Mr. Speaker, the government has finally announced the creation of the technological fund promised over two years ago. It is about time. The government announced in the budget that $150 million will be available in 1996-97 to fund projects approved in the technology partnerships Canada program. There are some things the Minister of Industry did not say.
Will the minister acknowledge that the amount actually available to fund new projects in 1996-97 is $85 million and not $150 million, since $65 million have already been committed to another program, the DIPP, focusing on defence industry?