Mr. Speaker, another Alberta company, a frac sand company, was forced to lay off nearly its entire staff. The government is approving $20 million in loans to a competing company that mines exclusively in the U.S.: a loan with interest that can be paid back in kind. When the government interferes like this, it is directly picking winners and losers, forcing yet another mass layoff in the energy sector.
Does the Prime Minister realize he is allowing a Canadian company to fail, so one with a large interest in the U.S. can succeed?