Mr. Speaker, people in Saskatchewan have lived through this nightmare before: “Trust us; the government can do it better.” This reminds me of the NDP in the 1990s and early 2000s in Saskatchewan, when the government invested money from Crown corporations and taxpayers' dollars in things like Spudco, where it lost $30 million, things like Navigata, where it lost $12 million, and things like mega bingo, where it could not even run a bingo properly and lost $14 million.
The member just mentioned that a lot of different funds in Canada and around the world are similar to this. The big difference, and the part that he left out and that all Liberals will leave out, is that those were all built on surplus budgets. Alberta's, for example, started in 1972, under former premier Peter Lougheed, when he had surpluses. Now that fund is $32 billion, at the start of 2025, built on surpluses.
Why do the Liberals not understand that governments build money when they have it, not borrow money?