We don't see any project that has given this type of opportunity. This project would have been unprecedented in the fact that the first nations would be owners of the project. As one-third owners they would take on both the benefits and the risks of this pipeline as part of the project's operations. The 31 communities would also have what they call the aboriginal environmental protection group, which would monitor the pipe on a 24-7 basis and commit themselves to protecting the environment around them to ensure that there was early warning if there was a spill of any sort.
It's unprecedented because the first 10% was a carried interest, which meant that the communities did not have to go out and get their investment monies in order to own 10%. The companies were ready to give them 10% equity in the program as part of the cost of doing business and out of respect to the first nation communities since it was a greenfield project and they were going through traditional territories that were not subjected to any type of development in the past or in the present. There was extra consideration for that.
The negotiations for thirty-three and a third per cent that were coming up were partly like that. It was a consideration of either carrying interest, or giving the communities the opportunity to gather their own investment monies.