Mr. Speaker, we agree on most of the points the minister just outlined. The benefits, for example, are absolutely undeniable. The seafood market in the European Union is worth $25 billion a year, and we want a piece of that. It is also undeniable that the fishing industry, the Fish, Food and Allied Workers Union, and the Progressive Conservative government of Newfoundland and Labrador all want in to CETA. That is not the question. That is not why this debate is happening right now. The minister did not address why the motion is before the House.
I have two questions.
The former Progressive Conservative government of Kathy Dunderdale in Newfoundland and Labrador announced details of what this fisheries fund of $400 million, with $280 million from the federal government and $180 million from the provincial government, would be used for. Her government announced details more than a year ago, but this Conservative government did not raise a word of objection about what the Progressive Conservative government of Newfoundland and Labrador said the fund would be used for. It was not to be used for losses. The government did not have to demonstrate losses. This was about transition, renewal, and industry development.
Why did the Conservative government wait more than a year to raise an objection to the way the PC government of Newfoundland and Labrador framed this? If this fund is all about losses, why is the Newfoundland and Labrador--