Mr. Speaker, I thank my colleague for his speech.
I would like to continue on his theme about oversight and the elimination of oversight. I have looked at the document we are studying today. In the Liberal government platform, the Liberals said they were going to have greater oversight of taxpayer dollars. In fact, they said they were going to change parliamentary financial processes so that the government could be held to better account by Parliament and the public.
However, in this piece of legislation we are studying, proposed subsection 42.3(1) gives the minister power to decide terms and conditions and to whom and how they would lend any amount of money from the consolidated revenue fund, without any oversight by cabinet, any oversight by the House, and any oversight by the public.
Ironically, the promise is on the same page as the one to end the use of omnibus bills, so maybe it is worth about the same amount. Could the member comment on that?