Thank you, Mr. Chairman. The intent is that this would be cost shared 50-50. But the intent is not that this would be a three-way contract. Nunavut and the contractor would enter into a contract, and we would enter into a contract, so we can adhere to our timelines and pose our own particular standards.
The cost of proceeding together in the North will offer both of us substantial savings. So it is a shared 50-50 enterprise, but it is not accurate to say we are sharing the contract itself 50-50.