Mr. Speaker, this morning, 3,000 Canadians woke up to very bad news: Bombardier is going to cut 3,000 jobs, with 2,500 of them in Quebec. Our thoughts are with these people.
Members will recall that the Liberal government decided to lend $375 million to Bombardier two years ago. Bombardier has 30 years to repay this loan, but unfortunately it was never required to preserve jobs. Today, 3,000 workers are losing their jobs.
Can the Prime Minister tell us why, when he decided to lend taxpayers' money to Bombardier, he did not attach a guarantee—