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Finance committee  Minister MacKay and the employees within the Department of National Defence have all advanced that figure as a target that was absolutely reasonable and reachable.

October 6th, 2010Committee meeting

Claude Lajeunesse

Finance committee  No. This is not a traditional IRB program. There is no guarantee of that. The only guarantee is the past, as I mentioned. The past is the guarantee of the future, and our company has exported 80% of its wares. It will continue to do that and it will be successful. It is the most

October 6th, 2010Committee meeting

Claude Lajeunesse

Finance committee  It is $12 billion out of about $300 billion.

October 6th, 2010Committee meeting

Claude Lajeunesse

Finance committee  They will be competing against others like everyone else. I cannot tell you how it will be distributed. At the moment, I know that we say that about half the industry is in Quebec, but there are also competitors in British Columbia, in the Atlantic provinces, in Ontario and so on

October 6th, 2010Committee meeting

Claude Lajeunesse

Finance committee  The three projects have already been submitted to the government. One is on new, composite materials. It is absolutely essential to develop new materials so that aircraft can be made lighter and stronger, and can provide more safety for the passengers. Another project deals with

October 6th, 2010Committee meeting

Claude Lajeunesse

Finance committee  Mr. Chair, that is an excellent question. I should have mentioned that the sum is what we are asking the government for. The companies are investing at least the same amount. For example, with the Green Aviation Research and Development Network, the companies are putting in $12 m

October 6th, 2010Committee meeting

Claude Lajeunesse

Finance committee  The $12 billion represents contracts that could be done here in Canada. We must remember the advantage of the program: Canadians, Canadian companies and their employees and so on will have access to the entire fleet, which is supposed to be 5,000 aircraft. That means that they wi

October 6th, 2010Committee meeting

Claude Lajeunesse

Finance committee  We do not have the same colour of hair.

October 6th, 2010Committee meeting

Claude Lajeunesse

Finance committee  Mr. Chair, in terms of the F-35 aircraft, I would like to say that I see no reason why history will not repeat itself. The Canadian aerospace industry is the fifth largest in the world. It exports 80% of its annual production. For me, that guarantees both ability and innovation.

October 6th, 2010Committee meeting

Claude Lajeunesse

Finance committee  Thank you, Mr. Chair. Our association played no role in the government decision. We…

October 6th, 2010Committee meeting

Claude Lajeunesse

Finance committee  Mr. Chair, those are political considerations that I do not want to get into. As far as we are concerned, the decision was made and announced. We know that, in the next two years, the supply chain for the F-35 will be developed and put into place. Our objective is to make sure th

October 6th, 2010Committee meeting

Claude Lajeunesse

Finance committee  Mr. Chair, that is an excellent question. I really have to explain our position on the matter clearly. First, as I mentioned earlier, our companies are ready, willing and able to be competitive and they all tell us that they will be successful at it. But there is also the obliga

October 6th, 2010Committee meeting

Claude Lajeunesse

Finance committee  Minister MacKay indicated that it was possible to go after contracts worth $12 billion dollars. We have also spoken to Lockheed Martin. We have had discussions with officials from the Department of National Defence. The figure seems to be recognized by them all.

October 6th, 2010Committee meeting

Claude Lajeunesse

Finance committee  They indicated that it was the objective. As I mentioned, we want to make a kind of thermometer with $12 billion at the top so that we can track our progress towards the objective, as a result of the innovation of our companies. Let's not forget that our companies will be able to

October 6th, 2010Committee meeting

Claude Lajeunesse

Finance committee  That's accurate.

October 6th, 2010Committee meeting

Claude Lajeunesse