Mr. Speaker, my colleague from Quebec raised some good points.
Newfoundland and Labrador is doing the right thing. Newfoundland Labrador Hydro has a subsidy called Newfoundland OilCo. It has equity, sometimes up to 8% or 10%, in our offshore oil and gas industry so we can make sure Newfoundlanders and Canadians are getting a good cut and a good, fair percentage of that. It keeps our Newfoundlanders at work. It keeps our Canadians at work. We make billions of dollars off oil and gas in our province. Twenty-five per cent of Newfoundland's GDP comes from oil and gas, so when Conservatives promised to double oil and gas production in Newfoundland and Labrador, it would have added an extra 25% to our economy.