Mr. Speaker, I reject the notion, and the Government of Newfoundland and Labrador long ago rejected the notion, that this was a compensation fund for affected individuals. If it is compensation at all—and I do not think it is—the fund is compensation for the government giving up the policy tool.
“Up to” $400 million is really about the 70-30 split. If the Newfoundland government would pay up to $120 million, the federal government would come up with the other $280 million. The $400 million is the combined fund based on the province's contribution. That is where the “up to” comes from. It is very clear that for each $1 that the Newfoundland government puts into this investment fund, the Government of Canada will put in $4. That is where the $400 million comes from. The money is not there as a compensation fund for individuals, although some individuals may receive some assistance.