Thank you, Mr. Chairman. We have a couple of resolutions.
Northern Accord. The committee is pleased to learn that the government anticipates a final agreement on the Northern Accord, by March 1993, as there is a great sense of urgency. It is incumbent on the committee, in consultation with the Chairperson of the Financial Management Board, to examine and recommend the terms and conditions of any agreement relating to financial arrangements, with the Government of Canada.
The committee is concerned that, in the past, benefits float south, and little is accrued to the Northwest Territories. This shows the economic agreement simply has not worked. More political preservation is required to ensure that benefits stay in the north, including resource revenues, jobs, infrastructure, and taxes, etc.