Mr. Speaker, previously, just before the excellent leader that we have currently, we had a leader who went to war against the major oil companies, big business and the banks. There was a reason for that. It is true that we see a problem in terms of social acceptability and safety.
The $1 billion cap is not sufficient. These days, $1 billion is the same as $1 million was back in the 1980s. It is proportionally the same in terms of accidents. There are far too many claims and the consequences of an accident are too great to put limits on liability. We should have a polluter pays regime and it should be paid for entirely by the users and operators.