The opportunities are considerable. As I pointed out, Inmet has a commitment of over $4 billion to the Petaquilla project. There are eight to 12 other significant project areas. As Mr. Clarke pointed out, some of them have been very badly managed in the past and have created considerable controversy.
The opportunities are there, but there's an area in which I tend to disagree. My understanding and our observation of the pattern of investment globally is that Canadian investment can bring significant advances in corporate social responsibility, training and education, and social participation, but only under certain conditions, and only under conditions of strong governance and regulation.
The kinds of agreements we've seen in the north--for instance, the impact benefit agreements--rest on a legal foundation that doesn't exist in most other countries of the world. While the pattern can be brought to bear and implemented in other parts of the world, it's expensive and it goes against the interests of the shareholders, so it takes a little bit more than enlightened management on the corporate side to implement it.
The opportunities are there, but unfortunately they are enhanced by the potential for lower levels of environmental protection or public health protection than we would expect in Canada. We don't see how that is a competition we want to be encouraging.