Absolutely. Let's start right in your territory. In the Northwest Territories hamlet of Fort Liard, the National Energy Board has already granted a geothermal permit to one of CanGEA's member companies, one of the ones I work with. It was 51% Acho Dene Koe, which is with the local first nation, and then the CanGEA member company, Borealis GeoPower. They were able to do a front-end engineering study with the support of NRCan. The project did not go forward, and this was several years ago. At the time, the Northwest Territories Power Corporation could not come to a power purchase agreement with the Acho Dene Koe and Borealis GeoPower.
Since that time, the governments, both federal and territorial, have changed. There is also a new initiative that NRCan is supporting that is trying to get the remote communities off diesel. That particular project has reapplied, and we hope that it goes forward.
The discovery well was actually drilled by Chevron, decades ago. The funny thing about Chevron, an oil company, is that it's actually the largest geothermal company in the world—it's not even a renewable company; it's an oil company—because of course it knows how to drill really well. Here we have an example of Chevron drilling the well and leaving the area and the country. Now other companies are coming in after Chevron and using Chevron's discovery wells, and they would like to take it forward.
Kitselas Geothermal Inc. is a first nation-led project. Kitselas First Nation is out of Terrace, B.C. It owns 51% of the Terrace project, and it's looking to move that forward under a first nation banner. Local employment means a great deal in skills training opportunities.
With regard to the Nunavut feasibility study, I'd like to applaud Qulliq Energy Corporation, which is the crown corporation for both power and heat. Most utilities are just power, but in its situation, it's power and heat. Its CEO, Bruno, is a visionary about the fact that this works. It has worked in 25 other countries for power and in over 80 countries for heat, so why not in Nunavut, why not in the Northwest Territories, why not in Yukon and in the rest of Canada?
There is an Inuit minimum concentration that needs to go towards the feasibility study, so many of our members are now expanding our network and working with the Inuit and with the Nunavut people to help them fulfill their energy dream of energy sovereignty and security, and do it in a renewable way.