That is absolutely wrong, Mr. Speaker. In fact, the United States industry will keep only 10% of the duties that we agree it illegally collected. Eighty per cent of the duties will be repatriated to Canadian industry. The other 10% will be allocated on forestry projects, including aid to Katrina reconstruction and the pine beetle problem in British Columbia. That will be a direct benefit to our industry.
That member and his government were prepared to accept a bad deal of only $3.5 billion. The Liberals dawdled on this file for six years. We have acted and we have brought home $4 billion to protect the Canadian forestry industry.