Mr. Speaker, my question is also regarding white elephants which do nothing in comparison to live elephants that are able to walk.
The Hibernia project is at least a year behind schedule and at least $1 billion over budget. Canadian taxpayers are directly at risk both through government commitments and through Petro-Canada. The Minister of Natural Resources has already said that Canadians are on the hook for another $85 million.
In light of the fact that government has been able to back out of the Pearson airport deal and from the EH-101 contract, can the Deputy Prime Minister guarantee that the federal government will not spend another cent of taxpayer money on this boondoggle?