Mr. Speaker, why have the Liberals not acted on anything? Quite frankly, from what I have seen over the last few years, the government has been pretty much lazy. The Liberals have had a significant majority in the House for the last four years, and what we have now seen is a rush to get routine legislation through this chamber through omnibus bills and larger pieces of legislation, which was not even necessary when they had support and working groups from all parties on different things. It is unfortunate, because it is a missed opportunity in many respects.
As far as the subsidies are concerned, this is a good example of the lack of political will necessary to redirect those funds to better and greener opportunities. What is even worse than buying the pipeline and the continued subsidies is the fact that we are in massive deficits right now. The Liberals have done this. We are borrowing money and paying interest on that.
This was one of the concerns and criticisms I had of the previous Conservative government when it brought in the HST, which should not be forgotten, because that was actually an issue with gas pricing before. The fact of the matter is that until we pay that off, the borrowed money incurs interest.
I had the Library of Parliament, which is independent of Parliament, do an economic analysis of the situation, and it is billions and billions of dollars more of borrowed money. Therefore, the real cost of the pipeline is more significant than the purchase price. It is as if we borrowed the money on a credit card, and the credit card has significant rates.