Mr. Speaker, in 1979 a couple of teenagers started a company in the U.S. that today is very close to being the largest capitalized company in the world. They basically did it without any support from the government.
I believe that the market has the ability in the long run to sort out winners from losers. I heard my colleague on the other side of the House give a big spiel about how the government can do a crackup job in this area. Where does the government get this extra wisdom to be able to pick winners and losers? I do not share the member's enthusiasm for that, and the more time I spend down here, the less enthusiasm I get for it.
I wonder if my colleague from Calgary could comment on where the government might have some wisdom in picking winners and losers in the marketplace.