Analysis · Debate reply · beta

Sandra Cobena

106 words · 6 sentences · 9 clauses

Replying to Alexis Deschênes (Bloc Québécois)
“Mr. Speaker, I would like to draw on my colleague’s expertise in the field of finance. We in the Bloc Québécois are concerned about this sovereign wealth fund. First, public funds are being invested in a framework whose lack of transparency is concerning to us. Has my colleague been able to estimate the total cost of the public funds that will need to be invested in the sovereign wealth fund, particularly to pay the interest on the $25 billion, but also to pay for all the tax credits that could be offered to encourage investment in this fund? Also, what does she think of the notion that public funds will be invested in infrastructure projects, particularly oil-related ones?”
Statement grade
A–
Average 89 / 100
A score under 50 is red. Choose a measurement to see where it lost points and why; choose it again to clear.
Claims 63%Reasoning 37%

This view breaks the statement into its steps and names what each one does.

Mr. Speaker, Claims · 32 wordsthe reality is that we do not have a lot of details on the fund, Partly on pointUnearned certaintyyet we know that it will resort to borrowed money to fund the seed capital at first.1Unearned certainty Reasoning · 34 wordsWe know that this makes no sense, because sovereign wealth funds function under an environment where they draw on real surpluses, where there is fiscal responsibility and where they are independent of political influence. Claims · 35 wordsHere, we would have the power concentrated on the prime minister because he would hand-pick the projects.2 There is no clear mandate on these projects. There is no fiscal transparency or discipline in the government. Reasoning · 5 wordsThe fund will not work.

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