Thank you very much.
Mr. Fraser, you have indicated that you have a long-term lease, is it, or a program for the harbour authority that you have. I'd like you to expand on this. We heard that on the smaller projects, if it's $40,000 or under.... You know what I'm talking about.
What would you like to see in the long term? Would you like to see a long-term process? Would you like to be involved in the long-term process? Should this type of thing change? Should it go from $40,000 to $200,000, so that you wouldn't be putting one project into three different projects in order to get it into the proper funding area?
And on the need for more dollars, which we've heard, of course, overall—and we all know it needs to take place, and it's true that if you did put half a billion dollars into the small craft harbours budget we couldn't spend it anyway—if a reasonable increase every year were put in place.... I'd just like you to give the committee your view on what should take place on the change from $40,000 to $200,000, and what part you'd like to play in the long-term process.