Mr. Speaker, certainly, this is an interesting debate and it is one in which all Atlantic members want to participate. Beyond the huffing, puffing and blowing their straw houses down by the members of the Liberal Party, there are some questions here that need to be defined.
I say to the member for Avalon, Nova Scotia has a different situation than Newfoundland. I appreciate his explanation that the Atlantic accord is there for Newfoundland and will remain there for Newfoundland. If at some time Newfoundland decides to opt in to the new equalization formula, it would have every ability to do that.
However, if Nova Scotia stays in the old formula and if it stays in the Atlantic accord, it will reap a benefit of $57 million. If it opts into the new plan, it will reap a benefit of $95 million. Nova Scotia has a different offshore reserve than Newfoundland and Labrador. It is a totally different situation.
If the people of Nova Scotia had two choices and one choice was better, would they not take the choice on the new equalization program?