Under the Canada-U.S. Great Lakes Water Quality Agreement, Canada and the U.S. committed to address toxic hot spots in the Great Lakes. On our side, we have remediated, or begun remediating, four major sites. Randle Reef represents the largest remaining toxic site on the Canadian side of the Great Lakes. It is a toxic soup of contaminants produced over the decades as a byproduct of the steel industry. It is on the bottom of Hamilton Harbour. It covers hundreds of acres. The plan involves the Province of Ontario, the Government of Canada, the City of Hamilton, Hamilton Harbour, the local region, and the Municipality of Burlington. It will create a containment structure with steel provided by U.S. Steel, which is now the owner of the industrial property that will contain the main portion of the toxic site. The surrounding ooze, if you will, will be backfilled, and it will be permanently capped. This is a 10-year project costing almost $150 million. We hope that with the completion of this project we will see a restoration of water quality in Hamilton Harbour on par with what we have seen in some of the surrounding natural areas.
