Mr. Speaker, the minister has just told the House that the $1.2 million in funding was at no time used to pay back the National Bank.
I have here in front of me the articles of agreement between Claude Gauthier and René Giguère and the National Bank, and its subclause 3.2.2 states that “the bridging loan of $1,060,000 will be repaid as the Human Resources Development Canada funding is received, up to the limit of $1,060,000”. It is further indicated that any additional amounts received by Placeteco in connection with the grant could be allocated to its working capital.
How can the Minister of Human Resources Development say what she has just—