Discussion · Government Orders

Alexis Brunelle-Duceppe Bloc Québécois

“Canada's new investment fund is not like Norway's. The Liberals claim the fund is independent, but the Prime Minister will choose which projects get money. I want them to explain how they can say it is truly independent.”
Official Hansard

Mr. Speaker, what we are hearing today is astounding. In response to a question my colleague from Pierre-Boucher—Les Patriotes—Verchères asked earlier, the hon. member opposite had the nerve to say that Canada’s new sovereign wealth fund is similar to Norway’s, when, as my colleague explained so well, the two are nothing alike. There is something else that is a little unusual about the Liberals’ argument regarding this new sovereign wealth fund. They claim that this fund is sovereign and independent. However everyone knows perfectly well that these projects will be funded through the Major Projects Office and that they will be the direct result of the Prime Minister’s decisions. The Liberals themselves have said so. When they say that this fund is independent, how can they justify that in a clear, transparent and honest way?

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