Mr. Speaker, among the many unfulfilled promises of the government is the promise to clean up government boondoggles.
Today we learned through an Industry Canada report that under Technology Partnerships Canada $2.7 billion of taxpayer money has been loaned out over eight years and only 3% repaid. This report says that the government should finally admit that many of these loans will never be repaid.
Is the government still trying to convince Canadians the loans will be repaid?