Say, for example, I am a company and a client wants to buy my products. I go to the EDC, which will give me a loan for that specific order I have to fill. And I pay for it. That is not what people wanted for the forest industry at the summit in Saguenay—Lac Saint-Jean. What they wanted were loan guarantees like the ones given to the automobile industry.
It was very clear. It was the first point made at the summit in Saguenay— Lac Saint-Jean. The two ministers from Saguenay—Lac Saint-Jean were responsible for accomplishing it, but they failed. They did not do it.
What he was talking about in regard to the EDC are services for which companies pay. They are not real loan guarantees. They are for orders and deliveries that are made. There is a difference.