Mr. Speaker, I thank my colleague for the great question and for his leadership on the industry and innovation committee.
The renewal of the AIT gives us the opportunity to work together on a new framework that addresses the common challenges faced by our various partners.
Canadians expect us to work together to make doing business in this country much easier. All governments are seized with this goal. Our government ran and won on a positive platform that encourages co-operation across Canada. However, the opposition proposes an antagonistic approach that is not aligned with our platform of meaningful engagement with Canadians.
Modernizing the AIT would allow us to reduce barriers and harmonize regulations across all sectors in Canada, unlike the current AIT, which covers only a few specific sectors.
It would have more open government procurement, which would give Canadian firms the opportunity to bid on procurement contracts and to lower the costs. All this would eventually lead to growing our economy and creating jobs that would be of benefit to the middle class.