Mr. Speaker, the only reason that this Canadian government agency should be lending that kind of money is to keep work and jobs in Canada.
Last week General Motors announced the lay-off of 871 workers in London because no new locomotive work was coming in. At the same time, workers in Mexico are doing more than half the work on this Pacific project.
How can the federal government lend billions of dollars to create jobs in foreign countries while hard-working Canadians are losing their jobs at the same time?