Finance committee  I'm probably not the right one to be selling this for our group, because there's work being done on it as we speak. We had simply looked at the capital assistance program that was put in place for the small airports, the private airports. The way that model was structured—that wa

Finance committee  You're correct. I'll try to make this simple so that you can understand it.

Finance committee  We're probably one port out of the group in the region here that's doing okay. That's, by and large, because of the divestiture agreement that we negotiated with Transport Canada. When I mention our dredging this fall, we already have that covered. We've built that into the dives

Finance committee  In our operation, we've been able to fund our deficit through interest earned on our investments as part of the the 25-year deal. The cash that came with the divestiture is now in our hands for 25 years. The interest we earn on that becomes our revenue stream to offset the defici

Finance committee  It was interesting listening to the conversation that happened here a minute ago. One of the areas that we've been looking at that has potential for expansion for small ports like ours is short-sea shipping, but that's a challenge because of the numbers of containers required. If

Finance committee  That's true. I'd have to admit that we're, by and large, responsible for that. I think that as an association, we've done a great job on promoting what we can do, what we are doing and what our challenges are. That's part of the initiative behind getting the upgraded Gardner Pinf

Finance committee  Thank you, Chairman Wayne, and welcome to the members of the committee. It's great to have an opportunity to do this. It's even better to be able to do it on our home turf of P.E.I. We appreciate your panel travelling to P.E.I. to hear some of our thoughts and concerns prior to b