Mr. Speaker, it is extremely unfortunate.
We know that these funds are key to stimulating economies throughout Quebec, including in the regions.
The Conservatives do not seem to appreciate this model, because it is democratic, encourages savings and fosters regional development. We know that the Conservatives have abandoned the regions.
This measure is totally counterproductive. It will not stimulate the local economy or Canadian businesses. I am vehemently opposed to this measure.