Thank you, Mr. Chair. Yes, I do feel that I have provided leadership for the Power Corporation. I am in constant contact with the CEO. The issues that have been raised are of great concern. The Member opposite raised the issue of the board. Yes, I did replace the board. That saved $1 million, $100 per household in the Northwest Territories. There have been other issues that have come along, but it's important to remember with respect to the power rates in Hay River, that was an initiative of the Town of Hay River. They've decided to seek out alternate providers. We believe we can provide that power for less. I'm sorry; I've received a signal that my time was up. I hadn't thought I'd gone on that long. I will continue.
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Yes, the generator issue has been a thorn in our sides. I would not classify it as a "catastrophe." When the contract was initially let, it was let to Virdi Power which did have a good reputation, had many previous similar contracts, as I understand it, with the government of the United States. As I mentioned the other day, although I was pessimistic for a long time about the contract, it does seem that there is a greater likelihood of success than previously. We do have an inspector; the generators are going through a final inspection. Unfortunately, they're not yet at the Canadian border, but I am optimistic.
Going forward, of course, there are always issues with respect to the Power Corporation. We all want to keep rates down, but with a stable or declining population, that is difficult. Ultimately, I'll be working with other Ministers to seek out new customers. That would seem to me, really, to be the only way to reduce rates. Thank you, Mr. Chair.