Mr. Speaker, to be clear, this is why I was trying to talk about balance. What I define as pragmatism in regulation is putting forward a target for health and safety that is absolutely stringent and world-leading, which we have done in this bill, and then, with this bill, ensuring that the liability limits cover it.
Enshrining unlimited liability in law when it comes to fault or negligence being proven is excellent. That is a very good best practice. Having $1 billion of coverage required for absolute liability in law takes that coverage in Canada one step further.
My colleague asked questions regarding my portfolio, Western Economic Diversification Canada. I am very proud to say that this year, with deep consultation with industry and different community groups, we put in place five very clear priority areas for our ministry. They are innovation, ensuring the acceleration of economic opportunities for first nations and aboriginal peoples, skills training, trade and investment, and the ITP program. We now have a comparative-based call for proposals model for our fund, which ensures that opportunities are evaluated in an investment portfolio model. I encourage everyone to apply for these funds. We have just closed the last round of applications, and evaluation is going to be based on a very clear and transparent evaluation framework.