If you look at the development of the resource, for me it's linked with the development of people. I will speak about Nunavut; I know Nunavut well. We have mines operating and we're looking to develop more mines. You cannot have forestry out there. There are no trees. It's cold. There is no energy.
However, with mines you can develop people. We have good truck drivers, they are Inuit. They are not just men, they are men and women. If you look at the apprenticeships, we are working on developing plumbers, electricians, mechanics, carpenters. You give a wish to people, a reason to work. I saw the community of Baker Lake when we started and compared to now. One thing we have to do is continue.
I know over the last seven to 10 years regulations have become a little more difficult. I'm not complaining. I'm saying we have to compress the time. I'm not asking to try to bypass any regulations or to minimize them. We have to accelerate. A good example is the Meadowbank mine where we tried to bridge with another discovery, but the permitting process.... We have good collaboration. I'm not here to complain about collaboration. Through anything you can do at the government level, regardless of your party, you have to find a way to make this more acceptable because there are jobs and people. When we create opportunities for people you cannot let them just drop in their community. This is one point.
Another point is a university in Nunavut. We're pushing and have worked for a university. Innovations have to be linked with this. These people have their tablets, their phones. They are like everyone else. They want the technology. You need to bring fibre optics. Maybe it's through the mining industry.
Natural resources will permit the development of select regions in Canada. Innovation will maintain this because now you will have better operating costs. You will be able to have a reason to say, eventually I will be able to maintain my costs or I will be able to mine more of what is in there. This is something that we can contribute. It's not just valid for Nunavut, the Ring of Fire, and other communities that I don't know. I'm certain that it's definitely a reason.
A last point, just like Agnico, we are investing $5 million per year in Nunavut in training. That's one company. Imagine if you can push and we can have new technology, lower costs, and instead of 35¢ per kilowatt have 5¢ per kilowatt. How many other projects will move forward? There is an incentive to build roads. We go through innovation, we use other technology to build roads. You will develop a territory.