Madam Speaker, first of all, certainly the Progressive Conservative Party does not agree with privatizing everything in Canada. There are a number of areas, particularly health care, wherein privatization has no place.
The issue before us is the result of a national energy policy that I do not think anyone any longer supports in this day and age. The fact is that Petro-Canada has basically been privatized at this point. This bill still would not complete that job. We have a company that right now is making some profits, without question, but at the same time its stock is high. Now is the time to move it out. We have to establish a very clear direction on where Canadians want to go. Do we want to be the owners of all of our public resources? I do not think so. Canadians have very much spoken to that themselves at the ballot box in the last number of years in this country.
The other issue is Cameco, which is a more difficult issue. Certainly Petro-Canada is not a difficult issue for the PC Party. There are other issues at stake with Cameco. When we start to supply 30% of the world's uranium production, then we have issues of nuclear proliferation and nuclear safety. We are supplying nuclear ore, uranium ore, to many reactors around the world and that is the more problematic issue.
At the same time, it is our belief that it is time to privatize both companies. This does not finish the job, but it is a step in that direction. I would have thought that the government would have taken this opportunity to complete the job. It has not done that. We would still have two publicly owned or government owned crown corporations. It is a matter of time before the job is finished. I expect that the government will continue to do that.