Mr. Speaker, my question is for the finance minister.
The federal government and the provincial government of Quebec have paid $46.4 million in government grants to Hyundai motor company to assemble cars in Bromont, Quebec. I understand the finance minister plans to spend another $32 million on this project in the name of job creation.
When is the finance minister and his government going to learn that regional development programs do not work, that injecting cash into the private sector distorts the marketplace and that these dollars ultimately dig our debt hole deeper? When will the finance minister learn something and stop wasting taxpayers' dollars on direct grants and subsidies to businesses?