The pivot point came in December of 2011 when we passed a piece of legislation allowing this to happen at the beginning of the crop year in 2012. Since that time the new CWB has aggressively pursued market share in western Canada as well as the rest of Canada. It has purchased facilities to give it port access in Thunder Bay. It continues to work towards a growing footprint across western Canada with four new builds slated this year—the concrete is up for one and the other one will be started in the spring. As it moves to commercialize what it has and its ability, the Rolodex that it has, and so on, this is not a privatization as much as it's a capitalization. It is looking for a working partner. The list is now short as it works with a few entities that will have the capacity to partner with it and increase its footprint.
The problem we had initially was that the assets, or supposed assets, of the old single-desk board were heavily leveraged, as you will know if you go back through a compilation of.... This is one of the final pieces, this $3 million transferred to the board itself to get them back to a point of zero, where they had the ability to grow their footprint. Other than that, they were heavily indebted, building the railcars. Even the boats they had ordered weren't paid for. There was a deposit that had long been eaten up, so there was a need to make sure that the pension was secure and the payouts were there for people. The building was brought back to zero. All those types of things needed to be done in order for the Wheat Board to survive.
I know we're facing a couple of lawsuits where supposedly these assets were garnered, but anyone who's honest and from the old board of directors who knew the financial status of the board, would have to recognize the fact that there was no asset. It was all heavily leveraged. As the board sought to commercialize, it needed some help to get back to zero so it had a vibrancy, the ability to move forward. We've done that as a government. We're happy to do that. We see it out there as a viable alternative, as it continues to grow.