Mr. Speaker, my question is for the Minister of Fisheries and Oceans. Spending on the Atlantic groundfish strategy is spinning out of control. The Department of Fisheries and Oceans has now admitted that this year's deficit alone is $105 million.
Last week the minister announced his so-called brilliant solution was to siphon money away from the $300 million capacity reduction portion of the plan to cover the shortfall. Will the minister tell this House exactly how much of the $300 million allotted for capacity reduction will be diverted and confirm what many fishermen already suspect, that there will be no further licence buybacks?