Madam Speaker, Canada led the way with this idea that we could borrow our way to calling something wealth. The idea of a sovereign wealth fund is a good one, if we are a country that is in a position to create wealth and has executed on the idea of creating wealth. Instead, we decided to keep our oil and gas in the ground as much as possible over the last decade.
The idea of investing in projects in Canada is a good one. Financing it entirely based on debt and calling that progress is just another example of how the government seems to refuse to accept that things have not been going well for Canadians and that its policies are to blame.
We can and must do better.