Mr. Speaker, the one thing we have to reflect on is what benefits Canadians receive from cleaner energy technology. I am not so inclined to deal with the worse-case scenarios because what we have, as was noted, is a mature, responsible, well-developed, and extremely safe industry that happens to provide tremendous benefits to Canadians from coast to coast to coast with clean energy generation.
An increase in the limited liability from $40 million up to $1 billion is a substantial increase. It is remarkably higher than other countries.
If we are going to talk about the unfortunate and very unlikely event of a disaster, then we have to be realistic about the clean-up and the capacity to do that. We can look at Fukushima for example, as the member for Wetaskiwin pointed out. Despite the unlimited liability that Japan carried, there was no way the corporation could cover those costs, and Japan ended up having to step in and pick up those costs.
It does not matter what we set the liability amount at. If we make it so outlandish that there is no capacity to deliver it, then it is an unrealistic point we are making in legislation. We are ensuring we strike that perfect balance so as to invite that development, invite that industry, so Canadians can enjoy the benefits of safe, clean, green energy technology at an affordable rate with reasonable and sensible protection for Canada and its environment.