A quick, succinct answer to your question is that the Canada Marine Act was recently amended. There were some really good amendments in there that have improved the ability of port authorities to operate. However, for a port authority such as Prince Rupert, we still have severe limitations on our ability to go out like any commercial private sector company and get funds elsewhere. We probably would not be seeking the same type of funding from the federal government if we had access to commercial markets in the same way as a private sector entity has. That, in a nutshell, is what we would like to see, so that we can go out and not only borrow, but find other creative ways of getting financing for some of these projects that we're trying to develop in our gateways.
On September 28th, 2009. See this statement in context.