Transport committee  Actually this general liability convention is being upgraded and amendments to the limits will come into force in 2015. It's been amended by a tacit amendment recently, and the upgrade will come into force in 2015, so I can send you upgraded limits in this note as well.

Transport committee  No, that's not an issue, because first of all, the risk is very low, so you know you can be insured for that specific risk. Of course incrementally you have to pay more, but because it's something that is marginal, it doesn't double your insurance costs. It's a kind of marginal i

Transport committee  Currently all the shipowners are covered by insurance, but for the HNS there is no.... Basically when you have no specific regime, the fallback regime is the one integrated under part 3 of the Marine Liability Act, and your liability is capped depending on your tonnage, and depen

Transport committee  Mr. Chair, and committee members, thank you for having invited the Shipping Federation of Canada to testify before you this morning about part 4 of Bill C-3, the safeguarding Canada's seas and skies act. The federation, incorporated by an Act of Parliament in 1903, is the repres