That is right, Mr. Speaker, but the banks are in the business of banking and it is not taxpayers' money which they are responsible for. This government is responsible for the taxpayer.
Let me say it again: $12 million was lost. It went into thin air on 51 companies that went belly up. Those grants were supposed to create more than 2,800 long term jobs. Do you know what the answer is, Mr. Speaker? They created exactly zero sustainable, permanent jobs.
For what reason, other than vote buying, could this government waste so many millions of dollars?