Mr. Speaker, I get the impression that the questioners today, unlike the premiers and the forestry industry leaders, have not actually read the agreement. If they were to do so, they would see that the Americans are not keeping $1 billion: 10% will go to jointly agreed upon forestry projects that will help our industry, including through the pinewood beetle crisis in British Columbia; 80% will be returned to Canada; and only 10% will stay in the United States. That is 10% more than anyone would like but it is 90% less than the Americans would have kept had the Liberals still been in power.
In the House of Commons on April 28th, 2006. See this statement in context.