Mr. Speaker, let me explain to the hon. member the process by which that decision was taken. It was a decision of the Hibernia management board. That board is one on which the federal government has one representative out of five. That is by virtue of our 8.5 per cent equity interest in the Hibernia project.
The federal government does not have the intention of micromanaging projects like Hibernia. The decision was a day to day management decision taken by a properly authorized board.