Mr. Speaker, my question is for the Minister of Industry.
Air Atlantic creditors vote on Monday to determine whether they will accept the company's restructuring proposal or be forced into bankruptcy. Apparently most of the creditors are in agreement with the restructuring proposal and have declared so. The sole exception is the Government of Canada that has not given its public indication of its position. Rejection of the restructuring proposal means the bankruptcy of the company.
Will the Minister of Industry today please advise the House and through this House the employees and creditors of the position of the Government of Canada to the restructuring proposal.