Aerospace Industry

During question period, the aerospace industry and a government funding commitment to a space company came up. John Brassard of the Conservatives asked about $200 million given to a company he described as near-bankrupt and connected to Liberal insiders, citing three failed rocket launches and payments to an insider, and asked the Prime Minister to acknowledge the money went to Liberal friends. Minister David McGuinty responded that investments in Canada’s space capabilities create jobs, strengthen supply chains and industrial capacity, support security and sovereignty, and contribute to defence equipment work in Nova Scotia.Written by AI from the debate. Updated .

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2 statements

John Brassard, Barrie South—Innisfil

Conservative

Linked statement

“The government gave $200 million to a struggling company run by Liberal insiders for three failed rocket launches. One insider made $1.8 million from this deal. I want the Prime Minister to admit this money was just given to help Liberal friends.”
Official Hansard

Mr. Speaker, $200 million is what Liberals gave a near-bankrupt company of well-connected Liberal insiders and family members for now three failed launches from a concrete slab spaceport. While Canadians pay for the most expensive science fair project in history, the only successful thing taking off is the bank accounts of Liberal insiders such as Sasha Jacob, who turned worthless shares of the company into a $1.8-million personal windfall after Liberals lit the fuse. Will the Prime Minister just admit that this was all about greasing the palms of well-connected Liberal insiders?

David McGuinty, Minister of National Defence

Liberal
“We are spending money on Canada's space program to create jobs and grow the economy. This spending will also protect Canada's borders and help Nova Scotia build defence equipment.”
  • Government answer in Question Period

    Clarity 47 of 100

    Much of this statement used imprecise wording, lacked details on timing or responsibility, or made broad claims without support.

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Official Hansard

Mr. Speaker, our investments in Canada’s space capabilities, the member will know, will translate into new jobs, stronger supply chains, greater industrial capacity and a more resilient Canadian economy. We are taking decisive action to strengthen our security and sovereignty, and to reinforce the resilience and long-term strength of the country. We are strengthening Atlantic Canada’s industrial capacity, growing Nova Scotia’s role in Canada’s defence industry and giving Canada the capability it needs to respond to evolving global security challenges, while supporting long-term economic growth.

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