Natural Resources committee  Yes.

Natural Resources committee  The legislation provides that the minister may enter into a reinsurance agreement with the insurers, under which some of the risks would be borne by the federal government. So if you increase the liability amount, then you are also increasing that liability of the government.

Natural Resources committee  I'm not following your question.

Natural Resources committee  Yes. The situation is that there is an insurance policy for the operator, and there are two elements of the insurance policy: coverage A and coverage B. The total liability is $650 million. Coverage A risks would be borne by the insurance company and coverage B risks would be bor

Natural Resources committee  They could have some liability.

Natural Resources committee  That's correct.

Natural Resources committee  Roughly, 40 years...30 years, excuse me.

Natural Resources committee  We looked at inflation, and if it was just an inflationary increase it would be somewhere around $250 million to $300 million, actually.

Natural Resources committee  Yes.

Natural Resources committee  The situation is that once the tribunal is established, the operator's liability is limited at $650 million, or whatever amount that $650 million is increased to in subsequent five-year reviews by the minister.

Natural Resources committee  Should Parliament decide to appropriate additional funds over that amount, then they would be appropriated.

Natural Resources committee  No. Certainly for an incident that was in excess of $650 million it would, but the government does bear some of the liability for whatever amount is set there. So even at $650 million, there is federal money involved in compensation.

Natural Resources committee  I believe it would have been the last time we had discussions with the insurers, which would have been probably over the spring of this year.

Natural Resources committee  Yes, that's what we did. Basically we looked at the international comparisons, etc., the insurance capacity. Then we asked how this relates to a foreseeable incident that might take place at a Canadian reactor. We discounted the fact of a Chernobyl-type incident, because our re

Natural Resources committee  Oh yes, there is.