Mr. Speaker, the hon. member from the Reform Party is dreaming if he thinks the contract will be reopened under any current circumstances primarily because it is far too profitable for Quebec.
The Reform Party has taken the position that Canada should set the terms for sovereignty before the next referendum. Has it occurred to the hon. member and his party that the Churchill Falls contract would certainly be something that would be open for negotiation in the event of any kind of debate or negotiation with respect to sovereignty?
I do not think we will ever see the day when there will be a referendum in which Quebecers choose to separate from Canada. However, we should still put on the table the fact that were there negotiations for a separate Quebec, the Churchill Falls contract would have to be on the table and Quebec would have to concede a fair arrangement with Newfoundland and Labrador which would probably cost the new sovereign state of Quebec many hundreds of millions of dollars annually.
Perhaps my colleague from the Reform Party would care to comment on those remarks.