Mr. Speaker, the work between the Government of Canada and the respective provinces continues to be ongoing.
I would like to point out to the gentleman that offshore resource revenues are today owned and received 100% by the relevant provincial governments. Equalization comes on top of that. On top of all that, the Government of Canada adds at least a further 30% bonus in offset reductions, and we are proposing to add a further 70% on top of that, for a total of not 100% but 200%.