I have one question, Mr. Minister, if you don't mind. We've had a lot of discussion here today, and there has been a lot of discussion around the sharing arrangements with the crab, and a lot of discussion among the traditional fleet and what some people call the new arrivals, new entrants into the crab fishery here in New Brunswick and in the gulf.
There's a recognition, no question, of the cyclical nature of the stock. My question is about the sharing of the stock or of the quota, taking into account its cyclical nature. There were some suggestions today that the traditional fleet has some needs, if you wish, and the needs...some graphs were presented to the committee that outlined the needs of the traditional fleet to maintain the industry, so to speak.
Back in the day, a position was taken by the provincial minister when the decision by the federal minister to make that a permanent share...and I guess a suggestion was made today to the effect that when the stock drops below a certain level, then the TAC has to drop below a certain level and the LIFO formula should be applied. I know you're aware what LIFO is: last in, first out.
The province wasn't shy back in that day to take a position on that. What's the position today?