I'll interrupt you there, because I heard the minister quote statistics on the loans. Earlier in the day we were told that the loans are useless to a lot of these companies on the ground. They need relief as soon as possible. The lag time of response worries me.
We had Minister Freeland here in May or June. She confirmed that at the G7 in 2017, I believe, Mr. Trump and Mr. Trudeau had a conversation, at which she was present, and Mr. Trump brought up this whole idea of tariffs. There was nothing in the budget that prepared us for this. The Americans mentioned in March this was going to be happening. They did give us a relief until June. Politically, it seemed there was nothing being done until after June in terms of consultation with industry and things along those lines.
We knew about this for over a year. March was when these were announced. When did you get political direction to come up with some type of relief program that was coming down the pipe? Was it in June—after the fact—that we were just kind of reacting to what was going on, or did you guys get information after the G7 back in June that we knew this could be a potential problem for us?