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Public Accounts committee  That's an estimate of the opportunities to Canadian firms as a result of their participation in this process, given the estimated build of 3,100 planes.

May 3rd, 2012Committee meeting

Simon Kennedy

Public Accounts committee  This is the estimated slice of the pie for Canada. The actual cost of building this and the contracts available internationally would be much larger. This is an estimate of the opportunities Canada would be able to capture.

May 3rd, 2012Committee meeting

Simon Kennedy

Public Accounts committee  There are no guarantees.

May 3rd, 2012Committee meeting

Simon Kennedy

Public Accounts committee  I think what I was saying was that it's well understood that access to the industrial participation for Canadian companies is contingent upon participation in the process. So that's what I meant to say. If it was unclear, I do apologize.

May 3rd, 2012Committee meeting

Simon Kennedy

Public Accounts committee  Our interest is primarily in the industrial opportunities for Canadian companies, and it has been well understood by the—

May 3rd, 2012Committee meeting

Simon Kennedy

Public Accounts committee  I think what I would say is that we certainly see, from an Industry Canada perspective, certain advantages to being part of this consortium because of the access to the very advanced technologies and the ability to develop them that it provides, which you wouldn't have with anoth

May 3rd, 2012Committee meeting

Simon Kennedy

Public Accounts committee  I think that's well understood: that the purchase of the aircraft has being part of that consortium as part of the arrangement.

May 3rd, 2012Committee meeting

Simon Kennedy

Public Accounts committee  Mr. Chair, I could say two things to that. The first is if you look at the current contracts for work on production of the JSF, and you assume that the Canadian companies that have won those contracts will continue to be successful and will continue to be part of the supply chai

May 3rd, 2012Committee meeting

Simon Kennedy

Public Accounts committee  Just under $10 billion U.S.

May 3rd, 2012Committee meeting

Simon Kennedy

Public Accounts committee  That is one of the significant differences with this approach. We're not using traditional IRBs, industrial and regional benefits, but we're involved in a consortium to develop the technology, because the Canadian firms are in on the ground floor on the development of that techno

May 3rd, 2012Committee meeting

Simon Kennedy

Public Accounts committee  At the moment, 70 companies have won work on this particular project. I have some information I could share with the committee. They are spread all across the country.

May 3rd, 2012Committee meeting

Simon Kennedy

Public Accounts committee  The estimate right now for the potential opportunities for Canadian firms is $9.85 billion U.S.; that's for the production of the aircraft and does not include sustainment and some of the service. For the actual manufacture, if we have the 3,100 or so planes that are estimated to

May 3rd, 2012Committee meeting

Simon Kennedy

Public Accounts committee  Absolutely. We've been looking very carefully at his recommendations and at ways we can provide a fuller picture of the potential opportunities going forward.

May 1st, 2012Committee meeting

Simon Kennedy

Public Accounts committee  We'll certainly take a look at that. We're well aware of the comments the Auditor General has made in that area. We know that at the very earliest development of this project, ranges were developed. When we actually had a prime contractor selected and we had gone further along,

May 1st, 2012Committee meeting

Simon Kennedy

Public Accounts committee  Thank you for the question. Industry Canada is responsible for working on the industrial—

May 1st, 2012Committee meeting

Simon Kennedy