Thank you, Mr. Speaker-elect. The Power Corp is the people's corporation. It is a corporation of the people of the Northwest Territories responsible for providing power. As a result, we must listen to the people who are saying we need to find other alternatives for energy supply and production.

We need to consider going into our short-term borrowing in order to put in new technologies that allow us to generate power during the low water levels. Nobody wants to be in a situation where we actually have to take money out of our borrowings just to cover the high cost of diesel. We need to be creative about that. We need to explore other partners who are willing to provide some power. I understand the Power Corp has recently gone out seeking some RFPs to create power in using renewable technologies.

This is what we need to do. We need to find new ways of generating power, distributing power, and in an affordable means in order to help control costs to people of the Northwest Territories, so that we're not hit by the peaks and valleys of low water years. Thank you, Mr. Speaker-elect.