Thank you, Mr. Speaker. I have a return to oral question by Mr. Gargan on February 24. Mr. Gargan asked me if the Department of Transportation has insurance for its ferry, the MV Merv Hardie. The ferry carries full marine insurance for operations in Canadian minor waters. This includes operation anywhere in the Mackenzie River watershed.
The insurance covers collision, striking, stranding, sinking, fire and the discharge of pollutants.
The vessel itself is insured for a value of $5.1 million. Its third-party liability is unlimited and, in the event of a discharge of pollutants, the coverage is up to $170 million.
All ships owned by the federal government, whether Fisheries and Oceans, Department of National Defence or the Canadian Coast Guard, are self-insured.
In the incident of October 23, 1992, neither vessel sustained any damage or loss which would constitute a recoverable claim.