A hundred years ago the Americans did the Panama Canal. Of course, they had a lot of control over Panama, but they opened up the canal. And it wasn't only for Americans; it was for the world trade, or whatever. This Northwest Passage could be the next Panama Canal, where all of a sudden trade is going to move fast, so we can't simply say it's Canada's and nobody can go through it. We're going to have to come to some sort of agreement.
Do you see us having some sort of a treaty protocol for ships coming through there?
It's noted that if there's a spill in the Arctic, the enzymes or the bacteria in the water do not break down those hydrocarbons as they would in, say, the Gulf of Mexico or somewhere like that. That's the biggest problem. It gets locked in and it gets spread around for decades. If we're going to embark on letting that route be more of a great economic opportunity for the world, because there's going to be a lot of countries investing in these mining.... It's simply a given. I mean, Canada can't do all of the investment, so you have this very international area that we technically own.
Do we need to start looking at some sort of treaty protocol for anybody coming through?