Mr. Chair, Build Canada Homes is another agency that the Liberal government just established. That means even more red tape, and we have not seen any real results in terms of new housing.
I want to come back to another subject: the space launch pad in Nova Scotia.
A private company is leasing land from the provincial government for $13,500 per year. That same private company then turned around and sublet the land to the Liberal federal government for $20 million per year.
To make this even more profitable, a 10-year contract will be signed. We are talking about $200 million.
I repeat: A private company is leasing land from the provincial government for $13,500 a year. That same company turned around and sublet the same land to the Liberal federal government for $20 million per year for 10 years, or $200 million.
My question for the minister is simple. Is this sound management of public finances? Would he have signed this agreement if this were his own money?