My friend from Saskatoon—Humboldt is in the wrong profession. He belongs at Yuk Yuk's on Friday and Saturday nights. He is a stand-up comic. He said the Reform Party would form the government in the next election. This is the ultimate form of hilarity and comedy. He is a great speaker, but he is in the wrong place. He will have great audiences at Yuk Yuk's.
New Democrats will support the amendment. It goes to the crux of what the legislation is all about. The legislation is about helping small businesses but not any small business. If a well established small business that has been doing well for a number of years wants to expand into a new area, getting support from the financial sector is not a problem.
My friend from Regina—Lumsden—Lake Centre has been a small business operator. He has been liaising with the small business community from coast to coast for many years. He would concur with what I say. For many small businesses accessing capital is not a problem. For others it is a problem, particularly the sector we want to see expand and build. I am referring to new businesses, young businesses that reflect the emerging new economy of the country. They are often a little short of hard assets and have difficulty accessing funding.
The amendment acknowledges that group. It acknowledges people who would otherwise have difficulty accessing financing. I am not referring to small business individuals who can easily access financing. They do not need help. It is the ones who have difficulty accessing funding.
This is where I differ from the parliamentary secretary. Why not make the legislation exclusive and have it available only for small businesses that cannot get funding elsewhere and help them particularly? All of those that would normally get bank loans anyway do not need the help. They could probably get loans at a lower rate.
Why not make the legislation available only for business entrepreneurs, business investors and creative people who simply cannot find financing through traditional agencies? We as a society want to see these folks expand and grow and to see our economy grow. When the economy grows, jobs grow, the economy prospers, the tax flows in and the country gets to be a better place. That is what it is all about. That is what the legislation is all about. That is why the amendment makes a lot of sense to me. The auditor general has reminded us from time to time that was the problem and the amendment acknowledges it
I beg my friends in the Reform Party to change their position on the legislation. To my knowledge the Bloc Quebecois supports it. I think the Conservatives support it. Presumably the government supports it because it is behind the initiative. We in the New Democratic Party support it. We need to send a signal to small businesses and say that we are behind them. We want to particularly help small businesses that cannot access financing from traditional sources.
I ask my Reform friends to get behind parliament and join with us to say that the small business sector is where the action is. The small business sector is where the jobs are being created. We are behind small businesses 100%. We want to support them. We want to encourage them. We want to nurture them. That is why we should all be supporting the legislation with enthusiasm.