Mr. Speaker, it is interesting that with the previous speaker I asked how much of a contingent liability is recorded on the books and how much the government lost by loan guarantees in the eighties recession. The answer, which was passed down to the member from the lobby, was that there were people in my riding who took advantage of a CMHC approved loan. That is the answer to those two questions.
I presume therefore the member is suggesting that because people in my riding took advantage of a CMHC approved loan I should be in favour of increasing the loan liability from $100 billion to $150 billion. There is more logic. It boggles the mind where some of these shallow arguments are coming from.
When this legislation was brought in one person in opposition spoke to it. Since then it has been all Liberal members speaking to their own bill. The reason is there is no legislative agenda from over there whatsoever. For a country that has overspent in the last two years by $80 billion, for a country $566 billion in debt, for a country where crime is very serious, one would think there would be a legislative agenda. But no, what we have are Liberal MPs talking to the bill and nobody on the other side making speeches to it. I think it is a disgrace.
My question to the member is the same as to the previous speaker. Surely she can get an answer from the lobby on this. How much of a contingent liability is recorded on the books of the government?