Canada’s industry minister dismissed on Saturday as “nonsense” Elon Musk’s suggestion that his satellite company, Starlink, could provide Canadians with internet access at a fraction of the federal government’s newest plan.

On Friday, the Liberal government announced a $2.14-billion loan to Telesat, a Canadian communications company based in Ottawa. The money is aimed at helping Telesat’s low Earth orbit satellite boost reception, particularly for Canadians in remote parts of the country.