Mr. Speaker, we learned today that the Canadian Secured Credit Facility, which the finance minister promised in December, January, April, May and then again in June, has yet to offer Canadian car purchasers, lessees and dealers any chance to get the loans they need. It is not working. The money is not out there.
Lending money to GM and Chrysler is only half the equation. Helping car sales and leasing by loosening up credit is the other half: no sales, no industry.
We cannot rely on the minister's promises at all. Will he ever keep his word?