That is the same question that officials from Mr. Oliver’s office and Prime Minister Harper’s office asked us a year ago. There is no good answer to that question. In our opinion, the only way to apply the polluter pays principle is to have no limit. If you pick a number, it could be $1 billion, $5 billion, $10 billion or $40 billion. You could take the final estimated costs of the Deepwater Horizon spill, but, really, you could have a spill in the Arctic, in the Beaufort Sea, that would cost a lot more. It really is impossible to determine.
On June 3rd, 2014. See this statement in context.