Note 30 discusses credit risk faced by the company. What is the credit risk that CAE faces?

Question:

Note 30 discusses credit risk faced by the company. What is the credit risk that CAE faces? What are the economic consequences to CAE of not managing its credit risk well? What steps does (should) the company take to minimize its credit risk? Is it possible to eliminate the credit risk CAE faces? Explain. How does the company account for the existence credit risk?