Mr. Speaker, if I gave that impression in my answer yesterday, then I was wrong.
To be exact about it, on the issue of whether Seagram is a Canadian corporation, heritage has no role to play. That is a determination made by the acting president of Investment Canada. If the transaction is reviewable by Investment Canada, then it does become an acquisition in the cultural sector. With respect to that decision, which is a decision I would make, I would consult in the normal manner with the Minister of Canadian Heritage and officials would consult with each other.
What I was endeavouring to explain was that at this stage we do not have an application under review because we are still at the stage of satisfying ourselves as to whether or not Seagram is a Canadian corporation.