No matter what, I think that number will be arbitrary. Natural Resources Canada had three criteria for determining the $1 billion number, including the capacity of the insurance market, and foreseeable accidents, which I believe was the second one. We should not confound the amount of insurance capacity or the required security with a liability limit. That's what we're importing into this legislation from the 1970 legislation. Greenpeace would suggest that this legislation be designed to ensure industry-based compensation for any type of accident up to a national catastrophe, in which case, of course, the government would step in, and that is not served by having a cap on liability.
On June 5th, 2014. See this statement in context.