Mr. Speaker, 20,000 assembly and dealership jobs will be lost at GM alone. Another 18,000 parts jobs will be lost across Canada.
The secured credit facility announced in December is yet to be deployed and industry analysts are now saying the Business Development Bank is not equipped to deploy the facility designed to stimulate car sales and leasing despite the minister's promise to get the facility going by May. That means this week.
What assurances will the Conservatives give Canadians desperate for credit that this facility will finally open for business on Friday, May 1?