Mr. Speaker, the situation with respect to the regional subsidiary of Canadian Airlines is fairly straightforward. The company has proposed selling the airline. This happened only a few days ago. There is, I believe, at least a 16-week period before there would be developments that would involve the government.
At the present time it is simply a private company offering to sell a company which has frequently been sold. It was once known as Quebec Air. It has frequently been purchased by other companies.
It appears to be a normal readjustment within the airline industry where one company might move from ownership of one group to ownership of another. At the present time there is no cause for the government to step in.