Mr. Speaker, the Liberals say in their budget that there is roughly $2 trillion worldwide in private sector investment looking for infrastructure projects. If that is true, then why do they need $35 billion more from taxpayers? Division 18 of the budget tells us that it is for loan guarantees. That means the billionaires get all the profits off user fees while taxpayers get all the losses off revenue shortfalls and cost overruns.
Why do the billionaires get all the profits while taxpayers take all the losses?