A clause very similar to this exists in the existing act. We understand that this is a concern expressed by the industry, that U.S. victims may sue in U.S. courts because the liability limit is quite low now. However, under this legislation we believe that the courts would consider the $650 million limit to be a significant increase from the $75 million and they may avail themselves of the opportunity to bring their claims to Canada.
On December 7th, 2009. See this statement in context.