Thank you for the question and your comments on the Farley Mowat.
One of the interesting things about the sealing exercise—I include Paul Watson and his group on the Farley Mowat—was the solid support from everybody. It wasn't a petty political thing. It was something Canada had to do, should do. Regardless of who was there, it was something that should be done, and I certainly appreciate the support.
In relation to the herring, my own impression is that the Julianne III is not part of the equation this year and will not be part of the equation. I'll ask David Bevan to correct me on this if I'm wrong. We have asked the FRCC to have a look at herring. Herring is the fish that has given me more trouble than anything else. A lot of it is because of the ups and downs, the downturn right now, in the spring stock. The fall stock seems to be half decent. There are concerns about having enough for bait, and the cost of bait has certainly exacerbated the problem.
Fishermen are concerned about the herring stocks because they're so important to them. Yet when we fish it commercially, we get very little return compared with what others are getting in other parts of the country. So the whole thing leads to the need for a hard look. We need to maximize the philosophy that we've adopted with the provinces and the fishing groups—to get every cent we can out of the herring and fish it in ways that will keep jobs going and benefit the people.
We've always had a defined quota from the inshore, the gillnetters, and the seiners. But the poor old seiners have been banished everywhere. It's not for me to judge whether this is right or not, but they have no place to go at all. That makes it very difficult. And yet they have a quota.
I assure you that we will monitor it, so that whatever happens there will have no adverse effect on other fishermen—seiners, trawlers, border trawlers, or whatever. But they only have a quota. They only have so much. Whether they have three football fields or ten football fields, they can only catch what they have.
David, do you have an update on the Julianne III?