Mr. Speaker, the Liberals are sending a quarter of a billion dollars to China for the Asian infrastructure bank. Canadian taxpayers will be liable for $1.3 billion if these projects default.
The Liberals claim the bank is a good way to finance development projects in the poorest countries. However, Canada already funds these types of projects through Global Affairs Canada.
Why are the Liberals duplicating a process that already exists and sending taxpayer dollars to China instead of building infrastructure and creating jobs right here in Canada?