Mr. Speaker, it is well known that airlines around the world have encountered difficulties over the last year, problems that have been exacerbated by the aftermath of the events of September 11. The difficulties affecting Air Canada and Canada 3000 have been well documented, as have their requests for assistance.
The government has given them assistance in compensation for the losses sustained on September 11, for indemnity of third party war and terrorism insurance and for considering loan guarantees for Canada 3000. The government has acted where necessary.