Public Safety committee  Thanks, Sam. Thanks, everybody, for receiving us today. As you saw in the presentation, because of the ultra-low latency, all Canadian financial transactions will go through this link. This is an opportunity for us to offer Canadians a security solution that is not just softwa

Public Safety committee  The basic answer is very interesting. It's about that table of latency. No bank in the world could afford not to have a centre, at that point. If you're trading currency, you always need the data from the market in London, the market in Tokyo and the market in New York. We'll be

Public Safety committee  In the U.S., the NSA is looking at all your transactions.

Public Safety committee  I think the first step is to assert sovereignty. If you pass the line you'll be the first to occupy the territory there. If you wait for another company or another country to do it, you'll lose sovereignty. That's the idea, to monitor [Inaudible—Editor]. I think it's very difficu

Public Safety committee  The time frame is two years from now.

Public Safety committee  They have to do the design to see, to have what they call a spur point to be able to connect in Hudson Strait to go down to the thing. The idea is that you have to start the design, the process. They're now working on the connection between Alaska and Japan. They did some surveyi

Public Safety committee  I think it's a process of compliance within the supply of the element. The main point we're making is that if you don't have the line, you will be dependent on the U.S. The situation could not be worse. Of course, you have to make sure that your provider respects all the Canadian

Public Safety committee  One adviser company that we have in our team is IBM, which is very well known for doing that process, and they already have some standards, yes.

Public Safety committee  We are talking to Hydro-Québec about using its dark fibre network, but that network is still just serving the south. It would help optimize the Eeyou Communications Network, the ECN, and enhance security for the south, but it is not a solution for the north. We think the committ

Public Safety committee  I can answer that indirectly. Ideally, we'd be like Sweden, where the dark fibre network was installed by the government. All the providers use it and light up the same fibre. If there's a breakdown, one provider would be affected but not the others. Our problem right now is tha

Public Safety committee  The people at Alibaba want to open data centres in Canada. They want to have data centres that meet Canadian standards. In fact, all transactions between Asia and Canada could flow through a northern fibre. This makes it interesting because it reduces the latency. Alibaba has ope

Public Safety committee  We have signed agreements, but not with respect to data centres. We import security equipment for mines, sweaters and things like that.

Public Safety committee  No.

Public Safety committee  We are in discussions for a prefeasibility study, which would provide more solid statistics on the economic benefits. We believe that the banking data processing centres that would be established in northern Quebec would generate significant economic benefits for Quebec.

Public Safety committee  This is very interesting and something that I did not mention in our presentation, which deals more with First Nations. However, it would be important to add the Canadian military bases to this link. That is something that could be considered. Mr. Scheer wants to ensure Canada's