High electrical costs are some of the highest costs for employers in the mining industry. The only two provinces that really flourish in that area currently are British Columbia and Quebec. One of the reasons is because both of those provinces generate their own power. They have the ability to tap into the rivers that are nearby and they create their own energy. For them it's a win-win situation, but it's not the same everywhere, unfortunately. In a lot of our areas where the mining sector is growing, there is very little opportunity for them to have access to the natural resource that gives them that ability. Therefore, it's important for them to have the ability to somehow be subsidized or be given some ability to recover some of those costs because it is very expensive for a lot of them.
If we're going to take the Ring of Fire, which is the next biggest development in Canada that we foresee, there is no infrastructure whatsoever in that area to allow that to happen. Without electricity, unless technology really changes in the next few years, it's going to be very expensive for somebody to go up there and do the actual mining. Prospecting and developing is a different area, but once you get into the production phase, this is where electricity really comes into play.
To answer your question on carbon pricing, it may assist. It may force employers to look at different ways of getting electricity up to those areas, but at this point in time it's hard to say if it will really help or not because we're not there yet.