Mr. Speaker, today we have more evidence that this government has no credible plan to help small business and that the so-called plans they have, such as the Canada small business financing program, are working poorly, if at all.
It is outrageous that Industry Canada had no comment to make on allegations that funds have been diverted from the program. The minister absolutely must fix this program to ensure that it can fulfill its role and truly help small businesses.
Can the minister tell us today how much money Industry Canada has lost in this program by paying down loans for businesses that declared bankruptcy because they did not receive any really effective help?