In the U.S., the nuclear power plant operators are required under their legislation to purchase nuclear liability to the level of the $300-million limit. Over and above that, in the case of an incident, there is in effect an unfunded premium retrospective program in place that will equate to approximately $10 billion—$9.67 billion—there. The approach they have adopted is that each of the 104 U.S. reactors would pay approximately $15 million per year, per reactor, for a period of seven years. This would equate to the $10 billion, approximately—I'm rounding it out there. It is an unfunded approach. It satisfies their needs, let us assume. I don't particularly or personally feel that it is the best solution for Canada.
On November 27th, 2007. See this statement in context.