If the government decided to provide a loan guarantee to the forest industry, it seems to me the government would simply tell the bank it was guaranteeing the loan and there would be no fees to pay. The industry and the bank are not required to pay fees to the government. As I see it, a loan guarantee is a simple enough matter to provide, but it has to be arranged in accordance with the standards that apply to all commercial loan guarantees. I don't understand; it seems to me it's a fairly simple process. You provide a loan guarantee to the industry. In that case, Mr. Stephenson, could a loan guarantee under which no fees are payable by anyone be perceived as an anti-trade measure?
On September 10th, 2010. See this statement in context.