Mr. Speaker, my question is for the Minister of Industry.
In 1994 the government made a deal with Shearwater Development Corporation, a Nova Scotia company owned by a prominent Liberal, Charles Keating, to develop a private industry at the Shearwater naval base. The company is now pulling out and stiffing a creditor for $500,000.
How many millions of dollars did ACOA contribute to this boondoggle and where did the money go? Will the minister immediately launch an investigation into this sweetheart deal?