Mr. Speaker, all I see in this decision is an ideological desire that is in no way rational, but that is still consistent with this government's decisions. Its decisions are not rational, as I have mentioned before. If a government has an opportunity to do something that would bring in even more money in the future, and if it has the opportunity to invest and then recover its investment, it should jump on that opportunity.
Instead, the government is bringing in a measure that will undermine businesses. When a business has over $9 billion in assets, it can be considered a large venture capital company. We are talking about tens—if not hundreds—of thousands of new jobs.
Funds and venture capital companies understand this reality. That is why they offered some alternatives to the government. They are wondering what the problem is, since the government makes money off the money it invests. Is the problem the fact that funds and venture capital companies do not invest enough in Canada? They are prepared to increase their investment limit outside Quebec.
The government will not accept other alternatives suggested by the two funds to ensure that the benefits are more wide-ranging.
All I see here is an ideological and completely irrational measure.