Mr. Speaker, if the low Canadian dollar is hurting Canadian exports, the hon. member must have been reading her question upside down.
There is a policy of a 33.3% straight line depreciation rate. Canadian built ships can be written off faster than any other asset. There is a 25% tariff on ships that are being imported into Canada. There is support for the shipbuilders from the Export Development Corporation. There is a government procurement policy on Canadian shipping.
The problem the hon. member for Saint John has is that she wants subsidies for the shipbuilding industry. We are not prepared to give them. A Tory government developed a deficit of $42 billion giving handouts like that.