Madam Speaker, the member raised many points and I wonder which one to respond to and how. Like the 500-page bill, there are both good and not-so-good aspects. Let me try to summarize.
I recognize that Manitoba has an aerospace sector, as do other provinces. However, it cannot be denied that this industry's main hub is in the greater Montreal area. Trying to make this distinction, or watering down this interpretation, plays into the fact that there is no aerospace policy or concrete strategy.
With regard to that aircraft, the problem with this tax is how it is applied. Why does it apply to the aircraft, not the travel, and why is it based on criteria that often focus on the number of seats? That creates problems.
We spoke to Bombardier, which estimates that the impact on its cash flow could be in the range of $50 million to $150 million per quarter. That is huge. The government is carving up our cherished aerospace industry. It took generations to build, but the government's actions will destroy it all in just a few years.