Mr. Speaker, yesterday the industry minister said in the House that a $32 million loan to Buhler Versatile Inc. was a simple transfer of an existing loan. Wrong. The truth is the new loan has a lot more zeros: zero interest rate owing, zero security, zero jobs, zero respect for the Canadian taxpayer.
The political criteria for the loan was that it delayed layoffs in a Liberal riding until after the last federal election. What other criteria if any must a company meet in order to receive a gift like this from Industry Canada?