Mr. Speaker, I thank the hon. member for his speech.
I was interested in what he had to say about public-private partnerships. That always makes me wonder the same thing. Recently, this government granted a loan guarantee to Newfoundland and Labrador for a hydroelectric project. The province requested that loan guarantee because it is very much aware of the Canadian government's borrowing ability on the market.
So, I will ask him once more: how will a PPP be of more benefit to the taxpayers than projects financed out of public funds, since there is the ability to borrow at a lower cost?