Mr. Speaker, the member should better inform himself on this file. The fund was created to compensate for anticipated losses from the removal of minimum processing requirements. The fund was never intended as a blank cheque that would give the industry in Newfoundland and Labrador an unfair advantage over other Atlantic provinces.
The Canada-European Union trade agreement represents an unprecedented opportunity for the province of Newfoundland and Labrador, and it would be a shame for anything to interfere with that. We have been very clear from the start that the MPR fund was to compensate for demonstrated losses.