I think the first thing I would want to point out about the Canada emergency business account was the speed at which $49 billion of loans went out to businesses—waiting less than a month is very quick—but the rollout of this program did have some questionable elements when it came to contract management by Export Development Canada.
While 91% of loans went to eligible businesses, we did identify that $3.5 billion went to ineligible businesses. Export Development Canada has already started to recover some of those, but I am concerned that they have partially disagreed with or only partially accepted our recommendation about following up on this concern. This lack of following up concerns me.