Mr. Speaker, I am pleased to rise for perhaps the last time on Bill C-9. The bill, as we have pointed out numerous times, is 880 pages long, which is quite excessive even for the government.
Governments in the past have resorted to omnibus bills to bring in measures that are largely unpopular. Measures they cannot get through any other way, they have stuck them in omnibus bills in the past, but this one will probably never be beaten because I have never seen one of this size, 880 pages. The government has thrown in all sorts of measures that it cannot get through.
The best example of that would be the issue of the post office remailers. The government has tried to get the bill through as Bill C-14. It failed. It tried Bill C-44. It failed again.
Now that it sees a weakness in the Liberal official opposition, it has decided to go for broke and throw everything into this vegetable soup essentially and bury the remailer issue in there, which is going to be the beginning of a deregulation process of Canada Post.
To combat this attempt by the government, we have tried to delete a number of the objectionable parts of the bill. As such, the amendments have been grouped into two different groupings.
We have so far dealt with Group No. 1, which is the air travellers security charges, environmental assessment, and EI funding. Now we are now dealing with the Canada Post issue, which I just spoke about, and the fire sale of Atomic Energy of Canada Limited in Group No. 2.
In terms of the Atomic Energy of Canada Limited, AECL, it is the largest crown corporation. This in itself, as I think everyone would agree, would merit a separate bill because this particular crown corporation has had over $22 billion put into building the company. There is a critical mass of expertise.
The government is bent, we believe, on selling and privatizing AECL probably to an American firm, and just at a time when the nuclear industry is starting to become popular again. In some parts of the world there are over 100 reactors being initiated on a global basis. This industry in Canada is well known as a world leader in this area.
As much as I do not condone the expansion of nuclear development because of all the associated problems with it and the timeline to get it up and running, we have Ontario interested in nuclear as well as Saskatchewan and I believe Alberta. Is the timing not perfect for a free enterprise Conservative government to take a company that we have put $22 billion into and basically sell it off at fire sale prices to the private sector? That is just typical of the way the Conservative government operates.
We have spoken at length about the remailers at Canada Post and where the government is headed with Canada Post.
The government announced last year that it was going to do an inventory of government assets. It was going to look at selling some of the assets, particularly looking at the deficit of $56 billion.
This is a perfect opportunity for the Conservatives to start assessing the asset base of the government and selling off buildings, the CBC, and other assets that the government owns.
We are really looking at neo-Reaganites and Thatcherites in reality. The Minister of Immigration claps at that. This is what a minority Conservative government is doing. Imagine what would happen if these guys had a majority government. They would not even have fire sales, they would just give the assets away, maybe even pay their friends to take the assets.
However, we find it very disturbing that in an environment where we had a worldwide recession on our hands, the banks of this country still managed to post a $15.9 billion profit. What does the government do? It rewards them with a reduction in corporate taxes trying to race to the bottom, trying to get down to 15%, so they will be at least 10 points below the United States.
The bank presidents are still at the trough. The president of the Royal Bank is earning $10.4 million a year and what do the Conservatives give to Canadians? They raise the air travellers tax by 50%, making it the highest in the world. This at a time when the Americans are charging a $5 tax. So we are going to be sending our travellers over to American airlines. Is that smart economics? But that is the Conservative government.