Mr. Speaker, the hon. member has of course inflated that number beyond previous questions because he is including amounts that were loaned on a commercial basis by the Business Development Bank of Canada.
I point out to the hon. member that not only was there nobody in attendance but that decision was made by the regional office in Montreal, by a vice-president of the Business Development Bank, on a commercial basis.
Not only that but our private sector lenders were also involved in the same loan, including le Fonds de solidarité, which contributed money on a commercial basis. Charges were taken. Security was given. Everything in that loan was quite normal.