To clarify, we said that what happens on July 1 is the automatic move into a 10-year phase to 2036. We hope that it's more like a 12-month period or shorter in which to get a good deal.
The question I would ask the room here is at what cost a deal is going to be struck sooner than that. That is the challenge that our negotiation team faces right now on behalf of Canada. If we get a bad deal and lock that in for 16 years, it could be far worse than taking the next few months to make sure that we have a good and well-thought-out deal.
