Read the following paragraph and determine if the hypothesis is true:

We spoke to ethics counsellor Howard Wilson January 30 about the minister's involvement with this legislation and he answered that the Canada Steamship Line's pension fund is incorporated under the Pension Fund Societies Act under the auspices of the Department of Industry and will not therefore be directly affected by the Pension Benefit Standards Act.

Available choices:
(1). Yes
(2). It's impossible to say
(3). No
Hypothesis: There is no Department of Industry.



(3).