Right now, for Canada, as well as other countries, up to 200 nautical miles off their coast and the seabed resources within that belong to them. The United Nations Convention on the Law of the Sea allows for the countries that ratified the agreement to submit a proposal to get more than that, to go beyond the 200 nautical miles, and that will give the country the right to exploit the resources on the sea bottom.
Every country that ratified that will have 10 years, as was mentioned earlier, to submit their proposal. The United Nations Convention on the Law of the Sea will not be making the final decision. If two countries do not agree, they have to solve the difference between themselves. Only when an agreement has been reached between the two countries will the United Nations Convention on the Law of the Sea say this is it. So that's the process that all the Arctic nations, including Denmark, Russia, the U.S., and the others have agreed to follow. That will be done through that process, and then whoever has the ownership will be able to exploit the resources.