Mr. Speaker, in response to
(a), no, however, Marine Atlantic Inc. conducted a financial audit in March for assets to December 31, 2004. An actuarial valuation is being completed and will be available after June 2005 for the period up to December 31, 2004.
In response to (b), no, excess funds were not used to purchase the MV Leif Erickson. The vessel was financed by a loan from the Government of Canada to Marine Atlantic Inc.
In response to (c), no, excess pension funds were not used to buy out union contracts.
In response to (d), yes, excess pension funds were used to provide the active Marine Atlantic Inc. employees with a two year pension contributory holiday.
In response to (e), the government is not planning for the privatization of the ferry service between North Sydney and Port aux Basques.
In response to (f) (i) the government does not have a position on this matter. Matters such as these are the responsibility of the Board of Directors or the corporation.
With respect to (ii) no, the government does not plan to request retroactive payments from Marine Atlantic Inc. to increase the amount of the pension of some pensioners.
In response to (g), no, the government does not plan to introduce specific legislation to protect Marine Atlantic Inc. pensioners/survivors.
In response to (h), no, the government does not plan to provide legal assistance to the pensioners who were previously employed at Marine Atlantic Inc.