Thanks. I appreciated your presentation.
I'm going to focus primarily on the privately owned landscape because that is what I am most familiar with and that's where the action is in terms of wetland conservation.
You talked about a stronger legislative framework. Many of the farm groups that have presented to us have an instinctive aversion to regulations. You did touch on the issue of incentives. On the privately owned farmed landscape, would you prefer a regulatory approach to wetland conservation, or would you prefer an incentive-based approach where landowners are provided with incentives to conserve wetlands?