Hon. John N. Turner (Minister of Finance):
Mr. Speaker, I am rising to reply to the question of privilege raised by the Leader of the Opposition (Mr. Stanfield) on Friday and to clear up a misunderstanding that has arisen with respect to the equalization of provincial receipts from the export tax on oil. Since last Tuesday when I responded to a question from the hon. Leader of the Opposition I have reviewed the various exchanges that have taken place on this subject and I can now understand why there is some ambiguity about my position.
Subtopic: MR. STANFIELD-ENERGY EXPORT TAX PROCEEDS AND EQUALIZATION-POSITION OF MINISTER OF FINANCE