Mr. Speaker, I thank my hon. colleague for his question. He probably noticed that I did not have enough time to fully express my indignation over the equalization formula. It is completely unacceptable that the government waited until the middle of the holiday period, while no one was here and everyone was in their ridings, to publish regulations in the Canada Gazette changing how it treats Hydro One, and depriving Quebec of millions of dollars.
As for Ms. Jérôme-Forget's letter, I would like to be able to read it in full in this House. It describes what the Bloc Québécois has been expressing all day, that is, the indignation of all members from Quebec, who represent the Quebec people as a whole, regardless of their party affiliation, indignation caused by what the federal government is doing in the securities and equalization files.
For one thing, I would like the minister to explain why it was necessary for Ms. Jérôme-Forget to correct the facts. She says in her letter that what we hear from federal government officials, the minister himself and the people around him, is incorrect. For instance, we heard the argument concerning the cost of equalization and were told that it would increase by 15% each year, an untenable rate. The Quebec minister says this is an exaggeration.