Thank you for the question, Mr. Stetski.
The committee has been previously briefed in terms of the work that we are co-leading with the Government of Alberta in working with other governments, indigenous governments and others. If I may, let me suggest that in a number of weeks it might be worthwhile to ask representatives of Parks Canada to return, because I think we'd be in a better position at that time to speak to plans, or further plans, in terms of the 17%.
In terms of new national parks and national marine conservation areas, we continue to pursue, as per the announcement in budget 2016, Thaidene Nene, the proposed national park reserve that this committee has heard about. We've been making progress there. We've completed the public consultation. We have firmed up and are pretty close to completing our agreements with the Lutsel K'e Dene First Nation and the N.W.T. Métis Nation. The Government of the Northwest Territories has informed us that they have now appointed a senior negotiator for the land transfer agreement, so we're going to be making some solid progress to try to complete that one in 2017.
Certainly since I've had the chance with the committee, in terms of Lancaster Sound, the steering committee leading that one is close to completing its work. As you're well aware, Shell Canada relinquished some of their leases to that area. You also heard from the Cree Nation government of our interest in pursuing a national marine conservation area within their territory, and we are currently working with them, as they informed you, on an MOU to formally launch a feasibility assessment.
I'll leave it at that.