In terms of what we should want as Canadians, my rule of thumb would be, don't spend bitumen on something on which you wouldn't spend money. If you're not prepared to write a large government cheque, do not turn around and offer a company cheaper bitumen in order to underpin their operations.
What I meant by that statement was that if you have offshore refining capacity that is able to, at a very low cost—$10 to $15, or less, per barrel—convert bitumen into high-value refined products, that will create more demand for bitumen, and that in and of itself is going to raise the price and value of bitumen.
Our alternative there would be to say that we're not going to allow the export of bitumen, which would depress its price. That would enable, as you suggest, Canadian employment related to the processing of that bitumen, but we'd have to be clear that what was actually paying for those jobs was not new money; it was money taken in the form of a discount on bitumen.
That's why I made the point of saying don't spend bitumen where you wouldn't spend money. I don't think we would write a large government cheque to a new refinery. Don't give them discounted bitumen.