I do not have any figures because I have not examined this; I was not asked to. However, because a significant number of businesses will not make it through the crisis, it is important to focus on those that can be saved, even if we must decrease the amount of the repayments for two or three years. I obviously have no answer as to the length of the crisis.
However, even if we must lower the repayment of the capital on these loans, it is an option that must be examined. A business that is not able to handle its expenses and the interest will inevitably have to shut down one day.
I do not think that we should torture these businesses indefinitely. Some of them should not have been eligible for the APP in 2008. The APP allowed them to last another two years, but they will inevitably shut down.
However, we must support those for whom it was fair. If they reach only 30%, 40% or 50% of the capital of the debt for the next two or three years, is a profitable option.
If this is not the case, Quebec and Canada will have struggling hog farms, but the slaughter industry and processing sector will inevitably suffer as well, as the gentleman was explaining earlier.
When hog producers stop buying grain, what happens to the grain? When there is no more pork, what happens to our slaughterhouses, to the processing plants?