Mr. Speaker, I would like to refer the hon. secretary to the fresh start book. He will see that precisely what we are going to do is eliminate grants and subsidies and do away with regional granting agencies.
Let me give the spokesperson for the Prime Minister some facts. Once Canadians have paid the interest on the so-called loan to Bombardier, the cost will be about $150 million, not $87 million. It is estimated that 1,000 jobs will be created on this, $150,000 per job. If the money had been left to the taxpayer, some 5,000 jobs could have been created.
How does the spokesperson for the Prime Minister explain that to the jobless people of Canada?