Thank you, Mr. Chairman. There is the old saying, great minds think alike -- of course, the come back is fools seldom differ -- and I believe there is a market in Asia. I've spent some time there myself when I was in private life. We are going to be having discussions with the Newfoundland government about what they are doing with respect to seals, for example. I think there is a tremendous effort under way by former Ministers of Renewable Resources and present Ministers at the European level but, quite frankly, there has been very little effort done with regard to the Asian market.

We are moving forward on that initiative, to take a look at what opportunities may unfold. Madam Premier has indicated that, in discussions with the Premier from BC, he has offered that we tag on to some of their trade commissions. They are very active in the Asian marketplace, particularly in Hong Kong and Japan. I'm optimistic. At least from the Department of Economic Development's perspective, I think we'll be able to shift some of the commercial focus -- and I stress commercial focus, because that's our role -- to those markets. In an effort to try to save money and time, we're going to try to work in cooperation with both the Newfoundland government and the Government of BC, who already have experience in that area. Hopefully, we'll be able to move quickly with a strategy.

As we all know, in Toronto there was a Globe and Mail two-page ad about -- am I allowed to use the word? -- seal penises. It was a coincidence that I sat with Mr. Wells, the Premier from Newfoundland, who of course, I admire and we were talking about the whole issue. Basically, his position was he has 30,000 people unemployed and he has to find a way to get greater uses from renewable resources. I view renewable resources in exactly the same way. We've simply got to get more economic benefits from them. They are resources, particularly the seals in the eastern Arctic, that have historically been very beneficial to our harvesters.

There will be a shift. We will explore the commercial potential for renewable resources, whether it is muskox from Banks Island, seals from Broughton Island, or wherever. Hopefully, in the coming three or four months, we will have some indication if there are any opportunities in the Asia area. Thank you.