Mr. Speaker, Great Britain is maintaining its offer to sell four submarines to the Canadian Navy for $500 million dollars plus the use of our military bases.
The British Minister of Defence has indicated that the offer is still valid, despite the Canadian government's delay in proceeding with the transaction.
My question is for the Minister of Defence. Given the terrible financial situation the federal government is in, can the Minister of Defence tell us whether he has given up on the idea of purchasing four used British submarines for $500 million plus other considerations?