Thank you. Supplementary, Mr. Ng.

Thank you, Madam Speaker. I'd like to ask the Minister, is he aware of the specific needs and the requests that have come forward from the communities of Coppermine and of Cambridge Bay in my constituency. Thank you.

Thank you. Minister responsible for the Housing Corporation, Mr. Morin.

Thank you, Madam Speaker. The Member has made me well aware of the issue. Thank you.

Thank you. Item 6, oral questions. The honourable Member for Baffin South, Mr. Pudlat.

(Translation) Thank you, Madam Speaker. I have a question for the Minister of Economic Development. Madam Speaker, a lot of communities have been provided docks in the communities. If there was an evaluation done already, would they be providing a dock for the community of Cape Dorset or Lake Harbour?

Thank you. Minister Todd.

I believe the honourable Member raised this issue some time before, Madam Speaker. Subject to the hamlet council defining docks as a priority in the capital planning process, we are prepared to consider docks and breakwaters as we have done in some communities like Gjoa Haven, Pelly Bay and currently in Coral Harbour, Rankin Inlet and a number of other communities.

Whale Cove.

Whale Cove probably, too. I appreciate the honourable Member enlightening me, it is so rare. Anyway, yes, Madam Speaker, we are in a position to provide some fiscal support to communities that request breakwaters and docks. We would only be too happy to with respect to Lake Harbour or Cape Dorset. Thank you.

Thank you. Supplementary, Mr. Pudlat.

(Translation) Thank you, Madam Speaker. Has this been evaluated already? I am happy to hear that they will be able to give some support, financially. I wanted to find out, are we included in the plan for providing breakwaters in

our shores this summer? Will this be provided during the upcoming year? Thank you, Madam Speaker.

Thank you. Minister Todd.

Thank you, Madam Speaker. I'm not entirely sure about every single capital dollar and detail. I do know this, the regional superintendent of the Department of Transportation has been in close communication with the hamlet councils both in Cape Dorset and Lake Harbour, and in other Baffin communities that have requested some assistance.

With respect to specific dollars in the capital budget, I will have to review the book and advise the Member. I do know that discussions are under way with the local municipalities in an effort to determine what kind of financial resources they will require for the building of docks and breakwaters. Thank you.

Thank you. Item 6, oral questions. The honourable Member for Iqaluit, Mr. Patterson.

Thank you. Minister of Economic Development and Tourism, Mr. Todd.

Thank you, Madam Speaker. It is an important initiative on the part of the Department of Economic Development and Tourism to find new sources and make readily available access to new capital, particularly with residential and commercial mortgages. We are currently in the second phase of this important initiative. I think we are extremely fortunate to have the former Finance Minister of Ontario, Larry Grossman, working with us on it.

Hopefully, as we move forward with the final plan which requires the introduction of legislation, et cetera, we will have a positive response from this House by the end of the year. Thank you.

Thank you. Supplementary, Mr. Patterson.

Thank you, Madam Speaker. In addition to raising capital for residential and commercial investment, I would like to ask the Minister, does the Mortgage Investment Corporation concept he's pursuing also include the eventual provision of improved financial services in communities? Thank you.

Minister of Economic Development and Tourism, Mr. Todd.

Thank you, Madam Speaker. If the honourable Member is asking if it provides services similar to our conventional banks, the answer is no. Thank you.

Thank you. Supplementary, Mr. Patterson.

I understand that it wouldn't provide the same services as a bank, but what new financial services might eventually be provided by a Mortgage Investment Corporation of the kind that is being investigated for our communities, particularly our smaller communities? Thank you.