Thank you, Mr. Chair. I would like to address a question to both candidates. This question is on the regulatory regime and the perception of many, and I believe, the reality of the uncertainty and insecurity of the investment climate in the Northwest Territories due to the vast range of approvals and regulatory and monitoring boards that we have.
Unscientifically, Mr. Chair, someone suggested there is probably in the neighborhood of 60 different levels or layers of approval that a given project could go through, and that was just in terms of federal boards and agencies.
One thought I had during my campaign was that it would make a very interesting platform to say we should have zero tolerance for any new regulatory board to be created in the Northwest Territories. And then I thought, well, no, I better not get too aggressive about that because I might have to do one.
Then I thought if somebody wants to make a new board, they should be able to take one off the list. Perhaps that is zero tolerance. Perhaps that is something we could look at.
But, to get down to my question, I would like to hear from both candidates concerning the uncertainty and insecurity of investment. What signal will your government send to the investment and the development community about the security of doing business in the new Northwest Territories? Thank you, Mr. Chair.