Mr. Speaker, the hon. member gave a well organized, concise and clear presentation on this important bill.
I would like to come back to the idea of smart regulation, which is important if we want our economy to be productive and competitive. Whenever we talk about safety, I personally believe that it is better to be safe than sorry. The hon. member made a point about how this bill would require airline companies to keep records but that somehow there will be a change in focus. In other words, under the bill, as I understand it, the airline companies would no longer need to show their company records to the government for verification. It would simply require them to submit record keeping plans to the government.
I was watching an interesting program on television the other night about an air accident that occurred in Hawaii a few years ago, where part of the plane came off in mid-air. It turned out, after the investigation, that one of the screws used when the fuselage was being repaired was actually too small for that particular piece. In fact, using the naked eye, one could almost not see it. The investigators discovered the problem by pouring over the company's very detailed records of which screw the engineer took out of inventory, so on and so forth. It was all because of very detailed records that the citizens of the world found out why the accident happened.
I would like the hon. member to comment on whether he thinks the bill, as it is written now, could perhaps lessen the likelihood of finding the answers in cases like the one I just mentioned.