Mr. Speaker, I listened carefully to the grocery list the parliamentary secretary just read to me. I have two questions for her, because what she said does not at all answer my questions, which were reiterations of a question I have asked in the past, and still did not get an answer. My two questions are very simple.
First of all, she said that $1.1 billion was allocated to directly support research and development for industry. Why did she fail to mention that this budget also eliminated $1.5 billion in tax credits in order to allow the $1.1 billion in question? This means a net loss of $400 million.
Second, once again, how can she justify the fact that this government is distancing itself from pure research and justify this budget's lack of policies in that area? How can she explain the fact that direct subsidies are being given to businesses for applied research? Just how harmful will this be to Canada's research and development sector?