With a combination of traditional Inuit knowledge and state-of-the-art technology, the wrecks of HMS Erebus and HMS Terror were finally located under relatively shallow Arctic Waters to the south of King William Island in 2014 and 2016 respectively. Acknowledging the importance of this momentous discovery, the UK Government is proposing to update the 1997 agreement, transferring ownership of the wrecks to Parks Canada, whilst retaining a small sample of artefacts. Items from the wreckages will be displayed for future generations in both Canadian and UK museums.