Thank you, Mr. Chairman.
I'm really pleased to see these gentlemen here today. I appreciate your coming to bring forward your expertise to our committee and enlighten us on some of the issues around the Arctic.
It is becoming more and more important, as we have seen over the last number of years and months. Our government has suggested that we create a deepwater port in Nanisivik for Canada's Arctic fleet. Can you let us know what stage that port is currently at?