Mr. Speaker, I appreciate the question because it gives me an opportunity to make clear that first of all Industry Canada is really an insurer of certain of the debt which is involved in this transaction. The creditors themselves have a vote. Industry Canada will not be voting with respect to it.
I have directed my officials to retain a neutral position on the proposal because I believe that it should be examined by the creditors with a view to its commercial viability. That is the test they should apply in their own best interests. If that test passes then we will be happy to see the airline continue on the basis of the proposal.