Thank you. Of course, under this legislation, we understand the importance of having that assurance, but we also recognize that, in many cases, having the complete financial assurance cost up front is unnecessary because we don’t know what particular proposed features would never be built and which associated rehabilitation costs would never materialize. You’re placing a greater capital requirement on the proponent for costs that may never actually end up materializing.

This does allow for assurance. We obviously still want to ensure that the funds are available to provide for the rehabilitation project, but it will be paid in phases tied to the project’s construction schedule to create more options for companies to pay financial assurance. We obviously want to ensure that the funds are available, but we recognize that perhaps, as the situation evolves, we’re going to have different requirements, so to have that done in a series of payments as opposed to a one-time, up-front lump sum is about providing that flexibility and additionally ensuring that the funds are available to make the investments that are needed.