Mr. Speaker, I am glad the member mentioned that because my first grandchild will be born in August and her name will be Willow. We are all quite excited about it. Here is to Willow Victoria Casey.
Most economists estimate that by the government not honouring this contract, it will cost Nova Scotia about a billion dollars. That means so much in the way of economic development, future growth and not being able to build infrastructure to attract industry and investment. It will have an impact on everyone for decades and decades to come.
When this agreement was signed it was not signed as part of an equalization formula. It was signed as an economic development program. Now it is being taken away because the government made it part of equalization and removed the concept and changed it dramatically.