Mr. Speaker, as I mentioned earlier, this particular legislation would raise the standard considerably in terms of the amount of liability and the amount that developers must put together. It would raise the liability amount from $30 million or $40 million, depending on the location, to $1 billion, and there are provisions beyond that. When we compare that to the amounts and the standards in the world, we certainly meet or exceed the top countries involved in this particular type of regime.
This legislation is leading in its own way, and it would be a standard that others would use and apply in the future.