We'll now go to Mrs. Stubbs.
Mr. Chair, Canada's oil and gas sector is in crisis, made worse by five years of bad policies, red tape and barriers to pipelines. Just in the last two months, we saw the largest production cut in Canadian history. Active rigs dropped by 92% and tens of thousands of oil and gas workers lost their jobs, adding to the 200,000 since 2015. Energy is Canada's biggest investor, and exporting could lead the recovery if there are actions, not just words. On March 25, the finance minister promised help in hours or days, not weeks, but he's letting Canadians down. Sixty-three days later, small oil and gas companies still can't apply for BDC loans, and last week's large employer loan terms are predatory, with interest rates escalating to 14% by year five. Those are payday loan rates. The required stock options being at record lows could make the government the largest shareholder. That's not emergency assistance; it's pandemic profiteering. Programs can't help workers if businesses can't or won't actually get the support. The Liberals' death-by-delay tactics are doing exactly what foreign activists in other countries want: to shut down Canada's oil.
Ms.Bessette, the floor is yours.
Mr.Chair, in times of crisis, we stick together. I can state that this is certainly the case in BromeMissisquoi. In the last weeks, I have been calling volunteer action centres in my constituency so that they can tell me their news. I would like to take the time that I have to highlight the work that community organizations are doing tirelessly in my constituency. The crisis has made us realize the extent to which food banks and meals-on-wheels can not only relieve hunger, but also relieve thousands of shut-in seniors of their loneliness. Let me also highlight the devotion of the volunteers giving generously of their time, particularly the initiative of Mabel Hastings in the volunteer aid centre in Mansonville. Like me, she sends out a daily newsletter to keep the public informed about the many resources available for their support. COVID-19 is bringing out the best in our community and I am certain that, together, we will get through it.