Mr. Speaker, after giving Loblaws $12 million, this Liberal government is in hot water again for showering $50 million on a handful of Canadian venture capital funds.
However, two of the three winning funds that applied to the program said they were not in particularly dire need of Ottawa's money. That is totally backwards. This is a gross injustice to those who really need this money.
Why does the Liberal government not just mind its own business? Why is it giving money to investment funds that do not even need it?