Thank you.
I'll ask you both to comment on this one. We've heard statements that this system of habitat banking and offsetting is new. I would counter with the statement that it's not—it's been in existence for some 60 years with the Columbia Basin Trust fund, which sees money coming from the U.S. into Canada for fisheries projects, for fish habitat projects, because of the impacts the damming of the Columbia River has had. It is now dammed in 12 or 13 different places, some in B.C. and some in the U.S., and compensation comes to Canada and goes directly into fish habitat projects throughout the region from that.
Would either of you comment as to other projects that you know of, in which this type of habitat banking or habitat compensation has been taking place? Would you agree that it's not a new concept?