Mr. Chair, the aerospace industry is a strategic sector that plays a fundamental role in the Quebec economy. It's a pillar of economic nationalism that makes us shine internationally.
In Quebec, the aerospace industry represents more than 200 businesses, 42,100 jobs and sales totalling more than $15 billion. In addition, 80% of our production is exported. It should also be noted that 70% of Canadian research and development in the field is carried out in the greater Montreal area.
This pride is followed by great concern. Planes are on the ground, and orders have been cancelled. The aerospace industry has been hit hard by the Canadian stock market since the start of the year. Revenues are falling, and workers are being laid off. Furthermore, last month, the Institut du Québec denounced Ottawa's absolute neglect of this industry. We will quickly need a major, sustainable policy to revive this extremely important sector.