Mr. Speaker, we obviously respect all provinces and all jurisdictions across this country. The lower Churchill project will provide significant economic benefits to the Atlantic region. It will also substantially reduce greenhouse gas emissions. At peak employment it will provide 3,100 jobs for the Atlantic region and reduce greenhouse gas emissions by 4.5 megatonnes. That is the equivalent of over one million cars.
Our government's signing of the term sheet for the loan shows our government's support for Newfoundland and Labrador and the Atlantic region.