Madam Speaker, the challenge is that the government likes to pick winners and losers across a whole host of things. The problem with that is that governments do very few things well, the current government even less than normal governments. When governments are trying to pick winners and losers in industry, they almost always pick the wrong things.
We could look at what happened with the battery plants. Stellantis just sold its interest in the battery plant for $100. It is not actually producing car batteries anymore, for which the Liberals gave them all the money. It is now producing home batteries. Because it did not know which technology was going to lead in the EV sector, the government put all its eggs in one basket, and it made the wrong choice.
Governments should not pick winners and losers; they should create environments in which all companies want to invest and risk capital, and let the best company win with the best idea.
