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House Hansard - 181

44th Parl. 1st Sess.
April 20, 2023 10:00AM
Context: House Hansard - 181 - Apr/20/23
Mrs. Rechie Valdez (Mississauga—Streetsville, Lib.)
  • Apr/20/23 11:30:44 a.m.
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Mr. Speaker, my hon. colleague asked our government to do more. Located in both my riding of Mississauga—Streetsville and the riding of Milton, Cyclone Manufacturing is a Canadian company that competes in the aerospace sector. Our government launched the aerospace regional recovery initiative to help companies such as Cyclone compete on the global stage and adopt clean technologies. FedDev provided Cyclone a repayable investment to develop and manufacture new complex, green aerospace parts, which will result in Cyclone commercializing up to 1,500 new greener parts. Could my hon. colleague give his thoughts on the importance of the green innovative solutions needed for the future of the aerospace industry?
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Context: House Hansard - 181 - Apr/20/23
Mr. Sébastien Lemire (Abitibi—Témiscamingue, BQ)
  • Apr/20/23 1:02:52 p.m.
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Madam Speaker, I thank my colleague and fellow vice-chair of the Standing Committee on Industry and Technology for his powerful speech today. I would like to know whether he would agree, as per recommendation 2, that the government put in place significant financial incentives for basic research, to develop a greener aircraft and expertise in the energy transition of this industry through green technologies. I would add to that the importance of having predictable funding. Predictability is absolutely essential for this industry. There needs to be a national aerospace policy that will allow us to ensure sustainable funding for the next 15 or 20 years, because that is how many years of R and D it takes to build an aircraft.
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