Madam Speaker, all throughout the day, the Conservatives have been talking about and speaking against government spending. It has been interesting. I would like to point something out and invite the member's comments.
The Canada Development Investment Corporation, which is the parent company to TMX, admitted in its second quarterly report that TMX is a risky project with no guaranteed economic returns. If we account for items like interest, taxes, depreciation and amortization, it would leave a net loss of $140 million annually. As we know, this project is now costing taxpayers to the tune of $12.7 billion for the construction of the expansion. That means taxpayers will be on the hook.
If the Conservatives are against government spending, could the member tell the House that he is against the TMX project? It was purchased with taxpayers' money and now taxpayers' money is being spent on the expansion.