Mr. Speaker, I obviously do not accept the allegations of the hon. member, but EDC's strategic alliance with London Guarantee is consistent with our NAFTA procurement obligations. EDC is not listed in chapter 10, the procurement chapter of NAFTA. Furthermore, insurance services are not covered by Canada in chapter 10 of NAFTA. Nothing in this alliance stops Canadian firms from insuring their sales with competing firms.
In the House of Commons on May 10th, 2000. See this statement in context.