As part of an organization that's based on owning and managing licences and quota for fishermen to participate in the fishing business, I try to buy or access more licenses and quota for our company so more fishermen can participate in the fishing business. I can't buy licences and quota in the current market without a subsidy from the federal government in the form of a grant that offsets the cost. Otherwise, the return on the investment doesn't make sense for my directors and I can't take it to them as a viable business investment.
It doesn't make sense, and that's the situation that groups like the Coastal First Nations are in, because they're not getting that grant. This is the money they've been given. They have a limited amount to spend, and that's what they're using, and the budget of the licences continues to increase from the time the agreement is signed until they're out on the market to buy the licences. Some of these things have gone up by 100% to 150%. How will they be able to compete with money that may or may not be real?
I think that's one of the things we need to keep in mind here. The speculation is just like what you see in the Vancouver real estate market, and we know that this money is not real.