Mr. Chair, I thank the hon. member for his intervention. I just want to make a couple of passing comments and then ask the hon. member a question.
I will just read from this: “BSE recovery program $465 million, disbursed; Cull animal program $110 million, disbursed; TISP $567 million disbursed; CAIS program for 2004, $250 million disbursed”. Phantom? I think not.
Phantom payments and bad announcements, maybe he would like to reconcile that with the position of the Canadian Cattlemen's Association that indicated they were fully supportive of the initiative that was put forward on September 10 and fully supportive of its design components. Maybe he would care to comment as to why the Canadian Cattlemen's Association is wrong in that support.
On a very technical issue, the member talked about unrealized equity losses and the need to deal with them. I would be interested because I think that is important. That is an issue with which we need to deal. How would he also deal with, at the same time, unrealized equity gains and how we would do a design so that we could capture both of those if we were to deal with equity losses?