Mr. Speaker, I was actually discussing a previous question at the time.
The equalization formula, contrary to the allegations of the hon. member, is not a discretionary decision making document of the government. It is an agreement that is put into legislation based on an agreement with all provinces. The amounts go up and down depending on the level of activity. Every province agrees to that.
We are now at a stage of renegotiating that and looking at more ways to improve it. We are constantly looking at ways to improve those agreements. That is what the finance minister is doing and that is what the premiers are doing. I am sure they will reach a good conclusion.