The port of Churchill is on track to becoming more of a four-season port, which increases opportunity for exports to Europe and elsewhere.
As we look at the opportunities ahead of us—the port of Churchill, as a strategy, has been referred to the Major Projects Office—there is an opportunity to partner with the Province of Manitoba, as well as with a multitude of indigenous nations. There are first nations in Manitoba that are interested in potentially being part of a natural gas pipeline that might export out of there. There's interest in having an equity stake in the railway. There is also interest in the transportation system that might take things from the port of Churchill elsewhere.
There are numerous opportunities from both a first nations perspective and an Inuit perspective. The Inuit of Nunavik as well as Nunavut—as we look at where boats may go along that route—are very much interested in the opportunities this provides. Certainly, there have been discussions with the Canada Infrastructure Bank around some of those opportunities, because they allow for indigenous equity, and there's the indigenous loan guarantee program, which is operated out of the Canada Development Investment Corporation, or CDEV.
Conversations are ongoing around what these opportunities may be, but the opportunities are there, and there is interest.
