You're referring to the non-bank-sponsored asset-backed commercial paper, for which the market froze in August 2007. A restructuring plan was devised for it by the private participants, and the deal finally closed in January of this year. The role of the federal government, in cooperation with the provinces of Quebec, Alberta, and Ontario, was not to purchase any of the restructured notes, but to participate in what's called a margin funding facility.
I don't know how long the committee wants to spend on this.