Thank you, Mr. Chair. As I stated in my speech, we are going to have to make some tough decisions in this government. We are opposing the $1.1 billion, and our cap is at $1.3. It is a serious issue.
We have programs that we have to evaluate. We need to look at if they are still efficient, if they are still meeting the needs and priorities of this government, through this government, but we also have programs that we need to bring in to be able to address people, and we do have capital needs. Traditionally, the federal government actually, on large infrastructure projects, actually gives up to 75 percent dollars, 75 cent dollars, and we have to come up with 25 percent.
We have used our short-term borrowing and are looking at monies and trading in to do that. It is in the best interest of people and so we move forward with that, but working in the North is critical. I have seen that with many of our infrastructure projects, so why would we even bring infrastructure projects into the Northwest Territories if all of the work is going south because all the spending goes south then. That does not make sense to me.
I am not sure if it is about the projects are too big and the capacity of northern businesses, but if that is the issue, then maybe we need to break up those projects and look at smaller projects so that northern businesses can have an advantage with that.
I also think our business, our bid process, is not working for people, and we need to look at that. I know it is 30 percent. I know it sounds really good when you say "30 percent advantage," but something is not working. We need to have flexibility within that business incentive program, and we need to actually revise it so that the jobs and the resources and the monies stay in the North. Otherwise, we are just wasting our time. Thank you, Mr. Chair.