Madam Speaker, I thank the member for his question. My understanding is that the $408 million deals strictly with the mutual fund audit surpluses, but there are other factors involved with the equalization formula that compounded and added to that. The figure that is being used and the figure we see, even in yesterday's Winnipeg Free Press , is $710 million total.
It is true though that for the fiscal year 2000 the overpayment was $168 million above and beyond, but that has been repaid. As of March 2002 Manitoba had to come up with $168 million and give it back to the federal government.