Mr. Speaker, my question is for the Minister of Industry.
Three days ago Shearwater Development Corporation ceased operations after blowing $2.6 million in public money. In spite of ACOA largesse and a good income from airport operations Shearwater did not pay its principal contractor, Frontec Corporation, last year and has been hit with a $677,000 judgment.
Does the minister have any idea where all the money went and is the government responsible for the debt to Frontec?