Mr. Speaker, I will be sharing my time with the member for Marc-Aurèle-Fortin.
Today I rise in support of legislation that will drive a level of investment in Cape Breton—Canso—Antigonish that has not been seen in generations. The future of the space industry in Canso holds tremendous potential for our riding and our province. Over the next few minutes, I will speak to the deeply positive impacts that Bill C-28 would have.
First, I would like to start off with a little bit of gratitude for our government and for our federal government making a historic, $200-million investment in Nova Scotia, in my riding, to help establish a spaceport in Nova Scotia as a cornerstone of Canada's future satellite launches. This investment will create good jobs, support innovation and grow Atlantic Canada's role in a fast-growing global industry. It will also help us rely less on foreign launch sites and build a stronger, more sovereign role in getting satellites into space.
From coast to coast to coast, Canadians are turning ambition into capability, developing launch vehicles and spaceports, refining the engines that will lift them and building the satellites that will strengthen our economy and protect our sovereignty. These innovators are ready. Their talent is world-class, but they are held back, not by a lack of vision or capability, but by the absence of a modern legal framework that allows them to launch from home.
Today, with the Canadian space launch act, we hand them the key. Today, we unleash the innovation engine. Innovation is in our DNA, but innovators need the right conditions to thrive, a framework that matches the scale of their ambition, which is what this legislation would provide.
The global space economy is projected to grow more than 200% by 2032. Here at home, Canada's space sector workforce grew by almost 6% in 2023, reaching an all-time high. Canadians are ready to compete and lead in this rapidly expanding market, and this legislation will give them the clear framework they need to do it.
Without a domestic legal regime, Canadian companies face stark choices: wait indefinitely or take their innovation and jobs abroad. That is a choice this legislation ensures they would never face.
Why does launch matter so much? Satellites are critical infrastructure woven into daily life. When a ship threads through fog in the St. Lawrence, when paramedics locate a caller in seconds, when communities in the north rely on satellite links for school and telehealth, when utilities and banks synchronize time across vast networks or when our armed forces secure communications, maintain situational awareness, navigate environments and collect intelligence, each of these everyday capabilities depends on space-based assets overhead.
Satellites are only as reliable as our ability to launch, maintain, defend and replace them. Sovereign launch capability is not a luxury, but a strategic necessity.
Let me speak directly about the innovators who are the human face of this act.
NordSpace, headquartered in Ontario and operating in Newfoundland and Labrador, is advancing plans for a commercial spaceport that would create high-skilled jobs, attract investments and inspire the next generation of Canadian engineers and scientists to see rocket launch from Canadian soil.
Based in Toronto, Canada Rocket Company is helping to reverse the brain drain by bringing skilled Canadians home to build cutting-edge light- and medium-lift rockets, advancing Canada's objective of securing reliable access to space.
Reaction Dynamics, headquartered in Quebec, is developing advanced infrastructure-light launch vehicles that position Canada at the forefront of environmentally responsible access to space: nimble, sustainable and globally competitive.
In my home riding, Maritime Launch Services is building one of Canada's first spaceports in Canso. Currently under construction and set to be built by 2028, it is expected to contribute $300 million to our GDP annually. Once fully operational, it will create 1,600 jobs in my riding. I want to repeat that: 1,600 jobs in rural Nova Scotia. That is an amazing thing, and I have so much gratitude for that.
This project will deliver enormous economic opportunities for our communities and families. It will contribute to rural economic development, drive tourism and show the world that Nova Scotians can get big things done.
That is why I am shocked that the Conservative leader took to Elon Musk's social media company to oppose this competing commercial spaceport project.
It is not surprising that there are no Conservatives in Nova Scotia as MPs, because every time a company decides to invest in our province, the Conservatives launch a crusade to kill the jobs, investments and economic benefits for Nova Scotians. We saw it when they opposed legislation, supported by the Progressive Conservative government, to build offshore wind. Thankfully, we did not let them block billions in investment, thousands of jobs, economic opportunities for first nations and our ability to be a renewable energy superpower. We saw it when they opposed the Mersey River renewable project, which would allow Nova Scotians to switch off Nova Scotia power to a new provider. Now they are opposing Nova Scotia's ambitions to be a leader in Canada's commercial space industry, which is expected to be worth $40 billion.
With spaceport Nova Scotia, when Nova Scotians look to the stars, they will know that our province contributed to the future of space, built and led right here in Canada.
More than 20% of our current economy relies on satellites. In Nova Scotia, we want to continue to be at the forefront of building our economy and these satellites. These companies are proof that Canadian innovation is alive from coast to coast to coast and ready to compete if we give it the framework. This legislation is their launch pad.
Atlantic Canada's competitive advantages for commercial space launches are enormous. Our northern geography provides direct access to several desirable orbits essential for earth observation, climate monitoring and defence. Long coastlines offer the ability to launch safely over water, and our border with the United States, the world's largest satellite producer, means seamless supply chain integration. As the global launch infrastructure approaches capacity, international companies are seeking stable alternatives. Canada is positioned to be that destination, but only with the legal framework to welcome them.
This legislation is about unleashing Canadians' potential, telling the entrepreneurs across Canada that their government believes in them and is giving them the tools to succeed. Supporting this act means supporting engineers perfecting rocket engines in Sherbrooke, construction workers building launch pads in Nova Scotia, communities that will grow around Canada's spaceport, and every scientist, technician and innovator ready to write the next chapter of our space story. All that remains is for this House to say yes, to ignite the innovation engine, empower Canadian entrepreneurs and ensure that the next rocket to leave Canadian soil carries the full weight of Canadian law, Canadian ambition and Canadian pride.
Canada's innovators and economy are ready for us to finally take to the stars, on our own terms, and I am happy to see that happening.