Thank you, Mr. Speaker. My question is again regarding the events of early to mid October, 1993. After failing to convince the Financial Management Board that this debenture issue should be resolved by helping Iqaluit get out of their financial difficulty, would the Minister not agree that the statement in the chronology of events which states that, "approval for debenture re-financing the town, it would still face financial problems," constitutes turning down the request, as he understood it?
There are other events, for example, information collected even yesterday about a further $2 million. Would he not agree that, at the time, it was turned down and that the position that was presented to the board wasn't adequate to resolve the issue?