Mr. Speaker, on December 8, 2000 Cascade Data Service was incorporated, yet only three months later on March 9, 2001 in a shroud of secrecy Technology Partnerships Canada awarded it an $87 million loan. No announcement was made; no press release was issued.
On February 22 the official opposition requested information about this project from the Minister of Industry. The government did not have any information but promised an answer within the week. After more than three months we are still waiting.
I ask the Minister of Industry again, what is Cascade Data Service and on what basis was the company awarded an $87 million loan after only three months in existence?