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Transport committee  I would say that the jobs associated with the creation of the centre of excellence will be in the thousands. Just for our operation alone we're probably looking at 400 people, and our company has rights to certain portions. We have certain commercial terms that are going to ensur

May 10th, 2012Committee meeting

Garry Venman

Transport committee  It's for manufacturing, assembly, all the in-service support, development of the training system, and all the exportation.

May 10th, 2012Committee meeting

Garry Venman

Transport committee  I'm not really sure of the scope of what you're asking. Are you asking how much it would cost if...?

May 10th, 2012Committee meeting

Garry Venman

Transport committee  Those recommendations aren't going to cost.... Really, what is going to cost is an effort on the part of the departments to get organized for this.

May 10th, 2012Committee meeting

Garry Venman

Transport committee  Yes, the funding stuff—

May 10th, 2012Committee meeting

Garry Venman

Transport committee  No, that's not what I'm saying. I'm saying a lot of the recommendations require the departments to do certain things.

May 10th, 2012Committee meeting

Garry Venman

Transport committee  For the developmental phase we're probably looking at $60 million to $80 million to get the first vehicle approved and certified.

May 10th, 2012Committee meeting

Garry Venman

Transport committee  That would be the cost of the program. If the government could find a way to fund even half of that we would be ecstatic. I don't see it as being overly burdensome, from a financial point of view, to get through the development phase of this technology.

May 10th, 2012Committee meeting

Garry Venman

Transport committee  It's probably $40 million to $50 million.

May 10th, 2012Committee meeting

Garry Venman

Transport committee  Part of our agreement has a lot of upside for Canadian industry, i.e., they are going to transfer manufacturing and final assembly here. The certification will happen here. Ten years from now somebody is going to be doing this. Wherever that centre is established will become the

May 10th, 2012Committee meeting

Garry Venman

Transport committee  We would do it in Canada.

May 10th, 2012Committee meeting

Garry Venman

Transport committee  We have approached Industry Canada and SADI. Our biggest challenge right now, as Didier just said, is that we are the first company globally that's going to introduce one of these things into service. We need to mitigate the risk associated with that. There are large investments

May 10th, 2012Committee meeting

Garry Venman

Transport committee  The reaction to what we're asking for is a little muted because of the current eligibility criteria for programs like this. SADI seems very focused on where all the intellectual property resides. If that doesn't come to Canada, the response is, “Sorry, we're not interested.” The

May 10th, 2012Committee meeting

Garry Venman

Transport committee  No, but in the process of that the manufacturing would be done here. The U.K. company would transfer manufacturing here and there would be a follow-on in terms of research and development into materials for the hull, engine propulsion systems, human factors, and all kinds of thin

May 10th, 2012Committee meeting

Garry Venman

Transport committee  Yes, we have seen research into this. The cost per ton per mile is cheaper than it is for conventional aircraft. It won't compete with rail and road transportation, but that's not the segment of the market we intend to go after.

May 10th, 2012Committee meeting

Garry Venman