Mr. Speaker, on behalf of the minister responsible for CDIC, let me indicate to the member that the government shares his concern.
However, the obligation that CDIC had to sell 51 per cent of its interest in Ginn was one which had been made previously. Although a number of discussions have been held with potential Canadian purchasers, none of those discussions developed into a substantial indication of interest to the extent that an offer was made that was acceptable to CDIC.
In the circumstances, the decision was taken to realize on CDIC's investment in Ginn in accordance with the previously made commitment by the previous government.