Mr. Speaker, Newfoundland and Labrador has two choices. In fact, we have three. The choice that we have now is to stay with the Atlantic accord that is honoured by the government, that has received no cap, and that we can continue to receive 100% of our oil and gas revenues from the offshore reserves.
The member for Bonavista—Gander—Grand Falls—Windsor, when he spoke this morning in the House, said that the Prime Minister said that we will have no more side deals. Then he said that there is a side deal with Newfoundland and Labrador under this new agreement, and there is a side deal with Nova Scotia under this new presentation that came forward in the budget.
I ask the member for Bonavista—Gander—Grand Falls—Windsor, is he upset that the Prime Minister and the Minister of Finance and the government gave Newfoundland and Labrador a third option? Is he upset about that? I am not. I am pleased to have a third option, so we can get on our own two feet.