Mr. Speaker, the member should know that these investments are often made in pre-competitive research and development for emerging sectors of the economy. It takes a while to get these products to market and for the companies to be in a position to repay.
Let me quote from Mr. Bennett's book, which he published a couple of years ago on this subject, called A Call to Account . He said:
My belief is that the deals are now structured in such a way under the new TPC program...the repayment terms are clear.
TPC is now working very well.