Thank you, Mr. Chair.
We're obviously not supporting this bill.
I have to take slight exception to the words Mr. McKay used: “larding up”. The government has an estimate based on the wording that actually exists in the bill in front of us. How many clauses are there? There are about two or three. From the actual private member's bill, it was clear to us, regardless of whether you think it's one or the other, that the likelihood that it applies only to these two companies in Quebec is not accurate. It will be bigger than what they're estimating.
Based on other insurance programs that exist through the provincial system, it may not get to the $10 billion or $11 billion, but based on the wording that is there, including the refundability piece, we need to be very cautious about supporting this bill. I will not be supporting it and I encourage my colleagues, because of the wording in this bill, not to support it either.
Thank you, Mr. Chair.