I'll begin, and then we'll invite my colleague Mr. Waddell to add more.
As I mentioned, on the Pacific coast, historically, we have not had constraints in place that would limit the participation of corporations or foreign interests in the holding of commercial licences. There are two kinds of licences on the west coast: party-based licences and vessel-based licences. For vessel-based licences, the department assigns the licence to a vessel. Transport Canada is the primary regulatory authority for overseeing who holds the vessel.