Mr. Speaker, my colleague really touched on some very important points in his speech, one of them being that we simply cannot deal with the nuclear industry in this piecemeal fashion, and that is correct.
We have many problems with the liability limits in the bill. We did not have a context in which to put that. We did not have a sense of providing leadership in terms of identifying the true cost of the industry to the consumer. This is one point for someone who is interested in the comparison of directions in which we have to go.
If we continue to hold the liability for nuclear accidents above $650 million with the Government of Canada, we are instituting a long term subsidy of the industry. We are not expressing the true costs of the industry in relationship to other potential new energy sources at which we may be looking.
Our amendment would simply create an unlimited liability for the nuclear industry, much as there is in many other countries. This would ensure that the cost to deal with it would be left with the industry. It would be reflected in the prices that the industry would charge for its product.
Is that not a better situation than continuing the liability of the government in subsidizing the industry?