Mr. Speaker, I would like to thank the member for his question. In 1992, Canada went through much similar circumstances. We have had to invest over $3.5 billion in economic development packages and bought back 3,600 licences. We still have challenges.
I commend Commissioner Fischler for his courage in acting in such a way in Europe. He has been a good partner for us at NAFO. With his understanding of the situation we are going through, I trust he will be an even better partner at the Northwest Atlantic Fisheries Organization.