Mr. Speaker, I had a meeting with the president of the union in question only yesterday. We had an extensive discussion. I am quite sure if he wanted a billion dollars from the Government of Canada he would have suggested it at that time. He made no such request. In fact, from that meeting, it was proposed, and I cannot say whether it was him or me, that we have a joint approach of his union and the Government of Canada, and any other union that wants to join forces, so that we could anticipate any potential problems.
The difficulty we have now is that we really do not see where job losses will occur. In the modelling it does not show up. Therefore, we will have an ongoing approach with him to ensure we follow this in case there could be some way where labour is affected.
With respect to the company in question, I have to say to industry that the time is over for this type of alarmist talk. What they are doing is driving down the value of Canadian companies and impacting upon the investment climate for Canadian companies overseas. I asked them not to do this because this type of extreme statement is simply wrong.
Today we put out figures which show very minor costs for certain industries under the most likely scenario. For industry to keep talking about this being a killer of jobs, only suggests to investors overseas that the Canadian industry is not a good place to invest. I wish they would stop.