Mr. Speaker, I think that is an excellent question. My friend had collateral. Did that matter? No. He got the small business loans backing anyway because the banks wanted him to take it. In effect, they were double guaranteeing a loan and Canadian taxpayers were therefore subsidizing him. That does not make any sense.
Why do my friends in the Liberal Party not address this glaring problem with this piece of legislation? Not one of them has stood to say that it is wrong and needs to be addressed.
I have a rhetorical question for my friends across the way. Why do they not address this? Everybody knows it is wrong. Why do they not do something about it?