Louis Plamondon at the Finance Committee

On November 27th, 2013. See this statement in context.

November 27th, 2013 / 6:50 p.m.

Bloc

Louis Plamondon Bloc Bas-Richelieu—Nicolet—Bécancour, QC

I'll be brief, Mr. Chair.

It would involve increasing the planned reserve from $500 million to $650 million. I think that would be much more appropriate.

Let's keep in mind the repercussions in the United States, in the case of the Kalamzaoo River. Based on recent estimates, the cost would exceed $750 million.

So, it's better to err on the side of caution. I think $650 million would be more appropriate.

Thank you, Mr. Chair.

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