Mr. Speaker, the hon. member has some of the facts wrong so I will correct her and then raise another question.
When we take a look at this deal, why is Canada caving in at the negotiating table at this point in time? Every case that we have taken before the Americans we have won.
I have received letters from a lot of businessmen and businesswomen in my community who say that in business if they have a dispute and they are winning in the courts they will not go to the negotiating table and cave in and leave $1 billion on the table.
It would not be so bad if it were just $1 billion on the table that was going somewhere, but the way it breaks down, $500 million will be used by the U.S. lumber lobby group against Canadian industries. Why would we be bankrolling our competition? To make matters worse, $450 million of the $1 billion will go directly to George W. Bush to decide on which way he wants to use the money for other republican means.
If we take a look at just that one point alone we cannot agree with this deal, let alone the fact of the surge mechanisms and the increase in Canadian taxes that will be put on. It does not take an accountant to know the difference between a 15% tax and a 10.8% duty. The 15% tax will cripple our industry.