Thank you very much, Mr. Chair. I appreciate that.
This is something that, in this corner of the committee room, I certainly will be supporting. This is an important fix for what was an egregious error in the drafting of this legislation. The maritime exclusion is something the NDP has fought for and supported historically. I think it's fair to say that through all of the litigation cases, there has been a certain level of unanimity around the issue of ensuring that maritime lumber is excluded.
We have a situation where the wording of this particular clause of the bill is even more important, because the coalition in the United States has signalled that they'll be taking the money that the Canadian government will be giving them, half a billion dollars, and they will be renewing litigation attacks on Canada. They wouldn't have been able to do that without the half a billion dollars because they were at the end of their ability to fund more legal challenges. But now they have a fresh infusion of cash, half a billion dollars taken right now from Canadian taxpayers.
Because of the fact that only 25% of industry has signed on to the EDC deal, the reality is that the moneys the companies are getting paid to them directly now, 100% dollars, are not deducted through U.S. Customs and Border Protection. Those cheques are already starting to go out; the meeting was last Friday, as you know, Mr. Chair. Thank goodness we didn't ram through this bill on Thursday, because now we know that the cheques have been going out as of Friday, 100% dollars going out to softwood companies because we won on October 13.
So now we have a situation in which this badly botched softwood sellout and this badly botched bill are going to complicate the lives of softwood companies considerably. We have to make sure the wording is exact and resist that legal challenge that will come from the coalition.
We know that challenge will come. They have half a billion dollars in Canadian funds with which to make it. So although it has not been improved to the extent that I would feel comfortable, the wording here is certainly better than the initial crafting of the bill that came out. That crafting changed the maritime exclusion to an exemption payment of nil.
We had to address that as a committee. We've certainly made some steps—important steps, I think—with both Mr. Casey's and Mr. LeBlanc's amendments that were brought forward. I don't think the government's amendments were as helpful. But with the addition of that clause 10.1, we certainly will have better protection for maritime lumber, though it's fair to say it's not the complete protection that we need.