No, BC Ferries is not.
It's a tricky one, Mr. Chair. BC Ferries operates as a private company. It is a private company. The way it is structured is that it has one share that is owned by a not-for-profit corporation. However, when the Government of British Columbia created legislation to make sure that the assets wouldn't go anywhere else, it created a second class of shares, which are the preferred shares, and kept those preferred shares so that the not-for-profit corporation would not be able to sell the assets of BC Ferries. That makes it, under the Income Tax Act, a provincial organization. In any other way, it's not. That's the problem.