Finance committee  I've been told I don't speak either official language.

Finance committee  The purchaser gets it. You can get the accelerated capital cost allowance or the structured financing facility. You cannot get both.

Finance committee  Government.

Finance committee  It's up to the owner. You can make either/or.

Finance committee  A Canadian owner building in Canada is eligible for the accelerated capital cost allowance. The problem is, you cannot access, then, the structured financing facility. It's either/or.

Finance committee  Excuse me. Could I add something?

Finance committee  One thing that really ticks us off quite badly, though, was what a time to do it. Why give up the 25% import duty when we're in negotiations with the EU on a free trade agreement? We know that shipbuilding is a small industry worldwide. The European shipyards would love to get into Canada to build the government ships.

Finance committee  Thank you, Mr. Chairman. I will start. We are delighted to be here today and to have this opportunity. I am chairman of the Shipbuilding Association of Canada. Peter is the full-time president. The position of the association is also the position my company supports, but I will talk as the chairman of the association.