Mr. Speaker, Canada stands at a crossroads in the global space economy. This is no longer just about exploration or scientific curiosity. It is about sovereignty. It is about national security. It is about economic opportunity in a rapidly growing sector where other countries are moving decisively to protect their own interests. Canadians expect leadership in moments like this, leadership that is transparent, accountable and grounded in the national interest. Instead, what we have before us is Bill C-28, and it raises serious concerns about who will control Canada's future in space and who will make those decisions.
Canada has a proud and remarkable history in space. Under the leadership of John Diefenbaker, our country launched Alouette I, becoming the third nation in the world to design and build a satellite. We developed world-class technology such as Canadarm, and we inspired generations through astronauts like Chris Hadfield, Roberta Bondar and Jeremy Hansen. That legacy was built on trust and accountability, and it was built for all Canadians, not for the insiders behind closed doors.
Bill C-28 would move us in the wrong direction. It would give sweeping powers to the ministers, who could decide who can launch, what can be launched and under what conditions. It would do so with vague definitions, limited oversight and broad discretion. In fact, it does not even clearly define what constitutes a launch. Instead of clarity, we get ambiguity. Instead of accountability, we get the concentration of power. When power is concentrated, transparency becomes essential.
I want to share something from my own life. When I was a kid growing up on the farm, we had an old coach house, a small barn, that we had to move. I remember one day working with my father and his good friend. We jacked up that building and took off the siding. We had to replate it so we could slide some telephone poles underneath to make some skids. We had those telephone poles there and put another one across the front, chained it up and pulled the building with a tractor, moving it across our farm and setting it down in its new location. What I remember is that when I looked back at where the barn had originally stood, there was nothing more than a simple concrete pad.
When I look at what is being described today as a spaceport in Nova Scotia, a gravel road, two sea cans and a small concrete pad, I cannot help but think of that farmyard. What Canadians are being told is a launch facility looks, by all accounts, strikingly similar to what was left behind when we moved that barn, yet we are talking about a reported $200-million lease over 10 years, a lease that was backdated, an agreement that describes the site as being capable of supporting orbital launches.
Canadians are asking a very simple question: What launch site are we talking about? According to detailed reporting and first-hand accounts, all that exists is a gravel road, a couple of containers and a concrete slab. Nonetheless, this same project is being presented to investors as capable of supporting more than 150 launches per year. That is not just a gap between promise and reality. That is a credibility gap.
Let us look deeper. The company involved has reported losses exceeding $47 million and revenue of just $15,000. The executive compensation for that company is approaching $1 million. What makes it worse is that the land it is on is Crown land, leased for roughly $13,500 annually, yet it is being presented as a multi-million-dollar asset, $14.8 million being the book value, I believe, if my memory serves me correctly. On any farm, in any small business and in any household across the country, those numbers do not pass the smell test, yet somehow in the House they do. Why is that?
The concerns go much further beyond the numbers. The residents in the area, more than a thousand people within a few kilometres, have raised serious concerns about safety, environmental impact and the economic consequences to fisheries and to local livelihoods. They have spent years filing access to information requests, reviewing thousands of pages of documents and trying to be heard.
What did they find? They found an environmental assessment process that many believe is inadequate and repeated requests for federal impact assessments rejected. They found that, even after years, key requirements for the project had still not been completed, and the regulatory framework for launches was not even in place, yet approvals and funding continued anyway.
Let us think about that. We would be committing hundreds of millions of dollars to a project in a sector where the regulatory framework does not even exist. That is not leadership or competence, and Canadians have the right to question it.
When we look at the broader picture, a troubling pattern emerges: a company with questionable financials, a project approved through a process many consider deeply flawed, lobbying and political connections appearing at multiple levels, and a massive federal commitment to taxpayer dollars despite all of these red flags. Canadians look at this and ask whether this is about the space sector or something else.
Bill C-28 would take this kind of situation and make it easier, not harder, for this to happen. It would give even more powers to ministers to make decisions behind closed doors, reduce transparency, limit oversight and increase the risk that decisions are driven not by merit, but by access.
Space is strategic. It affects our Arctic sovereignty, national defence and communications, yet this bill would not provide strong safeguards against foreign interference or influence or ensure robust national security screening.
At the same time, Canada has a real opportunity in this sector. We have the talent, expertise and geography, but success requires clear rules, transparent decisions and investor confidence. Bill C-28 would risk undermining all of those.
Conservatives support a strong Canadian space sector, innovation, investment and defending Canada's sovereignty. We cannot support giving the government a blank cheque, legislation that concentrates power without accountability or a system that appears to reward insiders while asking taxpayers to carry all the risk.
Canadians believe in ambition and building, but they also believe in common sense. When we see $200 million tied to what looks like a concrete pad at the end of a gravel road, we know something is wrong.
From Alouette 1 to today, Canada's space legacy has been built on trust. Let us not replace that with secrecy, insider arrangements and unchecked power. Let us build a space future that is transparent, accountable and truly in the national interest.
Conservatives will stand for a strong Canada in space, a transparent government here on earth and a future that belongs to all Canadians.