Mr. Speaker, I am pleased to respond to that member's question.
We need to remember that Bill C-22 would do four important things. It would raise the absolute liability for companies operating in the Atlantic offshore. We talked about that. It would also raise it in the Arctic. It would amend the agreements that are in place with both the Canada-Nova Scotia Offshore Petroleum Board and the Canada-Newfoundland and Labrador Offshore Petroleum Board. In the nuclear sector, it would increase the absolute liability amount to $1 billion. It would also take steps to replace the 1976 Nuclear Liability Act.
There are other things that this bill would do. Coming from an area such as Sarnia-Lambton, I am well aware of the importance of the energy sector to our economy and the safety and environmental issues that are inherent in that energy sector. I am also well aware of pipelines. We probably have an inordinate number of pipelines in my area, far more than in any other area in this country.
Bill C-22 also puts in place some other measures that would provide an improved response, a stronger accountability and greater transparency. Therefore, I am looking forward to all members supporting the bill and getting it passed quickly.