In my opinion, there has to be some form of regulation. Custodial management basically makes the coastal state the lead agency with regard to management of the zone, with involvement by some form of regional fisheries management organizations, which is radically different from the way NAFO operates now, recognizing the non-reciprocal rights or fishing activities of other countries.
But to answer your question, no, I don't think it is an answer to leave the zone unregulated. You cannot have an unregulated zone. There has to be something in place. I think it would be unrealistic for us to think that we could put any new solution in place overnight. This has to be done over a period of time. And if we were to withdraw from NAFO, I think we would need to serve notice that we were going to withdraw from NAFO and would be taking a different approach to the management of the stocks on the continental shelf. We would have to be very clear to everybody, to the international community, on exactly what measures we were proposing to take.
I think it would be imperative that Canada have designed an alternative to NAFO, and the alternative to NAFO has to be able to remedy some of the shortfalls in NAFO. It's something that's needs to be done, and it needs to be done quickly.