I understand your point of view, except that three industries are in trouble: the textile industry, which has nearly expired; the furniture industry, which is still having problems; and the plastics industry, where problems are already in the offing. You can give them all the tax breaks you want, but, if those three industries make no profits, it won't help them anymore. They're not paying any taxes and they're not making any profits. They're trying to get by and to get through this crisis on lines of credit here and there, except that it's always the same thing year after year. These industries were already in trouble when the Canadian dollar was at 90¢ and the price of gas at 86¢. Now that our dollar is worth $1.05 and the price of gas is $1.12, I'm not sure they can make it.
But wouldn't a loan guarantee be a kind of assistance for these businesses so that they could at least survive until the price of gas and the Canadian dollar fall?