Thank you, Mr. Chair. We have been advocating the federal government should transfer responsibility for oil and gas, minerals, inland waters, all northern lands to the people of the North for some time now. Along with that would come the responsibility for a regulatory regime. The present regime, in large part, is not ours. We did not design it and we do not regulate it. All I can say is that I believe it should be ours. We should do it in partnership with aboriginal governments, and it should be simple and it should be efficient. It should regulate developers so the land, the environment, the wildlife, and the air are protected and proper safeguards are in place and monitored.
But it is true - it is cumbersome. It keeps investors and developers away. I know oil companies and mining companies very much want for a regime that is simple to understand and cost efficient and clear, and we would like to provide that. Thank you.