Mr. Speaker, the hon. member is factually incorrect. I was a director of the Canada Development Corporation. Connaught Laboratories was a subsidiary of a subsidiary of the Canada Development Corporation. Each of the companies had their own independent boards of directors.
As I have already stated, I have no recollection of any discussions at the CDC board level on this matter. As a matter of fact this has been discussed by my office with a number of other directors and they have no recollection of the matter being discussed.