To be clear, we are not establishing our own system. The provinces of Ontario, Quebec, British Columbia, and Alberta already have offset systems. The Province of Manitoba has announced that it will be establishing an offset system. The provinces of Nova Scotia and New Brunswick have announced they are planning to develop their own offset systems.
The way we can operate under this legislation is that we can recognize offset credits generated under the federal and provincial systems. At the moment, significant offsets are being created and recognized under provincial systems. This legislation gives us the authority to recognize those offsets and to say, for example, that this practice, as recognized by the Government of Alberta pursuant to their offset protocol ABC, is a recognized offset credit for the purpose of compliance with this legislation. Then my company can acquire one of those credits and submit it to the federal government for the purpose of compliance with this legislation.