When we first step back and talk directly about Quebec, from Newfoundland and Labrador Hydro's perspective, we partner with Hydro-Québec every day, and we do it very effectively, and we have for 40 years. We have a tremendous working relationship. I have to say that. You look at the upper Churchill Falls, a 5,500-megawatt facility. We operate it. They're our customer, and daily there is constant interaction. And there are really very good, solid relationships there. That's number one.
Number two is that the same relationship has spilled over into our applications into Hydro-Québec TransÉnergie. Typically Hydro-Québec is very professional; so is Newfoundland and Labrador Hydro, and we're continuing to work at that. As far as partnering with Hydro-Québec or Quebec on anything, we do it all the time, and it works effectively for us.
But as far as the actual destination goes, we will go to the destination, in the final analysis, that provides us with our best returns. We've made that clear before. We see this as a Canadian opportunity and a tremendous investment for the country, and naturally our preference would be to do a fully Canadian project. But I think we've also been clear that in the final analysis, we have to do the best business deal, and that's what we're in the process of putting together, and that's where we'll go.