Mr. Speaker, the rate is Royal Bank plus two per cent, not less two per cent. We set that every 90 days. This is the rate somebody would get if they applied in a particular 90-day period.

With regard to changing the rates for people who have loans with the Government of the Northwest Territories, they have to apply to have their loans rewritten. When they do that, Mr. Speaker, they have to be a client in good standing. Also, they have to be prepared to pay the legal costs of registering any future securities. Thank you, Mr. Speaker.