Mr. Speaker, my question is for the Deputy Prime Minister. He will know that the Business Development Bank of Canada Act came into force on July 13, 1995. It requires the designated minister to review the provisions and operations of the act in consultation with the Minister of Finance within five years. According to the law, that review should have started last July, seven months ago. A report has to be submitted to parliament no later than this July.
Will the Deputy Prime Minister tell the House whether the Minister of Industry has started the review? Will he tell us when the review will be brought to parliament in accordance with the law? If the minister has not started the review, will the Deputy Prime Minister tell us why he has not followed the law and started the review?