Mr. Speaker, I absolutely agree with my colleague. The Liberals spend for spending's sake. It is like fun coupons. That was the point I was trying to make in the earlier part of my speech. The Liberals have not defined what they are managing in spending taxpayer dollars. It is all about spending for spending's sake.
In the budget this year, we saw an increase in the deficit year over year for the fiscal year 2016-17, but we saw a decrease in the GDP projections from fiscal year 2016-17. In that component, the Liberals have spent more to get less.
With respect to how the economic development agencies could be utilized, if we are to invest in these agencies, we should have political oversight from people who have expertise and understanding of the economies of those regions of the country and marry that into an overall economic growth strategy that operates within the context of a balanced budget. That has not happened.
That is part of the problem with Bill C-24. It is like let us getting rid of political oversight on something and hope that everything turns out all right. That is not management. I do not know what to characterize that as, a #fail, some great socks, I am not sure. I just know that the public servants who work in these departments and the stakeholders that depend on them would not want us to support this.
There is a lot of consternation about the fact that the bill has been tabled without any sort of operating plan being put forward. If the plan is to let public servants completely manage the oversight of grants and contributions related to regional economic development agencies, that is a bad plan.