Mr. Speaker, Canada's auto industry is on life support. The auto industry will only succeed when people start buying and leasing cars again. People buy and lease cars when they have jobs and access to credit.
Canadians are looking to the government for confidence in the industry and they are looking for credit. The government announced a loan guarantee facility in December. We are still waiting for it to become a reality. Waiting until May is not good enough.
When will the government show some real leadership on the issue and do its part to restore consumer confidence?