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View Peter Julian Profile
NDP (BC)
Thank you. I do have another question, so I'll go to that and re-ask my question to the civil servants who are here later on when you're not, Madam Minister.
My third question is around the LEEFF program. This has basically no cap and provides bailout support to Canada's largest corporations. As you know, they can use tax havens. They're not excluded.
The concerns around the LEEFF program include the fact that it includes two years of interest deferral and a substantial possibility, as we've seen with this government, that the loan will actually turn into a gift. We saw this earlier in the year with the $196 million that was forgiven. For reasons of commercial confidentiality, the government has not released the name of the company that received this gift.
What percentage of the LEEFF program for Canada's largest corporations do you intend to see forgiven?
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