Madam Speaker, I listened intently to my colleague and I do not disagree that there is some good stuff in this budget. I know we advocated for a lot of the items that were put in this budget.
However, when we look at the regional economic development, we see that there will be a decrease in funding for regional economic development. How does that help bolster our communities that have been hit hard by the loss of jobs in the forestry sector?
We have FedNor. We see $4 million over three years to Industry Canada's federal economic development initiative in northern Ontario to buy a cyclotron for the production of medical isotopes at the Thunder Bay Regional Research Institute.
We appreciate some of the money in here but we are seeing a decrease in funding. Maybe the member could explain to me why there would be a decrease in funding when it comes to regional economic development.