Madam Speaker, it is unbecoming of my colleague opposite to be using that language. I have never used it toward him in all my political career, and we have had some discussions.
Let us talk about the misunderstanding. The Premier of Newfoundland and Labrador said himself that there had to be some misunderstanding around this deal.
Let us get to the fiscal capacity of Ontario. First, we will receive, and are receiving today, 100% of the revenues. We will receive the equalization. We will receive the 30% on top of that. We will receive 100% of the 70¢, which 70¢ and 30¢ makes $1, on top of that. That will not change. That brings it up to the level of Ontario. Only when our revenue starts increasing above that, will we start losing on equalization. Until then, equalization will not be lifted. If that does not change within the next eight years, nothing changes. If our revenue grows beyond the 100% we are receiving now, we would still receive that and we would receive it until it reached wherever the limits would go, like Ontario or in particular, Alberta.
The hon. members opposite do not understand the formula.