Mr. Speaker, one of the aspects of this bill has to do with extending the borrowing authority of the CBC to what I believe is $220 million from a nominal amount. I thought it was something like $2 million.
In any event, this appears to be simply a facility for the CBC to be able to discount a future revenue stream from rental payments on buildings that it owns but does not use. In effect, I believe it represents that the CBC is mortgaging its future even further as a consequence of not being able to get the support from the government for its operations during this difficult time.
I would like to ask the member whether he shares my concern that we are hurdling toward the privatization of the CBC at fire sale prices?