Mr. Speaker, I appreciate the kind words of my colleague. I look forward to working with her in her new role as the critic for this portfolio.
With respect to the liability question, obviously it would be fairly predictable for the NDP to use words like “no liability”, meaning no limits of money. That is not true. We should not expect that from our taxpayers. We have to be fair and reasonable to the industry.
A liability limit of $1 billion would mean Canada has among the highest limits in the world. There are countries who are doing this with certain success and Canada wants to be atop that, not just because we want to set an international standard with partner countries, but for the protection of Canadians as well.