Mr. Speaker, again the official opposition does not understand exactly what ACOA does. Since the Liberals took over in 1993, ACOA only gives out loans and not grants in its core funding. It is not the same.
This is what the official opposition said last time I mentioned this. It said that a grant is like a loan. It is not. If it were then we would have no national debt. We could just say all those loans were grants. Maybe that is why they call themselves the alliance party, the al-li-ance party.