Mr. Speaker, the finance minister keeps saying that the yet to be seen secured credit facility will help auto industry sales.
We are on the edge of too little too late for this facility. Experts say that the BDC is ill-equipped to implement the leasing and loan facility. The government's stonewalling on the credit facility is hurting Canadians who cannot get a loan or a lease for a car, which is killing the auto industry, the very industry that now owes Canadians billions in loans.
The minister has failed to get the job done. Where is the credit facility that he promised for May 1.