Thank you.
I talked about the building. One thing I didn't mention is under Canada's oceans action plan, back in 2006, we launched SmartBay, which was a Placentia Bay initiative. The study that was done on tanker safety in Canada identified this as one of the highest-risk regions of this country. Most of our oil and gas goes in and out of Placentia Bay. It is, I think, next to Vancouver in terms of total value of product coming in and going out. We wired Placentia Bay, basically, with buoys that upload to satellites every 15 minutes. If you go to smartbay.ca, you can see all this.
We've since expanded that around the island, and we've since expanded it into Halifax and the partnership up here, and with the pilotage authority into Saint John, New Brunswick. With Ocean Networks Canada, out of British Columbia, we're now looking at setting up a national oceans observing system to give better information and better decisions for tanker safety. Basically, all these tankers will be in direct communication through these buoys and through an AIS system with all the fishing vessels in Placentia Bay, one of the foggiest places in Canada.
This is not a tourism commercial. We have some of the most severe sea states. We have the famous ice that sank the Titanic, and there have been other catastrophes over a period of time. It is a harsh environment. A lot of what we do on the project side is generated by working with industry. They identify their challenges and we work on the solutions.