Mr. Speaker, during the member's speech he indicated that the industry in Quebec was experiencing some severe difficulties, that there were bankruptcies and financial duress.
The reality is that the bill actually creates an export tax at current price levels that are actually higher than the current U.S. duties. The ruling and the opinion of the NAFTA and the WTO panels was that our industry was not subsidized.
What we have basically done is we have capitulated. In fact, this will not only affect the current situation within the softwood lumber industry but it will also have some ramifications for the softwood industry in the future, as well as other industries, because we have simply abandoned the integrity of the dispute resolution mechanism.
Does the member not believe that what we would be doing in Bill C-24 is accepting short term gain for long term pain?