Mr. Speaker, I thank the hon. member for his question. Let me assure the hon. member that this government believes that the Hibernia project is viable and that we anticipate a reasonable and fair rate of return on our investment as do all consortium members.
Let me suggest that the hon. member should appreciate that we in the Government of Canada define value in a number of different ways, only one of which is rate of return. I should remind the hon. member that many jobs have been created and many contracts have been let, many of those in the province of Quebec. Over half a billion dollars worth of benefits have gone to the province of Quebec.
We are building infrastructure. We are building a new source of energy security in this country. Therefore, I suggest that Hibernia on all counts is a valuable project for the long term prosperity of this country.