Thank you, Madam Chair.
Thank you, Madam Ministers, for being here.
Minister Joly, my question is similar to the one with regard to the Business Development Bank of Canada. I'm glad you raised it, as it is your department's responsibility.
Recently the department offered loans under the government's liquidity programs at prime minus 1.75%, but quietly raised their rates this week to prime only, effective May 1, and took the 1.75% reduction reference off their website.
Are you aware the BDC is raising its rates for small businesses in Canada during the crisis? Did you approve of this decision?