Madam Speaker, the minister needs to talk about exactly why he has chosen the bill to give himself so much power. He would be approving permits and re-entries, launches, etc. The list goes on. Indemnification is essentially where the taxpayer offers insurance to private operators for indemnifying their launches. The way the bill is written, the minister could give special treatment to one firm and a different set of rules for another.
How can the minister look at this Parliament in the eye and say that he is trying to attract capital with such an opaque system that would be so arbitrary in how it will be applied? If we want to do well in space, we need to have the rule of law, not the rule of one minister, where he can pick and choose winners and losers.