Mr. Speaker, I have a question about corruption surrounding the Liberal government's now infamous lease with Maritime Launch Services for a so-called space port. We know that the government entered into this lease, notwithstanding that Maritime Launch Services had no history of launching anything into space. Indeed, Maritime Launch Services had a history of not doing much of anything because Maritime Launch Services was a practically bankrupt company, sustaining a loss of $47 million and with revenue of just $15,000 in 2025.
As such, it is no wonder that the share value of Maritime Launch Services was practically worthless, but then the Liberals entered into the so-called space port lease on March 16 of this year, and rather conveniently, the Liberals backdated the lease by one full year to 2025, funnelling $20 million tax dollars to Maritime Launch Services for no work and no value, effectively bailing out Maritime Launch Services.
What was the consequence of that? Surprise, surprise, the share value of Maritime Launch Services soared, and immediately following that, within three weeks, the chair of the board sold three million previously worthless shares, walking away with $1.8 million. He became a millionaire overnight.
Do members know what that is called? It is called “pump and dump”. Do members know what else it is called? It is called “corruption”, which the Liberals allowed to happen because they failed to take the most basic of measures to prevent this kind of insider profiteering, such as, for example, insisting upon a lock-up agreement. Why did they not do that? Why did they allow this to happen? Is it because this type of corruption is business as usual with the Liberals?