Thank you, sir.
The Business Development Bank wants to be able to create, as it has done for venture capital, pools of capital to help the co-ops, but because of its mandate it currently cannot do so. A Senate committee has actually recommended that, so I don't know why the mandate hasn't been reviewed. That's one example.
There are a number of regional economic development organizations. FedNor reports through the Department of Industry. There are others that don't but that are affiliated and work with them. Again, each of these could have a greater role in helping solve the biggest problem identified by the committee after hearing 50 witnesses, which is the capitalization of co-ops. With regard to StatsCan, there's a necessity there for information. The dismantling of the secretariat at Agriculture and the transferring of only two people out of the 90 who were there means there remains a need for stats, and those too flow from Industry Canada.
There are also a variety of programs in Industry Canada that could be looked at through the prism of co-ops. There are a few other files of significance that don't necessarily deal with industry but that don't deal with the finance department where the credit unions remain. Therefore, someone has to look at those and I would hope that would be the subcommittee.
Having mentioned these, Mr. Chairman, I also want to say regarding the schedule of meetings that I'm quite flexible on that. Of course, the government has a majority and can impose on that, but the meetings don't need to be twice a week. I've been whip on the government side and I understand that members of the government have to sit on two, sometimes three, committees, and the creation of a subcommittee frightens the whip's office and frightens many members. We can be very accommodating and perhaps we can even put a time limit on it. We can try it for a year and see what happens.
I'm just saying this now because, unfortunately, I've learned that quite often these kinds of initiatives get dealt with at in camera meetings and nothing ever comes out, because the only things one can report from in camera meetings are positively adopted resolutions. So if a motion is defeated in camera, it can't be reported.
I think people in the co-op community—there are 9,000 of them across the country and 150,000 employees—deserve to know whether or not there's enough will to create a subcommittee to try to address some of the very significant issues that are part and parcel of the economic well-being of Canadians.
I've said that, and we'll see what happens later on.
Do I have a couple minutes?