Mr. Speaker, there are a number of interested constituents, and I would suggest to Reform Party
members that some of their constituents might be interested as well in this matter.
The liquidation of Confederation Life is a court supervised process, in case some members did not know that. Responsibility for realizing the value of Confederation Life assets has been passed to a liquidator, Peat Marwick Thorne, under the supervision of the court.
Accordingly, people affected by the failure of Confederation Life should be in contact with the liquidator. The liquidator is responsible for obtaining maximum value for Confederation Life's assets. Again the liquidator does not wish to proceed with fire sale prices which would affect this.
There have been many positive developments since the liquidation began. Many lines of business have been sold and efforts are being made to sell the others.