We also have to have a place where we can meet them on the entrance, and we don't have it. Our centre is Iqaluit, at the end of a long bay. Churchill is our only deep seaport. It's owned by an American company, by the way, as is the rail link from the CNR. Yes, there's a future there, but China's ships and oil were going to come by rail. The oil was going to come by rail. Whether this happens next year is debatable, but it's in the process of taking place.
On November 29th, 2012. See this statement in context.