Mr. Speaker, off-hand I do not recall mentioning a $250,000 ceiling. What I might have said is that I wanted, should there be any losses—which is perfectly normal since capital provided through the Small Business Loans Act is venture capital—that we look at the possible social and public interest benefits of the defaulted loans instead of coldly referring to them as losses.
In the end did the community benefit? Let just say that one year the losses amount to $55 million in loans of $10,000, $15,000, $20,000 or $30,000, at the end of the day have they not created activities bringing the unemployment rate down, generating so many millions of dollars in direct and indirect taxes, and giving rise to more economic activities all around, thus improving the situation in a given community?
This is what I mean by an approach that goes beyond numbers and is more global, more socioeconomic. This is what I meant.