Mr. Speaker, my question for the minister is a simple one. From his speech, I got the feeling that he is not being as bold as international regulations allow with respect to this kind of financial help. For example, with respect to the forestry crisis, the minister insists that loan guarantees are subsidies, and I sense that the same thing will happen with the shipbuilding industry. That worries me.
Despite the fact that his own lawyers handling the forestry file at the WTO have argued that loan guarantees are not subsidies, every day the minister stands up here in the House of Commons and says that loan guarantees violate WTO rules. That worries me, and I would ask him to clarify his position.