Mr. Speaker, speaking about facts, perhaps the minister could get his facts straight. One good investment out of $1.2 billion worth of regional funds is not good enough in this country.
Since the Minister of Industry will not answer the question, my supplemental is for the Minister of Human Resources Development. There is a world of difference between entrepreneurs taking risks with their own money and taking risks with other people's money, especially when it is the taxpayers who will have to pay the interest on the borrowed funds and the defaulting loans.
What does the minister consider as an acceptable level of risk from his Department of Western Economic Diversification as it continues to flush taxpayers' money down the drain? Where is the rest of the justification on the $1.2 billion?