs in the maintenance sector, through the centres of excellence that we referred to, but will also provide a boost to the manufacturing side of the aerospace industry, which represents 73% of the GDP contributed in this industry. Now 73% sounds like a lot, because it is, and in this sector there is $29 billion at stake annually; seventy-three per cent of that is on the manufacturing side.
If we allow Air Canada to be competitive, it will invest in the industry, which will have benefits not just in Montreal, Winnipeg, and Mississauga, but in different parts of the country. My own riding has the Halifax International Airport, and we have a small but important aerospace presence. Companies like Pratt and Whitney would love to be part of the manufacturing of these C Series jets. These jets are not only important because Air Canada is purchasing them, but with an anchor client in place, other clients come onboard, as can be evidenced by the recent purchase by Delta.
I see you are prepared to rise, Mr. Speaker. I take it that I am at the end of my time.