The purpose and the way the act came about was that after this situation happened in Haiti, the OAS decided that they wanted to impose sanctions. When the minister of foreign affairs came back to Canada, we discovered that it would require a special piece of legislation related to what the OAS had done.
Our approach was to say that if we have to go back to Parliament, then let's go back to give the Governor in Council the authority to do this quickly. Imposing sanctions in these situations is required quickly, and as we know, even Parliament at its best in terms of speed can take days. Back then money moved fast. It moves in seconds now.
The ability of the Governor in Council to do that without having to seek parliamentary approval was critical, but there were fence posts put around that. A multilateral organization had to have called on the global community to bring in these sanctions. That had been done through the OAS. The OAS imposed their sanctions, but they found them to be leaky after about six months, because it was just the western hemisphere. We know that if you just do sanctions sporadically and that select countries do them, other countries and other businesses will step into the breach and fill those business relationships.
That certainly happened every time we met with European members back then, after the OAS had passed this and we had passed this piece of legislation in 1991. They said that without the UN's approval, they can't do anything, that they're not members of the OAS, so they will continue to trade with Haiti. We then engaged in a process to get the Security Council of the United Nations, which it did in 1992 and into 1993, to pass a resolution imposing sanctions on Haiti.
Now, that's a slow process, and we're facing some of that now. We have not seen universally the countries around the world implement sanctions as we have done, or as some other countries have done, on the Soviet Union. In fact, we know they are trading with them.
In my own backyard, seafood is a big industry. Snow crab is a big industry in Newfoundland. The price of snow crab a few months ago was $8 a pound. Now it's $3 a pound. The reason it's down to $3 a pound is that the Japanese, who were buying half of it—