Absolutely, and that's where it all has to be managed.
One of the things we should be celebrating in this country—I know sometimes the processes come off to the private sector as being quite cumbersome—is the regulatory regimes and the environmental assessment processes we have in place. We want to make sure that any investment is being done in such a way that there will not be any major deleterious effects on northern ecosystems.
In many cases, you're right. The one way around the transit passage issue relating to the legal status of waters for the Northwest Passage—which I'm sure DFAIT gave you its line on, and I think it's actually the correct line—is if we encourage foreign shipping to come and go up to a Canadian port and stop there, there's no question they're entering Canadian waters and sovereign territory, and therefore the whole issue of the legal status of the Northwest Passage disappears.
This again is one way that we can get inside the minds of the international shipping community, but realize at the end of the day that we live in a world of “just in time” delivery. If these shipments are off by a matter of hours from Yokohama to Rotterdam, global logistics networks get thrown into disarray. This is not something that's going to happen tomorrow. This is something that is still a decade away. Again, making year predictions is really a problem, but we do have some time to get this right before the world starts to flood into our waters.