Mr. Speaker, at the Standing Committee on Finance this morning, the finance minister admitted that the current equalization deal that is on the table for Newfoundland and Labrador has a cap on revenues. This statement directly contradicts the Prime Minister and the Minister of Natural Resources who have both stated repeatedly that there is no cap for Newfoundland.
On such an important issue, who is calling the shots? Does the finance minister's proposal take precedence over the Prime Minister's election promise to the people of Newfoundland?