It was concerning to us. We feel that we should be treated the same as other provinces or other jurisdictions that have access to tidewater. We should be given the same considerations. The only reason a moratorium was imposed, in my view, was that we're a small territory.
Things have improved significantly since the moratorium was imposed. We are now negotiating with the federal government on co-management of the offshore. We're also negotiating resource revenue sharing on the offshore. As well, we are working together on a five-year review of the moratorium. It's our expectation that with the successful conclusion of co-management, the moratorium will fall off the table, I think, with the negotiators who are at the table: the federal government, the Government of Northwest Territories and Inuvialuit Regional Corporation. The negotiations have started already. We've had several meetings and I think we're making very good progress.