Mr. Speaker, this week Canada staked its claim in the global photonics and semiconductor race. Our government announced the spinoff of the Canadian Photonics Fabrication Centre, North America's only end-to-end pure-play compound semiconductor facility, which is built on a legacy stretching from Bell Northern Research and Nortel to the globally competitive companies thriving in Canada today.
Now it has what it needs to reach its full potential, attracting private investment and growing innovative Canadian SMEs and fabrication capacity right here in Canada to meet the soaring global demand in AI, quantum and advanced defence systems. It will remain what it has always been, a proudly sovereign Canadian asset.
I am grateful to the Kanata North Business Association, the National Research Council and every industry champion who helped make this vision possible.
Canada has the talent and the companies. Now it is our place to take the lead.