Mr. Speaker, the Conservative Party does not believe in welfare for the wealthy. That is exactly what this program is. This is designed to allow a private sector for-profit enterprise to come in and build something to profit, but in the event it all goes wrong, to turn the risk over to taxpayers.
We have no problem if somebody wants to come in and build something great and profit from it; in fact, we encourage it. We cut taxes for people like that. We remove red tape. Those are called entrepreneurs, but what are entrepreneurs known for? They are known for taking risks. This is not entrepreneurship. This is corporate welfare. This is an attempt to take the risk off the balance sheet of the wealthy interests who have control over the Liberal government and put that risk on the shoulders of Canadian taxpayers. We will never stand for that.