Industry committee  Thank you very much, Mr. Holland. Yes, TPC has been a very important program for Canada. I'm not referring specifically to TPC, but the concept of government risk sharing and the development of technology in Canada is a critical part of our competitiveness. It dates further back than TPC to previous programs like the defence industry productivity program.

Industry committee  Thank you very much, Mr. Chairman. It's our pleasure to be here this morning. We certainly welcome the opportunity to speak with you and your committee members on what is a very important issue for our industry and, I think, for Canada. I certainly would commend the committee for launching its study of the competitiveness of manufacturing in Canada, because manufacturing is still a very important pillar of Canada's economy.