Mr. Chairman, I do not think realistically, and from anything I have heard from the federal government, that we can expect to keep 100 percent of the royalties. That would be the same deal that Alberta has. The federal government have been clear that they do not want to create "have" jurisdictions in the sense of wealthy jurisdictions within Canada while someone else is considerably poorer.

I do not want to bias the negotiations that will happen but I would expect that there is going to be some kind of split between Ottawa and ourselves on royalties. I do not know whether it will be two-thirds to the North and one-third to Ottawa or 50/50. I do not know. It is really hard to suggest anything for the public that they should expect right now, other than we expect to keep a share. We are going to start the negotiations saying that we want 100 percent, not the same deal as Alberta has because of our infrastructure needs. Thank you.