Mr. Speaker, we very much welcome the decision of the court which respects Canada's reservation in terms of the conservation of stock outside the 200 mile limit.
The position we have taken all along is that negotiation is a much more effective way of dealing with the problem. Negotiation has paid off. We now have agreement with the European Union on quota allocation. Negotiations have led to the straddling stocks convention at the United Nations.
I look forward very much to consideration by the House of the legislation to implement the straddling stocks convention so we can pursue that good arrangement to conserve fishing stocks around the world.