Mr. Speaker, my question is for the Prime Minister.
Under the perverse equalization formula, the federal government is now clawing back more than 100% of Saskatchewan's energy revenue, up to $1.25 for every $1 raised by the Saskatchewan government. As a result, Saskatchewan families are now seeing more demand on their provincial tax base.
Will the Prime Minister guarantee that Saskatchewan will not be shafted and that it will be treated in exactly the same way as Newfoundland and Nova Scotia with respect to energy revenue and the equalization formula? It is a very important question for the people of Saskatchewan.